Trading Signals: BIIB Stock Price Prediction and Forecast

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

Fri. Dec. 22, 2023

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

(Biogen Inc)
BIIB latest price $257.3200 (1.41%) ($254.7850 - $257.3200) on Fri. Dec. 22, 2023.

Trend Analysis and Forecast

Average Daily Percentage Swing   1.63% (three month average)
RSI   74
Latest Price   $257.3200(1.41%)
Stocks Behave Similarly   Similar Stock List
Daily Trend   BIIB advances 0.7% a day on average for past five trading days.
Weekly Trend   BIIB advances 3.4% 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 BIIB advance at 0% a week (0% probability)
GDX(91%)    SDY(91%)    GDXJ(90%)    BLOK(89%)    EWP(84%)
Factors Impacting BIIB price   BIIB will decline at least -0.815% in a week (0% probabilities).
VXX(-73%)    VIXM(-51%)    UUP(-41%)    BNDX(-21%)    TBT(4%)
Explanation The rally is not sustainable and not supported by the broad market.

Relative Volatility (options are extremely cheap)

Market Trend Strength   -0.815% (StdDev 1.63%)
Hourly BBV 0 ()
Intraday Trend 0%

5 Day Moving Average   $252.36(1.97%)
10 Day Moving Average   $251.82(2.18%)
20 Day Moving Average   $243(5.89%)
To recent high   -4.1%
To recent low   15.6%
Market Cap   $40.734b

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 4.13% (three month std-dev: 1.63%) daily (68% of days).

Sample size 50 Average positive next day return: 1.26%(50%) Average negative next day return: -1.19%(50%) Sample size 50 Average positive next three day return: 1.87%(50%) Average negative next three day return: -3.59%(50%) Sample size 50 Average positive next weekly return: 2.07%(44%) Average negative next weekly return: -4%(56%)

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	252.05	243	251.82	252.36	252.61	254.7	257.32(1.41%)	UT	OpenLong	75	0.5	156	60	147	184	0.22	47%	-0.04	57.6	1.63%	0	1.4	74	1.4
2	Dec_21_2023	252.16	241.71	250.1	250.52	251.14	251.09	253.75(2.18%)	UT	OpenLong	75	0.3	61	10	36	135	0.94	47%	-0.07	56.3	1.63%	2.2	1.2	69	0.6
3	Dec_20_2023	252.34	240.56	248.7	251.08	249.99	250.53	248.33(-1.3%)	N/A	N/A	0	-0.3	-16	0	-59	115	0.74	47%	-0.08	61	1.6%	-1	0.8	67	0.3
4	Dec_19_2023	252.55	239.63	247.38	252.48	251.65	251.2	251.59(0.31%)	UT	OpenLong	75	-0.1	73	-20	40	173	0.55	48%	-0.08	67.9	1.61%	0.9	1.3	73	0.7
5	Dec_18_2023	252.74	238.53	245.31	252.01	252.59	249.45	250.82(1.1%)	N/A	N/A	0	-0.1	-20	-80	-70	132	0.98	48%	-0.06	73.1	1.62%	-0.6	1.3	75	0.8

6	Dec_15_2023	252.89	237.36	243.55	251.09	252.2	252.1	248.09(-3.31%)	N/A	N/A	0	-0.3	-41	10	-96	124	3.66	48%	-0.06	74.4	1.62%	-1.2	1.2	72	0.8
7	Dec_14_2023	253.03	236.39	242.19	249.41	251.74	255.74	256.58(0.5%)	UT	HoldLong	65	0.8	215	140	206	242	1.91	51%	-0.04	73.9	1.57%	0.8	2.3	76	1.6
8	Dec_13_2023	253.12	234.94	239.83	245.92	247.62	252.31	255.31(2.43%)	UT	HoldLong	65	1.3	244	150	247	235	0.76	51%	-0.06	72	1.56%	1.8	2.7	76	1.4
9	Dec_12_2023	253.26	233.34	237.37	241.58	243.57	247.74	249.26(1.23%)	UT	OpenLong	75	1.3	242	140	254	206	0.85	49%	-0.11	52.7	1.54%	1.5	2.6	74	1.6
10	Dec_11_2023	253.54	231.98	235.13	237.66	239.65	242.94	246.23(2.74%)	UT	OpenLong	75	1.6	197	120	212	150	1.17	49%	-0.13	18.2	1.53%	1.5	2.7	71	1.4

11	Dec_8_2023	253.86	230.86	233.3	234.97	235.52	239.4	239.65(0.21%)	UT	OpenLong	75	1.1	133	120	143	101	0.67	46%	-0.14	-21.3	1.49%	1.1	2.1	69	1.2
12	Dec_7_2023	254.22	230.08	232.48	233.9	233.77	236.37	239.14(2.37%)	UT	OpenLong	75	1.4	170	80	189	114	0.85	46%	-0.15	-51.2	1.49%	1.4	2.3	64	1
13	Dec_6_2023	254.61	229.69	231.6	232.87	232.56	231.65	233.6(1.7%)	UT	OpenLong	75	0.2	28	-30	23	42	0.6	43%	-0.17	-78.5	1.46%	0.7	1.2	58	1.2
14	Dec_5_2023	255.04	230.18	231.21	232.53	232.35	231.17	229.7(-1.31%)	CR	SmallShort	-20	-0.6	-66	-40	-89	4	0.6	41%	-0.19	-49.8	1.44%	-1.3	-0.1	62	1.3
15	Dec_4_2023	255.53	231.02	231.27	232.07	232.91	233.47	232.75(-0.66%)	UD	OpenLong	75	0.1	38	30	30	60	0.95	41%	-0.18	-32.8	1.44%	-0.7	0.3	71	1.4

16	Dec_1_2023	256	231.77	230.79	231.24	231.59	233.53	234.3(0.14%)	UT	OpenLong	75	0.4	73	60	73	74	0.51	41%	-0.17	-21.8	1.45%	0.8	0.3	67	1.3
17	Nov_30_2023	256.44	232.08	230.26	230.81	230.17	232.35	233.98(0.88%)	UT	OpenLong	75	0.4	98	60	100	90	1.49	41%	-0.17	-22.2	1.44%	1	0.2	67	1.4
18	Nov_29_2023	256.88	232.31	229.75	230.23	230.02	229.66	231.93(2%)	UT	OpenLong	75	0.2	65	-10	65	66	0.93	41%	-0.19	-28.2	1.43%	1.6	-0	48	1.3
19	Nov_28_2023	257.36	232.58	229.05	229.79	229.83	228	227.38(-0.54%)	DT	OpenShort	-75	-0.3	-84	-60	-99	-39	0.53	39%	-0.21	-37.7	1.41%	-0.7	-0.7	27	1.5
20	Nov_27_2023	257.91	233.08	228.67	230.33	230.36	230.38	228.62(-1.51%)	DT	OpenShort	-75	-0.2	-53	0	-52	-57	0.62	39%	-0.18	-46	1.41%	-1.2	-0.6	26	1.3

21	Nov_24_2023	258.38	233.4	228.32	230.16	230.72	231.66	232.13(0.44%)	N/A	N/A	0	0.3	42	40	73	-50	0.4	40%	-0.31	-59.8	1.41%	0	-0.2	27	1.4
22	Nov_22_2023	259.18	233.82	227.56	229.58	229.64	230.34	231.11(0.62%)	DP	OpenShort	-65	0.2	-2	20	32	-104	0.35	40%	-0.11	-67.7	1.4%	1.2	-0.3	39	1.2
23	Nov_21_2023	259.46	234.56	227.6	229.22	229.15	229.79	229.69(-0.17%)	DP	OpenShort	-65	0.1	-1	20	38	-119	0.51	42%	-0.22	-72.1	1.4%	-0.2	-0.5	41	1.3
24	Nov_20_2023	260.02	235.62	229	228.23	229.1	228.94	230.09(1%)	N/A	N/A	0	0.2	12	10	53	-111	0.59	42%	-0.21	-76.9	1.41%	1.2	-0.6	43	1.4
25	Nov_17_2023	260.58	236.76	230.61	226.74	227.76	228.51	227.8(-0.62%)	DP	OpenShort	-65	0.1	-28	40	6	-130	0.68	40%		-81	1.4%	-1.8	-0.9	42	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