|
|
|
|
Biotechnology Industry Stocks Technical Analysis - AMGNArchive - 2/20/2026 - Sign In to see current Signals. |
Amgen (AMGN) Technical Analysis
|
 |
| Summary:
| | Weekly :   | | Daily : Move cursor over the icon to see details.
| | It was a first positive week for the Amgen (AMGN). During the week, the AMGN gained 5.56 points, or 1.51%, and closed at 374.75 on Friday, February 20, 2026. AMGN was trading at average weekly trading volume.
Long-term trend: [See AMGN long-term trend chart] A long-term uptrend had started on March 20, 2008 at 39.16 and reached 385.12 on February 6, 2026. AMGN gained -345.96 points, or -883.45%, in 933 weeks. The chart has formed a Broadening Ascending Wedge chart pattern. The uptrend resistance line (267.11) is broken. Usually a broken resistance is considered to be a long-term bullish signal, although a short-term pull back is possible. 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 AMGN medium-term trend chart] A medium-term uptrend had started on December 19, 2024 at 253.30 and reached 385.12 on February 6, 2026. AMGN gained -131.82 points, or -52.04%, in 59 weeks. The chart has formed a Symmetric Triangle chart pattern. The uptrend resistance line (278.28) is broken. Usually a broken resistance is considered to be a long-term bullish signal, although a short-term pull back is possible. 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 medium-term trend.
Weekly Technical Indicators: [See AMGN weekly technical indicators chart] Weekly Williams' Percentage Range and Lane's Stochastic are overbought. Use the Technical Stock Screener to see the list of stocks with overbought weekly Williams' Percentage Range and Lane's Stochastic. 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 and Williams' Percentage Range help. The weekly MACD line is above its signal line since October 3, 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 AMGN short-term trend chart] A short-term uptrend had started on September 26, 2025 at 269.77 and reached 385.12 on February 6, 2026. AMGN gained -115.35 points, or -42.76%, in 133 days. The chart has formed a Symmetric Triangle chart pattern. The uptrend resistance line (344.08) is broken. Usually a broken resistance is considered to be a long-term bullish signal, although a short-term pull back is possible. 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 short-term trend.
Daily Technical Indicators: [See AMGN daily technical indicators chart] Daily technical indicators are neutral. The daily MACD line is above its signal line since January 16, 2026. This is an indication that the short-term trend is up. The distance between MACD and the signal line is low and getting smaller. It indicates that the current short-term uptrend is getting weak.
| |
|
|
|
|
| Daily Oscillators |
|
|
| Weekly Oscillators |
|
|
| Trading
Signals |
|
|
|
| Sector and
Industry |
| Description |
Name |
Rank |
| Sector |
Health Care |
5 |
| Industry |
Biotechnology |
66 |
|
| Daily Trend |
| Description |
Value |
| Direction |
Up |
| Chart Pattern |
Broadening Ascending Wedge |
| Low |
312.39 |
| Low Date |
12/11/2025 |
| High |
385.12 |
| High Date |
02/06/2026 |
|
| Weekly Trend |
|
| Description |
Value |
| Direction |
Up |
| Chart Pattern |
Symmetric Triangle |
| Status |
Broken Resistance |
| Resistance |
332.04 |
| Support |
344.08 |
| Low |
269.77 |
| Low Date |
09/26/2025 |
| High |
385.12 |
| High Date |
02/06/2026 |
|
| Description |
Value |
| Direction |
Up |
| Chart Pattern |
Uptrend |
| Status |
|
| Resistance |
|
| Support |
|
| Low |
261.43 |
| Low Date |
05/14/2025 |
| High |
385.12 |
| High Date |
02/06/2026 |
|
| Quarterly Trend |
|
| Description |
Value |
| Direction |
Up |
| Chart Pattern |
Symmetric Triangle |
| Status |
Broken Resistance |
| Resistance |
273.30 |
| Support |
278.28 |
| Low |
253.30 |
| Low Date |
12/19/2024 |
| High |
385.12 |
| High Date |
02/06/2026 |
|
| Description |
Value |
| Direction |
Up |
| Chart Pattern |
Broadening Ascending Wedge |
| Status |
Broken Resistance |
| Resistance |
361.90 |
| Support |
267.11 |
| Low |
39.16 |
| Low Date |
03/20/2008 |
| High |
385.12 |
| High Date |
02/06/2026 |
|
|