January 27, 2018
Top Pharma List
Another US Top Pharma
We had studied Amgen 2017 with the MA band and its correlation with GSK. Now let’s zoom out and see Amgen on a bigger picture scale. See the illustration below for more.
US Stock Analysis
Amgen Inc AMGN Year High Low From 1998
Study the chart from 1998, generally you could see the stock went sideway from 2000 to 2012, after 2012 the stock started to swing high, at least for four year before the stock begin to pullback.
From 2015, you can consider the stock price were sideways too, but it is a wide range sideways.
Now, will the stock price follow the 2017 momentum and begin to move higher in 2018. Will see.
Have fun!
Picture worth a thousand words. Think, think think (think more) and got more things. Have fun!
Manage your risk.
Powerful Chart Software – AmiBroker
The following chart is produced using AmiBroker charting software. It is a powerful chart software. You plot the stocks you are interested all in one chart, as long as you still could read them. See chart below.
January 24, 2018 Amgen Inc Year High Low
Have fun!
Moses
AmiBrokerAcademy.com
Disclaimer
The above result is for illustration purpose. It is not meant to be used for buy or sell decision. We do not recommend any particular stocks. If particular stocks of such are mentioned, they are meant as demonstration of Amibroker as a powerful charting software and MACD. Amibroker can program to scan the stocks for buy and sell signals.
These are script generated signals. Not all scan results are shown here. The MACD signal should use with price action. Users must understand what MACD and price action are all about before using them. If necessary you should attend a course to learn more on Technical Analysis (TA) and Moving Average Convergence Divergence, MACD.
Once again, the website does not guarantee any results or investment return based on the information and instruction you have read here. It should be used as learning aids only and if you decide to trade real money, all trading decision should be your own.