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Stock Trend Analysis Report

Prepared for you on Friday, November 22, 2024.

Biogen Inc. (NASDAQ:BIIB)

Strong Downtrend (-100) - BIIB is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, BIIB continues to fall. Traders should use caution 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.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

NASDAQ_BIIB
Open High Low BIIB Price Change
157.17 159.10 154.74 157.93 +1.93
Entry Signal

MarketClub’s Trade Triangles for BIIB

long term down The long-term trend has been DOWN since Aug 1st, 2024 at 209.75

intermediate term down The intermediate-term trend has been DOWN since Jul 26th, 2024 at 220.81

short term down The short-term trend has been DOWN since Nov 14th, 2024 at 165.60

Smart Scan Analysis for BIIB

Based on our trend formula, BIIB is rated as a -100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-100
Smart Scan Analysis for BIIB
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
157.17 159.10 154.74 157.93 +1.93
Prev. Close Volume Bid Ask Time
158.01 1538766 2024-11-21 15:59:31
Year High388.67Year High Date2018-07-25
Year Low249.17Year Low Date2018-04-24
52wk High268.29552wk High Date2024-01-03
52wk Low153.6252wk Low Date2024-11-20
Year End Close146.37Average Volume1,730,725
Shares Outstanding145,719Short Interest2,936,368
% Institutional93.4Market Cap43,522M
Assets283,132,000MLiabilities119,543,000M
P/E Ratio14.0921Beta1.18
Volatility30.24
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