Stock Trend Analysis Report
Prepared for you on Sunday, May 16, 2021.
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.
MarketClub’s Trade Triangles for BIIB
The long-term trend has been DOWN since Nov 9th, 2020 at 243.25
The intermediate-term trend has been UP since May 3rd, 2021 at 274.81
The short-term trend has been UP since May 3rd, 2021 at 270.86
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).
|Year High||388.67||Year High Date||2018-07-25|
|Year Low||249.17||Year Low Date||2018-04-24|
|52wk High||363.92||52wk High Date||2020-11-04|
|52wk Low||223.25||52wk Low Date||2020-11-09|
|Year End Close||146.37||Average Volume||974,683|
|Shares Outstanding||150,555||Short Interest||2,936,368|
|% Institutional||93.4||Market Cap||43,522M|