US stock / ETF

Amgen Inc.

AMGN · NASDAQ · USD

4 hoursRange47%
4h Range probability 94%Range

AMGN 4H chart

EMA21EMA50Bollinger
----

Market View

Market Shift

4h: EMA8/21/50 are in bearish alignment

Confirmation Trigger

Break either side of $374.46 - $443.74 with volume.

Invalidation Trigger

A trend close outside the ATR band changes the range thesis.

Market Context

Trend PhaseBearish
Weak Pullback

Price is below EMA21

4h
Momentum StateBullish
Momentum improving

RSI 36.3, MACD 1.925

4h
Volatility EnvironmentBullish
Low volatility

ATR is $3.69 (0.97%)

4h

EMA Structure

Bearish
EMA 8$377.54Bullish
EMA 21$382.52Bearish
EMA 50$397.09Bearish

Signals

CategoryReadStrength
Momentum
RSI 36.3 · MACD 1.925

Momentum is weak

Strength
Bullish
Volatility
ATR $3.69 · BB 2.86%

Low volatility

Strength
Bullish
Volume
MFI 50.9 · OBV -0.30%

Relative to 20-period average volume

Strength
Range
Price Levels
$374.46 - $443.74

Support/Resistance Distance

Strength
Bearish

Key Levels

Upper risk zone

+17.71% · 18.2 ATR above latest close

$447.43
Nearest resistance

+16.74% · 17.2 ATR above · 34-bar high

$443.74
Current price

Price shown is delayed

$380.1
Nearest support

-1.48% · 1.5 ATR below · 34-bar low

$374.46
Deeper support zone

-2.46% · 2.5 ATR below latest close

$370.77
ATR zone

Latest close ± ATR14

$376.41 - $383.79

Indicators

Trend

Dow Theory Structure

Confirmation $374.46, invalidation $379.11

downtrend · LH/LLBearish
ADX / +DI / -DI (14)

Trend strength is active

25.8 / 27.1 / 11.2Bullish
Supertrend (10,3)

Price is above Supertrend

$368.8Bullish
Ichimoku Cloud

Cloud Span A / Span B

$381.62 / $410.41Bearish
Donchian Channel (20)

20-period breakout channel position

42%Bearish

Volatility

ATR (14)

Low volatility

$3.69 (0.97%)Bullish
Bollinger Bands (20,2)

Width 2.86%

64%Bullish
Keltner Channel upper / lower

ATR channel lower / upper

$388.56 / $375.34Bullish
ATR channel lower / upper

Current Volatility Envelope

$376.41 / $383.79Bullish

Levels / Risk

Resistance

Nearest Upside Decision Level

$443.74Range
Support

Nearest Downside Decision Level

$374.46Range

Momentum

RSI (14)

Momentum is weak

36.3Bearish
MACD (12,26,9)

Histogram is positive

1.925Bullish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

55.6 / 32.7Bullish
Williams %R (14)

Neutral zone

-44.4Range
CCI (20)

Balanced zone

1.8Range
TD Sequential

Setup is not extreme

sell 2Bearish

Volume / Money Flow

MFI (14)

Money flow is neutral

50.9Range
OBV slope

20-period OBV slope

-0.30%Bearish
Volume ratio

Relative to 20-period average volume

1.62xBullish

Trend

Dow Theory Structure

Confirmation $374.46, invalidation $379.11

downtrend · LH/LLBearish
ADX / +DI / -DI (14)

Trend strength is active

25.8 / 27.1 / 11.2Bullish
Supertrend (10,3)

Price is above Supertrend

$368.8Bullish
Ichimoku Cloud

Cloud Span A / Span B

$381.62 / $410.41Bearish
Donchian Channel (20)

20-period breakout channel position

42%Bearish

Momentum

RSI (14)

Momentum is weak

36.3Bearish
MACD (12,26,9)

Histogram is positive

1.925Bullish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

55.6 / 32.7Bullish
Williams %R (14)

Neutral zone

-44.4Range
CCI (20)

Balanced zone

1.8Range
TD Sequential

Setup is not extreme

sell 2Bearish

Volatility

ATR (14)

Low volatility

$3.69 (0.97%)Bullish
Bollinger Bands (20,2)

Width 2.86%

64%Bullish
Keltner Channel upper / lower

ATR channel lower / upper

$388.56 / $375.34Bullish
ATR channel lower / upper

Current Volatility Envelope

$376.41 / $383.79Bullish

Volume / Money Flow

MFI (14)

Money flow is neutral

50.9Range
OBV slope

20-period OBV slope

-0.30%Bearish
Volume ratio

Relative to 20-period average volume

1.62xBullish

Levels / Risk

Resistance

Nearest Upside Decision Level

$443.74Range
Support

Nearest Downside Decision Level

$374.46Range

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