(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 2024-09-20 View latest technical analysis
10 day averaged volume of Biogen Inc is 874108
| Date | Daily Closing Price | Open | High | Low | Volume |
| 20 Fri Sep 2024 | 199.36 | 200.01 | 200.37 | 196.97 | 4.386 times |
| 19 Thu Sep 2024 | 201.44 | 200.57 | 204.18 | 200.11 | 1.287 times |
| 18 Wed Sep 2024 | 197.59 | 198.13 | 199.78 | 196.81 | 0.767 times |
| 17 Tue Sep 2024 | 198.21 | 199.83 | 202.79 | 197.09 | 1.057 times |
| 16 Mon Sep 2024 | 199.58 | 197.26 | 199.74 | 194.75 | 1.183 times |
| 13 Fri Sep 2024 | 195.63 | 197.66 | 197.70 | 192.25 | 1.248 times |
| 12 Thu Sep 2024 | 197.89 | 199.05 | 199.26 | 194.90 | 0.975 times |
| 11 Wed Sep 2024 | 199.09 | 198.95 | 199.28 | 196.02 | 0.91 times |
| 10 Tue Sep 2024 | 200.64 | 199.49 | 201.19 | 197.82 | 0.638 times |
| 09 Mon Sep 2024 | 199.27 | 200.44 | 201.06 | 198.11 | 0.98 times |
Stock of Biogen Inc (BIIB) has showed a significant fall. This could be a good time to exit from this stock.
My analysis of stock is bearish for shortterm, but stock is semi over sold and there are some chances of seeing a recovery tomorrow. Use 198.5 as stoploss in an intra day buy trade for a target of 201.39. However, stock will show a bearish move below 198.5.
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 | 194.68 |
| Downside Intraday Target | 190 |
| Upside Intraday Target | 204.11 |
| Upside Intraday Target | 208.86 |
| Upside Intraday Target | 199.43 |
Weekly technical analysis of Biogen Inc (BIIB)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 20 Fri Sep 2024 | 199.36 | 197.26 | 204.18 | 194.75 | 1.828 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, and volume has increased substantially. This means that the move can continue in coming weeks.
Monthly technical analysis of Biogen Inc (BIIB)
| Date | Monthly Closing Price | Open | High | Low | Volume |
| 20 Fri Sep 2024 | 199.36 | 204.22 | 206.70 | 192.25 | 0.75 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 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 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 losing 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 in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. Bulls are getting stronger in this stock.
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 and selling is picking up momentum.
MRSI is in negative zone. This is the SELL 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 198.97 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 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 losing 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 in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. Bulls are getting stronger in this stock.
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 and selling is picking up momentum.
MRSI is in negative zone. This is the SELL 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 198.97 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.