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Downtrend Broken Resist.Archive
- 9/5/2025 -
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Illumina Inc (ILMN) Technical Analysis
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| Summary:
| | Weekly : | | Daily :
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| | It was the negative week for the Illumina Inc (ILMN). During the week, the ILMN dropped -1.03 points, or -1.03%, and closed at 98.93 on Friday, September 5, 2025. Weekly volume was -41% below average.
 Long-term trend: [See ILMN long-term trend chart]
A long-term downtrend had started on November 5, 2024 at 156.70 and reached 68.70 on April 9, 2025. ILMN lost 88.00 points, or 56.16%, in 22 weeks. The price is now at the 34.35% retracement level.
 Medium-term trend: [See ILMN medium-term trend chart]
A medium-term uptrend had started on April 9, 2025 at 68.70 and reached 111.00 on July 28, 2025. ILMN gained -42.30 points, or -61.57%, in 15 weeks. The chart has formed a Symmetric Triangle chart pattern. The uptrend support line (99.42) is broken. A broken support is considered to be a long-term bearish 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 support in a medium-term trend.
 Weekly Technical Indicators: [See ILMN weekly technical indicators chart]
Weekly technical indicators are neutral.
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 downtrend had started on August 22, 2025 at 103.65 and reached 93.94 on September 4, 2025. ILMN lost 9.71 points, or 9.37%, in 13 days. The chart has formed a Broadening Descending Wedge chart pattern.
Daily Technical Indicators: [See ILMN daily technical indicators chart]
Daily technical indicators are neutral.
The daily MACD line is below its signal line since August 22, 2025. This is an indication that the short-term trend is down. The distance between MACD and the signal line is low, but getting bigger. It indicates that the current short-term downtrend is getting stronger.
During the last week, the price has declined below the moving average in the center of the Bollinger Bands. The distance between the Bollinger Bands (8.13%) is close to one year low (7.42%). It is 55.90% lower than one year average. It indicates the period of low volatility of the stock price, and it is considered a buy signal for the option traders. 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.
During the last week, the price has crossed below the 50 Day Moving Average. Such crossover is considered a bearish signal. The moving average crossover signals work better when the stock develops a strong trend, but they are ineffective when the stock is in a trading range. Moving average crossover systems can be effective, but should be used in conjunction with trend patterns, momentum indicators, candlesticks and other aspects of technical analysis. Use the following links to access Moving Average Crossover trading technique, or use the Technical Stock Screener to see the list of stocks with the Moving Average close to the price level.
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