ILMN technical analysis

ILMN Technical Analysis

Analysis date

August 6, 2026

Market

NasdaqGS (USD)

Daily cutoff

August 5, 2026

Reliability

Passed

Informational use only. This page is not investment advice.

Data verification

ILMN Data Verification

Checking the latest completed daily bar for date and closing-price consistency before indicators are calculated.

Symbol
ILMN
Market
NasdaqGS
Currency
USD (US Dollar)
Latest completed bar
August 5, 2026

Historical prices are adjusted for corporate actions when applicable. Date and closing-price consistency checks passed for the latest completed daily bar.

Validation seriesLatest CloseDateDifferenceStatus
Calculation series199.87August 5, 2026-Verified
Verification series199.87August 5, 20260.00%Verified

Bottom line

ILMN Technical Analysis Summary

ILMN closed at 199.87 on August 5, 2026, down 1.55% on the day but up sharply over the past year, with the stock trading near the top of its 52-week range between 88.00 and 207.00. The daily trend is bullish: price sits above SMA20 at 193.84, SMA50 at 178.82, and SMA200 at 141.29, and RSI14 at 59.22 leaves room before overbought territory. The daily MACD histogram has turned slightly negative at -0.14, a warning that the recent advance may be pausing. The weekly chart is even stronger, with the weekly close at 205.10 above all major SMAs and weekly RSI at 77.71 now in overbought territory. Key resistance is at 207.00, the 20-period and 60-period high and also the top of the 52-week range. Near-term support is at the SMA20 at 193.84, then the 20-day low at 178.88. A close above 207.00 would confirm a continuation of the uptrend, while a break below the SMA20 would signal the start of a deeper pullback after an extended advance.

Multi-timeframe dashboard

Multi-Timeframe Technical Dashboard

Comparing daily (2-year) and weekly (5-year) perspectives to identify aligned or conflicting signals.

Daily (August 5, 2026)

Trend
Bullish. Price at 199.87 is above SMA20 (193.84), SMA50 (178.82), and SMA200 (141.29). The SMA200 is sloping upward after a year of recovery, and the stock is trading in the upper part of its 52-week range, reflecting a strong multi-month advance.
Momentum
Bullish but stalling. RSI14 at 59.22 is above the 50 midline and below the 70 overbought threshold. MACD at 6.57 is slightly below the signal line at 6.70 with a small negative histogram of -0.14, suggesting the recent upward impulse is taking a breather.
Volatility
Moderate. ATR14 at 7.79 (3.90% of price) reflects an average daily range of about 3.9%. Bollinger Bands run from 182.34 to 205.34, and the close at 199.87 sits in the upper half of the band, consistent with a strong recent advance.
Volume
Above average. Latest volume of 2,266,000 is about 1.21 times the 20-day average (1,874,740), showing active participation in the recent push toward the 52-week high.

Assessment

The daily chart shows a strong uptrend that is approaching a potential inflection point. Price is above all key moving averages and within about 3.6% of the 52-week high at 207.00. The small negative MACD histogram and RSI at 59.22 suggest momentum is neither broken nor extended, leaving the setup constructive as long as price holds above the SMA20 at 193.84. A close above 207.00 would extend the breakout, while a move below the SMA20 would be the first sign that the advance is losing traction.

Weekly (July 27, 2026 week)

Trend
Mixed but positive. Price at 205.10 is above SMA20 (155.34), SMA50 (133.76), and SMA200 (140.51), with the SMA20 well above the longer averages. The SMA50 at 133.76 remains below the SMA200 at 140.51, a residual from the earlier drawdown even though price has recovered to near its 52-week high.
Momentum
Overbought. RSI14 at 77.71 is above the 70 overbought threshold after the recent surge, which can signal that the advance is extended in the short term even though it does not guarantee an immediate reversal. MACD at 18.67 is above the signal line at 13.94 with a positive and rising histogram of 4.73, confirming strong upward momentum on the longer timeframe.
Volatility
Elevated. ATR14 at 14.15 (6.90% of price) reflects wide weekly ranges typical of a stock recovering from much lower levels. Bollinger Bands run from 101.86 to 208.81, and the close at 205.10 sits at the top of the band.
Volume
Above average. Weekly volume of 12,408,800 is about 1.47 times the 20-week average (8,421,300), indicating strong participation in the advance.

Assessment

The weekly chart shows a powerful recovery. The series ends with the week of July 27, whose close of 205.10 predates the August 5 daily close of 199.87. Price is above all major SMAs and within about 0.4% of the 52-week high at 205.93, with weekly RSI at 77.71 in overbought territory. The strong MACD keeps the longer-term trend constructive, but the overbought RSI and proximity to resistance suggest the risk of a pause or pullback is rising. The key level remains the 20-week high at 205.93; a close above it would leave little overhead supply, while a retreat toward the SMA20 at 155.34 would be a deeper correction.

Key indicators

ILMN Key Technical Indicators

RSI, MACD, moving averages, ATR, and Bollinger Bands across daily and weekly timeframes.

IndicatorDailyWeekly
RSI (14)59.2277.71
MACD (12, 26, 9)6.57 / 6.70 / -0.1418.67 / 13.94 / 4.73
ATR (14)7.79 (3.90%)14.15 (6.90%)
Bollinger Bands (20, 2)182.34 - 205.34101.86 - 208.81
SMA (20)193.84155.34
SMA (50)178.82133.76
SMA (200)141.29140.51

Price structure

ILMN Price Structure and Returns

Price performance across multiple lookback periods and 52-week position.

MetricDailyWeekly
Current Price199.87205.10
1-Period Return-1.55%+5.67%
5-Period Return+2.59%+16.17%
20-Period Return+6.42%+72.44%
60-Period Return+40.87%+148.12%
252-Period Return+103.04%-46.60%
52-Week Low88.0088.00
52-Week High207.00205.93
52-Week Position94.01%99.30%

Key levels

ILMN Support and Resistance Levels

Key price levels based on recent swing highs and lows across daily and weekly timeframes.

LevelDailyWeekly
20-Period High207.00205.93
20-Period Low178.88116.74
60-Period High207.00205.93
60-Period Low138.0682.60

Scenarios

ILMN Technical Scenarios

Conditions, invalidation triggers, and what to watch for each scenario.

Bullish

Trigger

Price closes above the 20-period high at 207.00 on the daily chart, which is also the 52-week high, with volume confirmation.

Invalidation

A close back below the SMA20 at 193.84.

What to watch

Volume on the push toward 207.00; daily RSI holding above 55; weekly RSI cooling from overbought without a sharp price decline.

Range-Bound

Trigger

Price consolidates between support at the SMA20 at 193.84 and resistance at 207.00 while the overbought weekly RSI unwinds.

Invalidation

A decisive close beyond either boundary with expanding volume.

What to watch

RSI on the daily chart staying between 50 and 65; volume declining toward the 20-day average; the daily MACD histogram remaining near zero.

Bearish

Trigger

Price breaks below the SMA20 at 193.84 and then the 20-day low at 178.88.

Invalidation

Price reclaims the SMA20 at 193.84 and holds above it.

What to watch

Sustained closes below 193.84; rising downside volume; the daily MACD histogram turning more negative and weekly RSI falling below 70.

Methodology

Methodology and Limitations

This technical analysis is calculated locally from adjusted OHLCV history. The daily series ends August 5, 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 5, 2026, weekly July 27, 2026 week. Generated August 6, 2026.