Technical Analysis for AMRN - Amarin Corporation plc

Grade Last Price % Change Price Change
C 0.86 -11.51% -0.11
AMRN closed down 11.51 percent on Wednesday, May 8, 2024, on 1.18 times normal volume. The stock fell below its 50 day moving average, damaging its intermediate-term outlook by crossing under that important trendline. The stock fell below its 200 day moving average, damaging its long-term outlook by crossing under that critical trendline.
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Trend Table & Recent EOD Trading Signals

ADX Long Term Intermediate Term Short Term
Weak or Absent Down Down Down

Date Alert Name Type % Chg
Fell Below 20 DMA Bearish 0.00%
Fell Below 200 DMA Bearish 0.00%
Fell Below 50 DMA Bearish 0.00%
Shooting Star Candlestick Bearish -11.51%
200 DMA Support Bullish -11.51%
Doji - Bearish? Reversal -11.51%
Upper Bollinger Band Touch Strength -11.51%
Crossed Above 20 DMA Bullish -11.95%
Crossed Above 200 DMA Bullish -11.95%
Crossed Above 50 DMA Bullish -11.95%

   Recent Intraday Alerts

Alert Time
Down 10% about 17 hours ago
Fell Below 20 DMA about 18 hours ago
Fell Below 10 DMA about 18 hours ago
20 DMA Support about 20 hours ago
10 DMA Support about 20 hours ago

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Profile

Amarin Corporation plc Description

Amarin Corporation plc, a biopharmaceutical company, focuses on the development and commercialization therapeutic products for the treatment for cardiovascular diseases. Its product development program areas include lipid science and therapeutic benefits of polyunsaturated fatty acids. The company lead product comprises Vascepa, a prescription-only omega-3 fatty acid comprising icosapent ethyl as an adjunct to diet to reduce triglyceride levels in adult patients with severe hypertriglyceridemia. It also engages in developing Vascepa for the treatment of patients with high triglyceride levels who are also on statin therapy for elevated low-density lipoprotein cholesterol levels. The company was formerly known as Ethical Holdings plc. Amarin Corporation plc was founded in 1989 and is headquartered in Dublin, Ireland.


Classification

Sector: Healthcare
Industry: Biotechnology
Keywords: Biopharmaceutical Acid Organic Compounds Cardiovascular Disease Therapeutic Products Vascular Disease Lipid Nutrition Cholesterol Lipoprotein Fatty Acids Low Density Lipoprotein Triglyceride Hypertriglyceridemia Statin Therapy

Is AMRN a Buy, Sell or Hold?

Indicator Bull Case Neutral / Hold Bear Case
50 DMA
200 DMA
ADX Trend
Oversold / Overbought
Relative Strength

Indicators

Indicator Value
52 Week High 1.485
52 Week Low 0.651
Average Volume 1,619,644
200-Day Moving Average 0.96
50-Day Moving Average 0.93
20-Day Moving Average 0.90
10-Day Moving Average 0.90
Average True Range 0.07
RSI (14) 43.82
ADX 17.37
+DI 22.96
-DI 24.57
Chandelier Exit (Long, 3 ATRs) 0.90
Chandelier Exit (Short, 3 ATRs) 1.02
Upper Bollinger Bands 1.00
Lower Bollinger Band 0.81
Percent B (%b) 0.28
BandWidth 20.52
MACD Line -0.01
MACD Signal Line -0.02
MACD Histogram 0.0063
Fundamentals Value
Market Cap 352.32 Million
Num Shares 408 Million
EPS -0.12
Price-to-Earnings (P/E) Ratio -7.19
Price-to-Sales 1.54
Price-to-Book 0.89
PEG Ratio -1.74
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 1.03
Resistance 3 (R3) 1.05 1.01 1.00
Resistance 2 (R2) 1.01 0.97 1.00 0.99
Resistance 1 (R1) 0.94 0.94 0.92 0.92 0.98
Pivot Point 0.90 0.90 0.89 0.89 0.90
Support 1 (S1) 0.83 0.86 0.81 0.81 0.74
Support 2 (S2) 0.79 0.83 0.78 0.73
Support 3 (S3) 0.72 0.79 0.72
Support 4 (S4) 0.70