NEUROCRINE BIOSCIENCES INC (NBIX)
US64125C1099 - Common Stock
We assign a technical rating of 10 out of 10 to NBIX. Both in the recent history as in the last year, NBIX has proven to be a steady performer, scoring decent points in every aspect analyzed.
The long and short term trends are both positive. This is looking good!
When comparing the yearly performance of all stocks, we notice that NBIX is one of the better performing stocks in the market, outperforming 87% of all stocks.
NBIX is part of the Biotechnology industry. There are 577 other stocks in this industry. NBIX outperforms 76% of them.
NBIX is currently trading near its 52 week high, which is a good sign. The S&P500 Index is trading in the upper part of its 52 week range, but not near new highs, so NBIX is leading the market.
NBIX 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.
NBIX has an excellent technical rating and also presents a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. There is a resistance zone just above the current price starting at 147.43. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 145.89, a Stop Loss order could be placed below this zone. Very recently a Pocket Pivot signal was observed. This is another positive sign.
- A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
More info and screens
129.27
149.60
We found 4 important support areas.
- A support zone ranging from 142.96 to 145.89. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A support zone ranging from 138.76 to 140.41. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @134.89 from a trend line in the daily time frame.
- A support zone ranging from 130.58 to 132.40. This zone is formed by a combination of multiple trend lines in multiple time frames.
We found 1 important resistance area.
- A resistance zone ranging from 147.43 to 148.12. 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
CRS87.27
Mansfield0.33
10 Day High150.39
10 Day Low143.09
20 Day High150.39
20 Day Low134.96
52 Week High150.39
52 Week Low99.98
Performance
1 Week0.76%
2 Weeks-0.42%
1 Month9.3%
3 Month7.95%
6 Month3.27%
12 Month42.87%
2 Year55.95%
3 Year57.49%
5 Year52.3%
10 Year981%
15 Year4487.5%
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)-0.02
RSI(14)63.09
LBB143.44
UBB148.45
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 |
|---|---|---|---|
| 148.13 | 143.08 | 5.05 (3.41%) | 25.00% |
| An entry @148.13. This is a Buy Stop order right above the resistance zone. | An exit @143.08. This is a Stop Loss order right below the 10 day low. | The trade has a worst case loss of 5.05 points, which is 3.41%. | For a 0.85% total portfolio risk, you can invest 25.00% of your capital in this trade. |
- The distance between exit and entry is rather small compared to the average daily movement of NBIX. 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.
NEUROCRINE BIOSCIENCES INC
NASDAQ:NBIX (7/26/2024, 7:00:01 PM)
After market: 146.8 0 (0%)146.8
+0.7 (+0.48%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryBiotechnology
Performance
% Chg0.48%
1 Week0.76%
2 Weeks-0.42%
1 Month9.3%
3 Month7.95%
6 Month3.27%
12 Month42.87%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)3.52
ATR(20)%2.4%
ATR Inc
Range Today3.67
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 High150.39
10 Day Low143.09
20 Day High150.39
20 Day Low134.96
52 Week High150.39
52 Week Low99.98
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume744.70K
Volume Incr-24.56%
Vol(5)595.37K
Vol(50)758.17K