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Stock Trend Analysis Report

Prepared for you on Friday, July 26, 2024.

Biogen Inc. (NASDAQ:BIIB)

Weak Downtrend (-65) - BIIB is showing signs of a strengthening downtrend. Monitor BIIB as it may be building momentum to the downside.

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
211.38 217.53 210.00 211.07 -16.37
Entry Signal

MarketClub’s Trade Triangles for BIIB

long term up The long-term trend has been UP since Jun 5th, 2024 at 236.90

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 Jul 26th, 2024 at 223.11

Smart Scan Analysis for BIIB

Based on our trend formula, BIIB is rated as a -70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-70
Smart Scan Analysis for BIIB
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
211.38 217.53 210.00 211.07 -16.37
Prev. Close Volume Bid Ask Time
227.44 1916942 2024-07-26 15:59:45
Year High388.67Year High Date2018-07-25
Year Low249.17Year Low Date2018-04-24
52wk High278.9552wk High Date2023-08-08
52wk Low189.4452wk Low Date2024-04-19
Year End Close146.37Average Volume918,347
Shares Outstanding145,597Short Interest2,936,368
% Institutional93.4Market Cap43,522M
Assets265,676,000MLiabilities113,546,000M
P/E Ratio28.3945Beta1.18
Volatility30.24
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