ILLUMINA INC (ILMN) Stock Technical Analysis
NASDAQ:ILMN - Nasdaq - US4523271090 - Common Stock - Currency: USD
Overall ILMN gets a technical rating of 5 out of 10. ILMN has been an average performer in the overall market. Recently some decent action could be observed, but in the medium term time frame this is still negative.
ILMN 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.
ILMN is part of the Life Sciences Tools & Services industry. There are 55 other stocks in this industry. ILMN outperforms 70% of them.
In the last month ILMN has a been trading in the 78.79 - 95.99 range, which is quite wide. It is currently trading near the high of this range.
ILMN has an average volume of 2182080 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
The short term trend is positive, while the long term trend is still negative. So this is evolving in the right direction, but it may need some more time to really turn around the trend.
When compared to the yearly performance of all other stocks, ILMN outperforms 52% of them, which is more or less in line with the market.
Volume is considerably higher in the last couple of days.
ILMN has an average technical rating and it also does not offer a high quality setup at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
80.28
95.75
We found 1 important support area.
- A support zone ranging from 81.09 to 82.20. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 94.80 to 94.80. 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 | DOWN | NEGATIVE | The long term trend for ILMN is down. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for ILMN is up. |
| ChartMill Relative Strength | 52.51 | NEUTRAL | ILMN is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of ILMN is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of ILMN is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of ILMN is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 72.54 | OVERBOUGHT | The high RSI value suggests ILMN may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.55 | POSITIVE | The MACD value suggests ILMN has a positive trend. |
| Stochastics (14,3) | 86.86 | OVERBOUGHT | The high Stochastics value suggests ILMN may be overbought. |
| Average True Range in percent/ATR (20) | 3.01 | MEDIUM VOLATILITY | The ATR as a percentage value for ILMN suggests some volalility. |
| Average Directional Index/ADX (14) | 29.59 | POSITIVE | The high ADX value value for ILMN suggests a strong 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)
94.79
+0.63 (+0.67%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryLife Sciences Tools & Services
Performance
% Chg0.67%
1 Week4.75%
2 Weeks7.56%
1 Month12.47%
3 Month18.49%
6 Month-29.93%
12 Month-9.19%
2 Year-49.44%
3 Year-48.58%
5 Year-74.41%
10 Year-56.59%
15 Year117.76%
Volatility
ATR(14)2.89
ATR(20)%3.01%
ATR Inc-1.78%
Range Today2.35
ADR(20)2.79
ADR(20)%2.94%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS52.51
Mansfield-2.21
10 Day High95.99
10 Day Low85.77
20 Day High95.99
20 Day Low78.79
52 Week High156.66
52 Week Low68.7
CS1 End82.2
CR1 Start94.8
Volume & EV
DER(3)-3.92%
DER(5)-3.36%
Volume3.84M
Volume Incr42.64%
Vol(5)2.99M
Vol(50)2.18M