Technical Analysis for AMGN - Amgen Inc.

Grade Last Price % Change Price Change
B 319.04 2.45% 7.63
AMGN closed up 2.45 percent on Wednesday, May 15, 2024, on 1.28 times normal volume. Due to the stock's strong uptrend, it may remain overbought for a while. So, if you're looking for a reason to sell, don't put too much weight on it being overbought.
Earnings due: May 31
*** please verify all earnings dates ***
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Trend Table & Recent EOD Trading Signals

ADX Long Term Intermediate Term Short Term
Strong Up Up Up

Date Alert Name Type % Chg
Stochastic Reached Overbought Strength 0.00%
Gapped Up Strength 0.00%
Overbought Stochastic Strength 0.00%
Gapped Up Strength 3.43%
Calm After Storm Range Contraction 2.87%
Upper Bollinger Band Walk Strength 2.87%
New Uptrend Bullish 1.98%
Calm After Storm Range Contraction 1.98%
Upper Bollinger Band Walk Strength 1.98%
Above Upper BB Strength 1.98%

   Recent Intraday Alerts

Alert Time
Up 3% about 10 hours ago
Up 1 ATR about 11 hours ago
Up 2% about 12 hours ago
60 Minute Opening Range Breakout about 13 hours ago
Rose Above Previous Day's High about 14 hours ago

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Profile

Amgen Inc. Description

Amgen Inc., a biotechnology medicines company, engages in the discovery, development, manufacture, and marketing of human therapeutic products in the areas of supportive cancer care, inflammation, nephrology, and bone diseases primarily in the United States, Europe, and Canada. Its principal products include Neulasta and NEUPOGEN to stimulate the production of neutrophils, which is a type of white blood cell that helps the body fight infections; Enbrel, an inhibitor of tumor necrosis factor that plays a role in the body's response to inflammatory diseases; Aranesp and EPOGEN erythropoiesis-stimulating agents that stimulate the production of red blood cells; and XGEVA/Prolia (denosumab) to treat men with castration-resistant prostate cancer at high risk of developing bone metastases. The company also markets other products comprising Sensipar/Mimpara, a small molecule calcimimetic that lowers serum calcium levels; Vectibix, a monoclonal antibody that binds specifically to the epidermal growth factor receptor; and Nplate, a thrombopoietin (TPO) receptor agonist that mimics endogenous TPO, the primary driver of platelet production. In addition, it provides product candidates in mid- to late-stage development in various therapeutic areas comprising oncology, hematology, inflammation, bone health, nephrology, cardiovascular, and general medicine, which includes neuroscience. The company markets its products to healthcare providers, including physicians or their clinics, dialysis centers, hospitals, and pharmacies; consumers; and wholesale distributors of pharmaceutical products. It has collaborative arrangements with Pfizer Inc.; Glaxo Group Limited; AstraZeneca Plc; Takeda Pharmaceutical Company Limited; and UCB, as well as a strategic alliance with Astellas Pharma Inc. Amgen Inc. was founded in 1980 and is headquartered in Thousand Oaks, California.


Classification

Sector: Healthcare
Industry: Drug Manufacturers - Major
Keywords: S&P 500 Medicine Biotechnology Nasdaq 100 Drugs Clinic Neuroscience Pharmaceutical Products Inflammation Monoclonal Antibody Bone Healthcare Providers Dow Jones Component Prostate Cancer Inflammatory Diseases Obesity Wholesale Distributor Dialysis Therapeutic Products Hematology Epidermal Growth Factor Receptor Nephrology Cancer Care Blood Cells Metastases Platelet Red Blood Cell Bone Disease Mimics Recombinant Proteins Necrosis Resistant Prostate Cancer Tumor Necrosis Factor Growth Factors Human Therapeutic Products Tumor Necrosis

Is AMGN a Buy, Sell or Hold?

Indicator Bull Case Neutral / Hold Bear Case
50 DMA
200 DMA
ADX Trend
Oversold / Overbought
Relative Strength

Indicators

Indicator Value
52 Week High 327.1624
52 Week Low 206.7734
Average Volume 2,708,205
200-Day Moving Average 274.78
50-Day Moving Average 279.59
20-Day Moving Average 288.79
10-Day Moving Average 305.87
Average True Range 7.86
RSI (14) 72.45
ADX 32.23
+DI 46.65
-DI 14.30
Chandelier Exit (Long, 3 ATRs) 299.01
Chandelier Exit (Short, 3 ATRs) 284.27
Upper Bollinger Bands 326.55
Lower Bollinger Band 251.04
Percent B (%b) 0.9
BandWidth 26.15
MACD Line 10.91
MACD Signal Line 7.55
MACD Histogram 3.3684
Fundamentals Value
Market Cap 170.74 Billion
Num Shares 535 Million
EPS 12.49
Price-to-Earnings (P/E) Ratio 25.54
Price-to-Sales 5.60
Price-to-Book 25.01
PEG Ratio 2.08
Dividend 8.52
Dividend Yield 2.67%
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 331.90
Resistance 3 (R3) 331.27 326.35 329.75
Resistance 2 (R2) 326.35 323.08 326.67 329.04
Resistance 1 (R1) 322.70 321.06 324.53 323.33 328.32
Pivot Point 317.78 317.78 318.70 318.10 317.78
Support 1 (S1) 314.13 314.51 315.96 314.76 309.76
Support 2 (S2) 309.21 312.49 309.53 309.04
Support 3 (S3) 305.56 309.21 308.33
Support 4 (S4) 306.19