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Takip Edin: @UscMarketsAMGN Stock Forecast & Amgen Chart Analysis
This article provides a detailed analysis of AMGN-Amgen Inc. stock including a forecast for AMGN shares. It features Amgen Inc. technical analysis, support and resistance levels, financial report evaluations, buy and sell signals based on simple moving averages and MACD, and artificial intelligence-assisted target price predictions
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AMGN Historical Data Review
AMGN Current Price Performance Analysis
The Amgen - AMGN stock traded on the American stock market, on 06-05-2024, closed at 307.38$ with a %0.00 increased compared to the previous day.
In the last month, the price of AMGN changed by %2.64 increased in value, from 299.48 dollars on 05-06-2024 to 307.38 dollars, increased.
Last year, the price of AMGN was 221.22 dollars on 06-06-2023, and changed by %38.95 increased in value, to 307.38 dollars increased within a year.
The price of Amgen stock is riding high above the 50-day and 100-day moving averages. This means it's on a positive run for now, great news for those who got in early. But let's not take our eyes off the ball; no stock climbs forever.
AMGN with AI Stock Forecast & Price Target
On the AMGN chart Amgen price was recorded as 307.38 Dollars on 06/05/2024.
The artificial intelligence's forecast on AMGN stock is as follows.
The artificial intelligence's prediction error margin for AMGN stock is very high.
There are two types of risk factors in the artificial intelligence's targets: timing and target prices.
For example, the target price for one month later may be realized three months later. But there is no guarantee of this.
The average predicted price for Amgen stock over the next 4 months is: 280.5 Dollars.
The commentary on AMGN stock Target Price: Highest: 309.163 Dollars is predicted.
The commentary on AMGN stock Target Price: Lowest: 257.355 Dollars is predicted.
Resistance Price where Amgen stock will Rise and Fall:
| Date | Price Prediction |
|---|---|
| 09-13-2024 | 270.720 |
| 11-22-2024 | 275.249 |
| 12-02-2024 | 275.118 |
| 03-17-2025 | 309.163 |
Support Price where Amgen stock will Fall and Rise:
| Date | Price Prediction |
|---|---|
| 08-09-2024 | 257.355 |
| 10-18-2024 | 259.258 |
| 11-27-2024 | 274.938 |
| 12-17-2024 | 274.121 |
The commentary on AMGN stock: Fluctuations in the target price can be expected in the coming days.
The target price for Amgen stock by the end of 2024 is predicted to be 279.162 Dollars.
The price prediction graph prepared with the help of artificial intelligence, the commentary on AMGN stock, and the 2024 target price predictions for Amgen are detailed above.
The technical analysis and charts for the commentary on AMGN stock are below.
AMGN Support & Resistance and Trend Analysis
AMGN stock you have reviewed the technical analysis support resistance charts regarding.
AMGN : Targeting Support and Resistance Price Levels
According to the algorithmic analysis results related to the AMGN review, the Amgen support and resistance prices are as follows.
Support and resistance levels on the chart are not absolute. They may vary depending on market conditions and macroeconomic indicators.
Amgen Support and Resistance Prices:
| AMGN Support Level Price | AMGN Resistance Level Price |
|---|---|
| 260.52 | 274.61 |
| 260.68 | 274.95 |
| 268.17 | 285.89 |
| 295.49 | 288.57 |
| 299.55 | 312.45 |
| 321.44 | |
| 325.77 | |
| 329.72 |
AMGN Technical Analysis: SMA, RSI, MACD
Upon reviewing the AMGN chart, buy and sell signals have been generated in the Amgen technical analysis with technical indicators. There are over 100 technical indicators in the market. Each technical indicator can produce different signals.
However, please remember that technical analysis is only a tool and exact results cannot be guaranteed.
On The technical analysis chart and stock comments for AMGN stock are as follows:- The technical analysis for AMGN indicates that the 14-period RSI has most recently generated a 'Sell' signal.
- The technical analysis for Amgen indicates that the MACD indicator (with parameters 9, 12, 26) has most recently generated a 'Sell' signal.
Basic Technical Analysis Tips for Financial Markets
- Moving averages may not yield reliable results in stagnant, sideways markets.
- According to MACD technical analysis, the most optimal buying opportunity is a 'Buy' signal given when the MACD is below the 0 level.
- An RSI crossing below 70 is used as a sell signal, and a crossing above 30 is used as a buy signal.
- During a strong upward trend, the RSI can rise above 70 and stay there.
- No indicator is perfect. Having indicators corroborate each other can increase the chances of success.
- Instead of fully relying on these indicators for your investment decisions, it is recommended to conduct a comprehensive analysis and consult a professional financial advisor.
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