Stock Trend Analysis Report
Prepared for you on Friday, February 15, 2019.
Biogen, Inc (NASDAQ:BIIB)
Smart Scan Chart Analysis indicates a counter trend rally is underway. It also indicates that the current down trend could be changing and moving into a trading range Sidelines Mode.
The Trade Triangles are generated using a proprietary algorithm that is comprised of weighted factors that include, but are not limited to - price change, percentage change, moving averages, and new highs/lows. The MarketClub trading strategy is based on the triangles, learn more here.
MarketClub’s Trade Triangles for BIIB
The long term trend has been DOWN since Dec 21st, 2018 at 288.3400
The intermediate term trend has been DOWN since Feb 7th, 2019 at 321.4225
The short term trend has been UP since Feb 13th, 2019 at 320.3100
Smart Scan Analysis for BIIB
Based on a pre-defined weighted trend formula for chart analysis, BIIB scored -55 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|Year High||388.67||Year High Date||2018-07-25|
|Year Low||249.17||Year Low Date||2018-04-24|
|52wk High||388.67||52wk High Date||2018-07-25|
|52wk Low||249.17||52wk Low Date||2018-04-24|
|Year End Close||146.37||Average Volume||1,071,011|
|Shares Outstanding||236,597||Short Interest||2,936,368|