USA - NASDAQ:ILMN - US4523271090 - Common Stock
Overall ILMN gets a technical rating of 8 out of 10. This is due to a decent performance in both the short and medium term time frames. Compared to the overall market, ILMN is only an average performer.
Although ILMN has an excellent technical rating, it 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.
90.77
We found 3 important support areas.
We found 1 important resistance area.
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 ILMN is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for ILMN is up. |
| ChartMill Relative Strength | 60.54 | 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) | 68.9 | NEUTRAL | The RSI value for ILMN is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 2.81 | POSITIVE | The MACD value suggests ILMN has a positive trend. |
| Stochastics (14,3) | 84.42 | OVERBOUGHT | The high Stochastics value suggests ILMN may be overbought. |
| Average True Range in percent/ATR (20) | 4.46 | MEDIUM VOLATILITY | The ATR as a percentage value for ILMN suggests some volalility. |
| Average Directional Index/ADX (14) | 20.74 | NEUTRAL | The ADX value for ILMN suggests a possible start of a new trend. |
122.44
+5.58 (+4.77%)
ChartMill assigns a technical rating of 8 / 10 to ILMN.
The current trend direction for ILLUMINA INC (ILMN) is Bullish.
ILLUMINA INC (ILMN) has an RSI value of 68.9018. This indicates that the stock is currently neutral.
The MACD indicator for ILLUMINA INC (ILMN) has a value of 2.81146, indicating a bullish trend.
The short term momentum for ILLUMINA INC (ILMN) is positive.