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- 1/9/2026 -
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Illumina Inc (ILMN) Technical Analysis

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Summary:
Weekly :Overbought sectorWilliams' Percentage Range and Lane's Stochastic are strongly overboughtMACD bearish divergenceBroken trend resistance line
Daily :Lane's Stochastic is overboughtDaily  MACD line has moved above its signal lineThe price has risen above the Parabolic SAR
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It was a first positive week for the Illumina Inc (ILMN). During the week, the ILMN gained 6.72 points, or 5.00%, and closed at 141.07 on Friday, January 9, 2026. It was the best weekly gain since November 28, 2025. ILMN was trading at average weekly trading volume.

ILMN is a member of Health Care Sector. Health Care is the most overbought sector. Sector/industry rotation is considered a proven strategy to beat the market. Use the following links to find overbought/oversold technical indicators by Sector or by Industry.

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 (57.79) 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 151.34 on January 7, 2026. ILMN gained -82.64 points, or -120.29%, in 39 weeks. The price is now at the 12.43% retracement level.

Weekly Technical Indicators: [See ILMN weekly technical indicators chart]
Weekly Williams' Percentage Range and Lane's Stochastic are strongly overbought. Use the Technical Stock Screener to see the list of stocks with strongly overbought weekly overbought Williams' Percentage Range and Lane's Stochastic. Weekly MACD has bearish divergence. Use the following links to access the MACD help, or use the Technical Stock Screener to see the list of stocks with weekly 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 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 2, 2026 at 130.42 and reached 151.34 on January 7, 2026. ILMN gained -20.92 points, or -16.04%, in 5 days. The price is now at the 49.09% retracement level.

Daily Technical Indicators: [See ILMN daily technical indicators chart]
Daily Lane's Stochastic is overbought. Use the Technical Stock Screener to see the list of stocks with overbought daily Lane's Stochastic.

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

During the last week, the price has risen above the Parabolic SAR (stop and reversal). A Parabolic SAR below the price is a bullish signal, and it indicates that momentum is likely to remain in the upward direction. A Parabolic SAR is used as a trailing stop loss for long or short positions. It works best during strong trending periods. Use the following links to access Parabolic SAR Help, or use the Technical Stock Screener to see the list of stocks with the Parabolic SAR close to the price level.

Daily Oscillators
Description Value Status Divergence Chart
Relative Strength Index (RSI) 62.70
Williams' Percentage Range (W%R) 27.60
Lane's Stochastic (%D-Slow) 82.93
Overbought
Greed/Fear Indicator (GFI) 72.67
Moving Average Converg./Diverg. (MACD) 4.18
Weekly Oscillators
Description Value Status Divergence Chart
Relative Strength Index (RSI) 78.82
Williams' Percentage Range (W%R) 9.60
Strong Overbought
Lane's Stochastic (%D-Slow) 91.17
Strong Overbought
Greed/Fear Indicator (GFI) 82.73
Overbought
Moving Average Converg./Diverg. (MACD) 6.75 Bearish
Trading Signals
Description Value Chart
Weekly Stochastic Crossing 148.22
Upper Bollinger Band 147.82
Daily Stochastic Crossing 146.98
Price 141.07
20 Day Moving Average 136.75
Parabolic System 134.43
50 Day Moving Average 128.39
Lower Bollinger Band 125.89
Sector and Industry
Description Name Rank
Sector Health Care 9
Industry Biotechnology 98
Daily Trend
Description Value
Direction Down
Chart Pattern DownTrend
High 151.34
High Date 01/07/2026
Low 139.79
Low Date 01/09/2026
Weekly Trend
Monthly Trend
Description Value
Direction Up
Chart Pattern Uptrend
Status
Resistance
Support
Low 130.42
Low Date 01/02/2026
High 151.34
High Date 01/07/2026
Description Value
Direction Up
Chart Pattern Uptrend
Status
Resistance
Support
Low 88.00
Low Date 10/14/2025
High 151.34
High Date 01/07/2026
Quarterly Trend
Yearly Trend
Description Value
Direction Up
Chart Pattern Uptrend
Status
Resistance
Support
Low 68.70
Low Date 04/09/2025
High 151.34
High Date 01/07/2026
Description Value
Direction Down
Chart Pattern Falling Wedge
Status Broken Resistance
Resistance 31.62
Support 57.79
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.