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(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 2024-10-23 View latest technical analysis

10 day averaged volume of Biogen Inc is 1134230

Date	Daily Closing Price	Open	High	Low	Volume
23 Wed Oct 2024	182.98	184.88	185.82	182.11	0.862 times
22 Tue Oct 2024	185.90	183.81	186.54	182.80	0.733 times
21 Mon Oct 2024	184.65	190.16	190.40	184.02	1.104 times
18 Fri Oct 2024	190.16	188.22	191.19	187.94	0.818 times
17 Thu Oct 2024	189.55	188.55	190.19	187.70	0.643 times
16 Wed Oct 2024	189.00	191.68	192.16	188.90	0.869 times
15 Tue Oct 2024	191.55	191.87	194.13	190.67	1.26 times
14 Mon Oct 2024	191.56	188.59	191.96	186.61	1.123 times
11 Fri Oct 2024	188.38	189.00	189.43	186.91	1.26 times
10 Thu Oct 2024	188.59	184.56	188.88	184.30	1.167 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 184.6, but if it comes above 184.6, then a intra day buy could be more profitable.
If you take a sell trade below 184.6, then use 184.6 as stoploss and 180.3 as target. However if you take a buy trade in stock , then use 184.6 as stoploss and 188.29 as target.

Share price targets for Biogen Inc (BIIB)

Target Type	Value
Downside Target	181.31
Upside Target	195.00
Upside Target	196.90
Upside Target	199.99
Upside Target	206.70
Upside Target	209.75
Upside Target	219.44
Upside Target	220.02
Upside Target	237.54
Upside Target	238.00

Intraday share price targets for Biogen Inc (BIIB)

Target Type	Value
Downside Intraday Target	179.93
Downside Intraday Target	176.87
Upside Intraday Target	188.22
Upside Intraday Target	193.45
Upside Intraday Target	185.16

Weekly technical analysis of Biogen Inc (BIIB)

Date	Weekly Closing Price	Open	High	Low	Volume
23 Wed Oct 2024	182.98	190.16	190.40	182.11	0.573 times
18 Fri Oct 2024	190.16	188.59	194.13	186.61	0.876 times
11 Fri Oct 2024	188.38	184.76	189.43	181.31	0.775 times
04 Fri Oct 2024	185.68	193.36	195.00	183.56	1.41 times
27 Fri Sep 2024	194.67	199.20	199.99	188.78	0.736 times

Price has moved down 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
23 Wed Oct 2024	182.98	194.61	195.00	181.31	0.975 times
30 Mon Sep 2024	193.84	204.22	206.70	188.78	1.071 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

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 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 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 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.

Biogen Inc Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears 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 and SELL signal is strong!

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

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 188.38 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.