Trading Signals: AMGN Stock Price Prediction and Forecast

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Sun. Aug. 6, 2023

Trading Signals: AMGN Stock Price Prediction and Forecast (Fri. Mar. 14, 2014 - Fri. Dec. 22, 2023)

(Amgen)
AMGN latest price $243.1900 (5.4%) ($236.8600 - $243.1900) on Sun. Aug. 6, 2023.

Trend Analysis and Forecast

Average Daily Percentage Swing   1.34% (three month average)
RSI   74
Latest Price   $243.1900(5.4%)
Stocks Behave Similarly   Similar Stock List
Daily Trend   AMGN advances 0.6% a day on average for past five trading days.
Weekly Trend   AMGN advances 0.2% a week on average for past two weeks.
Market Behavior   Normal for large cap. Normal for small cap.
Correlated ETFs   Broad market will support AMGN advance at 0% a week (0% probability)
(0%)    (0%)    (0%)    (0%)    (0%)
Factors Impacting AMGN price   AMGN will decline at least -0.67% in a week (0% probabilities).
(0%)    (0%)    (0%)    (0%)    (0%)
Explanation The rally is not sustainable and not supported by the broad market.

Relative Volatility (options are extremely cheap)

Market Trend Strength   -0.67% (StdDev 1.34%)
Hourly BBV 0 ()
Intraday Trend 0%

5 Day Moving Average   $233.8(4.02%)
10 Day Moving Average   $234.77(3.59%)
20 Day Moving Average   $232.18(4.74%)
To recent high   0%
To recent low   13.5%
Market Cap   $N/A

Amgen, Inc. is a biotechnology company, which engages in the discovery, development, manufacture and marketing of human therapeutics. Its products include the following brands: Aranesp, BLINCYTO, Corlanor, ENBREL, EPOGEN, IMLYGIC, KYPROLIS, Neulasta, NEUPOGEN, Nplate, Parsabiv, Prolia, Repatha, Sensipar, Vectibix, and XGEVA. The company was founded by William K. Bowes, Jr., Franklin Pitcher Johnson, Jr., George B. Rathmann and Joseph Rubinfeld on April 8, 1980 and is headquartered in Thousand Oaks, CA.

$. AMGN price fluctuates within 2.3% (three month std-dev: 1.34%) daily (68% of days).

Sample size 36 Average positive next day return: 1.88%(64%) Average negative next day return: -1.51%(36%) Sample size 36 Average positive next three day return: 2.92%(64%) Average negative next three day return: -1.5%(36%) Sample size 36 Average positive next weekly return: 3.91%(67%) Average negative next weekly return: -2.1%(33%)

Analysis News Options Weekly Chart Daily Chart 2 Month Daily Chart

> 20230906

i	Date	ema100	ema20	ema10	ema5	Slow Hourly Trend	Fast Hourly Trend	Close	Pattern	Trade	P	SMA5 BBV	WTF	lsma10 Trend	ema5 Trend	ema10 Trend	Volume millions	Quarterly Strength	100 Daily Trend	Daily Trend Force	Daily StdDev	Hourly BBV	BBV	RSI	VIXCD
1	Aug_4_2023	232.07	232.18	234.77	233.8	233.41	236.16	243.19(5.4%)	UT	OpenLong	75	1.8	237	80	276	121	5.18	65%	0.04	48.7	1.34%	1.3	2.1	74	-1.6
2	Aug_3_2023	231.98	230.96	233.9	232.44	231.45	230.19	230.72(0.47%)	DP	OpenShort	-75	-0.4	-51	-50	-64	-13	1.62	53%	-0.01	44.5	1.17%	-0	-0	63	-0.7
3	Aug_2_2023	232.01	230.64	234.2	233.52	232.87	230.66	229.65(-0.87%)	DT	OpenShort	-75	-0.8	-101	-70	-129	-16	1.64	51%	-0	53	1.22%	-1.7	-0.2	58	-0.7
4	Aug_1_2023	232.02	230.48	234.52	234.56	234.37	232.72	231.66(-0.9%)	CR	SmallShort	-20	-0.6	-88	-50	-122	13	1.09	51%	-0.01	61.1	1.22%	-1.2	0.2	68	1.2
5	Jul_31_2023	232.04	230.17	234.68	235.38	235.16	235.08	233.77(-1.11%)	N/A	N/A	0	-0.3	-23	-10	-53	68	1.14	51%	0.03	65.5	1.23%	-1.4	0.7	77	1.5

6	Jul_28_2023	231.98	229.6	234.21	235.75	235.66	236.02	236.39(0.11%)	UT	HoldLong	65	0.1	57	10	37	118	0.92	51%	0.05	61.5	1.22%	0.3	1.3	84	1.3
7	Jul_27_2023	231.87	228.81	233.31	235.6	235.47	235.24	236.13(0.55%)	UT	HoldLong	65	0.1	31	-10	1	121	2.44	51%	0.03	52.9	1.22%	0.2	1.3	89	0.5
8	Jul_26_2023	231.79	228.04	232.5	235.03	235.49	235.3	234.83(-0.39%)	UD	OpenLong	65	-0	29	0	-3	124	1.06	48%	0.03	45.6	1.22%	-0.7	1.3	70	1.9
9	Jul_25_2023	231.72	227.42	231.62	234.48	235.08	235.71	235.76(0.04%)	UT	OpenLong	75	0.2	52	30	27	128	0.8	48%	0	38.5	1.26%	1.6	1.6	66	1.2
10	Jul_24_2023	231.71	226.82	230.5	233.88	234.16	235.69	235.66(0.02%)	UT	OpenLong	75	0.4	94	50	77	143	1.22	48%	0	34.4	1.26%	0.3	1.8	67	1.6

11	Jul_21_2023	231.7	226.34	229.4	232.41	233.43	234.44	235.62(1.01%)	UT	OpenLong	75	0.7	135	40	128	154	1.84	48%	0	27.2	1.26%	0.4	2.1	70	1.1
12	Jul_20_2023	231.7	225.96	227.73	230.69	231.58	232.64	233.27(0.5%)	UT	OpenLong	75	0.7	66	40	53	103	3.68	48%	-0.01	27.6	1.25%	0.3	1.9	70	1.4
13	Jul_19_2023	231.72	225.6	226.73	229.6	230.04	232.42	232.11(-0.27%)	UD	OpenLong	75	0.7	113	80	110	120	2.03	48%	0	28.5	1.25%	0.6	1.8	69	1.5
14	Jul_18_2023	231.72	225.42	226.04	228.31	228.99	230.52	232.74(1.94%)	UT	OpenLong	75	1.3	161	60	169	136	1.77	48%	-0.01	36.2	1.25%	1.7	2.2	65	1.9
15	Jul_17_2023	231.74	225.16	225.2	226.64	227.22	227.66	228.3(0.56%)	UT	OpenLong	75	0.6	44	20	37	66	1.34	45%	-0.02	40.9	1.23%	1.3	1.1	55	1.4

16	Jul_14_2023	231.79	225.14	224.56	225.93	226.24	227.47	227.02(-0.36%)	UD	OpenLong	75	0.4	62	40	63	59	1.28	45%	-0.05	45.5	1.23%	1.4	0.6	48	1.2
17	Jul_13_2023	231.9	224.88	223.92	224.27	225.29	226.79	227.85(0.97%)	UT	OpenLong	75	1.2	114	60	135	50	1.2	45%	-0.04	29.9	1.23%	1.2	1	45	1
18	Jul_12_2023	231.99	224.58	223.19	223.42	222.97	225.02	225.66(0.57%)	RB	SmallLong	20	0.7	46	60	62	-2	1.68	45%	-0.06	23.2	1.23%	0.7	0.3	47	1.1
19	Jul_11_2023	232.12	224.2	222.87	223.44	222.46	223.79	224.38(-0.16%)	UD	OpenLong	75	0.3	81	30	107	2	1.31	45%	-0.03	16.3	1.23%	0.5	0.1	41	-0.3
20	Jul_10_2023	232.2	223.95	222.85	223.58	222.82	220.93	224.74(2.76%)	DP	OpenShort	-75	0.3	-26	-70	-16	-55	2.5	45%	-0.07	17	1.23%	1.2	0.2	43	-0.5

21	Jul_7_2023	232.36	223.78	223.03	223.04	223.32	221.13	218.7(-2.19%)	DT	OpenShort	-75	-1.2	-166	-60	-177	-132	2.47	40%	-0.07	21	1.17%	-1.3	-1.4	33	-0.3
22	Jul_6_2023	232.52	223.95	224.09	223.41	224.16	224.7	223.6(-0.97%)	DT	OpenShort	-75	0.1	-19	30	-10	-47	1.3	43%	-0.07	25.5	1.15%	-0.1	-0.1	55	-0.6
23	Jul_5_2023	232.69	223.86	224.43	222.83	223.39	225.5	225.8(0.32%)	UT	OpenLong	75	0.8	92	70	120	7	1.69	47%	-0.12	23.9	1.15%	1.2	0.5	58	0.9
24	Jul_3_2023	232.96	223.67	224.74	222.21	222.11	223.62	225.08(1.37%)	UT	OpenLong	75	0.8	91	50	114	23	1.44	50%	-0.08	26.7	1.2%	0	0.4	65	1.2
25	Jun_30_2023	233.14	223.34	225.08	222.11	221.5	221.28	222.03(0.68%)	N/A	N/A	0	-0	3	-20	5	-3	1.7	47%		25.4	1.19%	1.5	-0.3	58	1
i	Date	ema100	ema20	ema10	ema5	Slow Hourly Trend	Fast Hourly Trend	Close	Pattern	Trade	P	SMA5 BBV	WTF	lsma10 Trend	ema5 Trend	ema10 Trend	Volume millions	Quarterly Strength	100 Daily Trend	Daily Trend Force	Daily StdDev	Hourly BBV	BBV	RSI	VIXCD

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