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Stock Trend Analysis Report

Prepared for you on Saturday, June 10, 2023.

Biogen Inc. (NASDAQ:BIIB)

Bull Market Weakness (+75) - BIIB is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on BIIB as it may be in the beginning stages of a reversal.

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.

Open High Low BIIB Price Change
308.20 311.28 303.69 308.86 +3.96
Entry Signal

MarketClub’s Trade Triangles for BIIB

long term up The long-term trend has been UP since Apr 28th, 2023 at 295.8962

intermediate term down The intermediate-term trend has been DOWN since May 24th, 2023 at 301.9350

short term up The short-term trend has been UP since Jun 8th, 2023 at 309.3013

Smart Scan Analysis for BIIB

Based on our trend formula, BIIB is rated as a +75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

Smart Scan Analysis for BIIB
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
308.20 311.28 303.69 308.86 +3.96
Prev. Close Volume Bid Ask Time
308.88 1106867 2023-06-08 15:59:49
Year High388.67Year High Date2018-07-25
Year Low249.17Year Low Date2018-04-24
52wk High319.7452wk High Date2023-05-05
52wk Low188.53552wk Low Date2022-06-16
Year End Close146.37Average Volume885,501
Shares Outstanding144,742Short Interest2,936,368
% Institutional93.4Market Cap43,522M
P/E Ratio14.3332Beta1.18
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