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Downtrend ExhaustionArchive - 11/14/2025 - Sign In to see current Signals. |
BIOGEN IDEC INC (BIIB) Technical Analysis
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| Summary:
| | Weekly :     | | Daily :   Move cursor over the icon to see details.
| | It was a fourth consecutive positive week for the BIOGEN IDEC INC (BIIB). During the week, the BIIB gained 12.04 points, or 7.74%, and closed at 167.55 on Friday, November 14, 2025. Weekly volume was 28% above average. BIIB is a member of Health Care Sector. Health Care is the most overbought 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 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 downtrend resistance line (63.59) is broken. Usually a broken resistance is considered to be a long-term bullish signal, but since daily indicators are overbought a short-term pull back is possible. BIIB may retest the broken resistance line. It is considered to be a support line now. 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 long-term trend.
Medium-term trend: [See BIIB medium-term trend chart] A medium-term uptrend had started on April 9, 2025 at 110.00 and reached 169.00 on November 14, 2025. BIIB gained -59.00 points, or -53.64%, in 31 weeks. The chart has formed a Broadening Ascending Wedge chart pattern. The price is near the trend resistance line (168.47). 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 medium-term trend.
Weekly Technical Indicators: [See BIIB weekly technical indicators chart] Weekly Williams' Percentage Range is strongly overbought. Use the Technical Stock Screener to see the list of stocks with strongly overbought weekly overbought Williams' Percentage Range. Weekly MACD has bearish divergence. Use the following links to access the MACD help, or use the Technical Stock Screener to see the list of stocks with weekly MACD bearish divergence. The divergence between price and indicator is considering one of the most important buy/sell stocks trading signal. 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 link to access 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 relatively 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 uptrend had started on November 5, 2025 at 148.51 and reached 169.00 on November 14, 2025. BIIB gained -20.49 points, or -13.80%, in 9 days. The price is now at the 7.08% retracement level.
Daily Technical Indicators: [See BIIB daily technical indicators chart] Daily Williams' Percentage Range is overbought while Lane's Stochastic is strongly overbought. Use the Technical Stock Screener to see the list of stocks with overbought daily Williams' Percentage Range or strongly overbought daily Lane's Stochastic. Use the following link to access Lane's Stochastic help. The daily MACD line is above its signal line since October 30, 2025. This is an indication that the short-term trend is up. The distance between MACD and the signal line is relatively high and getting bigger. It indicates that the current short-term uptrend is strong. The price has closed on Friday above the upper Bollinger Band. It is considered a bullish signal. The Bollinger Bands are often used with a non-oscillator indicator like chart patterns or a trendline. The signals are considered more reliable if these indicators confirm the recommendation of the Bollinger Bands. Use the following links to access the Bollinger Bands Help, or use the Technical Stock Screener to see the list of stocks with the price above the Upper Bollinger Band or below the Lower Bollinger Band.
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