Question 1

What does the Stochastic Oscillator suggest about AMGN's trend?

Accepted Answer

The Stochastic Oscillator entered the overbought zone. Expect a price pull-back in the foreseeable future.

Question 2

How did AMGN's Momentum indicator behave recently?

Accepted Answer

The Momentum Indicator moved above the 0 level on August 19, 2024. You may want to consider a long position or call options on AMGN as a result. In 50 of 82 past instances where the momentum indicator moved above 0, the stock continued to climb. The odds of a continued upward trend are 0%.

Question 3

What does MACD indicator imply for AMGN?

Accepted Answer

The Moving Average Convergence Divergence Histogram (MACD) for AMGN turned negative on July 29, 2024. This could be a sign that the stock is set to turn lower in the coming weeks. Traders may want to sell the stock or buy put options. Tickeron's A.I.dvisor looked at 45 similar instances when the indicator turned negative. In 19 of the 45 cases the stock turned lower in the days that followed. This puts the odds of success at 0%.

Question 4

What is the significance of the 50-day moving average indicator for AMGN?

Accepted Answer

AMGN moved above its 50-day moving average on August 08, 2024 date and that indicates a change from a downward trend to an upward trend.

Question 5

What does a 3-day decline signify for AMGN's future price movement?

Accepted Answer

Moving lower for three straight days is viewed as a bearish sign. Keep an eye on this stock for future declines. Considering data from situations where AMGN declined for three days, in 152 of 299 cases, the price declined further within the following month. The odds of a continued downward trend are 51%.

Question 6

What does AMGN breaking above its upper Bollinger Band indicate?

Accepted Answer

AMGN may jump back above the lower band and head toward the middle band. Traders may consider buying the stock or exploring call options.

Question 7

How does the Aroon Indicator reflect on AMGN's trend?

Accepted Answer

The Aroon Indicator entered an Uptrend today. In 109 of 235 cases where AMGN Aroon's Indicator entered an Uptrend, the price rose further within the following month. The odds of a continued Uptrend are 0%.

AMGN Stock Amgen (AMGN, $314.72) RSI Indicator left the overbought zone on May 16, 2024

AMGN in -1.44% downward trend, sliding for three consecutive days on August 12, 2024

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