|
Archive - 4/17/2025 - Sign In to see current Signals. |
Illumina Inc (ILMN) Technical Analysis
|
 |
| Summary:
| | Weekly : | | Daily :    Move cursor over the icon to see details.
| | It was the negative week for the Illumina Inc (ILMN). During the week, the ILMN dropped -3.58 points, or -4.79%, and closed at 71.20 on Thursday, April 17, 2025. Weekly volume was -12% below average.
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. Price is near the trend low.
Medium-term trend: [See ILMN medium-term trend chart] A medium-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 trend low.
Weekly Technical Indicators: [See ILMN weekly technical indicators chart] Weekly Relative Strength Index, Williams' Percentage Range and Lane's Stochastic are strongly oversold. Use the Technical Stock Screener to see the list of stocks with weekly strongly oversold Relative Strength Index, 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, Relative Strength Index and Williams' Percentage Range help. The weekly MACD line is below its signal line since December 20, 2024. This is an indication that the medium-term trend is down. The distance between MACD and the signal line is relatively high, but getting smaller. It indicates that the current medium-term downtrend is still strong, and momentum is beginning to wane. 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 April 9, 2025 at 68.70 and reached 76.16 on April 14, 2025. ILMN gained -7.46 points, or -10.86%, in 5 days. The chart has formed a Rising Wedge chart pattern. The uptrend support line (75.27) is broken. Usually a broken support is considered to be a long-term bearish signal, but since daily indicators are oversold a short-term pull back is possible. ILMN may retest the broken support line. It is considered to be a resistance 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 support in a short-term trend.
Daily Technical Indicators: [See ILMN daily technical indicators chart] Daily Williams' Percentage Range is oversold. Use the Technical Stock Screener to see the list of stocks with daily oversold Williams' Percentage Range. The daily MACD line is above its signal line since April 10, 2025. This is an indication that the short-term trend is up. The distance between MACD and the signal line is low, but getting bigger. It indicates that the current short-term uptrend is getting stronger. 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.
Candlestick pattern: [See ILMN candlestick chart pattern] On Friday the chart has formed a Bullish Doji Star Candlestick pattern. The reliability of the Bullish Doji Star pattern is moderate. Use the Technical Stock Screener to see the list of stocks that had a Bullish Doji Star Candlestick pattern during the last week.
| |
|
|