Trading Signals: AMGN Stock Price Prediction and Forecast

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Mon. Oct. 16, 2023

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

(Amgen)
AMGN latest price $287.4200 (1.19%) ($287.4200 - $287.4200) on Mon. Oct. 16, 2023.

Trend Analysis and Forecast

Average Daily Percentage Swing   1.43% (three month average)
RSI   70
Latest Price   $287.4200(1.19%)
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 2.8% a week on average for past two weeks.
Market Behavior   Broad based rally for large cap. Broad based rally for small cap.
Correlated ETFs   Broad market will support AMGN advance at 0% a week (0% probability)
DIA(62%)    IBB(58%)    IVW(58%)    SPY(58%)    XLV(58%)
Factors Impacting AMGN price   AMGN will decline at least -0.715% in a week (0% probabilities).
VXX(-34%)    VIXM(-28%)    TBT(-25%)    URA(-19%)    UUP(-12%)
Explanation The rally is not sustainable and not supported by the broad market.

Relative Volatility (options are extremely cheap)

Market Trend Strength   -0.715% (StdDev 1.43%)
Hourly BBV 1.8 ()
Intraday Trend 0%

5 Day Moving Average   $282.36(1.79%)
10 Day Moving Average   $274.78(4.6%)
20 Day Moving Average   $271.57(5.84%)
To recent high   0%
To recent low   25.9%
Market Cap   $168.543b

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 2.74% (three month std-dev: 1.43%) daily (68% of days).

Sample size 50 Average positive next day return: 1.1%(46%) Average negative next day return: -1.19%(54%) Sample size 50 Average positive next three day return: 2.12%(52%) Average negative next three day return: -2.09%(48%) Sample size 50 Average positive next weekly return: 3.51%(50%) Average negative next weekly return: -2.81%(50%)

Analysis News Options Weekly Chart Daily Chart 2 Month Daily Chart

> 20231116

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	Oct_16_2023	245.87	271.57	274.78	282.36	285.08	285.73	287.42(1.19%)	UT	OpenLong	75	0.7	149	40	141	174	1.56	90%	0.3	77	1.43%	1.8	2.1	70	0.8
2	Oct_13_2023	245.14	270.31	272.54	279.17	281.09	284.57	284.04(-0.37%)	UD	OpenLong	75	0.7	98	110	88	126	2.69	90%	0.28	72.8	1.42%	0.4	2	70	-1.3
3	Oct_12_2023	244.46	269.1	270.91	275.87	277.95	284.44	285.09(0.46%)	UT	OpenLong	75	1.5	323	190	361	209	2.27	90%	0.27	67	1.42%	0.9	2.6	70	0.3
4	Oct_11_2023	243.8	267.9	269.28	271.82	273.23	277.62	283.78(4.54%)	UT	OpenLong	75	2.2	294	130	336	166	3.55	90%	0.25	62.3	1.42%	1.8	3	66	0.4
5	Oct_10_2023	243.19	266.54	267.62	268.16	268.5	271.47	271.46(0%)	UT	HoldLong	50	0.8	121	80	143	53	1.11	90%	0.2	66	1.33%	0.8	1.2	48	0.2

6	Oct_9_2023	242.7	265.97	267.3	266.07	267.04	268.85	271.47(1.46%)	UT	OpenLong	75	1.4	154	60	186	58	1.62	90%	0.21	60.7	1.36%	1.5	1.4	60	-0.1
7	Oct_6_2023	242.2	265.48	266.81	264.93	264.43	265.54	267.56(1.02%)	N/A	N/A	0	0.7	4	20	11	-17	2.84	84%	0.19	58.9	1.39%	1.7	0.5	58	-0.7
8	Oct_5_2023	241.75	265.08	266.83	265.19	264.32	265.24	264.85(-0.23%)	UD	OpenLong	75	-0.1	33	10	41	8	1.52	84%	0.17	57.3	1.39%	0.6	-0.1	59	-0.7
9	Oct_4_2023	241.34	264.62	267.27	266.32	265.32	263.32	265.46(1.71%)	DP	OpenShort	-75	-0.2	-25	-60	-33	-2	1.67	84%	0.16	50	1.39%	0.9	0.1	56	-1
10	Oct_3_2023	240.95	263.87	267.88	267.02	266.54	263.4	261(-1.8%)	DT	OpenShort	-75	-1	-154	-90	-192	-38	1.8	84%	0.12	42.5	1.39%	-1.4	-0.5	59	-2.1

11	Oct_2_2023	240.67	263.58	268.32	268.6	268.53	267.32	265.8(-1.13%)	N/A	N/A	0	-0.5	-73	-30	-104	21	1.28	88%	0.14	48.1	1.37%	-1.4	0.4	61	-1.1
12	Sep_29_2023	240.33	263.14	268.14	268.84	269.3	269.67	268.85(-0.61%)	UD	OpenLong	75	0	25	10	9	72	1.19	88%	0.16	48.5	1.36%	-0.9	0.9	60	-1.3
13	Sep_28_2023	239.95	262.51	267.38	268.66	268.84	269.73	270.5(0.57%)	UT	OpenLong	75	0.3	56	30	45	89	1.7	88%	0.15	48.1	1.36%	1	1.3	67	-0.9
14	Sep_27_2023	239.58	261.85	266.56	268.42	268.2	268.93	268.97(0.02%)	UT	OpenLong	75	0.1	47	20	31	94	1.67	88%	0.15	50	1.37%	1	1.2	70	-1.6
15	Sep_26_2023	239.22	261.35	265.46	268.97	268.28	267.95	268.9(0.71%)	UT	OpenLong	75	-0	30	-20	5	104	1.46	88%	0.15	57.1	1.37%	1.7	1.3	75	-3

16	Sep_25_2023	238.87	260.69	264.56	268.03	269.08	267.48	267(-0.35%)	UD	OpenLong	65	-0.2	7	-30	-22	95	0.97	88%	0.13	50.9	1.38%	-0.9	1.1	65	-1.5
17	Sep_22_2023	238.55	260.14	264.06	267.26	268.38	268.61	267.95(-0.49%)	N/A	N/A	0	0.1	-7	20	-39	91	1.05	88%	0.16	43.5	1.39%	-0.9	1.4	62	-1
18	Sep_21_2023	238.17	259.55	263.16	265.79	267.09	270.68	269.26(-0.92%)	UD	OpenLong	75	0.7	149	110	146	158	1.62	88%	0.17	31.1	1.39%	0.6	1.9	63	-0.9
19	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
20	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

21	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
22	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
23	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
24	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
25	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%		-25	1.39%	-0.3	0.4	53	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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