Trading Signals: BMRN Stock Price Prediction and Forecast

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

Wed. Dec. 14, 2022

Trading Signals: BMRN Stock Price Prediction and Forecast (Fri. Mar. 14, 2014 - Fri. Oct. 27, 2023)

(Biomarin Pharmaceutical Inc)
BMRN latest price $108.4000 (1.11%) ($108.4000 - $108.4000) on Wed. Dec. 14, 2022.

Trend Analysis and Forecast

Average Daily Percentage Swing   2.11% (three month average)
RSI   71
Latest Price   $108.4000(1.11%)
Stocks Behave Similarly   Similar Stock List
Daily Trend   BMRN advances 0.9% a day on average for past five trading days.
Weekly Trend   BMRN advances 3.6% a week on average for past two weeks.
Market Behavior   Broad based sell-off for large cap. Value stock sell-off for small cap.
Correlated ETFs   Broad market will support BMRN advance at 0% a week (0% probability)
IBB(41%)    DIA(36%)    IWD(35%)    IWM(34%)    IWO(34%)
Factors Impacting BMRN price   BMRN will decline at least -1.055% in a week (0% probabilities).
VXX(-25%)    SHY(-9%)    UNG(-8%)    GLD(-5%)    BNDX(-4%)
Explanation The rally is not sustainable and not supported by the broad market.

Relative Volatility (options are extremely cheap)

Market Trend Strength   -1.055% (StdDev 2.11%)
Hourly BBV 1.3 ()
Intraday Trend 0%

5 Day Moving Average   $105.78(2.48%)
10 Day Moving Average   $104.8(3.44%)
20 Day Moving Average   $99.42(9.03%)
To recent high   0%
To recent low   33.9%
Market Cap   $19.636b

BioMarin Pharmaceutical, Inc. is a biotechnology company, which develops and commercializes therapies for people with serious and life-threatening rare diseases and medical conditions. Its products include Aldurazyme, Brineura, Kuvan, Naglazyme, Palynziq and Vimizim. The company was founded by Christopher M. Starr and Grant W. Denison on March 21, 1997 and is headquartered in San Rafael, CA.

$. BMRN price fluctuates within 7.01% (three month std-dev: 2.11%) daily (68% of days).

Sample size 50 Average positive next day return: 2.79%(38%) Average negative next day return: -1.88%(62%) Sample size 50 Average positive next three day return: 4.75%(52%) Average negative next three day return: -3.27%(48%) Sample size 50 Average positive next weekly return: 5.98%(44%) Average negative next weekly return: -4.08%(56%)

Analysis News Options Weekly Chart Daily Chart 2 Month Daily Chart

> 20230114

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	Dec_14_2022	90.79	99.42	104.8	105.78	106.11	107.8	108.4(1.11%)	UT	OpenLong	75	0.4	66	120	47	122	1.33	64%	0.25	83.5	2.11%	1.3	1.3	71	-0.4
2	Dec_13_2022	90.56	98.32	104.06	104.86	105.13	106.75	107.21(0.86%)	UT	HoldLong	65	0.3	94	120	76	148	1.55	60%	0.24	82	2.11%	1.4	1.2	77	-0.4
3	Dec_12_2022	90.34	97.21	103.09	103.88	104.28	104.42	106.3(3.65%)	UT	HoldLong	65	0.3	65	20	40	140	1.52	58%	0.24	78.5	2.18%	2.3	1.2	79	-1.9
4	Dec_9_2022	90.12	96.02	102.31	103.32	103.28	103.51	102.55(-1.84%)	UD	OpenLong	65	-0.1	16	10	-24	136	0.81	55%	0.19	73.8	2.18%	-1.3	0.9	78	-0.8
5	Dec_8_2022	89.95	95.08	101.8	103.96	103.52	104.15	104.47(0.66%)	UT	HoldLong	65	0.1	68	30	24	198	0.57	55%	0.21	73.8	2.16%	1.5	1.2	82	-0.1

6	Dec_7_2022	89.76	93.92	101.14	103.64	103.83	103.06	103.79(1.46%)	UT	HoldLong	65	0	66	-50	12	227	1	57%	0.2	69.6	2.17%	0.7	1.2	83	-0.5
7	Dec_6_2022	89.58	92.8	99.95	103.12	103.61	102.89	102.3(-1.15%)	UD	OpenLong	65	-0.1	36	-30	-26	223	0.65	57%	0.19	64.8	2.19%	-1.4	1.2	81	-0.2
8	Dec_5_2022	89.41	91.75	98.64	102.09	103.33	104.61	103.48(-2.14%)	UD	OpenLong	75	0.2	91	120	37	251	0.81	57%	0.19	58.7	2.18%	-0.2	1.4	85	0.5
9	Dec_2_2022	89.24	90.67	97.16	101.08	101.74	104.33	105.74(2.75%)	UT	HoldLong	65	0.6	140	200	92	283	1.94	57%	0.21	54.7	2.18%	1.5	1.9	92	0.6
10	Dec_1_2022	89.05	89.56	95.31	99.34	100.03	102.05	102.91(1.73%)	UT	HoldLong	65	0.5	142	160	97	276	1.56	55%	0.17	53.2	2.17%	1.7	1.9	86	0.8

11	Nov_30_2022	88.9	88.58	93.6	98.32	98.55	99.14	101.16(4.13%)	UT	HoldLong	65	0.4	112	50	60	269	1.75	55%	0.15	48.8	2.15%	1.9	2	87	0.9
12	Nov_29_2022	88.77	87.78	92.09	96.33	97.53	98.02	97.15(-1.33%)	UD	OpenLong	75	0.1	94	70	40	254	1.29	53%	0.11	41.1	2.1%	-1	1.6	84	1.4
13	Nov_28_2022	88.67	87.2	90.84	94.59	96.09	97.96	98.46(1.5%)	UT	HoldLong	65	0.7	125	180	81	255	1.79	53%	0.1	32.4	2.09%	0.4	2.1	87	1.4
14	Nov_25_2022	88.58	86.55	89.2	92.56	93.47	97.04	97(-0.83%)	UD	OpenLong	75	1	148	300	119	236	0.73	53%	0.12	21.7	2.1%	0	2.3	82	1.3
15	Nov_23_2022	88.47	85.94	87.79	90.65	91.25	94.21	97.82(7.19%)	UT	OpenLong	75	1.8	178	250	165	218	4.64	53%	0.14	8	2.09%	1.4	3	73	1.4

16	Nov_22_2022	88.35	85.55	86.04	88.26	88.72	89.89	91.25(3.18%)	UT	OpenLong	75	0.9	92	110	76	140	1.11	47%	0.03	-5.5	1.9%	3.6	1.8	66	1.3
17	Nov_21_2022	88.32	85.5	85.02	87.26	87.36	88.28	88.44(0.17%)	UT	OpenLong	75	0.4	51	80	38	89	0.89	44%	0.03	-11.1	1.86%	1	0.9	52	1.6
18	Nov_18_2022	88.29	85.53	84.3	86.49	86.82	87.56	88.29(0.97%)	UT	OpenLong	75	0.6	61	70	60	64	0.81	44%	0.07	-16.1	1.86%	1.3	0.9	52	2.1
19	Nov_17_2022	88.23	85.58	83.67	85.26	85.93	86.43	87.44(1.83%)	UT	OpenLong	75	0.7	33	60	39	14	1.02	44%	0.05	-23.2	1.87%	1.4	0.6	49	2.4
20	Nov_16_2022	88.19	85.62	83.36	84.44	84.72	86.08	85.87(-0.48%)	N/A	N/A	0	0.4	30	120	42	-6	0.78	44%	0.02	-30.8	1.85%	0.6	0.1	49	2.5

21	Nov_15_2022	88.17	85.73	83.16	83.45	84.03	85.43	86.28(2.01%)	RB	SmallLong	20	0.8	60	140	91	-35	0.97	44%	0.02	-39.4	1.86%	1	0.2	35	1.8
22	Nov_14_2022	88.15	85.85	83.12	82.44	82.67	83.36	84.58(2.97%)	N/A	N/A	0	0.6	8	70	42	-93	1.84	41%	-0.03	-45.6	1.86%	1.3	-0.4	32	2.3
23	Nov_11_2022	88.18	86.06	83.26	81.81	81.83	82.63	82.14(-1.42%)	DP	OpenShort	-65	0.1	-17	70	21	-130	1.02	38%	-0.02	-49.6	1.82%	0.1	-1.2	32	2.6
24	Nov_10_2022	88.2	86.34	83.71	81.84	81.65	81.97	83.32(2.95%)	DP	OpenShort	-65	0.4	-17	20	25	-141	1.13	38%	0.02	-51.9	1.82%	1.8	-0.9	33	0.9
25	Nov_9_2022	88.18	86.65	83.95	82.16	81.44	81.03	80.93(-0.37%)	DT	OpenShort	-75	-0.4	-70	-60	-35	-175	1.1	34%		-54.1	1.77%	-1.1	-1.7	30	-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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