BIIB NEWS why is Biogen Inc. price falling or rising

BIIB NEWS reasons for why stock price of Biogen Inc. is falling or rising

BIIB Biogen Inc is falling or rising technical reasons

Technical analysis forecast for Biogen Inc Stock is that its in a downtrend for shortterm, and I will avoid taking a BUY or a LONG trade in this stock. Look for opportunities to sell or SHORT Biogen Inc BIIB at this time. Stock is falling and might fall more.

It appears as if Biogen Inc BIIB gave a large move recently.

Stock of Biogen Inc (BIIB) is trading below an important moving average line, and it has been below this line for quite some time now. This is not a good sign, stock might keep falling and stock might move lower...

My analysis of Biogen Inc is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if Biogen Inc stays below 159.7, but if it comes above 159.7, then a intra day buy could be more profitable.
If you take a sell trade below 159.7, then use 159.7 as stoploss and 148.8 as target. However if you take a buy trade in Biogen Inc, then use 159.7 as stoploss and 168.74 as target.

BIIB Biogen Inc is falling or rising NEWS fundamental reasons

More announcements and NEWS

BIIB Biogen Inc. current price & indicator signals

Moving Averages for Biogen Inc.

  • 5Day Average: 157.47
  • 12Day Average: 164.98
  • 20Day Average: 170.47
  • 50Day Average: 182.6
  • 100Day Average: 196.59
  • 150Day Average: 205.87
  • 200Day Average: 207.7

BIIB Indicators & signals

Indicator MACD (12,26,9)

163.91, 171.64, -6.59
Indicator MACD is in negative zone

Indicator ADX (14)

26.27, 19.12, 32.75
Indicator ADX is indicating that momentum is weak.
Momentum is towards selling.

Indicator RSI (14)

Current RSI is: 47
Indicator RSI is indicating buying momentum and stock might rise.

Recent prices of BIIB Biogen Inc. are as follows: Daily volume is divided by 10 day averaged volume

Date Close Range Change % Volume
21 Thu Nov 2024 158.01 154.74 to 159.10 1.29% 1.11 times
20 Wed Nov 2024 156.00 153.62 to 156.18 0.37% 0.96 times
19 Tue Nov 2024 155.43 155.28 to 157.90 -1.59% 0.76 times
18 Mon Nov 2024 157.94 157.40 to 160.11 -1.28% 0.96 times
15 Fri Nov 2024 159.99 159.60 to 166.34 -2.97% 1.13 times
14 Thu Nov 2024 164.89 163.35 to 175.86 -0.54% 1.89 times
13 Wed Nov 2024 165.79 165.53 to 168.98 -1.48% 0.82 times
12 Tue Nov 2024 168.28 167.71 to 171.61 -2.18% 0.83 times
11 Mon Nov 2024 172.03 171.11 to 173.92 -0.58% 0.86 times
08 Fri Nov 2024 173.04 171.57 to 175.20 -0.51% 0.93 times
07 Thu Nov 2024 173.92 172.80 to 176.95 -0.28% 0.85 times
06 Wed Nov 2024 174.40 173.66 to 179.20 -1.43% 1.08 times

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BIIB NEWS why is Biogen Inc. price falling or rising

 

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