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- 1/23/2026 -
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Illumina Inc (ILMN) Technical Analysis

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Summary:
Weekly :Lane's Stochastic is overboughtRelative Strength Index and Williams' Percentage Range are strongly overboughtLane's Stochastic and MACD bearish divergenceBroken trend resistance line
Daily :Williams' Percentage Range is strongly overboughtDaily  MACD line has moved above its signal line
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It was a third consecutive positive week for the Illumina Inc (ILMN). During the week, the ILMN gained 8.63 points, or 6.09%, and closed at 150.28 on Friday, January 23, 2026. It was the best weekly gain since October 31, 2025. Weekly volume was 6% above average.

Long-term trend: [See ILMN long-term trend chart]
A long-term downtrend had started on February 12, 2021 at 555.77 and reached 68.70 on April 9, 2025. ILMN lost 487.07 points, or 87.64%, in 216 weeks. The chart has formed a Falling Wedge chart pattern. The downtrend resistance line (57.28) 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. ILMN 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 ILMN medium-term trend chart]
A medium-term uptrend had started on April 9, 2025 at 68.70 and reached 155.53 on January 22, 2026. ILMN gained -86.83 points, or -126.39%, in 41 weeks. The price is now at the 6.05% retracement level.

Weekly Technical Indicators: [See ILMN weekly technical indicators chart]
Weekly Lane's Stochastic is overbought while Relative Strength Index and Williams' Percentage Range are strongly overbought. Use the Technical Stock Screener to see the list of stocks with overbought weekly Lane's Stochastic or strongly overbought weekly Relative Strength Index and Williams' Percentage Range. Weekly Lane's Stochastic and MACD have bearish divergence. Use the following links to access the Lane's Stochastic and MACD help, or use the Technical Stock Screener to see the list of stocks with weekly Lane's Stochastic and 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 links to access Lane's Stochastic, Relative Strength Index and Williams' Percentage Range help.

The weekly MACD line is above its signal line since May 23, 2025. This is an indication that the medium-term trend is up. Use the following link to access a MACD help.

Short-term trend: [See ILMN short-term trend chart]
A short-term uptrend had started on January 21, 2026 at 153.11 and reached 155.53 on January 22, 2026. ILMN gained -2.42 points, or -1.58%, in 1 days. The price is now at the 216.94% retracement level.

Daily Technical Indicators: [See ILMN daily technical indicators chart]
Daily Williams' Percentage Range is strongly overbought. Use the Technical Stock Screener to see the list of stocks with strongly overbought daily overbought Williams' Percentage Range.

During the last week, daily MACD line has moved above its signal line. Such crossover is considered a bullish signal.

Daily Oscillators
Description Value Status Divergence Chart
Relative Strength Index (RSI) 64.55
Williams' Percentage Range (W%R) 6.00
Strong Overbought
Lane's Stochastic (%D-Slow) 69.25
Greed/Fear Indicator (GFI) 75.94
Moving Average Converg./Diverg. (MACD) 4.71
Weekly Oscillators
Description Value Status Divergence Chart
Relative Strength Index (RSI) 90.96
Strong Overbought
Williams' Percentage Range (W%R) 2.20
Strong Overbought
Lane's Stochastic (%D-Slow) 88.36
Overbought Bearish
Greed/Fear Indicator (GFI) 83.74
Overbought
Moving Average Converg./Diverg. (MACD) 8.29 Bearish
Trading Signals
Description Value Chart
Upper Bollinger Band 156.83
Daily Stochastic Crossing 152.29
Weekly Stochastic Crossing 151.69
Price 150.28
20 Day Moving Average 142.79
Parabolic System 138.33
50 Day Moving Average 134.10
Lower Bollinger Band 129.87
Sector and Industry
Description Name Rank
Sector Health Care 7
Industry Biotechnology 93
Daily Trend
Description Value
Direction Up
Chart Pattern Uptrend
Low 153.11
Low Date 01/21/2026
High 155.53
High Date 01/22/2026
Weekly Trend
Monthly Trend
Description Value
Direction Up
Chart Pattern Uptrend
Status
Resistance
Support
Low 130.42
Low Date 01/02/2026
High 155.53
High Date 01/22/2026
Description Value
Direction Up
Chart Pattern Uptrend
Status
Resistance
Support
Low 88.00
Low Date 10/14/2025
High 155.53
High Date 01/22/2026
Quarterly Trend
Yearly Trend
Description Value
Direction Up
Chart Pattern Uptrend
Status
Resistance
Support
Low 68.70
Low Date 04/09/2025
High 155.53
High Date 01/22/2026
Description Value
Direction Down
Chart Pattern Falling Wedge
Status Broken Resistance
Resistance 27.79
Support 57.28
High 555.77
High Date 02/12/2021
Low 68.70
Low Date 04/09/2025
Warning: TheGreedyTrader.com presents weekly analysis. Technical indicators and trend parameters are calculated for the close of business day indicated on the top right corner of the screen.