NEUROCRINE BIOSCIENCES INC (NBIX)
US64125C1099 - Common Stock
Overall NBIX gets a technical rating of 6 out of 10. In the last year, NBIX was one of the better performers, but we do observe some doubts in the very recent evolution.
The long term trend is positive and the short term trend is neutral. The long term trend gets the benefit of the doubt for now.
NBIX is part of the Biotechnology industry. There are 588 other stocks in this industry. NBIX outperforms 76% of them.
NBIX is currently trading in the upper part of its 52 week range. The S&P500 Index is also trading in the upper part of its 52 week range, so NBIX is performing more or less in line with the market.
When comparing the yearly performance of all stocks, we notice that NBIX is one of the better performing stocks in the market, outperforming 81% of all stocks. However, this overall performance is mostly based on the strong move around 4 months ago.
In the last month NBIX has a been trading in the 130.13 - 145.00 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
NBIX has only a medium technical rating, but it does show a decent setup pattern. Prices have been consolidating lately. There is a resistance zone just above the current price starting at 142.15. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 136.56, a Stop Loss order could be placed below this zone.
More info and screens
115.43
145.19
We found 4 important support areas.
- A support zone ranging from 133.61 to 135.06. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 130.39 to 131.29. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @123.62 from a trend line in the weekly time frame.
- Support @116.60 from a trend line in the daily time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 142.15 to 143.75. This zone is formed by a combination of multiple trend lines in multiple time frames.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS81.36
Mansfield0.88
10 Day High145
10 Day Low130.13
20 Day High145
20 Day Low130.13
52 Week High148.37
52 Week Low89.04
Performance
1 Week3.94%
2 Weeks1.35%
1 Month-0.05%
3 Month-3.09%
6 Month29.88%
12 Month36.34%
2 Year53.02%
3 Year45.79%
5 Year90.7%
10 Year882.6%
15 Year4074.55%
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)
Technical Indicators
MACD(12,26,9)0.3
RSI(14)52.71
LBB129.8
UBB141.63
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 |
|---|---|---|---|
| 143.76 | 133.60 | 10.16 (7.07%) | 14.15% |
| An entry @143.76. This is a Buy Stop order right above the resistance zone. | An exit @133.60. This is a Stop Loss order right below the support zone. | The worst case loss on the trade is limited to 10.16 points, which is 7.07%. | For a 1.00% total portfolio risk, you can invest 14.15% of your capital in this trade. |
- 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.
NEUROCRINE BIOSCIENCES INC
NASDAQ:NBIX (4/26/2024, 3:02:05 PM)
After market: 135.99 0 (0%)135.99
-1.77 (-1.28%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryBiotechnology
Performance
% Chg-1.28%
1 Week3.94%
2 Weeks1.35%
1 Month-0.05%
3 Month-3.09%
6 Month29.88%
12 Month36.34%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)4.15
ATR(20)%2.95%
ATR Inc
Range Today3.46
ADR(20)
ADR(20)%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS
Mansfield
10 Day High145
10 Day Low130.13
20 Day High145
20 Day Low130.13
52 Week High148.37
52 Week Low89.04
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume709.15K
Volume Incr2.41%
Vol(5)880.54K
Vol(50)872.35K