US stock / ETF

Biogen Inc.

BIIB · NASDAQ · USD

1 hourBearish84%
1h Downside probability 84%Bearish

BIIB 1H chart

EMA21EMA50Bollinger
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Market View

Market Shift

1h: price is below EMA21, short trend is weak

Confirmation Trigger

Recover $249.94 and stabilize above resistance $258.63.

Invalidation Trigger

Break above $258.63 with RSI back above 50.

Market Context

Trend PhaseRange
Sideways Structure

Price is below EMA21

1h
Momentum StateBearish
Momentum soft

RSI 37.1, MACD -1.201

1h
Volatility EnvironmentBullish
Low volatility

ATR is $3.48 (1.42%)

1h

EMA Structure

Range
EMA 8$248.1Bearish
EMA 21$249.94Bearish
EMA 50$248.36Bearish

Signals

CategoryReadStrength
Momentum
RSI 37.1 · MACD -1.201

Momentum is weak

Strength
Bearish
Volatility
ATR $3.48 · BB 5.16%

Low volatility

Strength
Bullish
Volume
MFI 24.7 · OBV -6.40%

Relative to 20-period average volume

Strength
Bearish
Price Levels
$241.25 - $258.63

Support/Resistance Distance

Strength
Bearish

Key Levels

Upper risk zone

+7.4% · 5.2 ATR above latest close

$262.11
Nearest resistance

+5.97% · 4.2 ATR above · 34-bar high

$258.63
Current price

Price shown is delayed

$244.05
Nearest support

-1.15% · 0.8 ATR below · 34-bar low

$241.25
Deeper support zone

-2.57% · 1.8 ATR below latest close

$237.77
ATR zone

Latest close ± ATR14

$240.57 - $247.53

Indicators

Trend

Dow Theory Structure

Confirmation $258.63, invalidation $241.25

range · mixedRange
ADX / +DI / -DI (14)

Trend strength is active

31.5 / 13.3 / 57.0Bearish
Supertrend (10,3)

Price is above Supertrend

$230.75Bullish
Ichimoku Cloud

Cloud Span A / Span B

$249.94 / $249.33Bearish
Donchian Channel (20)

20-period breakout channel position

16%Bearish

Volatility

ATR (14)

Low volatility

$3.48 (1.42%)Bullish
Bollinger Bands (20,2)

Width 5.16%

-3%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$258.78 / $241.05Bullish
ATR channel lower / upper

Current Volatility Envelope

$240.57 / $247.53Bullish

Levels / Risk

Resistance

Nearest Upside Decision Level

$258.63Range
Support

Nearest Downside Decision Level

$241.25Range

Momentum

RSI (14)

Momentum is weak

37.1Bearish
MACD (12,26,9)

Histogram is negative

-1.201Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

16.1 / 21.5Bearish
Williams %R (14)

Oversold zone

-83.9Bullish
CCI (20)

Weak expansion

-211.3Bearish
TD Sequential

Setup is not extreme

buy 6Bullish

Volume / Money Flow

MFI (14)

Money flow is weak

24.7Bearish
OBV slope

20-period OBV slope

-6.40%Bearish
Volume ratio

Relative to 20-period average volume

4.41xBullish

Trend

Dow Theory Structure

Confirmation $258.63, invalidation $241.25

range · mixedRange
ADX / +DI / -DI (14)

Trend strength is active

31.5 / 13.3 / 57.0Bearish
Supertrend (10,3)

Price is above Supertrend

$230.75Bullish
Ichimoku Cloud

Cloud Span A / Span B

$249.94 / $249.33Bearish
Donchian Channel (20)

20-period breakout channel position

16%Bearish

Momentum

RSI (14)

Momentum is weak

37.1Bearish
MACD (12,26,9)

Histogram is negative

-1.201Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

16.1 / 21.5Bearish
Williams %R (14)

Oversold zone

-83.9Bullish
CCI (20)

Weak expansion

-211.3Bearish
TD Sequential

Setup is not extreme

buy 6Bullish

Volatility

ATR (14)

Low volatility

$3.48 (1.42%)Bullish
Bollinger Bands (20,2)

Width 5.16%

-3%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$258.78 / $241.05Bullish
ATR channel lower / upper

Current Volatility Envelope

$240.57 / $247.53Bullish

Volume / Money Flow

MFI (14)

Money flow is weak

24.7Bearish
OBV slope

20-period OBV slope

-6.40%Bearish
Volume ratio

Relative to 20-period average volume

4.41xBullish

Levels / Risk

Resistance

Nearest Upside Decision Level

$258.63Range
Support

Nearest Downside Decision Level

$241.25Range

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