AMGN technical analysis
AMGN Technical Analysis
Analysis date
August 5, 2026
Market
NasdaqGS (USD)
Daily cutoff
August 4, 2026
Reliability
Passed
Informational use only. This page is not investment advice.
Data verification
AMGN Data Verification
Checking the latest completed daily bar for date and closing-price consistency before indicators are calculated.
- Symbol
- AMGN
- Market
- NasdaqGS
- Currency
- USD (US Dollar)
- Latest completed bar
- August 4, 2026
Historical prices are adjusted for corporate actions when applicable. Date and closing-price consistency checks passed for the latest completed daily bar.
| Validation series | Latest Close | Date | Difference | Status |
|---|---|---|---|---|
| Calculation series | 390.02 | August 4, 2026 | - | Verified |
| Verification series | 390.34 | August 4, 2026 | 0.08% | Verified |
Bottom line
AMGN Technical Analysis Summary
AMGN shows a bullish technical structure across both daily and weekly timeframes as of the August 4, 2026 daily cutoff. Price at 390.02 trades above the SMA20 (372.48), SMA50 (357.74), and SMA200 (341.66) on the daily chart, and weekly price action is similarly above all key weekly moving averages. The daily RSI at 64.90 and weekly RSI at 63.76 are firm but below overbought, and both MACD histograms are positive. The latest completed daily bar rose 2.94% on above-average volume, lifting the 52-week position to 94.04% near the 398.00 resistance that marks the 20-period, 60-period, and 52-week high. Key support rests at 353.95 (20-day low) and 320.97 (60-day low). A sustained break above 398.00 would signal renewed upside momentum; a breakdown below 353.95 would suggest a deeper correction toward the 320.97 level.
Multi-timeframe dashboard
Multi-Timeframe Technical Dashboard
Comparing daily (2-year) and weekly (5-year) perspectives to identify aligned or conflicting signals.
Daily (August 4, 2026)
- Trend
- Bullish. Price at 390.02 is above SMA20 (372.48), SMA50 (357.74), and SMA200 (341.66), with the moving averages stacked in bullish order. Price has pushed toward the 398.00 zone that marks the 20-day, 60-day, and 52-week high.
- Momentum
- Bullish. RSI14 at 64.90 is above the neutral 50 level but below the overbought threshold of 70, indicating firm momentum without an extreme reading. The MACD line (8.41) is above its signal (7.47) with a positive histogram (0.94), confirming bullish momentum on the daily timeframe.
- Volatility
- Moderate. ATR14 at 10.43 (2.68% of price) reflects average daily movement of about 2.7%. Bollinger Bands (350.42 to 394.54) are moderately wide, and price is trading in the upper portion of the band, consistent with recent upside momentum.
- Volume
- Above average. Latest volume of 3,456,595 is 140.9% of the 20-period average (2,452,905), indicating increased participation on the latest completed bar.
Assessment
The daily timeframe is bullish with price above all key moving averages, positive MACD momentum, and above-average volume on the latest completed bar. Price sits just below the 398.00 resistance. A sustained move above 398.00 would signal renewed upside; a break below SMA20 (372.48) would point to a short-term pullback.
Weekly (July 27, 2026 week)
- Trend
- Bullish. Price at 385.16 is above SMA20 (350.22), SMA50 (331.97), and SMA200 (278.19), with the moving averages in bullish order. The longer-term uptrend has carried price well above the 52-week low of 264.02 and toward the 52-week high of 398.00.
- Momentum
- Bullish. RSI14 at 63.76 is above neutral with room before the overbought threshold. The MACD line (10.78) is above its signal (7.92) with a positive histogram (2.86), confirming sustained bullish momentum on the weekly timeframe.
- Volatility
- Moderate to elevated. ATR14 at 19.88 (5.16% of price) reflects wider weekly ranges, consistent with an established uptrend. Price closed just above the upper Bollinger Band (382.22), reflecting strong near-term momentum.
- Volume
- Slightly above average. Weekly volume of 14,278,400 is 110.3% of the 20-week average (12,941,570), indicating normal to slightly elevated participation.
Assessment
The weekly timeframe confirms a strong uptrend with price above all key moving averages and positive MACD momentum. The 52-week position at 90.42% reflects a mature uptrend near the highs. A weekly close above 398.00 would confirm continued upside, while a break below SMA20 (350.22) would signal a deeper correction.
Key indicators
AMGN Key Technical Indicators
RSI, MACD, moving averages, ATR, and Bollinger Bands across daily and weekly timeframes.
| Indicator | Daily | Weekly |
|---|---|---|
| RSI (14) | 64.90 | 63.76 |
| MACD (12, 26, 9) | 8.41 / 7.47 / 0.94 | 10.78 / 7.92 / 2.86 |
| ATR (14) | 10.43 (2.68%) | 19.88 (5.16%) |
| Bollinger Bands (20, 2) | 350.42 - 394.54 | 318.22 - 382.22 |
| SMA (20) | 372.48 | 350.22 |
| SMA (50) | 357.74 | 331.97 |
| SMA (200) | 341.66 | 278.19 |
Price structure
AMGN Price Structure and Returns
Price performance across multiple lookback periods and 52-week position.
| Metric | Daily | Weekly |
|---|---|---|
| Current Price | 390.02 | 385.16 |
| 1-Period Return | +2.94% | +2.43% |
| 5-Period Return | -0.78% | +7.49% |
| 20-Period Return | +5.95% | +5.97% |
| 60-Period Return | +19.41% | +36.65% |
| 252-Period Return | +35.32% | +109.14% |
| 52-Week Low | 264.02 | 264.02 |
| 52-Week High | 398.00 | 398.00 |
| 52-Week Position | 94.04% | 90.42% |
Key levels
AMGN Support and Resistance Levels
Key price levels based on recent swing highs and lows across daily and weekly timeframes.
| Level | Daily | Weekly |
|---|---|---|
| 20-Period High | 398.00 | 398.00 |
| 20-Period Low | 353.95 | 318.12 |
| 60-Period High | 398.00 | 398.00 |
| 60-Period Low | 320.97 | 260.01 |
Scenarios
AMGN Technical Scenarios
Conditions, invalidation triggers, and what to watch for each scenario.
Bullish
Trigger
Price breaks and holds above 398.00 (20-day and 60-day high, also the 52-week high) with increasing volume.
Invalidation
Price closes back below SMA20 (372.48) on the daily chart.
What to watch
Sustained daily closes above 398.00; RSI holding above 60; MACD histogram remaining positive.
Range-Bound
Trigger
Price oscillates between 353.95 (20-day low) and 398.00 (20-day high).
Invalidation
A decisive break of either boundary with increasing volume.
What to watch
RSI staying between 50 and 70; daily MACD histogram flattening; volume normalizing toward the 20-period average.
Bearish
Trigger
Price breaks below 353.95 (20-day low) and then the 60-day low at 320.97.
Invalidation
Price reclaims SMA20 (372.48) and holds above it.
What to watch
Sustained closes below SMA50 (357.74); rising downside volume on daily and weekly charts.
Methodology
Methodology and Limitations
This technical analysis is calculated locally from adjusted OHLCV history. The daily series ends August 4, 2026, and the weekly series ends July 27, 2026 week. The latest completed daily bar is independently checked for date and closing-price consistency. Historical prices are adjusted for corporate actions when applicable. Indicators include Wilder RSI(14), MACD(12,26,9), SMA20/50/200, Wilder ATR(14), Bollinger Bands(20,2), relative volume, multi-period returns, and price-range levels. Support and resistance are descriptive zones, not guaranteed reversal points. Historical patterns do not predict future prices, and this page is not investment advice.
Frequently Asked Questions
This technical analysis is for informational and educational purposes only. It does not constitute investment advice, a recommendation, or a solicitation to buy or sell any security. Past performance and historical patterns are not guarantees of future results. All investments carry risk, including the potential loss of principal. Always conduct your own research and consult with a qualified financial advisor before making investment decisions.
Market data is checked for date and closing-price consistency before indicators are calculated. Data cutoffs: daily August 4, 2026, weekly July 27, 2026 week. Generated August 5, 2026.
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