ILU Technical Analysis - ILLUMINA INC

Technical Rating and Analysis

Taking everything into account, ILU scores 3 out of 10 in our technical rating. In the last year, ILU was among the worst performers in the market. Also the short term picture is negative, the medium term is unclear at the moment.

When comparing the yearly performance of all stocks, ILU is a bad performer in the overall market: 94% of all stocks are doing better.

ILU is one of the lesser performing stocks in the Life Sciences Tools & Services industry. 60% of 21 stocks in the same industry do better.

ILU 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.

Warning: ILU has an average volume of 191 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.

In the last month ILU has a been trading in the 77.67 - 88.40 range, which is quite wide. It is currently trading near the high of this range.

Both the short term and long term trends are neutral. So this is not the most entertaining stock around.

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Technical Analysis

Relative Strength

ChartMill Trend Indicator

Simple Moving Average

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Weekly and Daily overview Charts

Setup Rating and Analysis

ILU has a poor technical rating and the quality of the setup is also only medium 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.

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ChartMill Technical Ratings

Pocket Pivots

Bull Flags

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Support and Resistance Analysis

76.97

93.53

When analyzing the support we can see 2 important areas.

A support zone ranging from 81.52 to 84.94. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
A support zone ranging from 77.75 to 78.76. This zone is formed by a combination of multiple trend lines in multiple time frames.

When analyzing the resistance we notice 2 important areas.

Resistance @87.69 from a horizontal line in the daily time frame.
A resistance zone ranging from 91.69 to 92.60. This zone is formed by a combination of multiple trend lines in multiple time frames.

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What is Support and Resistance

Support and Resistance indicators

Support and Resistance Screener and Trading Strategies

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 ILU.DE is neutral.
ChartMill Short Term Trend Indicator	NEUTRAL	NEUTRAL	The short term trend for ILU.DE is neutral.
ChartMill Relative Strength	6.44	NEGATIVE	ILU.DE has a low relative strength, it was outperformed by 93.56% off all stocks on the market.
Simple Moving Average/SMA (20)	DOWN	MIXED	The current price of ILU.DE is above a declining SMA(20).
Simple Moving Average/SMA (50)	UP	POSITIVE	The current price of ILU.DE is above the rising SMA(50).
Simple Moving Average/SMA (200)	DOWN	NEGATIVE	The current price of ILU.DE is below a declining SMA(200).
Relative Strength Index/RSI (14)	55	NEUTRAL	The RSI value for ILU.DE is a neutral value.
Moving Average Convergence Divergence/MACD (12, 26, 9)	0.2	POSITIVE	The MACD value suggests ILU.DE has a positive trend.
Stochastics (14,3)	54.05	NEUTRAL	The Stochastics value for ILU.DE is a neutral value.
Average True Range in percent/ATR (20)	3.08	MEDIUM VOLATILITY	The ATR as a percentage value for ILU.DE suggests some volalility.
Average Directional Index/ADX (14)	16.79	NEGATIVE	The low ADX value for ILU.DE suggests a weak or negative trend.