BIOMARIN PHARMACEUTICAL INC (BMRN) Stock Technical Analysis
USA - NASDAQ:BMRN - US09061G1013 - Common Stock
52.62 USD
-1.15 (-2.14%)
52.5 USD
-0.12 (-0.23%)
Taking everything into account, BMRN scores 0 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.
The short term trend is negative, as is the long term trend. There should be more interesting stocks out there.
87% of all other stocks performed better in the past year than BMRN.
BMRN is one of the lesser performing stocks in the Biotechnology industry. 60% of 538 stocks in the same industry do better.
BMRN is currently making a new 52 week low. This is a very bad signal. Certainly because the S&P500 Index is trading near new highs.
In the last month BMRN has a been trading in the 52.48 - 59.79 range, which is quite wide. It is currently trading near the lows of this range.
BMRN has an average volume of 2155870 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
Although the technical rating is bad, BMRN does present a nice setup opportunity. 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
52.09
83.02
4 important resistance areas can be observed.
- A resistance zone ranging from 56.48 to 57.52. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 59.02 to 59.10. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @63.69 from a horizontal line in the daily time frame.
- Resistance @82.20 from a trend line in the weekly time frame.
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 | DOWN | NEGATIVE | The long term trend for BMRN is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for BMRN is down. |
| ChartMill Relative Strength | 13.9 | NEGATIVE | BMRN has a low relative strength, it was outperformed by 86.1% 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) | 36.44 | NEUTRAL | The RSI value for BMRN is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.18 | NEGATIVE | The MACD value suggests BMRN has a negative trend. |
| Stochastics (14,3) | 9.29 | OVERSOLD | The low Stochastics value suggests BMRN may be oversold. |
| Average True Range in percent/ATR (20) | 2.78 | MEDIUM VOLATILITY | The ATR as a percentage value for BMRN suggests some volalility. |
| Average Directional Index/ADX (14) | 20.33 | NEUTRAL | The ADX value for BMRN suggests a possible start of a new trend. |
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)
52.62
-1.15 (-2.14%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryBiotechnology
Performance
% Chg-2.14%
1 Week-4.57%
2 Weeks-5.88%
1 Month-10.3%
3 Month-4.62%
6 Month-26.34%
12 Month-25.45%
2 Year-40.53%
3 Year-37.93%
5 Year-30.84%
10 Year-50.04%
15 Year135.44%
Volatility
ATR(14)1.44
ATR(20)%2.78%
ATR Inc-6.83%
Range Today2.02
ADR(20)1.45
ADR(20)%2.75%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS13.9
Mansfield-2.39
10 Day High56.07
10 Day Low52.48
20 Day High59.79
20 Day Low52.48
52 Week High73.51
52 Week Low52.48
CS1 EndN/A
CR1 Start56.48
Volume & EV
DER(3)4.67%
DER(5)3%
Volume2.73M
Volume Incr46.27%
Vol(5)2.64M
Vol(50)2.16M