REPORTING FOR 2019-11-13 | 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. ($BIIB) opened at 295.0, reaching a high of 296.25 and a low of 289.12 before closing at a price of 291.07. There was a total volume of 1143392.
VOLUME INDICATORS FOR BIOGEN INC. ($BIIB): We saw an accumulation-distribution index of 3791.32738, an on-balance volume of 294.14, chaikin money flow of 10.408 and a force index of -8.4366. There was an ease of movement rating of 0.01597, a volume-price trend of 61.92419 and a negative volume index of 1000.0.
VOLATILITY INDICATORS FOR BIOGEN INC. ($BIIB): We noted an average true range of 4.27293, bolinger bands of 291.83818, an upper bollinger band of 287.82182, lower bollinger band of 289.12, a bollinger high band indicator of 1.0, bollinger low band indicator of 1.0, a central keltner channel of 293.45667, high band keltner channel of 292.20667, low band keltner channel of 294.70667, a high band keltner channel indicator of 1.0 and a low band keltner channel indicator of 1.0. There was a donchian channel high band of 289.12, a donchian channel low band of 289.12, a donchian channel high band indicator of 1.0, and a donchian channel low band indicator of 1.0.
TREND INDICATORS FOR BIOGEN INC. ($BIIB): We calculated a Moving Average Convergence Divergence (MACD) of 0.03186, a MACD signal of 0.0177, a MACD difference of 0.01416, a fast Exponential Moving Average (EMA) indicator of 289.12, a slow Exponential Moving Average (EMA) indicator of 289.12, 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 0.24817, a trix of 15.74333, a Mass Index (MI) of 1.0, a Commodity Channel Index (CCI) of -66.66667, a Detrended Price Oscillator (DPO) of -50.57005, a KST Oscillator (KST) of 211.98935 and a KST Oscillator (KST Signal) of 211.98935 (leaving a KST difference of 1.48816). We also found an Ichimoku rating of 295.625, an Ichimoku B rating of 295.625, a Ichimoku visual trend A of 248.64384, an Ichimoku visual trend B of 259.39365, 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. ($BIIB): We found a Relative Strength Index (RSI) of 50.0, a Money Flow Index (MFI) of 100.0, a True Strength Index (TSI) of 100.0, an ultimate oscillator of 89.58371, a stochastic oscillator of 570.4, a stochastic oscillator signal of 570.4, a Williams %R rating of 470.4 and an awesome oscillator of -0.57783.
RETURNS FOR BIOGEN INC. ($BIIB): There was a daily return of 21.19894, a daily log return of 0.48994 and a cumulative return of 0.49115.
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 2019-11-13 (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.