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(BIIB) Biogen Inc complete technical analysis [charts+indicators] | Buy/Sell Biogen Inc | (BIIB) share price targets

Complete technical analysis of Biogen Inc (BIIB) by charts plus indicators, forecast predictions and share price targets for Biogen Inc (BIIB)

Biogen Inc trades in USA in Health Care sector.

Showing technical analysis as on 2024-11-08 View latest technical analysis

10 day averaged volume of Biogen Inc is 1803410

Date	Daily Closing Price	Open	High	Low	Volume
08 Fri Nov 2024	173.04	173.58	175.20	171.57	0.877 times
07 Thu Nov 2024	173.92	175.69	176.95	172.80	0.798 times
06 Wed Nov 2024	174.40	176.87	179.20	173.66	1.014 times
05 Tue Nov 2024	176.93	172.71	177.25	170.72	1.371 times
04 Mon Nov 2024	173.52	173.22	174.85	170.71	1.383 times
01 Fri Nov 2024	173.79	173.65	175.99	173.14	0.807 times
31 Thu Oct 2024	174.00	178.11	179.48	173.88	0.973 times
30 Wed Oct 2024	181.18	184.63	185.00	177.93	0.905 times
29 Tue Oct 2024	183.47	184.82	187.28	183.19	0.744 times
28 Mon Oct 2024	185.01	182.48	185.60	181.73	1.05 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 175.6, but if it comes above 175.6, then a intra day buy could be more profitable.
If you take a sell trade below 175.6, then use 175.6 as stoploss and 167.9 as target. However if you take a buy trade in stock , then use 175.6 as stoploss and 182.01 as target.

Share price targets for Biogen Inc (BIIB)

Target Type	Value
Downside Target	170.71
Upside Target	179.20
Upside Target	186.61
Upside Target	190.40
Upside Target	194.13
Upside Target	195.00
Upside Target	196.90
Upside Target	206.70
Upside Target	209.75
Upside Target	219.44
Upside Target	238.00

Intraday share price targets for Biogen Inc (BIIB)

Target Type	Value
Downside Intraday Target	169.43
Downside Intraday Target	165.83
Upside Intraday Target	177.92
Upside Intraday Target	182.81
Upside Intraday Target	174.32

Weekly technical analysis of Biogen Inc (BIIB)

Date	Weekly Closing Price	Open	High	Low	Volume
08 Fri Nov 2024	173.04	173.22	179.20	170.71	1.215 times
01 Fri Nov 2024	173.79	182.48	187.28	173.14	1.384 times
25 Fri Oct 2024	181.69	190.16	190.40	181.25	1.092 times
18 Fri Oct 2024	190.16	188.59	194.13	186.61	0.876 times
11 Fri Oct 2024	188.38	184.76	189.43	181.31	0.775 times

Price has moved down this week, but volume has not increased substantially. This means that the move can be temporary and might not continue in coming weeks.

Monthly technical analysis of Biogen Inc (BIIB)

Date	Monthly Closing Price	Open	High	Low	Volume
08 Fri Nov 2024	173.04	173.65	179.20	170.71	0.366 times
31 Thu Oct 2024	174.00	194.61	195.00	173.88	1.404 times
30 Mon Sep 2024	193.84	204.22	206.70	188.78	1.071 times
30 Fri Aug 2024	204.76	215.80	219.44	196.90	0.91 times

Scroll below to view daily charts

Price has moved down this month, but volume has not increased substantially. This means that the move can be temporary and might not continue in coming months.

Indicators analysis of Biogen Inc (BIIB)

Price action analysis of Biogen Inc ( (BIIB) ) based on a short term time period is negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this stock.

Price action analysis of Biogen Inc ( (BIIB) ) based on a short term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.

Price action analysis of Biogen Inc ( (BIIB) ) based on a short to mid term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.

Price action analysis of Biogen Inc ( (BIIB) ) based on a mid to longer term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.

ADX buy sell signal for Biogen Inc stock for short term is SELL. Signal strength is Strong and stock is gaining momentum.

MACD generated a SELL signal for Biogen Inc in short term and the sell signal is strong.

Biogen Inc Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are getting stronger in this stock.

Ichimoku cloud is of red color and prices are below the red cloud Prices appear to be coming down

CCI has generated a SELL signal for Biogen Inc in short term and SELL signal is strong!

RSI is generating a BUY signal in short term and the buying is gaining momentum.

MRSI is in negative zone. This is the SELL zone

Although the stock is in the SELL zone, but selling might be slowing down

Stock of Biogen Inc is picking up selling momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 176.8 and Biogen Inc (BIIB) stock is trading below this level. This means that stock is falling with high volumes. VWAP is falling down

People seem to be coming out and selling the Biogen Inc (BIIB) stock. Volume based technical analysis of Biogen Inc (BIIB) stock is negative.

Biogen Inc Stock has given negative returns over a short term period. Returns for a longer term period have been negative.

Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.