US stock / ETF

Biogen Inc.

BIIB · NASDAQ · USD

4 hoursBearish87%
4h Downside probability 87%Bearish

BIIB 4H chart

EMA21EMA50Bollinger
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Market View

Market Shift

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

Confirmation Trigger

Recover $222.63 and stabilize above resistance $230.43.

Invalidation Trigger

Break above $230.43 with RSI back above 50.

Market Context

Trend PhaseBearish
Weak Pullback

Price is below EMA21

4h
Momentum StateBearish
Momentum soft

RSI 39.3, MACD -0.504

4h
Volatility EnvironmentBullish
Low volatility

ATR is $2.95 (1.35%)

4h

EMA Structure

Bearish
EMA 8$221.06Bearish
EMA 21$222.63Bearish
EMA 50$222.76Bearish

Signals

CategoryReadStrength
Momentum
RSI 39.3 · MACD -0.504

Momentum is weak

Strength
Bearish
Volatility
ATR $2.95 · BB 5.03%

Low volatility

Strength
Bullish
Volume
MFI 48.4 · OBV -12.74%

Relative to 20-period average volume

Strength
Range
Price Levels
$215.99 - $230.43

Support/Resistance Distance

Strength
Bearish

Key Levels

Upper risk zone

+6.94% · 5.1 ATR above latest close

$233.38
Nearest resistance

+5.59% · 4.1 ATR above · 34-bar high

$230.43
Current price

Price shown is delayed

$218.24
Nearest support

-1.03% · 0.8 ATR below · 34-bar low

$215.99
Deeper support zone

-2.38% · 1.8 ATR below latest close

$213.04
ATR zone

Latest close ± ATR14

$215.28 - $221.19

Indicators

Trend

Dow Theory Structure

Confirmation $227.72, invalidation $218.27

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

Trend strength is moderate

15.1 / 20.7 / 30.7Bearish
Supertrend (10,3)

Price is above Supertrend

$208.69Bullish
Ichimoku Cloud

Cloud Span A / Span B

$222.28 / $222.51Bearish
Donchian Channel (20)

20-period breakout channel position

17%Bearish

Volatility

ATR (14)

Low volatility

$2.95 (1.35%)Bullish
Bollinger Bands (20,2)

Width 5.03%

9%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$228.58 / $216.55Bullish
ATR channel lower / upper

Current Volatility Envelope

$215.28 / $221.19Bullish

Levels / Risk

Resistance

Nearest Upside Decision Level

$230.43Range
Support

Nearest Downside Decision Level

$215.99Range

Momentum

RSI (14)

Momentum is weak

39.3Bearish
MACD (12,26,9)

Histogram is negative

-0.504Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

19.1 / 21.8Bearish
Williams %R (14)

Oversold zone

-80.9Bullish
CCI (20)

Weak expansion

-155.2Bearish
TD Sequential

Setup is not extreme

buy 4Bullish

Volume / Money Flow

MFI (14)

Money flow is neutral

48.4Range
OBV slope

20-period OBV slope

-12.74%Bearish
Volume ratio

Relative to 20-period average volume

0.75xBearish

Trend

Dow Theory Structure

Confirmation $227.72, invalidation $218.27

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

Trend strength is moderate

15.1 / 20.7 / 30.7Bearish
Supertrend (10,3)

Price is above Supertrend

$208.69Bullish
Ichimoku Cloud

Cloud Span A / Span B

$222.28 / $222.51Bearish
Donchian Channel (20)

20-period breakout channel position

17%Bearish

Momentum

RSI (14)

Momentum is weak

39.3Bearish
MACD (12,26,9)

Histogram is negative

-0.504Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

19.1 / 21.8Bearish
Williams %R (14)

Oversold zone

-80.9Bullish
CCI (20)

Weak expansion

-155.2Bearish
TD Sequential

Setup is not extreme

buy 4Bullish

Volatility

ATR (14)

Low volatility

$2.95 (1.35%)Bullish
Bollinger Bands (20,2)

Width 5.03%

9%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$228.58 / $216.55Bullish
ATR channel lower / upper

Current Volatility Envelope

$215.28 / $221.19Bullish

Volume / Money Flow

MFI (14)

Money flow is neutral

48.4Range
OBV slope

20-period OBV slope

-12.74%Bearish
Volume ratio

Relative to 20-period average volume

0.75xBearish

Levels / Risk

Resistance

Nearest Upside Decision Level

$230.43Range
Support

Nearest Downside Decision Level

$215.99Range

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