ILLUMINA INC (ILMN) Stock Technical Analysis
USA - NASDAQ:ILMN - US4523271090 - Common Stock
123.54 USD
+24.53 (+24.78%)
123.744 USD
+0.2 (+0.17%)
We assign a technical rating of 6 out of 10 to ILMN. ILMN has been a medium performer in the overall market. Some doubts are observed in the medium time frame, but recent action was very positive.
In the last month ILMN has a been trading in the 88.00 - 123.93 range, which is quite wide. It is currently trading near the high of this range.
Volume is considerably higher in the last couple of days, which is what you like to see during a strong movement up.
ILMN has an average volume of 1671080 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.
When comparing the performance of all stocks over the past year, ILMN turns out to be only a medium performer in the overall market: it outperformed 56% of all stocks.
ILMN is an average performer in the Life Sciences Tools & Services industry, it outperforms 59% of 58 stocks in the same industry.
ILMN is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so ILMN is lagging the market.
Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
ILMN has an average technical rating and it also does not offer a high quality setup at the moment. Prices have been extended to the upside lately. For a nice entry it is better to wait for a consolidation.
More info and screens
90.77
124.78
2 important support areas can be observed.
- Support @96.14 from a trend line in the weekly time frame.
- A support zone ranging from 91.69 to 93.07. This zone is formed by a combination of multiple trend lines 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 | NEUTRAL | NEUTRAL | The long term trend for ILMN is neutral. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for ILMN is neutral. |
| ChartMill Relative Strength | 56.37 | 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 | MIXED | The current price of ILMN is above a declining SMA(200). |
| Relative Strength Index/RSI (14) | 74.52 | OVERBOUGHT | The high RSI value suggests ILMN may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 1.8 | POSITIVE | The MACD value suggests ILMN has a positive trend. |
| Stochastics (14,3) | 75.01 | NEUTRAL | The Stochastics value for ILMN is a neutral value. |
| Average True Range in percent/ATR (20) | 3.94 | MEDIUM VOLATILITY | The ATR as a percentage value for ILMN suggests some volalility. |
| Average Directional Index/ADX (14) | 14.8 | NEGATIVE | The low ADX value for ILMN 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)
123.54
+24.53 (+24.78%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryLife Sciences Tools & Services
Performance
% Chg24.78%
1 Week23.4%
2 Weeks29.42%
1 Month20.98%
3 Month30.51%
6 Month58.63%
12 Month-17.51%
2 Year12.9%
3 Year-46.01%
5 Year-57.79%
10 Year-13.78%
15 Year127.47%
Volatility
ATR(14)5.51
ATR(20)%3.94%
ATR Inc289.03%
Range Today17.81
ADR(20)4.41
ADR(20)%3.57%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS56.37
3 months CRS87.98
6 months CRS88.89
Mansfield0.58
10 Day High123.93
10 Day Low94
20 Day High123.93
20 Day Low88
52 Week High156.66
52 Week Low68.7
CS1 End96.14
CR1 StartN/A
Volume & EV
DER(3)3.68%
DER(5)0.62%
Volume6.80M
Volume Incr67.11%
Vol(5)2.70M
Vol(50)1.67M
ILLUMINA INC / ILMN FAQ
Can you provide the ChartMill technical rating for ILLUMINA INC?
ChartMill assigns a technical rating of 6 / 10 to ILMN.
What is the trend direction for ILMN stock?
The current trend direction for ILLUMINA INC (ILMN) is Bearish.
What is the RSI signal for ILLUMINA INC (ILMN) stock?
ILLUMINA INC (ILMN) has an RSI value of 74.5153. This indicates that the stock is currently overbought.
Can you provide the MACD signal for ILLUMINA INC?
The MACD indicator for ILLUMINA INC (ILMN) has a value of 1.79691, indicating a bullish trend.
What is the short term momentum for ILMN stock?
The short term momentum for ILLUMINA INC (ILMN) is neutral.