Trading Signals: BIIB Stock Price Prediction and Forecast

^ BIIB: Intraday Hourly Forecast Similar Waves GapOpen Research Timing Gains Losses Strategies Practice

Thu. Oct. 26, 2023

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

(Biogen Inc)
BIIB latest price $241.1600 (-2.3%) ($241.0100 - $241.1600) on Thu. Oct. 26, 2023.

Trend Analysis and Forecast

Average Daily Percentage Swing   1.12% (three month average)
RSI   27
Latest Price   $241.1600(-2.3%)
Stocks Behave Similarly   Similar Stock List
Daily Trend   BIIB declines -1.3% a day on average for past five trading days.
Weekly Trend   BIIB declines -2.8% a week on average for past two weeks.
Market Behavior   Broad based sell-off for large cap. Value stock rally for small cap.
Correlated ETFs   Broad market will support BIIB advance at 0% a week (0% probability)
IBB(73%)    XLV(65%)    SDY(63%)    IWD(62%)    IVE(61%)
Factors Impacting BIIB price   BIIB will decline at least -0.56% in a week (0% probabilities).
VXX(-44%)    VIXM(-32%)    UUP(-25%)    TBT(-9%)    BNDX(-5%)

Relative Volatility (options are extremely cheap)

Market Trend Strength   -0.56% (StdDev 1.12%)
Hourly BBV -1.3 ()
Intraday Trend 0%

Resistance Level   $258.24
5 Day Moving Average   $250.35(-3.67%)
10 Day Moving Average   $256.51(-5.98%)
20 Day Moving Average   $258.24(-6.61%)
To recent high   -12.2%
To recent low   0%
Market Cap   $38.176b

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 2.63% (three month std-dev: 1.12%) daily (68% of days).

Sample size 50 Average positive next day return: 1.95%(64%) Average negative next day return: -2.16%(36%) Sample size 50 Average positive next three day return: 3.74%(58%) Average negative next three day return: -2.89%(42%) Sample size 50 Average positive next weekly return: 3.95%(74%) Average negative next weekly return: -4.29%(26%)

Analysis News Options Weekly Chart Daily Chart 2 Month Daily Chart

> 20231126

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_26_2023	269.72	258.24	256.51	250.35	248.66	244.22	241.16(-2.3%)	DT	OpenShort	-75	-1.4	-353	-150	-372	-296	1.36	47%	-0.24	-28.5	1.12%	-1.3	-2.5	27	-1.1
2	Oct_25_2023	270.38	259.14	258.69	253.51	252.64	249.66	246.84(-2.05%)	DT	OpenShort	-75	-1.2	-238	-90	-246	-212	1.2	46%	-0.2	-20.6	1.1%	-1.6	-2.2	37	-0.8
3	Oct_24_2023	270.92	259.73	260.74	256.91	255.05	253.11	252.01(-0.86%)	DT	OpenShort	-75	-1	-192	-70	-209	-140	0.56	49%	-0.19	-8.4	1.13%	-0.8	-1.6	47	0.4
4	Oct_23_2023	271.43	260.09	262.03	260.01	257.98	255.61	254.2(-1.29%)	DT	OpenShort	-75	-1.2	-144	-90	-169	-68	0.67	49%	-0.18	10.9	1.13%	-1.4	-1.2	57	-0.7
5	Oct_20_2023	271.91	260.17	263.11	262.83	261.3	257	257.53(0.21%)	DP	OpenShort	-75	-1.1	-182	-130	-230	-37	1.94	50%	-0.17	29.6	1.12%	-0.7	-0.6	60	-1.3

6	Oct_19_2023	272.36	260.19	263.76	263.63	264.13	260.35	256.99(-2.6%)	DT	OpenShort	-75	-1.4	-210	-90	-269	-31	0.73	50%	-0.15	37.1	1.13%	-1.7	-0.7	52	-1.4
7	Oct_18_2023	272.77	260.32	264.18	264.54	265.26	265.61	263.84(-1.37%)	CR	SmallShort	-20	-0.2	-56	20	-94	60	0.96	54%	-0.13	46.6	1.09%	-2.4	0.8	60	-0.7
8	Oct_17_2023	273.13	260.15	263.56	265.09	264.72	267.91	267.5(-0.3%)	UD	OpenLong	75	0.5	157	80	153	169	0.43	57%	-0.02	55.7	1.08%	0.7	1.6	65	0.5
9	Oct_16_2023	273.18	259.57	262.03	264.42	264.38	264.91	268.31(2.6%)	UT	OpenLong	75	0.9	185	10	191	166	0.85	57%	-0.12	51.5	1.08%	1.8	2	64	0.8
10	Oct_13_2023	273.5	258.8	260.47	263.62	263.34	261.53	261.51(-0.01%)	N/A	N/A	0	-0.5	-95	-50	-136	28	0.6	53%	-0.14	46.5	1.03%	-0.6	0.7	62	-1.3

11	Oct_12_2023	273.87	258.47	260	263.98	264.03	263.85	261.55(-1.89%)	CR	SmallShort	-20	-0.6	-34	-0	-65	61	0.99	53%	-0.15	44.8	1.03%	-1.5	0.8	56	0.3
12	Oct_11_2023	274.29	258.2	259.57	263.66	264.18	265.15	266.59(0.92%)	UT	OpenLong	75	0.7	112	30	107	125	0.81	56%	-0.14	37.3	1.01%	1	2.1	60	0.4
13	Oct_10_2023	274.67	257.63	258.54	261.73	262.64	264.21	264.16(-0.05%)	UD	OpenLong	75	0.7	126	50	133	104	0.69	60%	-0.16	16.4	1.01%	1	1.9	52	0.2
14	Oct_9_2023	275.12	257.3	257.86	259.2	260.49	263.22	264.28(0.36%)	UT	OpenLong	75	1.6	186	90	212	106	0.39	60%	-0.16	-15.7	1.05%	1	2.2	60	-0.1
15	Oct_6_2023	275.57	256.96	256.85	256.85	257.3	261.06	263.32(1.29%)	UT	OpenLong	75	2.4	185	110	219	83	1.08	54%	-0.16	-55.7	1.13%	1.7	2.3	63	-0.7

16	Oct_5_2023	276	256.7	256.17	255.52	254.89	257.77	259.96(1.17%)	UT	OpenLong	75	1.7	182	70	218	72	0.53	52%	-0.18	-89	1.11%	1.7	1.3	57	-0.7
17	Oct_4_2023	276.49	256.74	256.01	255.52	254.03	253.53	256.94(2.16%)	UT	OpenLong	75	0.7	45	-20	58	5	1.03	50%	-0.19	-93	1.1%	1.9	0.1	51	-1
18	Oct_3_2023	277.01	257.06	256.37	254.96	254.42	252.01	251.5(-0.4%)	DT	OpenShort	-75	-1	-142	-70	-165	-74	0.56	46%	-0.23	-82.5	1.07%	-0.8	-1.6	44	-2.1
19	Oct_2_2023	277.64	257.79	256.92	256.28	255.78	254.52	252.52(-1.63%)	DT	OpenShort	-75	-1.1	-120	-40	-142	-53	0.52	46%	-0.21	-76	1.07%	-1.6	-1.6	41	-1.1
20	Sep_29_2023	278.23	258.5	257.08	256.69	256.92	256.82	256.7(-0.17%)	N/A	N/A	0	0	2	-0	3	-0	0.5	49%	-0.2	-63.6	1.07%	-0.7	-0.5	46	-1.3

21	Sep_28_2023	278.79	259.02	256.92	256.83	256.44	257.04	257.13(0.06%)	DP	OpenShort	-75	0.1	-5	10	-4	-9	0.41	49%	-0.21	-49.7	1.07%	0.4	-0.5	46	-0.9
22	Sep_27_2023	279.38	259.49	256.85	257.23	256.5	257.02	256.96(-0.44%)	N/A	N/A	0	-0.1	26	10	34	-0	0.5	49%	-0.21	-42.4	1.07%	0.9	-0.6	41	-1.6
23	Sep_26_2023	279.98	259.99	256.85	258.06	257.04	255.83	258.09(1.38%)	DP	OpenShort	-75	0	-33	-40	-33	-33	0.86	49%	-0.21	-31.1	1.07%	0.8	-0.4	38	-3
24	Sep_25_2023	280.56	260.33	256.75	257.71	258.05	255.99	254.58(-1.1%)	DT	OpenShort	-75	-0.7	-110	-50	-117	-88	0.56	46%	-0.24	-33.2	1.06%	-1.3	-1.2	28	-1.5
25	Sep_22_2023	281.23	260.83	257.15	257.45	258.5	258.25	257.4(-0.66%)	DT	OpenShort	-75	-0	-58	10	-51	-79	0.49	43%		-33.1	1.11%	-1.3	-0.7	30	-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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