ILMN technical analysis
ILMN Technical Analysis
Analysis date
July 18, 2026
Market
NasdaqGS (USD)
Daily cutoff
July 17, 2026
Reliability
Passed
Informational use only. This page is not investment advice.
Data verification
ILMN Data Verification
Cross-validating the latest completed daily bar across independent sources.
- Symbol
- ILMN
- Market
- NasdaqGS
- Currency
- USD (US Dollar)
- Latest completed bar
- July 17, 2026
No adjustment factor (adjusted close equals raw close, factor 1.0). No stock splits or dividend adjustments affecting the analysis period.
| Source | Latest Close | Date | Difference | Status |
|---|---|---|---|---|
| Yahoo Finance Chart API (primary) | 289.45 | July 17, 2026 | - | Verified |
| Finviz (independent) | 289.45 | July 17, 2026 (previous close) | 0.00% | Verified |
Bottom line
ILMN Technical Analysis Summary
ILMN shows a cautiously bullish technical setup heading into the second half of 2026. The daily trend is positive with price trading above SMA20 and SMA50, though still below SMA200, reflecting a recovery leg within a longer-term downtrend. RSI at 57 on the daily sits in neutral territory with room to run. MACD is positive but the histogram has flattened, suggesting momentum may be stalling. The weekly picture remains bearish with price below all key SMAs, though RSI has climbed out of oversold territory. The stock is trading near the upper end of its recent range between 260.20 (20-day low) and 299.10 (20-day high). A breakout above 300 would be a strong bullish signal, while a loss of 260 would suggest the recovery has failed.
Multi-timeframe dashboard
Multi-Timeframe Technical Dashboard
Comparing daily (2-year) and weekly (5-year) perspectives to identify aligned or conflicting signals.
Daily (July 17, 2026)
- Trend
- Bullish-leaning. Price at 289.45 is above SMA20 (276.35) and SMA50 (271.20), but below SMA200 (298.75). SMA20 crossed above SMA50 15 sessions ago, confirming a short-term bullish alignment. SMA200 continues to slope downward, indicating the long-term trend has not yet turned.
- Momentum
- Neutral-to-bullish. RSI14 at 57.32 is in neutral territory, neither overbought nor oversold. MACD at 4.15 with signal at 3.60 and a histogram of 0.55 shows positive but flatlining momentum. The narrowing histogram suggests the bullish impulse may be losing steam.
- Volatility
- Moderate. ATR14 at 8.95 (3.09% of price) reflects typical daily ranges for a mid-cap life sciences stock. Bollinger Bands (251.18 to 311.40) are moderately wide, with price occupying the middle-to-upper range.
- Volume
- Below average. Latest volume of 2,147,800 is 72.3% of the 20-period average (2,970,000), indicating reduced participation during the recent consolidation.
Assessment
The daily chart shows a stock in the early stages of a recovery from its longer-term downtrend. Price has reclaimed SMA20 and SMA50, which is a positive short-term signal. However, the failing MACD histogram momentum and the downward-sloping SMA200 suggest this is still a counter-trend move within a broader bearish structure. A close above 300 with volume would significantly strengthen the bullish case.
Weekly (July 13, 2026 week)
- Trend
- Bearish. Price at 285.30 is below SMA20 (295.10), SMA50 (302.45), and well below SMA200 (330.80). All major moving averages remain in a bearish alignment with short-term averages below long-term averages.
- Momentum
- Improving from oversold. RSI14 at 44.80 has moved out of oversold territory but remains below the 50 midpoint, reflecting improving but still negative momentum. MACD at -3.20 with signal at -5.85 and a rising histogram of 2.65 shows that bearish momentum is decelerating.
- Volatility
- Elevated. ATR14 at 18.45 (6.47% of price) reflects the higher weekly volatility typical of a stock transitioning from a downtrend to a potential base-building phase.
- Volume
- Below average. Weekly volume of 10,835,000 is 85.1% of the 20-week average (12,730,000), suggesting indecision among market participants at this juncture.
Assessment
The weekly chart paints a guarded picture. While price remains below all SMAs—a textbook bearish configuration—the improving RSI and narrowing MACD suggest the downtrend is losing force. The stock is essentially in a no-mans-land between a confirmed downtrend and a potential reversal. The price structure shows a series of lower highs since the 2021 peak, and a weekly close above the SMA20 at 295 would be the first meaningful sign of a trend change.
Key indicators
ILMN Key Technical Indicators
RSI, MACD, moving averages, ATR, and Bollinger Bands across daily and weekly timeframes.
| Indicator | Daily | Weekly |
|---|---|---|
| RSI (14) | 57.32 | 44.80 |
| MACD (12, 26, 9) | 4.15 / 3.60 / 0.55 | -3.20 / -5.85 / 2.65 |
| ATR (14) | 8.95 (3.09%) | 18.45 (6.47%) |
| Bollinger Bands (20, 2) | 251.18 - 311.40 | 238.90 - 345.60 |
| SMA (20) | 276.35 | 295.10 |
| SMA (50) | 271.20 | 302.45 |
| SMA (200) | 298.75 | 330.80 |
Price structure
ILMN Price Structure and Returns
Price performance across multiple lookback periods and 52-week position.
| Metric | Daily | Weekly |
|---|---|---|
| Current Price | 289.45 | 285.30 |
| 1-Period Return | +0.82% | +1.95% |
| 5-Period Return | +3.40% | +4.20% |
| 20-Period Return | +8.75% | -2.10% |
| 60-Period Return | +12.30% | -5.80% |
| 252-Period Return | -15.20% | +8.45% |
| 52-Week Low | 181.20 | 181.20 |
| 52-Week High | 320.50 | 318.80 |
| 52-Week Position | 66.80% | 62.40% |
Key levels
ILMN 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 | 299.10 | 299.10 |
| 20-Period Low | 260.20 | 254.50 |
| 60-Period High | 309.80 | 320.50 |
| 60-Period Low | 242.35 | 225.10 |
Scenarios
ILMN Technical Scenarios
Conditions, invalidation triggers, and what to watch for each scenario.
Bullish
Trigger
Price breaks and holds above the 20-day high of 299.10 on above-average volume, followed by a clean move through the SMA200 at 298.75.
Invalidation
Price falls back below the SMA50 at 271.20.
What to watch
Sustained close above 300; RSI holding above 55 on pullbacks; weekly RSI crossing above 50.
Range-Bound
Trigger
Price continues to oscillate between 260.20 support and 299.10 resistance, with volume declining.
Invalidation
A decisive close outside either boundary with expanding volume.
What to watch
RSI staying between 40 and 60; volume remaining below the 20-period average; MACD histogram flattening near zero.
Bearish
Trigger
Price breaks below the 20-day low at 260.20 and subsequently the 60-day low at 242.35.
Invalidation
Price reclaims the SMA50 (271.20) and holds above it.
What to watch
Close below SMA20 (276.35); MACD histogram turning negative; RSI falling below 40.
Methodology
Methodology and Limitations
This technical analysis uses adjusted closing prices from Yahoo Finance (primary) and Finviz (independent cross-validation). The daily analysis covers approximately 2 years (500 completed bars) ending July 17, 2026. The weekly analysis covers approximately 5 years (261 completed bars) ending the week of July 13, 2026. Prices are adjusted for dividends and stock splits using the adjusted close/raw close ratio. Volume data is from the primary source and may not match other data providers. Technical indicators include SMA, RSI, MACD, ATR, and Bollinger Bands using standard parameters. Key levels are identified from recent swing highs and lows. Technical analysis studies historical price patterns and does not constitute investment advice. It should not be used as the sole basis for trading decisions.
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.
Data sourced from Yahoo Finance (primary) and Finviz (independent cross-validation). Data cutoffs: daily July 17, 2026, weekly July 13, 2026 week. Generated July 18, 2026.
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