Technical Analysis for AMRN - Amarin Corporation plc

Grade Last Price % Change Price Change
F 0.94 2.87% 0.03
AMRN closed up 2.87 percent on Wednesday, May 15, 2024, on 45 percent of normal volume. The stock rose above its 50 day moving average, improving its intermediate-term outlook by crossing above that important trendline. Its advance stalled at its 200 day moving average, an important long-term support / resistance line.
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Trend Table & Recent EOD Trading Signals

ADX Long Term Intermediate Term Short Term
Weak or Absent Down Up Up

Date Alert Name Type % Chg
200 DMA Resistance Bearish 0.00%
Crossed Above 50 DMA Bullish 0.00%
BB Squeeze Ended Range Expansion 0.00%
Fell Below 50 DMA Bearish 2.87%
Non-ADX 1,2,3,4 Bearish Bearish Swing Setup 2.87%
20 DMA Support Bullish 2.87%
Bollinger Band Squeeze Range Contraction 2.87%
Inside Day Range Contraction 2.87%
Gapped Down Weakness 2.87%
Crossed Above 20 DMA Bullish 1.73%

   Recent Intraday Alerts

Alert Time
200 DMA Resistance about 18 hours ago
Up 3% about 18 hours ago
10 DMA Support about 18 hours ago
Rose Above Previous Day's High about 18 hours ago
Rose Above 50 DMA about 18 hours ago

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Profile

Amarin Corporation plc Description

Amarin Corporation plc, a biopharmaceutical company, focuses on the development and commercialization therapeutic products for the treatment for cardiovascular diseases. Its product development program areas include lipid science and therapeutic benefits of polyunsaturated fatty acids. The company lead product comprises Vascepa, a prescription-only omega-3 fatty acid comprising icosapent ethyl as an adjunct to diet to reduce triglyceride levels in adult patients with severe hypertriglyceridemia. It also engages in developing Vascepa for the treatment of patients with high triglyceride levels who are also on statin therapy for elevated low-density lipoprotein cholesterol levels. The company was formerly known as Ethical Holdings plc. Amarin Corporation plc was founded in 1989 and is headquartered in Dublin, Ireland.


Classification

Sector: Healthcare
Industry: Biotechnology
Keywords: Biopharmaceutical Acid Organic Compounds Cardiovascular Disease Therapeutic Products Vascular Disease Lipid Nutrition Cholesterol Lipoprotein Fatty Acids Low Density Lipoprotein Triglyceride Hypertriglyceridemia Statin Therapy

Is AMRN 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 1.485
52 Week Low 0.651
Average Volume 1,236,354
200-Day Moving Average 0.95
50-Day Moving Average 0.91
20-Day Moving Average 0.89
10-Day Moving Average 0.91
Average True Range 0.06
RSI (14) 52.15
ADX 13.92
+DI 24.44
-DI 19.88
Chandelier Exit (Long, 3 ATRs) 0.84
Chandelier Exit (Short, 3 ATRs) 1.00
Upper Bollinger Bands 0.97
Lower Bollinger Band 0.82
Percent B (%b) 0.78
BandWidth 16.96
MACD Line -0.01
MACD Signal Line -0.01
MACD Histogram 0.0054
Fundamentals Value
Market Cap 382.12 Million
Num Shares 408 Million
EPS -0.12
Price-to-Earnings (P/E) Ratio -7.80
Price-to-Sales 1.54
Price-to-Book 0.89
PEG Ratio -1.74
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 1.01
Resistance 3 (R3) 1.01 0.98 1.00
Resistance 2 (R2) 0.98 0.96 0.98 1.00
Resistance 1 (R1) 0.96 0.95 0.97 0.96 0.99
Pivot Point 0.93 0.93 0.94 0.93 0.93
Support 1 (S1) 0.91 0.91 0.92 0.91 0.88
Support 2 (S2) 0.88 0.90 0.88 0.88
Support 3 (S3) 0.86 0.88 0.87
Support 4 (S4) 0.86