BIOGEN INC (IDP.DE) Stock Technical Analysis
Europe - FRA:IDP - US09062X1037 - Common Stock
We assign a technical rating of 7 out of 10 to IDP. Although IDP is a bad performer in the overall market, the technical picture looks good in both the medium and short term time frames.
Besides having an excellent technical rating, IDP also presents a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. There is very little resistance above the current price. There is a support zone below the current price at 123.69, a Stop Loss order could be placed below this zone. Another positive sign is the recent Pocket Pivot signal.
- A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
More info and screens
102.47
5 important support areas can be observed.
- A support zone ranging from 122.88 to 123.69. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 116.85 to 118.34. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @113.50 from a horizontal line in the daily time frame.
- Support @108.45 from a trend line in the daily time frame.
- Support @103.50 from a horizontal line in the daily time frame.
When analyzing the resistance we notice 2 important areas.
- Resistance @130.60 from a trend line in the weekly time frame.
- A resistance zone ranging from 132.90 to 135.36. This zone is formed by a combination of multiple trend lines in multiple time frames.
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 | UP | POSITIVE | The long term trend for IDP.DE is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for IDP.DE is up. |
| ChartMill Relative Strength | 20.43 | NEGATIVE | IDP.DE has a low relative strength, it was outperformed by 79.57% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of IDP.DE is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of IDP.DE is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | MIXED | The current price of IDP.DE is above a declining SMA(200). |
| Relative Strength Index/RSI (14) | 56.17 | NEUTRAL | The RSI value for IDP.DE is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.04 | NEGATIVE | The MACD value suggests IDP.DE has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 74.3 | NEUTRAL | The Stochastics value for IDP.DE is a neutral value. |
| Average True Range in percent/ATR (20) | 2.62 | MEDIUM VOLATILITY | The ATR as a percentage value for IDP.DE suggests some volalility. |
| Average Directional Index/ADX (14) | 17.8 | NEGATIVE | The low ADX value for IDP.DE suggests a weak or negative trend. |
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 130.61 | 119.99 | 10.62 (8.13%) | 12.30% |
| An entry @130.61. This is a Buy Stop order right above the resistance zone. | An exit @119.99. This is a Stop Loss order right below the 10 day low. | The worst case loss on the trade is limited to 10.62 points, which is 8.13%. | For a 1.00% total portfolio risk, you can invest 12.30% of your capital in this trade. |
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
FRA:IDP (10/28/2025, 7:00:00 PM)
128.15
-0.1 (-0.08%)
BIOGEN INC / IDP.DE FAQ
What is the ChartMill technical rating of BIOGEN INC (IDP.DE) stock?
ChartMill assigns a technical rating of 7 / 10 to IDP.DE.
Can you provide the trend direction for BIOGEN INC?
The current trend direction for BIOGEN INC (IDP.DE) is Bullish.
What is the RSI signal for IDP stock?
BIOGEN INC (IDP.DE) has an RSI value of 56.1695. This indicates that the stock is currently neutral.
What is the MACD signal for IDP stock?
The MACD indicator for BIOGEN INC (IDP.DE) has a value of -0.0404566, indicating a bearish trend.
What is the short term momentum for IDP stock?
The short term momentum for BIOGEN INC (IDP.DE) is positive.