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- 8/22/2025 -
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Illumina Inc (ILMN) Technical Analysis

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Summary:
Weekly :Price is near the Fibonacci 38.2% retracement level
Daily :Lane's Stochastic bearish divergenceBroken trend resistance lineDaily  MACD line has moved above its signal line
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It was a second consecutive positive week for the Illumina Inc (ILMN). During the week, the ILMN gained 1.69 points, or 1.69%, and closed at 101.80 on Friday, August 22, 2025. Weekly volume was -36% 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. Price is near the Fibonacci 38.2% retracement level. The Fibonacci retracement level is considered a support/resistance 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 Broadening Ascending Wedge chart pattern. The trend support level is at 98.30 and resistance is at 121.58. A Broadening Ascending Wedge pattern is considered to be a reversal formation. It usually appears in a mature trend, characterized by overbought/oversold long-term and short-term indicators, and often generates divergence on long-term indicators. Use the following link to access a Broadening Ascending Wedge chart pattern help, or use a Technical Stock Screener to see the list of stocks with Broadening Ascending Wedge pattern 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 July 28, 2025 at 111.00 and reached 92.19 on August 1, 2025. ILMN lost 18.81 points, or 16.95%, in 4 days. The chart has formed a Symmetric Triangle chart pattern. The downtrend resistance line (99.57) is broken. A broken support is considered to be a long-term bullish 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 resistance line in a short-term trend.

Daily Technical Indicators: [See ILMN daily technical indicators chart]
Daily technical indicators are neutral. Daily Lane's Stochastic has bearish divergence. Use the following links to access the Lane's Stochastic help, or use the Technical Stock Screener to see the list of stocks with daily Lane's Stochastic 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 link to access Lane's Stochastic help.

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

Daily Oscillators
Description Value Status Divergence Chart
Relative Strength Index (RSI) 58.43
Williams' Percentage Range (W%R) 58.20
Lane's Stochastic (%D-Slow) 78.74
Bearish
Greed/Fear Indicator (GFI) 59.65
Moving Average Converg./Diverg. (MACD) 0.65
Weekly Oscillators
Description Value Status Divergence Chart
Relative Strength Index (RSI) 64.32
Williams' Percentage Range (W%R) 25.90
Lane's Stochastic (%D-Slow) 66.70
Greed/Fear Indicator (GFI) 66.47
Moving Average Converg./Diverg. (MACD) -4.58
Trading Signals
Description Value Chart
Monthly Trendline Resistance 121.58
Upper Bollinger Band 108.41
Weekly Stochastic Crossing 103.58
Daily Stochastic Crossing 102.33
Price 101.80
Weekly Trendline Resistance 101.26
20 Day Moving Average 100.04
Weekly Trendline Support 99.57
Monthly Trendline Support 98.30
50 Day Moving Average 97.87
Parabolic System 96.16
Lower Bollinger Band 90.87
Sector and Industry
Description Name Rank
Sector Health Care 7
Industry Biotechnology 72
Daily Trend
Description Value
Direction Up
Chart Pattern Uptrend
Low 92.19
Low Date 08/01/2025
High 103.65
High Date 08/22/2025
Weekly Trend
Monthly Trend
Description Value
Direction Down
Chart Pattern Symmetric Triangle
Status Broken Resistance
Resistance 101.26
Support 99.57
High 111.00
High Date 07/28/2025
Low 92.19
Low Date 08/01/2025
Description Value
Direction Up
Chart Pattern Broadening Ascending Wedge
Status Valid
Resistance 121.58
Support 98.30
Low 68.70
Low Date 04/09/2025
High 111.00
High Date 07/28/2025
Quarterly Trend
Yearly Trend
Description Value
Direction Down
Chart Pattern DownTrend
Status
Resistance
Support
High 156.70
High Date 11/05/2024
Low 68.70
Low Date 04/09/2025
Description Value
Direction Down
Chart Pattern DownTrend
Status
Resistance
Support
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.