Trading Signals: AMGN Stock Price Prediction and Forecast

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Fri. Apr. 23, 2021

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

(Amgen)
AMGN latest price $257.7700 (1.12%) ($257.7700 - $257.7700) on Fri. Apr. 23, 2021.

Trend Analysis and Forecast

Average Daily Percentage Swing   1.17% (three month average)
RSI   59
Latest Price   $257.7700(1.12%)
Stocks Behave Similarly   Similar Stock List
Daily Trend   AMGN advances 0.1% a day on average for past five trading days.
Weekly Trend   AMGN advances 1.7% 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)
SPLV(33%)    XLV(33%)    DIA(32%)    SDY(29%)    IVE(28%)
Factors Impacting AMGN price   AMGN will decline at least -0.585% in a week (0% probabilities).
VIXM(-15%)    UUP(-6%)    TLT(-2%)    MCHI(-1%)    KWEB(-1%)
Explanation The rally is not sustainable and not supported by the broad market.

Relative Volatility (options are extremely cheap)

Market Trend Strength   -0.585% (StdDev 1.17%)
Hourly BBV 0.5 ()
Intraday Trend 0%

Inflection Point   Yes
5 Day Moving Average   $257.34(0.17%)
10 Day Moving Average   $254.83(1.15%)
20 Day Moving Average   $252.41(2.12%)
To recent high   -0.6%
To recent low   16%
Market Cap   $151.156b

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 1.53% (three month std-dev: 1.17%) daily (68% of days).

Sample size 24 Average positive next day return: 0.7%(71%) Average negative next day return: -0.79%(29%) Sample size 24 Average positive next three day return: 1.14%(67%) Average negative next three day return: -1.28%(33%) Sample size 24 Average positive next weekly return: 1.55%(63%) Average negative next weekly return: -1.8%(38%)

Analysis News Options Weekly Chart Daily Chart 2 Month Daily Chart

> 20210523

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_23_2021	238.7	252.41	254.83	257.34	258.09	256.79	257.77(1.12%)	UT	HoldLong	50	0.1	10	-30	-14	83	1.75	49%	0.14	73.2	1.17%	0.5	1.4	59	1.2
2	Apr_22_2021	238.37	251.83	253.98	257.01	257.39	257.59	254.91(-1.51%)	CR	SmallShort	-20	-0.5	-50	10	-84	53	2.83	49%	0.12	72.5	1.17%	-1.7	0.8	61	0.8
3	Apr_21_2021	238.08	251.37	253.18	257.04	257.64	259.4	258.81(-0.24%)	UD	OpenLong	75	0.4	136	50	135	138	1.48	51%	0.15	71.9	1.16%	0.4	1.9	67	1.7
4	Apr_20_2021	237.73	250.68	252.09	255.21	256.57	257.2	259.43(1.42%)	UT	OpenLong	75	1.1	130	30	134	116	1.24	53%	0.16	69.1	1.16%	1.6	2.3	69	1
5	Apr_19_2021	237.34	250.13	250.95	253.28	254.08	255.88	255.8(-0.12%)	UD	OpenLong	75	0.8	41	60	40	45	2.03	51%	0.14	85.3	1.17%	-0.4	1.8	49	1.3

6	Apr_16_2021	237.02	249.62	250.52	251.93	252.79	255.93	256.12(0.41%)	UT	OpenLong	75	1.4	189	100	218	103	1.68	51%	0.08	101.6	1.17%	0.7	2.1	56	1.8
7	Apr_15_2021	236.82	249.07	249.76	250.53	250.76	252.27	255.07(2.17%)	UT	OpenLong	75	1.6	138	40	161	69	1.74	53%	0.16	121.6	1.18%	0.3	2.2	63	1.8
8	Apr_14_2021	236.45	248.5	249.14	248.79	249.27	249.64	249.64(-0.06%)	UD	OpenLong	75	0.3	31	20	38	8	1.75	53%	0.13	136.2	1.17%	0.2	0.4	58	1.4
9	Apr_13_2021	236.14	248.07	249.1	248.49	248.5	249.25	249.8(0.31%)	UT	OpenLong	75	0.4	23	20	28	7	1.32	53%	0.12	128.3	1.19%	0.3	0.6	59	1.7
10	Apr_12_2021	235.85	247.41	249.54	248.26	248.02	248.91	249.02(-0.04%)	UD	OpenLong	75	0.2	34	20	39	19	1.72	53%	0.11	106.1	1.19%	1.4	0.4	50	1.8

11	Apr_9_2021	235.58	246.57	249.77	248.89	248.22	247.76	249.11(1.1%)	UT	OpenLong	75	0	16	-20	12	27	0.93	53%	0.11	86.4	1.18%	1	0.5	56	1.5
12	Apr_8_2021	235.33	245.74	249.53	248.88	248.8	247.13	246.4(-0.69%)	DT	OpenShort	-75	-0.4	-65	-50	-83	-10	1.14	55%	0.09	82.1	1.18%	-1.4	0.1	53	1.5
13	Apr_7_2021	235.13	244.99	249.52	249.52	249.3	248.69	248.11(-0.23%)	DT	OpenShort	-75	-0.2	-66	-20	-87	-1	1.58	55%	0.07	79.8	1.2%	-1.8	0.4	58	1.4
14	Apr_6_2021	234.97	244.09	249.29	249.75	249.74	250.48	248.67(-1.39%)	UD	OpenLong	75	-0.1	28	20	19	54	2.02	58%	0.06	76.4	1.2%	-0.8	0.6	64	1.2
15	Apr_5_2021	234.84	243.15	249.36	250.98	249.64	249.9	252.18(1.26%)	UT	OpenLong	75	0.1	41	-10	23	95	2.23	60%	0.06	77.2	1.22%	1.5	1.1	74	1.3

16	Apr_1_2021	234.71	241.94	248.72	250.84	250.27	248.99	249.04(-0.22%)	UD	OpenLong	65	-0.2	2	-40	-32	102	2.05	58%	0.04	70.3	1.22%	-0.6	0.8	77	1.3
17	Mar_31_2021	234.62	240.65	248.38	250.27	251.07	249.38	249.58(0.13%)	N/A	N/A	0	-0.1	-17	-40	-60	112	1.97	58%	0.03	64.1	1.23%	-0.8	0.9	76	1.2
18	Mar_30_2021	234.54	239.42	247.85	249.46	250.14	251.55	249.26(-2.18%)	UD	OpenLong	65	-0	23	50	-19	148	1.96	58%	0.06	58.8	1.24%	-0.6	1	77	1.2
19	Mar_29_2021	234.39	238.24	247	248.65	249.11	252.76	254.82(1.31%)	UT	HoldLong	65	0.6	240	110	230	269	2.45	62%	0.1	54.2	1.2%	1.3	1.7	87	1
20	Mar_26_2021	234.15	236.82	245.1	247.55	246.92	248.72	251.52(2.17%)	UT	HoldLong	65	0.4	181	40	159	248	1.89	60%	0.09	52.1	1.19%	2.2	1.6	86	1.4

21	Mar_25_2021	233.94	235.46	243.06	246.4	246.36	245.46	246.17(0.26%)	UT	HoldLong	65	-0	63	-30	20	191	2.71	58%	0.07	48.7	1.18%	0.9	1.2	84	1.1
22	Mar_24_2021	233.78	234.51	241.65	246.26	246.18	245.13	245.54(0.13%)	N/A	N/A	0	-0.1	-27	-30	-91	167	2.24	58%	0.12	47.9	1.19%	-1	1.3	87	1
23	Mar_23_2021	233.51	233.68	240.15	245.96	246.29	247.27	245.21(-1.65%)	UD	OpenLong	75	-0.1	68	30	16	224	1.83	58%	0.11	46.7	1.19%	-0.4	1.4	81	1.1
24	Mar_22_2021	233.25	232.99	238.55	244.95	245.99	247.24	249.33(1.45%)	UT	HoldLong	65	0.6	192	50	161	286	1.3	56%	0.14	46	1.17%	2	2.1	85	1.9
25	Mar_19_2021	232.92	232.01	236.46	242.21	243.7	245.3	245.76(0.12%)	UT	HoldLong	65	0.5	135	60	103	231	12.57	54%		38	1.21%	0.6	2.1	78	1.6
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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