(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.
Showing technical analysis as on 2024-08-22 View latest technical analysis
10 day averaged volume of Biogen Inc is 733384
| Date | Daily Closing Price | Open | High | Low | Volume |
| 22 Thu Aug 2024 | 203.32 | 206.76 | 206.76 | 201.42 | 1.079 times |
| 21 Wed Aug 2024 | 206.18 | 206.25 | 207.59 | 204.68 | 0.82 times |
| 20 Tue Aug 2024 | 205.49 | 205.39 | 206.98 | 205.20 | 0.853 times |
| 19 Mon Aug 2024 | 206.06 | 202.47 | 206.29 | 202.47 | 1.082 times |
| 16 Fri Aug 2024 | 201.91 | 201.99 | 203.19 | 200.55 | 0.962 times |
| 15 Thu Aug 2024 | 201.63 | 202.82 | 203.55 | 200.52 | 0.941 times |
| 14 Wed Aug 2024 | 200.59 | 203.74 | 204.05 | 200.37 | 0.678 times |
| 13 Tue Aug 2024 | 204.05 | 201.10 | 204.98 | 201.10 | 1.143 times |
| 12 Mon Aug 2024 | 201.04 | 202.00 | 202.98 | 199.41 | 1.12 times |
| 09 Fri Aug 2024 | 202.00 | 203.12 | 204.36 | 199.86 | 0.781 times |
My analysis of stock is bearish for shortterm, and stock might move down till 200.4 or till 194.7. Use a stoploss of 205.08 and if the stock hits stoploss, then it can shoot up till 209.78
Share price targets for Biogen Inc (BIIB)
| Target Type | Value |
| Downside Target | 189.44 |
| Downside Target | 196.90 |
| Upside Target | 210.33 |
| Upside Target | 218.86 |
| Upside Target | 219.44 |
| Upside Target | 220.02 |
| Upside Target | 236.48 |
| Upside Target | 236.90 |
| Upside Target | 237.54 |
| Upside Target | 238.00 |
Intraday share price targets for Biogen Inc (BIIB)
| Target Type | Value |
| Downside Intraday Target | 200.63 |
| Downside Intraday Target | 197.94 |
| Upside Intraday Target | 206.8 |
| Upside Intraday Target | 210.28 |
| Upside Intraday Target | 204.11 |
Weekly technical analysis of Biogen Inc (BIIB)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 22 Thu Aug 2024 | 203.32 | 202.47 | 207.59 | 201.42 | 0.792 times |
| 16 Fri Aug 2024 | 201.91 | 202.00 | 204.98 | 199.41 | 0.661 times |
| 09 Fri Aug 2024 | 202.00 | 204.12 | 204.82 | 196.90 | 0.647 times |
| 02 Fri Aug 2024 | 205.66 | 210.94 | 219.44 | 203.02 | 1.439 times |
| 26 Fri Jul 2024 | 211.17 | 227.73 | 236.48 | 210.00 | 1.145 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 |
| 22 Thu Aug 2024 | 203.32 | 215.80 | 219.44 | 196.90 | 0.684 times |
| 31 Wed Jul 2024 | 213.20 | 231.41 | 238.00 | 209.75 | 1.033 times |
| 28 Fri Jun 2024 | 231.82 | 225.30 | 237.54 | 220.02 | 1.001 times |
| 31 Fri May 2024 | 224.94 | 215.56 | 236.90 | 210.33 | 0.753 times |
Scroll below to view daily charts
Price has moved down 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 negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this 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 positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.
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 SELL. Signal strength is Weak 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 below the red cloud Prices appear to be coming down
CCI has generated a SELL signal for Biogen Inc in short term but SELL signal is weak.
RSI is generating a SELL signal in short term but selling is losing momentum.
MRSI is in positive zone. This is a BUY zone
Stock of Biogen Inc is picking up buying momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 203.28 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 falling down
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 has given negative 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 negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this 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 positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.
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 SELL. Signal strength is Weak 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 below the red cloud Prices appear to be coming down
CCI has generated a SELL signal for Biogen Inc in short term but SELL signal is weak.
RSI is generating a SELL signal in short term but selling is losing momentum.
MRSI is in positive zone. This is a BUY zone
Stock of Biogen Inc is picking up buying momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 203.28 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 falling down
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 has given negative 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.