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Stock Trend Analysis Report

Prepared for you on Thursday, December 7, 2023.

Amgen Inc. (NASDAQ:AMGN)

Sidelines Mode (-50) - AMGN is failing to move into a strong trend and is encountering choppy trading conditions. Be cautious and consider taking a sidelines position until AMGN can gain momentum.

Is it time to buy, sell, or avoid AMGN?

MarketClub looks at technical strength and momentum to determine if the timing is right for AMGN.

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

Open High Low AMGN Price Change
270.50 273.41 266.63 271.25 +1.90
Entry Signal

MarketClub’s Trade Triangles for AMGN

long term up The long-term trend has been UP since Aug 4th, 2023 at 241.2999

intermediate term down The intermediate-term trend has been DOWN since Oct 31st, 2023 at 260.1600

short term down The short-term trend has been DOWN since Dec 7th, 2023 at 268.4721

Smart Scan Analysis for AMGN

Based on our trend formula, AMGN is rated as a -50 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

Smart Scan Analysis for AMGN
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
270.50 273.41 266.63 271.25 +1.90
Prev. Close Volume Bid Ask Time
269.35 1490170 2023-12-07 15:59:42
Year High210.19Year High Date2018-09-27
Year Low163.31Year Low Date2018-04-02
52wk High288.4652wk High Date2023-10-13
52wk Low211.7152wk Low Date2023-06-01
Year End Close86.2Average Volume2,084,967
Shares Outstanding535,178Short Interest19,187,030
% Institutional80Market Cap117,445M
P/E Ratio19.1436Beta0.5
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