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AMGEN INC.
AMGEN INC.
- USD (-)
- 15 min delayed data - NASDAQ Stocks
Open: -
Change: -
Volume: -
Low: -
High: -
High / Low range: -
Type: Stocks
Ticker: AMGN
ISIN:

AMGEN INC. - 1H - Technical analysis published on 07/01/2021 (GMT)

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  • Timeframe : 1H
  • - Analysis generated on
  • Status : LEVEL MAINTAINED

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Summary of the analysis

Trends
Short term: Strongly bullish
Underlying: Strongly bullish
Technical indicators
89%
0%
11%
My opinion
Bullish above 243.11 USD
My targets
251.63 USD (+2.29%)
254.98 USD (+3.65%)
My analysis
All elements being clearly bullish, it would be possible for traders to trade only long positions (at the time of purchase) on AMGEN INC. as long as the price remains well above 243.11 USD. The buyers' bullish objective is set at 251.63 USD. A bullish break in this resistance would boost the bullish momentum. The buyers could then target the resistance located at 254.98 USD. If there is any crossing, the next objective would be the resistance located at 260.95 USD. However, beware of bullish excesses that could lead to a possible short-term correction; but this possible correction would not be tradeable.

Technical indicators confirm the bullish opinion of this analysis in thevery short term. However, be careful of excessive bullish movements. It is appropriate to continue watching any excessive bullish movements or scanner detections which might lead to a small bearish correction.
Force
0
10
8.9

Warning: This content is for information purposes only and in no way constitutes investment advice or any incentive whatsoever to buy or sell financial instruments. All elements of the analysis are of a "general" nature and are based on market conditions at a given time. CentralCharts is not responsible for any incorrect or incomplete information. Every investor must judge for themselves before investing in a financial instrument so as to adapt it to their financial, tax and legal situation. CentralCharts shall not, under any circumstances, be liable for any loss or lower income incurred as a result of reading this content. Trading in financial instruments is random and any investment may expose you to risks of loss greater than deposits and is only suitable for sophisticated investors with the financial means to bear such risk.

Vincent Launay
This analysis was given by Vincent Launay. Take part yourself by sharing additional analysis on another time unit:
15 min. Daily Weekly

Additional analysis

Quotes

The AMGEN INC. price is 246.00 USD. The price registered an increase of +0.92% on the session and was traded between 243.55 USD and 246.04 USD over the period. The price is currently at +1.01% from its lowest and -0.02% from its highest.

243.55
246.04
246.00

A bearish opening was detected by the Central Gaps scanner. Sellers are trying to impose a bearish trend in the very short term.

Central Gaps

Bearish opening

Type : Bearish

Timeframe : Openning



Here is a more detailed summary of the historical variations registered by AMGEN INC.:
The study of the highest / lowest by the Central Records scanner shows the following result:

Central Records

Near a new LOW record (1 month)

Type : Bearish

Timeframe : Weekly



Technical


Technical analysis of this 1H chart of AMGEN INC. indicates that the overall trend is strongly bullish. The signals given by the moving averages are 92.86% bullish. This strong bullish trend is confirmed by the strong signals currently being given by short-term moving averages. An assessment of moving averages reveals a bullish signal that could impact this trend:

Central Indicators

Bullish trend reversal : Moving Average 100

Type : Bullish

Timeframe : 1 hour



In fact, 16 technical indicators on 18 studied are currently positioned bullish. But beware of excesses. The Central Indicators scanner currently detects this:

Central Indicators

CCI indicator is overbought : over 100

Type : Neutral

Timeframe : 1 hour


Williams %R indicator is overbought : over -20

Type : Neutral

Timeframe : 1 hour

Central Indicators, the detector scanner for these technical indicators has recently detected several signals:

Central Indicators

Pivot points : price is over resistance 1

Type : Neutral

Timeframe : Weekly


Pivot points : price is over resistance 2

Type : Neutral

Timeframe : 1 hour



An analysis of the price chart with the Central Patterns scanner (detector of chart patterns and resistances and supports) shows a result that can have an impact on the price change:

Central Patterns

Horizontal resistance is broken

Type : Bullish

Timeframe : 1 hour



Central Candlesticks, the scanner specialised in Japanese candlesticks, detects a bullish signal that could support the hypothesis of a small rebound in the very short term:

Central Candlesticks

Bullish engulfing lines

Type : Bullish

Timeframe : 1 hour




ProTrendLines
S3
S2
S1
R1
R2
R3
Price


S3S2S1PriceR1R2R3
ProTrendLines 238.64 243.11 245.50 246.00 251.63 254.98 260.95
Change (%) -2.99% -1.17% -0.20% - +2.29% +3.65% +6.08%
Change -7.36 -2.89 -0.50 - +5.63 +8.98 +14.95
Level Major Major Major - Minor Intermediate Major



To determine price objectives, it is also possible to use the pivot points. Here is the price position in relation to pivot points:

Daily
Pivot points S3 S2 S1 PP R1 R2 R3
Standard240.24241.15242.45243.36244.66245.57246.87
Camarilla243.14243.35243.55243.75243.95244.16244.36
Woodie240.44241.25242.65243.46244.86245.67247.07
Fibonacci241.15241.99242.52243.36244.20244.73245.57


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard231.80234.37238.52241.09245.24247.81251.96
Camarilla240.83241.45242.06242.68243.30243.91244.53
Woodie232.60234.77239.32241.49246.04248.21252.76
Fibonacci234.37236.93238.52241.09243.65245.24247.81


Monthly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard223.39228.16235.96240.73248.53253.30261.10
Camarilla240.29241.45242.60243.75244.90246.06247.21
Woodie224.90228.92237.47241.49250.04254.06262.61
Fibonacci228.16232.97235.93240.73245.54248.50253.30

Numerical data


The following is the status of the technical indicators and moving averages at the time of publication of this technical analysis:

Technical indicators
Moving averages

RSI (14): 70.76
MACD (12,26,9): 0.7700
Directional Movement: 18.91
AROON (14): 64.29
DEMA (21): 244.62
Parabolic SAR (0,02-0,02-0,2): 242.33
Elder Ray (13): 1.55
Super Trend (3,10): 242.63
Zig ZAG (10): 245.67
VORTEX (21): 1.1000
Stochastique (14,3,5): 88.37
TEMA (21): 244.84
Williams %R (14): -4.17
Chande Momentum Oscillator (20): 3.16
Repulse (5,40,3): 0.5000
ROCnROLL: 1
TRIX (15,9): 0.0300
Courbe Coppock: 1.34
MA7: 242.45
MA20: 240.77
MA50: 244.34
MA100: 242.49
MAexp7: 244.64
MAexp20: 243.67
MAexp50: 242.51
MAexp100: 241.75
Price / MA7: +1.46%
Price / MA20: +2.17%
Price / MA50: +0.68%
Price / MA100: +1.45%
Price / MAexp7: +0.56%
Price / MAexp20: +0.96%
Price / MAexp50: +1.44%
Price / MAexp100: +1.76%

Quotes : - 15 min delayed data - NASDAQ Stocks

News


The last news published on AMGEN INC. at the time of the generation of this analysis was as follows:

This member declared not having a position on this financial instrument or a related financial instrument.

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