|
|
|
|
Biotechnology Industry Stocks Technical Analysis - BIIBArchive
- 9/19/2025 -
Sign In to see current Signals. |
BIOGEN IDEC INC (BIIB) Technical Analysis
|
 |
| Summary:
| | Weekly :  | | Daily :
Move cursor over the icon to see details.
| | It was the negative week for the BIOGEN IDEC INC (BIIB). During the week, the BIIB dropped -2.36 points, or -1.63%, and closed at 142.50 on Friday, September 19, 2025. Weekly volume was 34% above average.
 Long-term trend: [See BIIB long-term trend chart]
A long-term downtrend had started on June 12, 2023 at 319.76 and reached 110.00 on April 9, 2025. BIIB lost 209.76 points, or 65.60%, in 95 weeks. The chart has formed a Falling Channel chart pattern. The price is near the trend resistance line (142.13). The resistance is usually stronger when technical indicators are overbought. Use the following links to access Trend Support/Resistance Help, or use the Technical Stock Screener to see the list of stocks with price testing the trend resistance line in a long-term trend.
 Medium-term trend: [See BIIB medium-term trend chart]
A medium-term uptrend had started on July 21, 2025 at 121.05 and reached 150.28 on September 12, 2025. BIIB gained -29.23 points, or -24.15%, in 7 weeks. The chart has formed a Broadening Ascending Wedge chart pattern. The trend support level is at 136.57 and resistance is at 153.12. A Broadening Ascending Wedge pattern is considered to be a reversal formation. It usually appears in a mature trend, characterized by overbought/oversold long-term and short-term indicators, and often generates divergence on long-term indicators. Use the following link to access a Broadening Ascending Wedge chart pattern help, or use a Technical Stock Screener to see the list of stocks with Broadening Ascending Wedge pattern in a medium-term trend.
 Weekly Technical Indicators: [See BIIB weekly technical indicators chart]
Weekly Williams' Percentage Range and Lane's Stochastic are overbought. Use the Technical Stock Screener to see the list of stocks with overbought weekly Williams' Percentage Range and Lane's Stochastic. Oscillators are designed to signal a possible trend reversal. They can act as alerts and should be taken in conjunction with other technical analysis tools. Oscillators can be used to confirm other technical signals. Use the following links to access Lane's Stochastic and Williams' Percentage Range help.
The weekly MACD line is above its signal line since May 9, 2025. This is an indication that the medium-term trend is up. The distance between MACD and the signal line is near its high and getting bigger. It indicates that the current medium-term uptrend is strong. Use the following link to access a MACD help.
 Short-term trend: [See BIIB short-term trend chart]
A short-term downtrend had started on September 12, 2025 at 150.28 and reached 141.12 on September 15, 2025. BIIB lost 9.16 points, or 6.10%, in 3 days. The price is now at the 15.07% retracement level.
 Daily Technical Indicators: [See BIIB daily technical indicators chart]
Daily technical indicators are neutral. During the last week, daily Lane's Stochastic signal line (%D) has moved below overbought area. Such crossover is considered a bearish signal.
During the last week, daily MACD line has moved below its signal line. Such crossover is considered a bearish signal.
| |
|
|
|
|
| Daily Oscillators |
|
|
| Weekly Oscillators |
|
|
| Trading
Signals |
|
|
|
| Sector and
Industry |
| Description |
Name |
Rank |
| Sector |
Health Care |
6 |
| Industry |
Biotechnology |
55 |
|
| Daily Trend |
| Description |
Value |
| Direction |
Down |
| Chart Pattern |
DownTrend |
| High |
150.28 |
| High Date |
09/12/2025 |
| Low |
141.12 |
| Low Date |
09/15/2025 |
|
| Weekly Trend |
|
| Description |
Value |
| Direction |
Up |
| Chart Pattern |
Broadening Ascending Wedge |
| Status |
Valid |
| Resistance |
153.12 |
| Support |
136.57 |
| Low |
121.05 |
| Low Date |
07/21/2025 |
| High |
150.28 |
| High Date |
09/12/2025 |
|
| Description |
Value |
| Direction |
Up |
| Chart Pattern |
Uptrend |
| Status |
|
| Resistance |
|
| Support |
|
| Low |
110.00 |
| Low Date |
04/09/2025 |
| High |
150.28 |
| High Date |
09/12/2025 |
|
| Quarterly Trend |
|
| Description |
Value |
| Direction |
Down |
| Chart Pattern |
Falling Channel |
| Status |
Test Resistance |
| Resistance |
142.13 |
| Support |
76.16 |
| High |
319.76 |
| High Date |
06/12/2023 |
| Low |
110.00 |
| Low Date |
04/09/2025 |
|
| Description |
Value |
| Direction |
Down |
| Chart Pattern |
DownTrend |
| Status |
|
| Resistance |
|
| Support |
|
| High |
480.18 |
| High Date |
03/20/2015 |
| Low |
110.00 |
| Low Date |
04/09/2025 |
|
|