REPORTING FOR 2020-01-06 | WCX19.ORG: We have done an in-depth analysis of how BIIB has been trading over the last 2 weeks and the past day especially. On its latest session, Biogen Inc. (NASDAQ:BIIB) opened at 290.77, reaching a high of 292.68 and a low of 290.22 before closing at a price of 290.85. There was a total volume of 700601.
VOLUME INDICATORS FOR BIOGEN INC. (NASDAQ:BIIB): We saw an accumulation-distribution index of 200247.31524, an on-balance volume of 294.24, chaikin money flow of 1.57592 and a force index of 15.4056. There was an ease of movement rating of -0.0005, a volume-price trend of 35.03811 and a negative volume index of 1000.0.
VOLATILITY INDICATORS FOR BIOGEN INC. (NASDAQ:BIIB): We noted an average true range of 4.57899, bolinger bands of 294.16328, an upper bollinger band of 288.33672, lower bollinger band of 290.22, a bollinger high band indicator of 1.0, bollinger low band indicator of 1.0, a central keltner channel of 291.22333, high band keltner channel of 289.31333, low band keltner channel of 293.13333, a high band keltner channel indicator of 1.0 and a low band keltner channel indicator of 1.0. There was a donchian channel high band of 290.22, a donchian channel low band of 290.22, a donchian channel high band indicator of 1.0, and a donchian channel low band indicator of 1.0.
TREND INDICATORS FOR BIOGEN INC. (NASDAQ:BIIB): We calculated a Moving Average Convergence Divergence (MACD) of 0.04622, a MACD signal of 0.02568, a MACD difference of 0.02054, a fast Exponential Moving Average (EMA) indicator of 290.22, a slow Exponential Moving Average (EMA) indicator of 290.22, an Average Directional Movement Index (ADX) of unknown, an ADX positive of 20.0, an ADX negative of 20.0, a positive Vortex Indicator (VI) of 1.0, a negative VI of 1.0, a trend vortex difference of 0.14086, a trix of 6.4, a Mass Index (MI) of 1.0, a Commodity Channel Index (CCI) of 66.66667, a Detrended Price Oscillator (DPO) of -31.27977, a KST Oscillator (KST) of 120.79918 and a KST Oscillator (KST Signal) of 120.79918 (leaving a KST difference of 1.98888). We also found an Ichimoku rating of 291.725, an Ichimoku B rating of 291.725, a Ichimoku visual trend A of 269.94784, an Ichimoku visual trend B of 281.58325, an Aroon Indicator (AI) up of 4.0 and an AI indicator down of 4.0. That left a difference of 4.0.
MOMENTUM INDICATORS FOR BIOGEN INC. (NASDAQ:BIIB): We found a Relative Strength Index (RSI) of 50.0, a Money Flow Index (MFI) of 100.0, a True Strength Index (TSI) of 100.0, an ultimate oscillator of 98.27206, a stochastic oscillator of 128.79581, a stochastic oscillator signal of 128.79581, a Williams %R rating of 28.79581 and an awesome oscillator of 1.54633.
RETURNS FOR BIOGEN INC. (NASDAQ:BIIB): There was a daily return of 12.07992, a daily log return of 0.7073 and a cumulative return of 0.70981.
What the heck does all of this mean? If you are new to technical analysis, the above may be gibberish to you, and that’s OK (though we do advise learning these things). The bottom line is that AS OF 2020-01-06 (if you are reading this later, the analysis will be out of date), here is what our deep analysis of technical indicators are telling us for Biogen Inc. (NASDAQ:BIIB)…
DISCLAIMER: We are not registered investment advisers and the above analysis should be taken at face value only. We strongly advise against buying or selling Biogen Inc. (NASDAQ:BIIB) based solely on our analysis above, and are not responsible for any losses that you may incur if you choose make any investment decisions based on the above.