Technical Analysis for AMGN - Amgen Inc.

Grade Last Price % Change Price Change
D 285.52 -0.82% -2.35
AMGN closed up 2.83 percent on Wednesday, November 20, 2024, on 1.87 times normal volume. Due to the stock's strong downtrend, it may remain oversold for a while. So, if you're looking for a reason to buy, don't put too much weight on it being oversold.
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Trend Table & Recent EOD Trading Signals

ADX Long Term Intermediate Term Short Term
Strong Down Down Down

Date Alert Name Type % Chg
Slingshot Bearish Bearish Swing Setup -0.82%
Lower Bollinger Band Walk Weakness -0.82%
Oversold Stochastic Weakness -0.82%
New Downtrend Bearish 1.99%
Slingshot Bearish Bearish Swing Setup 1.99%
Bullish Engulfing Bullish 1.99%
Calm After Storm Range Contraction 1.99%
Lower Bollinger Band Walk Weakness 1.99%
Outside Day Range Expansion 1.99%
Below Lower BB Weakness 1.99%

   Recent Intraday Alerts

Alert Time
Rose Above Previous Day's High about 1 hour ago
Down 1% about 1 hour ago
Up 2% about 20 hours ago
Up 1% about 23 hours ago
60 Minute Opening Range Breakout about 24 hours ago

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Profile

Amgen Inc. Description

Amgen Inc., a biotechnology medicines company, engages in the discovery, development, manufacture, and marketing of human therapeutic products in the areas of supportive cancer care, inflammation, nephrology, and bone diseases primarily in the United States, Europe, and Canada. Its principal products include Neulasta and NEUPOGEN to stimulate the production of neutrophils, which is a type of white blood cell that helps the body fight infections; Enbrel, an inhibitor of tumor necrosis factor that plays a role in the body's response to inflammatory diseases; Aranesp and EPOGEN erythropoiesis-stimulating agents that stimulate the production of red blood cells; and XGEVA/Prolia (denosumab) to treat men with castration-resistant prostate cancer at high risk of developing bone metastases. The company also markets other products comprising Sensipar/Mimpara, a small molecule calcimimetic that lowers serum calcium levels; Vectibix, a monoclonal antibody that binds specifically to the epidermal growth factor receptor; and Nplate, a thrombopoietin (TPO) receptor agonist that mimics endogenous TPO, the primary driver of platelet production. In addition, it provides product candidates in mid- to late-stage development in various therapeutic areas comprising oncology, hematology, inflammation, bone health, nephrology, cardiovascular, and general medicine, which includes neuroscience. The company markets its products to healthcare providers, including physicians or their clinics, dialysis centers, hospitals, and pharmacies; consumers; and wholesale distributors of pharmaceutical products. It has collaborative arrangements with Pfizer Inc.; Glaxo Group Limited; AstraZeneca Plc; Takeda Pharmaceutical Company Limited; and UCB, as well as a strategic alliance with Astellas Pharma Inc. Amgen Inc. was founded in 1980 and is headquartered in Thousand Oaks, California.


Classification

Sector: Healthcare
Industry: Drug Manufacturers - Major
Keywords: S&P 500 Medicine Biotechnology Nasdaq 100 Drugs Clinic Pharmaceutical Products Neuroscience Bone Inflammation Monoclonal Antibody Healthcare Providers Dow Jones Component Prostate Cancer Obesity Inflammatory Diseases Wholesale Distributor Dialysis Therapeutic Products Hematology Epidermal Growth Factor Receptor Nephrology Cancer Care Blood Cells Metastases Red Blood Cell Bone Disease Mimics Platelet Recombinant Proteins Necrosis Resistant Prostate Cancer Tumor Necrosis Factor Growth Factors Human Therapeutic Products Tumor Necrosis

Is AMGN 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 341.7189
52 Week Low 253.9857
Average Volume 2,256,441
200-Day Moving Average 301.43
50-Day Moving Average 315.69
20-Day Moving Average 306.59
10-Day Moving Average 297.84
Average True Range 7.95
RSI (14) 34.21
ADX 28.19
+DI 15.89
-DI 37.40
Chandelier Exit (Long, 3 ATRs) 301.80
Chandelier Exit (Short, 3 ATRs) 299.41
Upper Bollinger Bands 335.54
Lower Bollinger Band 277.65
Percent B (%b) 0.18
BandWidth 18.88
MACD Line -9.05
MACD Signal Line -5.74
MACD Histogram -3.312
Fundamentals Value
Market Cap 154.06 Billion
Num Shares 535 Million
EPS 12.49
Price-to-Earnings (P/E) Ratio 23.05
Price-to-Sales 5.60
Price-to-Book 25.01
PEG Ratio 2.08
Dividend 8.52
Dividend Yield 2.96%
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 302.67
Resistance 3 (R3) 301.23 294.85 300.20
Resistance 2 (R2) 294.85 291.08 295.57 299.38
Resistance 1 (R1) 291.36 288.76 293.11 292.80 298.56
Pivot Point 284.99 284.99 285.86 285.71 284.99
Support 1 (S1) 281.50 281.22 283.24 282.94 277.18
Support 2 (S2) 275.12 278.89 275.84 276.36
Support 3 (S3) 271.63 275.12 275.54
Support 4 (S4) 273.07