BIOMARIN PHARMACEUTICAL INC (BMRN) Stock Technical Analysis
NASDAQ:BMRN - Nasdaq - US09061G1013 - Common Stock - Currency: USD
We assign a technical rating of 0 out of 10 to BMRN. BMRN scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
The long term trend is still negative, but the short term trend is neutral. It is advised to wait a little bit longer to see how this turns out.
When comparing the yearly performance of all stocks, BMRN is a bad performer in the overall market: 69% of all stocks are doing better.
BMRN is currently trading in the lower part of its 52 week range, which is not a good signal. Agreed, the S&P500 Index is also not doing fantastic, but it still sitting in the middle of its 52 week range.
BMRN is part of the Biotechnology industry. There are 566 other stocks in this industry. BMRN outperforms 72% of them.
BMRN has an average volume of 1789880 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
In the last month BMRN has a been trading in the 52.93 - 69.87 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Considerably lower volume is observed in the last couple of days.
BMRN has a bad technical rating, but it does show a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. We notice that large players showed an interest for BMRN in the last couple of days, which is a good sign.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
More info and screens
63.05
93.14
We can see 4 important resistance areas.
- A resistance zone ranging from 69.02 to 69.61. This zone is formed by a combination of multiple trend lines in the daily time frame.
- A resistance zone ranging from 71.17 to 72.83. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @85.58 from a trend line in the weekly time frame.
- Resistance @92.22 from a horizontal line in the weekly time frame.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS31.37
Mansfield-1.09
10 Day High64.08
10 Day Low58
20 Day High69.87
20 Day Low52.93
52 Week High94.85
52 Week Low52.93
Performance
1 Week2.83%
2 Weeks6.11%
1 Month-6.26%
3 Month0.52%
6 Month-4.37%
12 Month-22.74%
2 Year-33.68%
3 Year-21.71%
5 Year-30.79%
10 Year-43.16%
15 Year172.53%
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
Technical Indicators
MACD(12,26,9)0.76
RSI(14)51.34
LBB55.86
UBB65.41
63.69
+0.41 (+0.65%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryBiotechnology
Performance
% Chg0.65%
1 Week2.83%
2 Weeks6.11%
1 Month-6.26%
3 Month0.52%
6 Month-4.37%
12 Month-22.74%
2 Year-33.68%
3 Year-21.71%
5 Year-30.79%
10 Year-43.16%
15 Year172.53%
Volatility
ATR(14)2.09
ATR(20)%4.45%
ATR Inc-46.8%
Range Today1.2
ADR(20)2.66
ADR(20)%4.18%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS31.37
Mansfield-1.09
10 Day High64.08
10 Day Low58
20 Day High69.87
20 Day Low52.93
52 Week High94.85
52 Week Low52.93
CS1 EndN/A
CR1 Start69.02
Volume & EV
DER(3)3.73%
DER(5)3.01%
Volume1.30M
Volume Incr-45.49%
Vol(5)1.16M
Vol(50)1.79M