REPORTING FOR 2019-11-12 | LOGISTICS-BUSINESS-REVIEW.COM: We have done an in-depth analysis of how BIIB has been trading over the last 2 weeks and the past day especially. On its latest session, Biogen Inc. ($BIIB) opened at 292.48, reaching a high of 294.92 and a low of 290.5179 before closing at a price of 293.83. There was a total volume of 708909.
VOLUME INDICATORS FOR BIOGEN INC. ($BIIB): We saw an accumulation-distribution index of 1169.07493, an on-balance volume of -293.25, chaikin money flow of 2.60828 and a force index of 34.22858. There was an ease of movement rating of 0.08749, a volume-price trend of 65.0704 and a negative volume index of 1000.0.
VOLATILITY INDICATORS FOR BIOGEN INC. ($BIIB): We noted an average true range of 4.23899, bolinger bands of 295.33389, an upper bollinger band of 280.43401, lower bollinger band of 290.5179, a bollinger high band indicator of 1.0, bollinger low band indicator of 1.0, a central keltner channel of 292.6393, high band keltner channel of 290.1993, low band keltner channel of 295.0793, a high band keltner channel indicator of 1.0 and a low band keltner channel indicator of 1.0. There was a donchian channel high band of 290.5179, a donchian channel low band of 290.5179, a donchian channel high band indicator of 1.0, and a donchian channel low band indicator of 1.0.
TREND INDICATORS FOR BIOGEN INC. ($BIIB): We calculated a Moving Average Convergence Divergence (MACD) of -0.11819, a MACD signal of -0.06566, a MACD difference of -0.05253, a fast Exponential Moving Average (EMA) indicator of 290.5179, a slow Exponential Moving Average (EMA) indicator of 290.5179, an Average Directional Movement Index (ADX) of unknown, an ADX positive of 20.0, an ADX negative of 20.0, a positive Vortex Indicator (VI) of 1.0, a negative VI of 1.0, a trend vortex difference of 0.19027, a trix of 16.60568, a Mass Index (MI) of 1.0, a Commodity Channel Index (CCI) of -66.66667, a Detrended Price Oscillator (DPO) of -52.53237, a KST Oscillator (KST) of 220.73767 and a KST Oscillator (KST Signal) of 220.73767 (leaving a KST difference of -5.53384). We also found an Ichimoku rating of 293.7, an Ichimoku B rating of 293.7, a Ichimoku visual trend A of 248.01749, an Ichimoku visual trend B of 258.7012, an Aroon Indicator (AI) up of 4.0 and an AI indicator down of 4.0. That left a difference of -4.0.
MOMENTUM INDICATORS FOR BIOGEN INC. ($BIIB): We found a Relative Strength Index (RSI) of 50.0, a Money Flow Index (MFI) of 100.0, a True Strength Index (TSI) of 100.0, an ultimate oscillator of 96.39945, a stochastic oscillator of 180.41393, a stochastic oscillator signal of 180.41393, a Williams %R rating of 80.41393 and an awesome oscillator of 0.01467.
RETURNS FOR BIOGEN INC. ($BIIB): There was a daily return of 22.07377, a daily log return of -1.82992 and a cumulative return of -1.81328.
What the heck does all of this mean? If you are new to technical analysis, the above may be gibberish to you, and that’s OK (though we do advise learning these things). The bottom line is that AS OF 2019-11-12 (if you are reading this later, the analysis will be out of date), here is what our deep analysis of technical indicators are telling us for Biogen Inc. ($BIIB)…
DISCLAIMER: We are not registered investment advisers and the above analysis should be taken at face value only. We strongly advise against buying or selling Biogen Inc. ($BIIB) based solely on our analysis above, and are not responsible for any losses that you may incur if you choose make any investment decisions based on the above.