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Stock Trend Analysis Report

Prepared for you on Sunday, October 17, 2021.

Biogen Inc. (NASDAQ:BIIB)

Long-Term Downtrend (-90) - BIIB is in a strong downtrend that is likely to continue. While BIIB is showing intraday strength, it remains in the confines of a bearish trend. 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
285.300 286.000 278.570 280.995 -4.265
Entry Signal

MarketClub’s Trade Triangles for BIIB

long term down The long-term trend has been DOWN since Oct 1st, 2021 at 282.64

intermediate term down The intermediate-term trend has been DOWN since Sep 2nd, 2021 at 334.61

short term down The short-term trend has been DOWN since Oct 13th, 2021 at 283.45

Smart Scan Analysis for BIIB

Based on our trend formula, BIIB is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-90
Smart Scan Analysis for BIIB
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
285.300 286.000 278.570 280.995 -4.265
Prev. Close Volume Bid Ask Time
281.190 1074189 2021-10-15 15:59:52
Year High388.67Year High Date2018-07-25
Year Low249.17Year Low Date2018-04-24
52wk High468.5552wk High Date2021-06-07
52wk Low223.2552wk Low Date2020-11-09
Year End Close146.37Average Volume865,175
Shares Outstanding149,033Short Interest2,936,368
% Institutional93.4Market Cap43,522M
Assets244,704,000MLiabilities137,185,000M
P/E Ratio22.4791Beta1.18
Volatility30.24
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