(BIIB) Biogen Inc complete technical analysis [charts+indicators] | Buy/Sell Biogen Inc | (BIIB) share price targets
Complete technical analysis of Biogen Inc (BIIB) by charts plus indicators, forecast predictions and share price targets for Biogen Inc (BIIB)
Biogen Inc trades in USA in Health Care sector.
10 day averaged volume of Biogen Inc is 1705700
| Date | Daily Closing Price | Open | High | Low | Volume |
| 01 Wed May 2024 | 216.13 | 215.56 | 218.66 | 214.70 | 0.537 times |
| 30 Tue Apr 2024 | 214.82 | 214.66 | 217.73 | 213.58 | 0.719 times |
| 29 Mon Apr 2024 | 215.50 | 208.99 | 218.86 | 208.54 | 1.212 times |
| 26 Fri Apr 2024 | 208.90 | 201.22 | 210.83 | 199.10 | 1.11 times |
| 25 Thu Apr 2024 | 202.46 | 201.21 | 205.36 | 198.11 | 0.932 times |
| 24 Wed Apr 2024 | 201.99 | 198.97 | 205.75 | 198.97 | 1.915 times |
| 23 Tue Apr 2024 | 193.18 | 193.34 | 195.86 | 192.75 | 0.857 times |
| 22 Mon Apr 2024 | 194.11 | 196.19 | 196.78 | 193.23 | 0.656 times |
| 19 Fri Apr 2024 | 194.38 | 190.72 | 194.53 | 189.44 | 0.938 times |
| 18 Thu Apr 2024 | 190.52 | 191.75 | 192.56 | 189.52 | 0.886 times |
Although my analysis for stock is bullish for shortterm, but stock is over bought and there are high chances of some profit booking tomorrow. You might want to sell the stock tomorrow in intra day with a stoploss of 218.7, for a target of 209.6 or 202.01
Share price targets for Biogen Inc (BIIB)
| Target Type | Value |
| Downside Target | 189.44 |
| Downside Target | 197.78 |
| Downside Target | 208.54 |
| Downside Target | 215.69 |
| Upside Target | 218.66 |
| Upside Target | 218.86 |
| Upside Target | 230.22 |
| Upside Target | 240.83 |
| Upside Target | 249.33 |
| Upside Target | 268.30 |
Intraday share price targets for Biogen Inc (BIIB)
| Target Type | Value |
| Downside Intraday Target | 210.16 |
| Downside Intraday Target | 204.19 |
| Upside Intraday Target | 220.48 |
| Upside Intraday Target | 224.83 |
| Downside Intraday Target | 214.51 |
Weekly technical analysis of Biogen Inc (BIIB)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 01 Wed May 2024 | 216.13 | 208.99 | 218.86 | 208.54 | 0.451 times |
| 26 Fri Apr 2024 | 208.90 | 196.19 | 210.83 | 192.75 | 1.444 times |
| 19 Fri Apr 2024 | 194.38 | 198.73 | 199.53 | 189.44 | 1.33 times |
| 12 Fri Apr 2024 | 198.18 | 203.89 | 209.06 | 197.78 | 0.982 times |
| 05 Fri Apr 2024 | 203.87 | 215.69 | 215.69 | 202.18 | 0.903 times |
Price has moved up this week, but volume has not increased substantially. This means that the move can be temporary and might not continue in coming weeks.
Monthly technical analysis of Biogen Inc (BIIB)
| Date | Monthly Closing Price | Open | High | Low | Volume |
| 01 Wed May 2024 | 216.13 | 215.56 | 218.66 | 214.70 | 0.032 times |
| 30 Tue Apr 2024 | 214.82 | 215.69 | 218.86 | 189.44 | 1.092 times |
| 28 Thu Mar 2024 | 215.63 | 217.46 | 230.22 | 211.02 | 1.044 times |
| 29 Thu Feb 2024 | 216.99 | 245.40 | 249.33 | 215.68 | 1.207 times |
Scroll below to view daily charts
Price has moved up this month, but volume has not increased substantially. This means that the move can be temporary and might not continue in coming months.
Indicators analysis of Biogen Inc (BIIB)
Price action analysis of Biogen Inc ( (BIIB) ) based on a short term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.
Price action analysis of Biogen Inc ( (BIIB) ) based on a short term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.
Price action analysis of Biogen Inc ( (BIIB) ) based on a short to mid term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.
Price action analysis of Biogen Inc ( (BIIB) ) based on a mid to longer term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.
ADX buy sell signal for Biogen Inc stock for short term is BUY. Signal strength is Strong and stock is gaining momentum.
MACD generated a BUY signal for Biogen Inc in short term but the buy signal is initial and weak.
MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.
Biogen Inc Stock is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting tired and bears are picking up momentum.
Ichimoku cloud is of red color and prices are in or above the red cloud Prices appear to be moving up
CCI has generated a buy signal for Biogen Inc in short term and BUY signal is strong.
RSI is generating a BUY signal in short term but buying is losing momentum.
MRSI is in negative zone. This is the SELL zone
Although the stock is in the SELL zone, but selling might be slowing down
Stock of Biogen Inc is picking up selling momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 203.15 and Biogen Inc (BIIB) stock is trading above this level. This is a good sign for the stock and it could move higher. VWAP is rising upwards.
People seem to be coming out and selling the Biogen Inc (BIIB) stock. Volume based technical analysis of Biogen Inc (BIIB) stock is negative.
Biogen Inc Stock is giving positive returns over a short term period. Returns for a longer term period have been negative.
Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.
Price action analysis of Biogen Inc ( (BIIB) ) based on a short term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.
Price action analysis of Biogen Inc ( (BIIB) ) based on a short term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.
Price action analysis of Biogen Inc ( (BIIB) ) based on a short to mid term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.
Price action analysis of Biogen Inc ( (BIIB) ) based on a mid to longer term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.
ADX buy sell signal for Biogen Inc stock for short term is BUY. Signal strength is Strong and stock is gaining momentum.
MACD generated a BUY signal for Biogen Inc in short term but the buy signal is initial and weak.
MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.
Biogen Inc Stock is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting tired and bears are picking up momentum.
Ichimoku cloud is of red color and prices are in or above the red cloud Prices appear to be moving up
CCI has generated a buy signal for Biogen Inc in short term and BUY signal is strong.
RSI is generating a BUY signal in short term but buying is losing momentum.
MRSI is in negative zone. This is the SELL zone
Although the stock is in the SELL zone, but selling might be slowing down
Stock of Biogen Inc is picking up selling momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 203.15 and Biogen Inc (BIIB) stock is trading above this level. This is a good sign for the stock and it could move higher. VWAP is rising upwards.
People seem to be coming out and selling the Biogen Inc (BIIB) stock. Volume based technical analysis of Biogen Inc (BIIB) stock is negative.
Biogen Inc Stock is giving positive returns over a short term period. Returns for a longer term period have been negative.
Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.