ILLUMINA INC (ILMN) Stock Technical Analysis
NASDAQ:ILMN - Nasdaq - US4523271090 - Common Stock - Currency: USD
Taking everything into account, ILMN scores 7 out of 10 in our technical rating. In the last year, ILMN was an average performer in the market. There are positive signs in the very recent evolution, but the medium term picture is still mixed.
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.
The short term trend is positive, while the long term trend is neutral. So this is evolving in the right direction.
ILMN is one of the better performing stocks in the Life Sciences Tools & Services industry, it outperforms 73% of 54 stocks in the same industry.
ILMN is currently showing a bull flag pattern! A bull flag pattern occurs when prices pull back slightly after a strong rise up. This may be a nice opportunity for an entry.
ILMN has an average volume of 2355230 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
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 57% of all stocks.
Besides having an excellent technical rating, ILMN also presents a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. A pullback is taking place, which may present a nice opportunity for an entry. There is a support zone below the current price at 96.13, a Stop Loss order could be placed below this zone.
More info and screens
95.12
101.81
2 important resistance areas can be observed.
- A resistance zone ranging from 96.13 to 97.99. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 100.80 to 100.80. 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 | NEUTRAL | NEUTRAL | The long term trend for ILMN is neutral. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for ILMN is up. |
| ChartMill Relative Strength | 57.26 | NEUTRAL | ILMN is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of ILMN is below 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) | 55.14 | NEUTRAL | The RSI value for ILMN is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.65 | NEGATIVE | The MACD value suggests ILMN has a negative trend. |
| Stochastics (14,3) | 40.82 | NEUTRAL | The Stochastics value for ILMN is a neutral value. |
| Average True Range in percent/ATR (20) | 3.27 | MEDIUM VOLATILITY | The ATR as a percentage value for ILMN suggests some volalility. |
| Average Directional Index/ADX (14) | 31.69 | 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)
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 |
|---|---|---|---|
| 98.00 | 96.12 | 1.88 (1.92%) | 25.00% |
| An entry @98.00. This is a Buy Stop order right above the resistance zone. | An exit @96.12. This is a Stop Loss order right below the support zone. | The worst case loss on the trade is limited to 1.88 points, which is 1.92%. | When investing 25.00% of your capital in this trade, your total portfolio risk will be 0.48%. |
- The distance between exit and entry is rather small compared to the average daily movement of ILMN. Please evaluate whether better entry and exit points can be found.
- 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.
NASDAQ:ILMN (7/21/2025, 2:32:59 PM)
96.085
-0.06 (-0.06%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryLife Sciences Tools & Services
Performance
% Chg-0.06%
1 Week-3.13%
2 Weeks-4.62%
1 Month6.51%
3 Month35.03%
6 Month-29.66%
12 Month-16.03%
2 Year-49.97%
3 Year-55.63%
5 Year-74.84%
10 Year-56.16%
15 Year114.46%
Volatility
ATR(14)3.27
ATR(20)%3.27%
ATR Inc-6.68%
Range Today4.09
ADR(20)3.06
ADR(20)%3.19%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS57.26
Mansfield-2.15
10 Day High101.28
10 Day Low95.09
20 Day High102.09
20 Day Low88.68
52 Week High156.66
52 Week Low68.7
CS1 End96.13
CR1 Start96.47
Volume & EV
DER(3)-2.21%
DER(5)-2.04%
Volume1.77M
Volume Incr-15.23%
Vol(5)2.03M
Vol(50)2.36M