53.7 USD
-0.04 (-0.07%)
53.66 USD
-0.04 (-0.07%)
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 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.
78% of all other stocks performed better in the past year than BMRN.
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 51.99 - 56.45 range, which is quite wide. It is currently trading in the middle of this range where prices have been consolidating recently, this may present a good entry opportunity, but some resistance may be present above.
BMRN has an average volume of 2799780 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
BMRN is part of the Biotechnology industry. There are 531 other stocks in this industry, BMRN did better than 42% of them.
BMRN has a bad technical rating, but it does show a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is a support zone below the current price at 52.62, a Stop Loss order could be placed below this zone.
More info and screens
50.94
64.33
We found 2 important support areas.
- Support @52.62 from a horizontal line in the daily time frame.
- A support zone ranging from 51.45 to 51.46. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice 3 important areas.
- A resistance zone ranging from 53.80 to 56.30. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @59.56 from a trend line in the daily time frame.
- Resistance @63.69 from a horizontal line in the daily 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 | NEUTRAL | NEUTRAL | The short term trend for BMRN is neutral. |
| ChartMill Relative Strength | 22.79 | NEGATIVE | BMRN has a low relative strength, it was outperformed by 77.21% 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) | 48.01 | NEUTRAL | The RSI value for BMRN is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.15 | NEGATIVE | The MACD value suggests BMRN has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 33.79 | NEUTRAL | The Stochastics value for BMRN is a neutral value. |
| Average True Range in percent/ATR (20) | 2.59 | MEDIUM VOLATILITY | The ATR as a percentage value for BMRN suggests some volalility. |
| Average Directional Index/ADX (14) | 12.58 | NEGATIVE | The low ADX value for BMRN suggests a weak or negative 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)
53.7
-0.04 (-0.07%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryBiotechnology
Performance
% Chg-0.07%
1 Week-1.12%
2 Weeks-4.6%
1 Month-2.24%
3 Month-0.72%
6 Month-4.48%
12 Month-18.65%
2 Year-44.31%
3 Year-48.11%
5 Year-38.76%
10 Year-48.74%
15 Year99.41%
Volatility
ATR(14)1.35
ATR(20)%2.59%
ATR Inc-24.92%
Range Today1.29
ADR(20)1.37
ADR(20)%2.56%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS22.79
3 months CRS39.95
6 months CRS22.8
Mansfield-2.02
10 Day High56.39
10 Day Low52.55
20 Day High56.45
20 Day Low51.99
52 Week High73.51
52 Week Low50.76
CS1 End52.62
CR1 Start53.8
Volume & EV
DER(3)0.4%
DER(5)1.85%
Volume2.67M
Volume Incr-29.03%
Vol(5)2.19M
Vol(50)2.80M
BIOMARIN PHARMACEUTICAL INC / BMRN FAQ
Can you provide the ChartMill technical rating for BIOMARIN PHARMACEUTICAL INC?
ChartMill assigns a technical rating of 0 / 10 to BMRN.
Can you provide the trend direction for BIOMARIN PHARMACEUTICAL INC?
The current trend direction for BIOMARIN PHARMACEUTICAL INC (BMRN) is Bearish.
Can you provide the RSI signal for BIOMARIN PHARMACEUTICAL INC?
BIOMARIN PHARMACEUTICAL INC (BMRN) has an RSI value of 48.0072. 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 -0.153717, indicating a bearish trend.