(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 2024-04-23 View latest technical analysis
10 day averaged volume of Biogen Inc is 1171810
| Date | Daily Closing Price | Open | High | Low | Volume |
| 23 Tue Apr 2024 | 193.18 | 193.34 | 195.86 | 192.75 | 1.247 times |
| 22 Mon Apr 2024 | 194.11 | 196.19 | 196.78 | 193.23 | 0.955 times |
| 19 Fri Apr 2024 | 194.38 | 190.72 | 194.53 | 189.44 | 1.365 times |
| 18 Thu Apr 2024 | 190.52 | 191.75 | 192.56 | 189.52 | 1.29 times |
| 17 Wed Apr 2024 | 192.16 | 196.36 | 196.36 | 192.01 | 1.127 times |
| 16 Tue Apr 2024 | 195.15 | 196.20 | 197.73 | 194.94 | 0.744 times |
| 15 Mon Apr 2024 | 196.80 | 198.73 | 199.53 | 196.40 | 0.989 times |
| 12 Fri Apr 2024 | 198.18 | 204.23 | 205.24 | 197.78 | 1.063 times |
| 11 Thu Apr 2024 | 203.68 | 202.76 | 204.74 | 200.92 | 0.87 times |
| 10 Wed Apr 2024 | 201.55 | 203.00 | 203.99 | 200.65 | 0.769 times |
My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 194.7, but if it comes above 194.7, then a intra day buy could be more profitable.
If you take a sell trade below 194.7, then use 194.7 as stoploss and 185.2 as target. However if you take a buy trade in stock , then use 194.7 as stoploss and 202.66 as target.
Share price targets for Biogen Inc (BIIB)
| Target Type | Value |
| Downside Target | 189.44 |
| Upside Target | 196.78 |
| Upside Target | 209.06 |
| Upside Target | 215.68 |
| Upside Target | 215.69 |
| Upside Target | 218.26 |
| Upside Target | 229.16 |
| Upside Target | 230.22 |
| Upside Target | 240.83 |
| Upside Target | 249.33 |
| Upside Target | 263.98 |
| Upside Target | 268.30 |
Intraday share price targets for Biogen Inc (BIIB)
| Target Type | Value |
| Downside Intraday Target | 191.69 |
| Downside Intraday Target | 190.21 |
| Upside Intraday Target | 195.72 |
| Upside Intraday Target | 198.27 |
| Upside Intraday Target | 194.24 |
Weekly technical analysis of Biogen Inc (BIIB)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 23 Tue Apr 2024 | 193.18 | 196.19 | 196.78 | 192.75 | 0.399 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 |
| 28 Thu Mar 2024 | 215.63 | 217.77 | 218.26 | 211.02 | 0.93 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 Tue Apr 2024 | 193.18 | 215.69 | 215.69 | 189.44 | 0.712 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 |
| 31 Wed Jan 2024 | 246.66 | 257.56 | 268.30 | 240.83 | 0.854 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 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 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 is trading near its recent LOWS in short term which reflects strong selling momentum. 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 BUY signal in short term and the buying is gaining momentum.
MRSI is in positive zone. This is a BUY zone
Although the stock is in the BUY zone, but buying 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 195.47 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 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 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 is trading near its recent LOWS in short term which reflects strong selling momentum. 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 BUY signal in short term and the buying is gaining momentum.
MRSI is in positive zone. This is a BUY zone
Although the stock is in the BUY zone, but buying 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 195.47 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.