BIOMARIN PHARMACEUTICAL INC (BMRN) Technical Analysis
NASDAQ:BMRN • US09061G1013
Current stock price
54.53 USD
-1.77 (-3.14%)
At close:
54.55 USD
+0.02 (+0.04%)
After Hours:
BMRN Technical Rating and Analysis
Taking everything into account, BMRN scores 1 out of 10 in our technical rating. 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.
- When comparing the yearly performance of all stocks, BMRN is a bad performer in the overall market: 77% 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. Certainly not because the S&P500 Index is trading near new highs.
- In the last month BMRN has a been trading in the 53.35 - 60.71 range, which is quite wide. It is currently trading near the lows of this range.
- BMRN has an average volume of 2133240 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- Both the short term and long term trends are neutral. So this is not the most entertaining stock around.
- BMRN is part of the Biotechnology industry. There are 517 other stocks in this industry, BMRN did better than 40% of them.
BMRN Weekly and Daily overview Charts
BMRN Setup Rating and Analysis
BMRN has a poor technical rating and the quality of the setup is also only medium at the moment. Prices have been consolidating lately.
More info and screens
BMRN Support and Resistance Analysis
50.94
62.23
When analyzing the support we can see 3 important areas.
- Support @54.43 from a trend line in the daily time frame.
- Strong support @52.62 from a horizontal line in the daily time frame.
- A support zone ranging from 51.45 to 51.45. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice 4 important areas.
- A resistance zone ranging from 54.55 to 54.59. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A resistance zone ranging from 55.51 to 55.86. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 56.96 to 57.25. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @61.61 from a trend line in the weekly time frame.
BMRN Technical Indicator Signal Analysis
The Technical Rating and Setup analysis above combine different indicators and trends in different timeframes. Individual signals from indicators may give more contradictive signals and should always be interpreted in the more global context.
| Indicator | Value | Signal | Comment |
|---|---|---|---|
| ChartMill Long Term Trend Indicator | NEUTRAL | NEUTRAL | The long term trend for BMRN is neutral. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for BMRN is neutral. |
| ChartMill Relative Strength | 23.71 | NEGATIVE | BMRN has a low relative strength, it was outperformed by 76.29% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of BMRN is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of BMRN is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of BMRN is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 40.79 | NEUTRAL | The RSI value for BMRN is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.13 | POSITIVE | The MACD value suggests BMRN has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 60.27 | NEUTRAL | The Stochastics value for BMRN is a neutral value. |
| Average True Range in percent/ATR (20) | 3.07 | MEDIUM VOLATILITY | The ATR as a percentage value for BMRN suggests some volalility. |
| Average Directional Index/ADX (14) | 21.49 | NEUTRAL | The ADX value for BMRN suggests a possible start of a new trend. |
BMRN Chart- and CandleStick Pattern Analysis
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)
BMRN Technicals: Chart, Performance Metrics, Trend & Indicators
54.53
-1.77 (-3.14%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryBiotechnology
Performance
% Chg-3.14%
1 Week-1.75%
2 Weeks-1.84%
1 Month-7.69%
3 Month-7.5%
6 Month4.22%
12 Month-4.03%
2 Year-32.48%
3 Year-43.22%
5 Year-30.02%
10 Year-35.6%
15 Year102.79%
Volatility
ATR(14)1.49
ATR(20)%3.07%
ATR Inc20.82%
Range Today2.08
ADR(20)1.57
ADR(20)%2.87%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS23.71
3 months CRS30.48
6 months CRS61.16
Mansfield-0.94
10 Day High57.76
10 Day Low53.94
20 Day High60.71
20 Day Low53.36
52 Week High66.28
52 Week Low50.76
CS1 End54.43
CR1 Start54.55
Volume & EV
DER(3)-0.33%
DER(5)-0.56%
Volume1.54M
Volume Incr-28.89%
Vol(5)1.45M
Vol(50)2.13M
BIOMARIN PHARMACEUTICAL INC / BMRN TA FAQ
Can you provide the ChartMill technical rating for BIOMARIN PHARMACEUTICAL INC?
ChartMill assigns a technical rating of 1 / 10 to BMRN.
What is the trend direction for BMRN stock?
The current trend direction for BIOMARIN PHARMACEUTICAL INC (BMRN) is Bearish.
What is the RSI signal for BMRN stock?
BIOMARIN PHARMACEUTICAL INC (BMRN) has an RSI value of 40.7904. This indicates that the stock is currently neutral.
What is the MACD signal for BIOMARIN PHARMACEUTICAL INC (BMRN) stock?
The MACD indicator for BIOMARIN PHARMACEUTICAL INC (BMRN) has a value of 0.129039, indicating a bearish trend.