Trading Signals: AMGN Stock Price Prediction and Forecast

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Fri. Dec. 22, 2023

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

(Amgen)
AMGN latest price $284.5600 (1.86%) ($284.5600 - $284.5600) on Fri. Dec. 22, 2023.

Trend Analysis and Forecast

Average Daily Percentage Swing   1.39% (three month average)
RSI   64
Latest Price   $284.5600(1.86%)
Stocks Behave Similarly   Similar Stock List
Daily Trend   AMGN advances 0.7% a day on average for past five trading days.
Weekly Trend   AMGN advances 1.5% a week on average for past two weeks.
Market Behavior   Value stock rally for large cap. Broad based rally for small cap.
Correlated ETFs   Broad market will support AMGN advance at 0% a week (0% probability)
SPLV(95%)    XLP(93%)    XLU(88%)    XLV(86%)    XAR(83%)
Factors Impacting AMGN price   AMGN will decline at least -0.695% in a week (0% probabilities).
UUP(-12%)    XHB(-8%)    USO(-8%)    URA(-8%)    TIP(-6%)
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 0 ()
Intraday Trend 0%

5 Day Moving Average   $278.74(2.09%)
10 Day Moving Average   $277.42(2.57%)
20 Day Moving Average   $273.54(4.03%)
To recent high   -1%
To recent low   11.3%
Market Cap   $166.866b

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 1.9% (three month std-dev: 1.39%) daily (68% of days).

Sample size 50 Average positive next day return: 1.24%(58%) Average negative next day return: -1.47%(42%) Sample size 50 Average positive next three day return: 1.41%(56%) Average negative next three day return: -2.85%(44%) Sample size 50 Average positive next weekly return: 2.03%(54%) Average negative next weekly return: -3.62%(46%)

Analysis News Options Weekly Chart Daily Chart 2 Month Daily Chart

> 20240122

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_22_2023	267.21	273.54	277.42	278.74	279.27	281.62	284.56(1.86%)	UT	OpenLong	75	1.1	199	60	215	149	0.64	47%	0.2	69.5	1.39%	0	2.1	64	1.4
2	Dec_21_2023	266.67	272.57	275.86	276.91	277.12	277.2	279.37(1.33%)	UT	OpenLong	75	0.5	40	0	34	58	1.85	44%	0.19	64.5	1.37%	0.8	1.5	60	0.6
3	Dec_20_2023	266.16	271.83	275.06	276.29	276.17	276.92	275.71(-0.87%)	N/A	N/A	0	-0.1	-1	20	-13	37	1.28	49%	0.17	52.4	1.37%	-0.8	0.8	60	0.3
4	Dec_19_2023	265.72	271.18	274.48	277.35	276.31	277.04	278.12(0.78%)	UT	OpenLong	75	0.2	53	10	46	74	1.23	49%	0.17	49.2	1.41%	0.9	1.4	67	0.7
5	Dec_18_2023	265.27	270.51	273.76	276.51	277.05	275.42	275.96(0.21%)	UT	OpenLong	75	-0.1	23	-40	10	61	1.44	49%	0.15	44.1	1.41%	-0	1.1	67	0.8

6	Dec_15_2023	264.87	269.98	273.43	275.81	276.5	275.58	275.39(-0.32%)	N/A	N/A	0	-0.1	-61	-20	-91	28	8.73	49%	0.15	39.1	1.41%	-0.7	1.1	68	0.8
7	Dec_14_2023	264.47	269.63	273.08	274.55	275.9	278.69	276.28(-1.69%)	UD	OpenLong	75	0.4	91	90	88	99	1.9	52%	0.16	38.1	1.41%	-0.6	1.5	66	1.6
8	Dec_13_2023	264.06	269.42	272.42	273.58	274.08	277.43	281.02(2.59%)	UT	HoldLong	65	1.7	201	90	217	151	1.51	54%	0.17	33.5	1.41%	2.8	2.7	76	1.4
9	Dec_12_2023	263.6	268.79	270.94	271.25	271.66	273.11	273.92(0.54%)	UT	OpenLong	75	0.8	108	40	112	97	2.56	50%	0.15	23	1.39%	1.1	1.5	73	1.6
10	Dec_11_2023	263.21	268.41	270.14	270.69	270.56	270.74	272.46(1.26%)	UT	OpenLong	75	0.6	35	0	26	60	1.93	50%	0.14	10.9	1.39%	0.6	1.3	64	1.4

11	Dec_8_2023	262.84	268.15	269.34	270.77	270.22	270.22	269.07(-0.86%)	N/A	N/A	0	-0.6	-13	-10	-30	38	2.57	53%	0.14	8.8	1.39%	-0.6	0.3	58	1.2
12	Dec_7_2023	262.48	267.92	269.04	271.36	271.18	270.38	271.41(0.74%)	UT	OpenLong	75	0	16	-20	4	53	1.4	56%	0.15	9.3	1.4%	0.7	1.1	53	1
13	Dec_6_2023	262.08	267.96	268.36	271.02	271.34	270.23	269.41(-0.63%)	N/A	N/A	0	-0.5	-43	-30	-61	12	1.65	53%	0.14	23.6	1.42%	-0.8	0.4	42	1.2
14	Dec_5_2023	261.71	268.02	267.7	270.49	271.43	271.98	271.11(-0.64%)	UD	OpenLong	75	0.2	16	20	12	26	0.92	53%	0.16	40	1.44%	-0.1	0.9	51	1.3
15	Dec_4_2023	261.28	268.07	267.07	269.43	270.35	272.44	272.85(0.31%)	UT	OpenLong	75	1	87	60	100	49	1.21	53%	0.18	43.4	1.45%	1.4	1.4	59	1.4

16	Dec_1_2023	260.82	267.88	266.26	267.69	268.58	270.88	272.01(0.85%)	UT	OpenLong	75	1.3	114	70	137	46	1.29	53%	0.17	42.7	1.46%	1.5	1.2	56	1.3
17	Nov_30_2023	260.37	267.61	265.87	266.42	266.61	268.25	269.72(1.1%)	UT	OpenLong	75	1	78	50	95	25	1.22	53%	0.17	30.3	1.45%	1.4	0.7	59	1.4
18	Nov_29_2023	259.92	267.18	266.09	265.37	265.59	266.27	266.78(0.38%)	UT	OpenLong	75	0.4	49	20	64	3	1.26	55%	0.16	4.6	1.45%	1.1	-0.1	41	1.3
19	Nov_28_2023	259.5	266.69	266.36	264.49	264.88	264.97	265.77(0.61%)	N/A	N/A	0	0.3	6	10	16	-26	1.02	55%	0.16	-23.5	1.45%	0.7	-0.2	43	1.5
20	Nov_27_2023	259.08	266.58	266.47	264.34	264.26	264.91	264.17(-0.55%)	DT	OpenShort	-75	-0	-13	20	-2	-44	0.88	55%	0.18	-34.8	1.45%	-0	-0.6	39	1.3

21	Nov_24_2023	258.62	266.46	266.84	264.57	264.47	264.8	265.64(0.43%)	N/A	N/A	0	0.2	17	10	33	-31	0.66	55%	0.29	-50	1.45%	0	-0.2	45	1.4
22	Nov_22_2023	257.87	266.66	266.72	265.27	264.66	263.62	264.52(0.83%)	DP	OpenShort	-75	-0.2	-55	-30	-52	-65	1.65	55%	0.02	-55.7	1.44%	0.2	-0.5	49	1.2
23	Nov_21_2023	257.81	267.03	267.56	266.99	265.87	264.14	262.35(-1%)	DT	OpenShort	-75	-0.9	-101	-60	-115	-58	1.52	55%	0.15	-52.7	1.45%	-1.7	-0.9	55	1.3
24	Nov_20_2023	257.43	267.71	268.47	268.51	268.42	265.71	265(-0.14%)	DT	OpenShort	-75	-0.7	-74	-70	-93	-15	1.55	55%	0.17	-51.6	1.44%	-0.8	-0.5	63	1.4
25	Nov_17_2023	257	268.1	269.26	268.86	269.66	267.6	265.36(-1.39%)	DT	OpenShort	-75	-0.6	-97	-40	-126	-11	1.84	55%		-57.3	1.45%	-1.3	-0.5	53	1.5
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