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Stock Trend Analysis Report
Prepared for you on Wednesday, April 24, 2024.
Biogen Inc. (NASDAQ:BIIB)
Countertrend Down (-85) - BIIB is showing short-term strength. However, look for the longer-term bearish trend to resume. As always, continue to monitor the trend score and set stops.
Is it time to buy, sell, or avoid BIIB?
MarketClub looks at technical strength and momentum to determine if the timing is right for BIIB.
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MarketClub’s Trade Triangles for BIIB
The long-term trend has been DOWN since Jul 25th, 2023 at 273.390
The intermediate-term trend has been DOWN since Mar 26th, 2024 at 215.355
The short-term trend has been UP since Apr 22nd, 2024 at 196.360
Smart Scan Analysis for BIIB
Based on our trend formula, BIIB is rated as a -85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 198.9700 | 205.7499 | 198.9700 | 200.4050 | +7.2250 |
| Prev. Close | Volume | Bid | Ask | Time |
| 193.1800 | 2031863 | 2024-04-24 14:12:11 |
| Year High | 388.67 | Year High Date | 2018-07-25 |
| Year Low | 249.17 | Year Low Date | 2018-04-24 |
| 52wk High | 319.76 | 52wk High Date | 2023-06-12 |
| 52wk Low | 189.44 | 52wk Low Date | 2024-04-19 |
| Year End Close | 146.37 | Average Volume | 1,172,717 |
| Shares Outstanding | 145,361 | Short Interest | 2,936,368 |
| % Institutional | 93.4 | Market Cap | 43,522M |
| Assets | 268,448,000M | Liabilities | 120,454,000M |
| P/E Ratio | 24.2384 | Beta | 1.18 |
| Volatility | 30.24 |