Trading Signals: AMGN Stock Price Prediction and Forecast

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Wed. Sep. 20, 2023

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

(Amgen)
AMGN latest price $271.7600 (2.86%) ($271.7600 - $273.0900) on Wed. Sep. 20, 2023.

Trend Analysis and Forecast

Average Daily Percentage Swing   1.39% (three month average)
RSI   64
Latest Price   $271.7600(2.86%)
Stocks Behave Similarly   Similar Stock List
Daily Trend   AMGN advances 1.1% a day on average for past five trading days.
Weekly Trend   AMGN advances 1.9% a week on average for past two weeks.
Market Behavior   Broad based sell-off for large cap. Broad based sell-off for small cap.
Correlated ETFs   Broad market will support AMGN advance at 0% a week (0% probability)
DIA(58%)    XLV(55%)    IBB(54%)    SPLV(54%)    SPY(51%)
Factors Impacting AMGN price   AMGN will decline at least -0.695% in a week (0% probabilities).
VIXM(-33%)    VXX(-32%)    TBT(-27%)    UUP(-13%)    EDOC(-10%)
Explanation The rally is not sustainable and not supported by the broad market.

Relative Volatility (options are extremely cheap)

Market Trend Strength   -0.695% (StdDev 1.39%)
Hourly BBV 1.8 ()
Intraday Trend 0%

5 Day Moving Average   $264.39(2.79%)
10 Day Moving Average   $261.7(3.84%)
20 Day Moving Average   $258.89(4.97%)
To recent high   0%
To recent low   24.3%
Market Cap   $159.36b

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 1.77% (three month std-dev: 1.39%) daily (68% of days).

Sample size 22 Average positive next day return: 0.66%(59%) Average negative next day return: -1.66%(41%) Sample size 22 Average positive next three day return: 0.79%(55%) Average negative next three day return: -2.25%(45%) Sample size 22 Average positive next weekly return: 1.58%(45%) Average negative next weekly return: -2.39%(55%)

Analysis News Options Weekly Chart Daily Chart 2 Month Daily Chart

> 20231020

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	Sep_20_2023	237.76	258.89	261.7	264.39	264.88	268.15	271.76(2.86%)	UT	OpenLong	75	1.6	226	90	241	180	2.82	88%	0.15	18.1	1.39%	1.8	2.8	64	-0
2	Sep_19_2023	237.4	258.12	259.42	261.5	262.18	263.51	264.2(0.41%)	UT	OpenLong	75	0.8	108	40	114	89	1.02	87%	0.11	-9.7	1.35%	0.7	1.8	54	0.9
3	Sep_18_2023	237.14	257.91	258.39	260.64	260.44	261.61	263.13(0.98%)	UT	OpenLong	75	0.8	46	30	45	50	1.77	87%	0.11	-16.7	1.36%	0.6	1.6	58	1
4	Sep_15_2023	236.89	257.82	257.68	260.42	259.71	260.85	260.58(-0.65%)	UD	OpenLong	75	0.1	51	20	51	52	5.35	88%	0.09	-18.5	1.36%	0.1	0.9	55	1
5	Sep_14_2023	236.68	257.98	257.24	260.11	260.12	259.27	262.28(1.94%)	UT	OpenLong	75	0.6	46	-20	46	46	3.07	88%	0.1	-16.3	1.4%	1.6	1.2	57	1.5

6	Sep_13_2023	236.44	258.05	256.71	258.57	259.55	258.56	257.3(-1%)	DT	OpenShort	-75	-0.3	-51	-20	-64	-11	2.18	88%	0.06	-20.3	1.38%	-1.5	-0.2	50	1.3
7	Sep_12_2023	236.31	258.44	256.91	256.89	258.89	260.98	259.89(-0.83%)	UD	OpenLong	75	0.7	70	80	82	35	0.94	88%	0.07	-25	1.39%	-0.3	0.4	53	1
8	Sep_11_2023	236.15	258.45	256.51	255.71	256.14	260.54	262.07(1.19%)	UT	OpenLong	75	1.6	152	130	184	57	1.39	88%	0.08	-24.8	1.39%	1.2	0.9	49	1.3
9	Sep_8_2023	235.95	258.41	255.86	254.6	254.12	256.79	259(1.74%)	UT	OpenLong	75	1.1	155	70	193	41	1.53	88%	0.07	-12.1	1.4%	1.2	0.1	42	1.3
10	Sep_7_2023	235.79	258.54	255.59	254.08	253.66	251.75	254.57(2.27%)	DP	OpenShort	-75	0.1	-19	-60	-6	-56	1.43	88%	0.04	18.9	1.39%	0.7	-1	31	1.2

11	Sep_6_2023	235.7	258.8	255.84	254.7	254.27	251.45	248.91(-2%)	DT	HoldShort	-65	-1.4	-197	-80	-213	-148	1.36	87%	0.01	57.4	1.36%	-1.4	-2.5	16	1.4
12	Sep_5_2023	235.67	259.45	256.78	256.87	256.46	255.58	254(-0.99%)	DT	HoldShort	-65	-0.9	-89	-30	-88	-92	1.72	93%	-0.03	131	1.33%	-1.5	-1.7	19	1.7
13	Sep_1_2023	235.75	259.47	257.48	257.29	257.72	257.09	256.54(0.06%)	DP	OpenShort	-75	-0.2	-17	-10	-4	-54	0.83	86%	0.02	111.9	1.34%	-1.5	-0.6	43	2.3
14	Aug_31_2023	235.7	258.9	258.04	257.24	257.46	257.35	256.39(-0.5%)	DT	OpenShort	-75	-0.1	-40	-0	-32	-64	2.03	86%	0.03	74.7	1.4%	-1.5	-0.3	39	2.3
15	Aug_30_2023	235.63	257.78	258.83	257.29	257.27	258.34	257.68(-0.79%)	N/A	N/A	0	0	17	30	34	-34	1.07	86%	0.03	57.4	1.4%	0.1	-0	41	2.2

16	Aug_29_2023	235.57	256.52	259.52	257.17	256.98	257.57	259.72(1.4%)	N/A	N/A	0	0.2	42	10	62	-17	2.22	86%	0.04	48.7	1.4%	1.9	0.3	52	1.7
17	Aug_28_2023	235.48	255.23	260.06	256.76	256.5	256.2	256.14(-0.05%)	DT	OpenShort	-75	-0.1	-27	-10	-20	-47	1.09	85%	0.09	43.1	1.4%	-0.9	0.1	41	1.5
18	Aug_25_2023	235.26	254.21	260.53	257.76	256.86	256.4	256.26(-0.16%)	DT	OpenShort	-75	-0.1	-45	-20	-47	-39	1.05	81%	0.01	43.3	1.4%	-0.8	0.2	59	0.2
19	Aug_24_2023	235.23	253.3	261.16	259.01	258.08	256.8	256.66(-0.16%)	DT	OpenShort	-75	-0.2	-45	-50	-59	-4	1.89	78%	0.01	45.5	1.42%	-0.2	0.3	72	-0.6
20	Aug_23_2023	235.2	252.33	261.74	260.61	259.57	257.32	257.06(-0.23%)	CR	SmallShort	-20	-0.3	-81	-70	-119	32	1.21	78%	0.04	49	1.44%	-0.9	0.4	80	0.5

21	Aug_22_2023	235.1	251.28	262.06	262.21	261.47	259.36	257.66(-1.33%)	N/A	N/A	0	-0.3	-77	-60	-132	89	1.72	78%	0.06	52.9	1.44%	-1.6	0.5	82	-0.5
22	Aug_21_2023	234.96	250.22	262.44	263.83	263.31	261.83	261.14(-0.52%)	N/A	N/A	0	-0.2	-20	-50	-85	174	1.35	78%	0.09	57.1	1.43%	-0.7	0.8	82	-0.5
23	Aug_18_2023	234.76	248.95	261.73	263.67	264.47	263.59	262.51(-0.81%)	UD	OpenLong	65	-0.1	35	-10	-31	232	1.67	78%	0.09	60.1	1.42%	-1	1	80	-1.4
24	Aug_17_2023	234.54	247.59	259.97	263.6	263.93	264.8	264.66(-0.15%)	UT	HoldLong	50	0.1	63	30	-3	262	1.51	75%	0.1	64	1.42%	-0.9	1.2	77	-2.3
25	Aug_16_2023	234.3	245.99	256.8	263.05	263.3	265.35	265.06(-0.27%)	UD	OpenLong	75	0.2	150	60	101	295	2.24	71%		67.2	1.44%	0.5	1.4	78	-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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