Stock Trend Analysis Report
Prepared for you on Tuesday, December 11, 2018.
Biogen, Inc (NASDAQ:BIIB)
Smart Scan Chart Analysis shows that positive longer term is weakening. The market action could signal the start of a major trend change Weak Uptrend Very tight money management stops.
The Trade Triangles are generated using a proprietary algorithm that is comprised of weighted factors that include, but are not limited to - price change, percentage change, moving averages, and new highs/lows. The MarketClub trading strategy is based on the triangles, learn more here.
MarketClub’s Trade Triangles for BIIB
The long term trend has been UP since Jun 4th, 2018 at 301.219
The intermediate term trend has been UP since Nov 28th, 2018 at 331.820
The short term trend has been DOWN since Dec 4th, 2018 at 324.600
Smart Scan Analysis for BIIB
Based on a pre-defined weighted trend formula for chart analysis, BIIB scored +65 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|Year High||388.67||Year High Date||2018-07-25|
|Year Low||249.17||Year Low Date||2018-04-24|
|52wk High||388.67||52wk High Date||2018-07-25|
|52wk Low||249.17||52wk Low Date||2018-04-24|
|Year End Close||146.37||Average Volume||1,071,011|
|Shares Outstanding||236,597||Short Interest||2,936,368|