Amgen Technical Analysis

Amgen Inc -- USA Stock  

USD 186.64  0.88  0.47%

Amgen Inc shows Mean Deviation of 0.9094 and Risk Adjusted Performance of 0.15. Amgen Inc technical analysis gives you the methodology to make use of historical prices and volume patterns to determine a pattern that approximates the direction of the firm future prices. In plain English you can use this information to find out if the firm will indeed mirror its model of historical prices and volume momentum or the prices will eventually revert. We found eighteen technical drivers for Amgen Inc which can be compared to its rivals. Please confirm Amgen Inc Variance as well as the relationship between Maximum Drawdown and Semi Variance to decide if Amgen Inc is priced correctly providing market reflects its regular price of 186.64 per share. Given that Amgen has Treynor Ratio of 0.245, we suggest you validate Amgen Inc prevailing market performance to make sure the company can sustain itself at future point.
Investment Horizon     30 Days    Login   to change

Amgen Inc Trend Analysis

Use this graph to draw trend lines for Amgen Inc. You can use it to identify possible trend reversals for Amgen as well as other signals and approximate when it will take place. Remember, you need at least two touches of the trend line with actual Amgen price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.

Amgen Best Fit Change Line

The following chart estimates an ordinary least squares regression model for Amgen Inc applied against its price change over selected period. The best fit line has a slop of 0.83 % which means Amgen Inc will continue generating value for investors. It has 34 observation points and a regression sum of squares at 556.98, which is the sum of squared deviations for the predicted Amgen price change compared to its average price change.

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Amgen Inc is rated fourth in mean deviation category among related companies. It is currently under evaluation in standard deviation category among related companies creating about  1.27  of Standard Deviation per Mean Deviation. The ratio of Standard Deviation to Mean Deviation for Amgen Inc is roughly  1.27