Trading Signals: BIIB Stock Price Prediction and Forecast

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Wed. Apr. 26, 2023

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

(Biogen Inc)
BIIB latest price $288.0000 (2.31%) ($274.8900 - $288.0000) on Wed. Apr. 26, 2023.

Trend Analysis and Forecast

Average Daily Percentage Swing   1.45% (three month average)
RSI   56
Latest Price   $288.0000(2.31%)
Stocks Behave Similarly   Similar Stock List
Daily Trend   BIIB declines -0.3% a day on average for past five trading days.
Weekly Trend   BIIB advances 0.7% 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 BIIB advance at 0% a week (0% probability)
IBB(58%)    XBI(48%)    XLV(48%)    IWD(43%)    IWO(43%)
Factors Impacting BIIB price   BIIB will decline at least -0.725% in a week (0% probabilities).
VXX(-33%)    VIXM(-27%)    UUP(-22%)    TBT(-5%)    BNDX(-3%)

Relative Volatility (options are extremely cheap)

Market Trend Strength   -0.725% (StdDev 1.45%)
Hourly BBV -0.1 ()
Intraday Trend 0%

5 Day Moving Average   $289.29(-0.45%)
10 Day Moving Average   $290.16(-0.74%)
20 Day Moving Average   $285.56(0.85%)
To recent high   -2%
To recent low   12.7%
Market Cap   $45.59b

Biogen, Inc. is a biopharmaceutical company, which engages in discovering, developing, and delivering therapies for neurological and neurodegenerative diseases. It offers TECFIDERA, AVONEX, PLEGRIDY, TYSABRI, ZINBRYTA, and FAMPYRA for the treatment of multiple sclerosis; SPINRAZA for the treatment of spinal muscular atrophy; and FUMADERM for the treatment of severe plaque psoriasis. The company was founded by Charles Weissmann, Heinz Schaller, Kenneth Murray, Walter Gilbert, and Phillip Allen Sharp in 1978 and is headquartered in Cambridge, MA.

$. BIIB price fluctuates within 2.27% (three month std-dev: 1.45%) daily (68% of days).

Sample size 6 Average positive next day return: 0.47%(67%) Average negative next day return: -0.47%(33%) Sample size 6 Average positive next three day return: 1.61%(67%) Average negative next three day return: -2.71%(33%) Sample size 6 Average positive next weekly return: 2.43%(67%) Average negative next weekly return: -4.52%(33%)

Analysis News Options Weekly Chart Daily Chart 2 Month Daily Chart

> 20230526

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	Apr_26_2023	279.71	285.56	290.16	289.29	288.23	283.1	288(2.31%)	DP	OpenShort	-75	-0.2	-142	-140	-175	-41	1.82	44%	-0.01	81.5	1.45%	-0.1	0.4	56	0.8
2	Apr_25_2023	279.75	284.73	290.01	290.16	289.66	287.21	281.49(-3.99%)	DT	OpenShort	-75	-1.2	-229	-60	-285	-61	1.18	41%	-0.04	79.5	1.42%	-2	-0.4	61	0.5
3	Apr_24_2023	279.86	284.25	290.4	292.62	292.37	293.35	293.17(-0.19%)	UD	OpenLong	75	0.1	63	20	48	108	1.11	45%	-0.02	84.1	1.33%	0.6	1.1	70	1.4
4	Apr_21_2023	279.92	283.13	289.4	292.42	292.35	292.12	293.72(1.25%)	UT	OpenLong	75	0.2	56	-10	38	111	0.64	48%	-0.03	86.7	1.34%	1.3	1.3	69	1.5
5	Apr_20_2023	280	281.77	288.68	291.24	292.12	291.4	290.09(-0.76%)	UD	OpenLong	65	-0.1	1	-10	-29	92	0.35	50%	-0.05	80.5	1.35%	-1.6	1	70	1.3

6	Apr_19_2023	280.15	280.37	288.1	291.15	291.46	292.58	292.32(-0.5%)	UD	OpenLong	75	0.1	45	30	18	127	0.33	50%	0	73.3	1.36%	0.2	1.3	74	1.6
7	Apr_18_2023	280.14	279.09	286.44	289.85	290.52	292.84	293.8(0.56%)	UT	HoldLong	65	0.4	151	60	143	175	0.67	48%	0.01	72.6	1.37%	1.1	1.6	79	1.6
8	Apr_17_2023	280.12	277.78	284.78	287.83	288.63	290.33	292.17(1.51%)	UT	HoldLong	65	0.5	144	50	137	166	0.58	48%	-0.05	75.8	1.39%	1.4	1.7	78	1.5
9	Apr_14_2023	280.26	276.31	283.34	285.96	286.26	288.21	287.82(-0.63%)	UD	OpenLong	75	0.2	90	50	74	139	0.41	46%	0.03	76.1	1.38%	-0.1	1.3	75	1.5
10	Apr_13_2023	280.18	275.18	282.08	285.77	285.05	286.93	289.65(1.34%)	UT	HoldLong	65	0.5	127	40	113	168	0.72	46%	-0.05	81.2	1.39%	1.7	1.7	81	1.4

11	Apr_12_2023	280.32	273.78	280.51	284.65	284.42	284.31	285.83(0.76%)	UT	HoldLong	65	0.1	95	-10	72	165	0.61	46%	-0.07	79.9	1.38%	0.7	1.5	82	1.2
12	Apr_11_2023	280.53	272.58	278.97	282.48	283.54	283.17	283.67(0.29%)	UT	OpenLong	75	0.2	33	0	2	126	0.56	46%	-0.06	73.3	1.38%	-0.3	1.4	69	1.3
13	Apr_10_2023	280.71	271.33	277.62	281.19	281.45	284.54	282.84(-1.4%)	UD	OpenLong	75	0.2	77	80	56	140	0.48	49%	-0.15	61.5	1.39%	-0.7	1.5	66	1.4
14	Apr_6_2023	281.14	269.98	276.39	280.23	280.14	283.92	286.85(0.99%)	UT	OpenLong	75	0.8	247	90	255	224	0.74	53%	-0.05	48.7	1.41%	1.2	2.1	75	0.4
15	Apr_5_2023	281.27	268.58	274.28	277.85	277.96	278.36	284.04(3.29%)	UT	OpenLong	75	0.9	122	10	114	147	1.01	53%	-0.06	41	1.45%	1.9	2.2	69	0.4

16	Apr_4_2023	281.43	267.5	271.99	275.88	276.26	276.35	274.98(-0.82%)	N/A	N/A	0	-0.1	-7	10	-34	76	0.38	50%	-0.09	31.5	1.39%	-1.6	1.2	67	0.3
17	Apr_3_2023	281.68	266.96	271.17	274.9	276.07	277.55	277.24(-0.28%)	UD	OpenLong	75	0.4	107	50	99	129	0.57	50%	-0.05	24.4	1.39%	-0.1	1.7	69	0.1
18	Mar_31_2023	281.81	266.55	270.24	273.43	274.15	276.16	278.03(1.12%)	UT	OpenLong	75	0.8	112	60	105	134	1.2	50%	-0.05	20.5	1.4%	1.5	2.1	74	0.1
19	Mar_30_2023	281.94	266.06	268.71	271.94	272.25	274.59	274.95(0.27%)	UT	OpenLong	75	0.6	125	60	120	140	0.44	50%	-0.02	15.4	1.4%	1.4	1.8	74	-0.1
20	Mar_29_2023	282.01	265.68	267.7	270.15	271.16	272.14	274.2(1.53%)	UT	OpenLong	75	0.8	138	40	137	141	0.43	50%	-0.05	2.7	1.4%	1.8	1.7	66	-0.2

21	Mar_28_2023	282.15	265.55	266.47	267.54	269.11	269.92	270.06(0.06%)	UT	OpenLong	75	0.5	46	40	35	77	0.32	48%	-0.05	-12.1	1.37%	-0.1	1	56	-0.3
22	Mar_27_2023	282.3	265.49	265.68	266.85	267.26	270.18	269.91(-0.25%)	UD	OpenLong	75	0.7	88	80	88	89	0.61	48%	-0.04	-18.6	1.37%	0.7	1	55	-0.5
23	Mar_24_2023	282.41	265.41	264.55	266.56	266.47	268.29	270.59(1.72%)	UT	OpenLong	75	0.9	146	50	162	98	0.71	48%	-0.04	-29.2	1.39%	2.4	1.1	48	-0.6
24	Mar_23_2023	282.52	265.3	263.07	265.04	265.93	264.33	266(1.86%)	UT	OpenLong	75	0.2	4	-30	5	1	0.48	46%	-0.05	-40.2	1.38%	-0.7	0.2	44	-0.8
25	Mar_22_2023	282.65	265.55	262.44	264.92	265.19	264.65	261.13(-2.06%)	DT	OpenShort	-75	-0.8	-108	-10	-122	-65	0.53	44%		-46.7	1.36%	-1.5	-0.9	41	-0.8
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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