ILLUMINA INC (ILMN) Technical Analysis
NASDAQ:ILMN • US4523271090
Current stock price
ILMN Technical Rating and Analysis
We assign a technical rating of 5 out of 10 to ILMN. Although ILMN is scoring some points because its good overall performance in the market in the past year, recent evolutions are not that positive. Both the medium and short term picture give negative signs.
- When comparing the yearly performance of all stocks, we notice that ILMN is one of the better performing stocks in the market, outperforming 82% of all stocks. On top of that, ILMN also shows a nice and consistent pattern of rising prices.
- ILMN is one of the better performing stocks in the Life Sciences Tools & Services industry, it outperforms 90% of 56 stocks in the same industry.
- In the last month ILMN has a been trading in the 115.31 - 132.28 range, which is quite wide. It is currently trading in the middle of this range where prices have been consolidating recently, this may present a good entry opportunity, but some resistance may be present above.
- ILMN has an average volume of 2073640 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- The long and short term trends are both neutral. This gives a pretty neutral overall picture!
- ILMN is currently trading in the middle of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so ILMN is lagging the market slightly.
- Considerably lower volume is observed in the last couple of days.
ILMN Weekly and Daily overview Charts
ILMN Setup Rating and Analysis
ILMN has only a medium technical rating, but it does show a decent setup pattern. Prices have been consolidating lately.
More info and screens
ILMN Support and Resistance Analysis
113.30
We found 2 important support areas.
- Support @118.69 from a trend line in the daily time frame.
- A support zone ranging from 114.44 to 116.81. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice 2 important areas.
- A resistance zone ranging from 134.47 to 134.47. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @151.09 from a horizontal line in the weekly time frame.
ILMN Technical Indicator Signal Analysis
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 | 82.74 | POSITIVE | ILMN has a high relative strength, it outperformed 82.74% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of ILMN is above a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of ILMN is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of ILMN is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 48.65 | NEUTRAL | The RSI value for ILMN is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.2 | POSITIVE | The MACD value suggests ILMN has a positive trend. |
| Stochastics (14,3) | 39.24 | NEUTRAL | The Stochastics value for ILMN is a neutral value. |
| Average True Range in percent/ATR (20) | 3.95 | MEDIUM VOLATILITY | The ATR as a percentage value for ILMN suggests some volalility. |
| Average Directional Index/ADX (14) | 17.61 | NEGATIVE | The low ADX value for ILMN suggests a weak or negative trend. |
ILMN Chart- and CandleStick Pattern Analysis
ILMN Technicals: Chart, Performance Metrics, Trend & Indicators
123.26
+2.45 (+2.03%)
ILLUMINA INC / ILMN TA FAQ
Can you provide the ChartMill technical rating for ILLUMINA INC?
ChartMill assigns a technical rating of 5 / 10 to ILMN.
Can you provide the trend direction for ILLUMINA INC?
The current trend direction for ILLUMINA INC (ILMN) is Bearish.
Can you provide the RSI signal for ILLUMINA INC?
ILLUMINA INC (ILMN) has an RSI value of 48.6539. This indicates that the stock is currently neutral.
Can you provide the MACD signal for ILLUMINA INC?
The MACD indicator for ILLUMINA INC (ILMN) has a value of 0.200987, indicating a bearish trend.
Can you provide the support and resistance levels for ILLUMINA INC?
ILLUMINA INC (ILMN) has a support level at 118.69 and a resistance level at 134.47. Check the full technical report for our detailed analysis of ILMN support and resistance levels.