AMGN technical analysis

• – Price vs EMA20: The weekly close is above EMA20 by 3.38%.
• – Price vs EMA50: The weekly close is above EMA50 by 11.00%.
• – Price vs EMA200: The weekly close is above EMA200 by 31.01%.
• – EMA stack: Bullish. The 20 > 50 > 200 alignment shows trend strength on the weekly timeframe, not entry timing.
• – Crosses: Nothing was found for the last EMA50/EMA200 cross within the computable window, so no dated golden cross or death cross is reported.

What would change this read

• – A weekly close back below EMA20 389.85 would remove the current above-EMA20 condition.
• – A weekly close back below EMA50 363.1 would break the current 20 > 50 > 200 bullish stack.
• – If a future computation reports a last EMA50/EMA200 cross that is not "none within the computable window," that would change the cross history from the current "nothing was found" state.

• – MACD vs signal line: MACD is 16.0651 and signal is 16.7356, so MACD is below the signal line in a bearish posture. The last signal-line crossover was bearish on 2026-10-02, 0 weeks ago.
• – Histogram: histogram is -0.6705, so it is negative. The 4-bar change is -1.6672, which means momentum is decelerating further on the weekly timeframe.
• – Zero-line position: MACD is above zero, so the broader weekly MACD regime remains positive even though MACD is below the signal line. The last zero-line cross was bullish on 2025-10-27, 49 weeks ago. This is separate from the signal-line crossover and reflects a different horizon.
• – Divergence checks: bearish divergence check found nothing. The last two price pivots were 2026-08-17 close 439.33/macd 19.3848 -> 2026-09-21 close 414.61/macd 17.8954, which is not flagged as bearish divergence. Bullish divergence check also found nothing. The last two price pivots were 2026-06-15 close 337.6/macd 2.5751 -> 2026-09-07 close 377.35/macd 19.9801, which is not flagged as bullish divergence.

What would change this read

• – A weekly close and MACD move that restores MACD above signal, reversing the bearish signal-line crossover from 2026-10-02.
• – A histogram move from -0.6705 to positive territory, which would show weekly momentum improving.
• – A MACD move back below zero, reversing the bullish zero-line cross from 2025-10-27.

• – Current RSI and state: The current weekly RSI(14) is 55.85, which is neutral, not overbought and not oversold.
• – Direction over the last four weeks: RSI was 50.5 four bars ago and is now 55.85, so the weekly RSI has been rising over the last four weeks.
• – Most recent 70/30 band event: The most recent band event was a fall back below 70 on 2026-09-07, which was 4 bars ago.
• – Divergence checks: Nothing was found on the bearish divergence check. Nothing was found on the bullish divergence check.

What would change this read

• – A move back above 70 after the 2026-09-07 fall back below 70 would change the band-state context.
• – A drop back to 50.5 or lower would reverse the current rising weekly RSI direction.
• – A bearish or bullish divergence would need to be explicitly detected in a future last-two-price-pivots check, since both checks are currently none.

• – ATR value and meaning: The weekly ATR(14) is 22.98. As a percentage of the latest weekly close of 403.04, that is 5.7%. This means AMGN has been moving about 22.98 points per week on average over the last 14 weeks.
• – Volatility versus eight weeks ago: Volatility is expanding. ATR(14) increased from 21.13 eight bars ago to 22.98 now.
• – What the ATR bands imply:
• – The 1x ATR band from the weekly close is 380.06 to 426.02. That is the normal expected weekly movement envelope based on 1 ATR around the close.
• – The 2x ATR band from the weekly close is 357.09 to 448.99. That marks a wider expected weekly movement envelope based on 2 ATR around the close.

These are expected range references, not price predictions.

What would change this read

• – If ATR(14) moved back to 21.13, the expanding-volatility read would no longer hold.
• – If the 1x ATR band from the close changed away from 380.06 to 426.02, the current expected weekly range would need updating.
• – If the 2x ATR band from the close changed away from 357.09 to 448.99, the broader weekly range envelope would need updating.

• – 52-week range: the weekly high is 447.03, set on 2026-08-24, and the weekly low is 288.00, set on 2025-10-27.
• – Distance from extremes: the latest weekly close of 403.04 is 9.84% below the 52-week high and 39.94% above the 52-week low.
• – Position in the longer cycle: at 72.3% of the 52-week range, AMGN is in the upper part of its yearly weekly range, above the midpoint of 367.51, which places it closer to the high than the low.

What would change this read

• – A weekly close back to the 52-week high of 447.03 would shift the range position to the top of the band.
• – A move down to the midpoint of 367.51 would reduce the current upper-range placement and weaken the cycle read.
• – A break toward the 52-week low of 288.00 would move the stock back into the lower end of the weekly range.