Free Daily Analysis

Stock Trend Analysis Report

Prepared for you on Thursday, December 26, 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.

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
148.000 150.680 147.830 149.825 +0.805
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 up The short-term trend has been UP since Dec 26th, 2024 at 149.92

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).

-85
Smart Scan Analysis for BIIB
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
148.000 150.680 147.830 149.825 +0.805
Prev. Close Volume Bid Ask Time
149.020 468078 2024-12-26 14:48:28
Year High388.67Year High Date2018-07-25
Year Low249.17Year Low Date2018-04-24
52wk High268.29552wk High Date2024-01-03
52wk Low145.070952wk Low Date2024-12-20
Year End Close146.37Average Volume1,576,328
Shares Outstanding145,719Short Interest2,936,368
% Institutional93.4Market Cap43,522M
Assets283,132,000MLiabilities119,543,000M
P/E Ratio13.4616Beta1.18
Volatility30.24
Get a free daily analysis and signals for Biogen Inc. (BIIB) - Request Your Free Report.