BIIB Biogen Idec. Stock analysis and forecast. Last price.$290.75 05-20-2014
Hi Everybody. Today I want to review the BIIB previous analysis. In the previous analysis you can see some fundamentals and technicals. Now I want to analyse the Chart and calculate the actual targets.
During the last weeks the stock is moving in a flat pattern.The last week the stock reach the 300 price level.
The stock is above the 200 avg and is moving easily at $290 level.
I´m waiting for a breakout of the stock and it´s probably will reach a $310 target soon.
Those are the revenues of BIIB and forecast:
Let´s see the Chart.
And the technicals:
The macd is above the signal and close to zero.
The RSI is at 48% in a flat pattern.
The Stochastic is at 51% and it seems that will bounce soon.
The DMI is flat.
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