(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 2024-09-18 View latest technical analysis
10 day averaged volume of Biogen Inc is 883950
| Date | Daily Closing Price | Open | High | Low | Volume |
| 18 Wed Sep 2024 | 197.59 | 198.13 | 199.78 | 196.81 | 0.759 times |
| 17 Tue Sep 2024 | 198.21 | 199.83 | 202.79 | 197.09 | 1.045 times |
| 16 Mon Sep 2024 | 199.58 | 197.26 | 199.74 | 194.75 | 1.17 times |
| 13 Fri Sep 2024 | 195.63 | 197.66 | 197.70 | 192.25 | 1.234 times |
| 12 Thu Sep 2024 | 197.89 | 199.05 | 199.26 | 194.90 | 0.964 times |
| 11 Wed Sep 2024 | 199.09 | 198.95 | 199.28 | 196.02 | 0.9 times |
| 10 Tue Sep 2024 | 200.64 | 199.49 | 201.19 | 197.82 | 0.631 times |
| 09 Mon Sep 2024 | 199.27 | 200.44 | 201.06 | 198.11 | 0.969 times |
| 06 Fri Sep 2024 | 200.81 | 202.53 | 203.24 | 198.55 | 0.944 times |
| 05 Thu Sep 2024 | 201.80 | 205.19 | 205.19 | 198.19 | 1.264 times |
My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 198.8, but if it comes above 198.8, then a intra day buy could be more profitable.
If you take a sell trade below 198.8, then use 198.8 as stoploss and 195.2 as target. However if you take a buy trade in stock , then use 198.8 as stoploss and 201.77 as target.
Share price targets for Biogen Inc (BIIB)
| Target Type | Value |
| Downside Target | 192.25 |
| Upside Target | 206.70 |
| Upside Target | 209.75 |
| Upside Target | 210.33 |
| Upside Target | 219.44 |
| Upside Target | 220.02 |
| 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 | 193.96 |
| Downside Intraday Target | 190.34 |
| Upside Intraday Target | 202 |
| Upside Intraday Target | 206.42 |
| Upside Intraday Target | 198.38 |
Weekly technical analysis of Biogen Inc (BIIB)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 18 Wed Sep 2024 | 197.59 | 197.26 | 202.79 | 194.75 | 0.633 times |
| 13 Fri Sep 2024 | 195.63 | 200.44 | 201.19 | 192.25 | 1.146 times |
| 06 Fri Sep 2024 | 200.81 | 204.22 | 206.70 | 198.19 | 4.12 times |
| 30 Fri Aug 2024 | 204.76 | 205.82 | 205.88 | 202.85 | 0.286 times |
| 30 Fri Aug 2024 | 204.76 | 206.23 | 206.38 | 201.88 | 0.779 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 |
| 18 Wed Sep 2024 | 197.59 | 204.22 | 206.70 | 192.25 | 0.508 times |
| 30 Fri Aug 2024 | 204.76 | 215.80 | 219.44 | 196.90 | 0.91 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 |
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 positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.
Price action analysis of Biogen Inc ( (BIIB) ) based on a short term time period is positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.
Price action analysis of Biogen Inc ( (BIIB) ) based on a short to mid 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.
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 SELL signal for Biogen Inc in short term and the sell signal is strong.
MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.
Biogen Inc Stock in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. Bears are weakening, and bulls 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 and SELL signal is strong!
RSI is generating a SELL signal in short term but selling 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 199.02 and Biogen Inc (BIIB) stock is trading below this level. This means that stock is falling with high volumes. 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 positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.
Price action analysis of Biogen Inc ( (BIIB) ) based on a short term time period is positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.
Price action analysis of Biogen Inc ( (BIIB) ) based on a short to mid 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.
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 SELL signal for Biogen Inc in short term and the sell signal is strong.
MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.
Biogen Inc Stock in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. Bears are weakening, and bulls 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 and SELL signal is strong!
RSI is generating a SELL signal in short term but selling 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 199.02 and Biogen Inc (BIIB) stock is trading below this level. This means that stock is falling with high volumes. 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.