|
|
|
|
S&P 500 Oversold StocksArchive
- 4/10/2026 -
Sign In to see current Signals. |
Amgen (AMGN) Technical Analysis
|
 |
| Summary:
| | Weekly : | | Daily :
Move cursor over the icon to see details.
| | It was a first positive week for the Amgen (AMGN). During the week, the AMGN climbed 3.08 points, or 0.89%, and closed at 351.02 on Friday, April 10, 2026. It was the best weekly gain since February 27, 2026. AMGN was trading at average weekly trading volume.
AMGN is a member of Health Care Sector. Health Care is the second most oversold sector. Sector/industry rotation is considered a proven strategy to beat the market. Use the following links to find overbought/oversold technical indicators by Sector or by Industry.
 Long-term trend: [See AMGN long-term trend chart]
A long-term uptrend had started on March 20, 2008 at 39.16 and reached 391.29 on March 2, 2026. AMGN gained -352.13 points, or -899.21%, in 936 weeks. The chart has formed a Broadening Ascending Wedge chart pattern. The trend support level is at 268.86 and resistance is at 364.20. 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 long-term trend.
Medium-term trend: [See AMGN medium-term trend chart]
A medium-term uptrend had started on May 14, 2025 at 261.43 and reached 391.29 on March 2, 2026. AMGN gained -129.86 points, or -49.67%, in 41 weeks. The chart has formed a Broadening Ascending Wedge chart pattern. The trend support level is at 281.79 and resistance is at 406.13. 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 AMGN weekly technical indicators chart]
Weekly technical indicators are neutral.
The weekly MACD line is below its signal line since March 20, 2026. Use the following link to access a MACD help.
 Short-term trend: [See AMGN short-term trend chart]
A short-term downtrend had started on March 2, 2026 at 391.29 and reached 335.06 on April 7, 2026. AMGN lost 56.23 points, or 14.37%, in 36 days. The chart has formed a Falling Wedge chart pattern. The downtrend resistance line (330.38) is broken. A broken support is considered to be a long-term bullish signal. Use the following links to access Trend Support/Resistance Help, or use the Technical Stock Screener to see the list of stocks with broken trend resistance line in a short-term trend.
Daily Technical Indicators: [See AMGN daily technical indicators chart]
Daily technical indicators are neutral.
During the last week, daily MACD line has moved above its signal line. Such crossover is considered a bullish signal.
| |
|
|
|
|
| Daily Oscillators |
|
|
| Weekly Oscillators |
|
|
| Trading
Signals |
|
|
|
| Sector and
Industry |
| Description |
Name |
Rank |
| Sector |
Health Care |
2 |
| Industry |
Biotechnology |
56 |
|
| Daily Trend |
| Description |
Value |
| Direction |
Up |
| Chart Pattern |
Uptrend |
| Low |
335.06 |
| Low Date |
04/07/2026 |
| High |
359.45 |
| High Date |
04/09/2026 |
|
| Weekly Trend |
|
| Description |
Value |
| Direction |
Down |
| Chart Pattern |
Falling Wedge |
| Status |
Broken Resistance |
| Resistance |
336.96 |
| Support |
330.38 |
| High |
391.29 |
| High Date |
03/02/2026 |
| Low |
335.06 |
| Low Date |
04/07/2026 |
|
| Description |
Value |
| Direction |
Up |
| Chart Pattern |
Broadening Ascending Wedge |
| Status |
Valid |
| Resistance |
406.13 |
| Support |
281.79 |
| Low |
261.43 |
| Low Date |
05/14/2025 |
| High |
391.29 |
| High Date |
03/02/2026 |
|
| Quarterly Trend |
|
| Description |
Value |
| Direction |
Up |
| Chart Pattern |
Uptrend |
| Status |
|
| Resistance |
|
| Support |
|
| Low |
253.30 |
| Low Date |
12/19/2024 |
| High |
391.29 |
| High Date |
03/02/2026 |
|
| Description |
Value |
| Direction |
Up |
| Chart Pattern |
Broadening Ascending Wedge |
| Status |
Valid |
| Resistance |
364.20 |
| Support |
268.86 |
| Low |
39.16 |
| Low Date |
03/20/2008 |
| High |
391.29 |
| High Date |
03/02/2026 |
|
|