Amgen stock forecast: down to 262.38 USD AMGN stock price prognosis

STOCK

Forecast for Fri 14 Jun 2024 price 259.52

Amgen stock price forecast for further price development down to -5.26% (time horizon: 1 day) and price target of 262.38 USD. Short-term (time horizon: 2 weeks) Amgen share price prediction for 2024-06-14 with daily closed price projections

Key Facts

Symbol AMGN 

ISIN US0311621009 

CUSIP 031162100


Currency USD


Category Biological Products (No Diagnostic Substances)

Forecast price change %

Relative Strength Index (RSI)

Finance numbers

Revenue 25,164,000,000.0


Earnings per share 12.07


Dividends 6.72

On our site we made daily predictions for finance products based on statistical analysis. You can export / download forecasted data as CSV file, no login required. The information can be used for day trading.

Summerized Form 10-K with GPT-2

Amgen was incorporated in California in 1980 and became a Delaware corporation in 1987. For further discussion, see Item 7. The results of this trial have no impact on our submission plans. Prolia® was launched in the United States and Europe in 2010. This competition could impact the pricing and market share of our products. Such activities can offer important opportunities for differentiation. We plan to continue pursuing innovation efforts to strengthen our competitive position. The products we manufacture consist of both biologics and small molecule drugs. See Reimbursement section above. See Marketing, Distribution and Selected Marketed Products—Patents. It is being investigated in phase 3 studies for chemotherapy-induced thrombocytopenia. It is being evaluated in phase 3 as a treatment for severe asthma. We discuss the results of these surveys with our Board of Directors. From 2015 to 2019, Mr. Graham was Senior Vice President, General Counsel and Secretary. Mr. Santos joined the Company in 2007 as Executive Director, Manufacturing Technologies. Similar laws exist in Oregon and Washington. Further, government regulation of payers may affect these trends. We could face audit challenges to our application of the 2017 Tax Act. We operate in a highly competitive environment. Business—Marketing, Distribution and Selected Marketed Products—Competition. Certain of the existing patents on our products have expired. For example, our clinical trials have been adversely affected by the COVID-19 pandemic.

Summerized Form 10-K with GPT-2 https://www.sec.gov/Archives/edgar/data/318154/000031815421000010/0000318154-21-000010.txt
Candlestick patterns

Candlestick patterns can be used as additional information for price prediction. Following list show which pattern applies on latest price information.

  • Meta analyst score 60.76/100
    • Not in ideal financial position.
    • Historical view, profit is growing.
    • Company revenue is not growing faster compared with the industry.
    • Stock price is under book price value.

Institutional ownership list is based on filling form information

Holding name Date Amount
A - BARCLAYS PLC 2023-06-30 1690187
A - BARCLAYS PLC 2023-06-30 268400
Frank, Rimerman Advisors LLC 2021-03-31 1597
Frank, Rimerman Advisors LLC 2020-12-31 1597
CGC Financial Services, LLC 2023-06-30 50

Fund ownership list is based on filling form information

Fund name Date Amount Profile
Old Westbury Funds Inc 2023-07-31 7638 Long
DIMENSIONAL INVESTMENT GROUP INC 2023-07-31 152605 Long
Pacer Funds Trust 2023-07-31 581 Long
Pacer Funds Trust 2023-07-31 31140 Long
Pacer Funds Trust 2023-07-31 1790 Long

Insider trading for Amgen

CIK Name Date Action T-Test 1day T-Test 7day T-Test 14day T-Test 30day
1365306 Graham Jonathan P 2023-11-08 SALE Accept Accept Accept Accept


Bollinger Bollinger Bands for Amgen can provide the information where the market is moving based on price information.


Amgen Short Volume Ratio is shown in the diagram. Short volume sales can be seen as an investor sentiment.



Converting prices to returns Amgen.


On-Balance Volume information for Amgen. On-Balance Volume information can be an indicator for bullish or bearish outcome.



Accumulation / Distribution (A/D) indicator information for Amgen. The indicator identify divergences between price and volume flow.


Aroon Oscillator information for Amgen. The trend-following indicator can show the strengh of a current trend and likelihood that trend can continue.


Average Directional Index (ADX) information for Amgen. The index can be used to identify the strengh of a trend.


Moving Average Convergence Divergence (MACD) for Amgen. The indicator helps to predict trend direction and the momentum of the trend.


Stochastic Oscillator as momentum indicator for Amgen. The indicator is useful for identifying overbought and oversold levels.


Relative Strength Index (RSI) for Amgen. RSI is a momentum oscillator that measures the speed and change of price development. The momentum indicator was created by analyst Welles Wilder. The result compares recent gains and losses over restricted time period. Primary usage of the indicator is to identify overbought or oversold signals. When RSI indicator reaches a value of 70 it could mean that speculators should consider selling, suggests Wilder and Chong. Or vice versa when selling excess at which the RSI Indicators show a value of 30 [ Relative Strength Index for Developing Effective Trading Strategies in Constructing Optimal Portfolio ].


Heikin Ashi trading signals are generated based on the Heikin Ashi candles, which are a type of candlestick that smooths out the price action and can help to identify trends. Heikin Ashi signals can be used to identify both long and short trading opportunities.


The awesome oscillator is a momentum indicator that measures the speed and strength of price movements. It is calculated by subtracting a 34-period simple moving average (SMA) from a 5-period SMA.


The Parabolic SAR indicator is a trend-following indicator that uses a series of dots to indicate when a trend is likely to reverse. The Parabolic SAR is a lagging indicator, meaning that it does not predict reversals, but rather confirms them after they have already occurred.


Moving Average Crossover


52W High 52W Low Market Cap

Similar shares


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Figure below show the stock predictions.
Date Closing price Prediction was updated
2024-05-24 262.38 2024-04-20 10:18
2024-05-22 262.82 2024-04-20 10:18
2024-05-23 262.59 2024-04-20 10:18
2024-05-20 263.26 2024-04-20 10:18
2024-05-21 263.03 2024-04-20 10:18
2024-06-10 260.23 2024-04-20 10:18
2024-06-11 260.05 2024-04-20 10:18
2024-06-07 260.41 2024-04-20 10:18
2024-05-30 261.54 2024-04-20 10:18
2024-06-05 260.76 2024-04-20 10:18
2024-05-27 262.19 2024-04-20 10:18
2024-05-28 261.98 2024-04-20 10:18
2024-05-29 261.76 2024-04-20 10:18
2024-06-03 261.14 2024-04-20 10:18
2024-06-04 260.95 2024-04-20 10:18
2024-05-31 261.34 2024-04-20 10:18
2024-06-06 260.58 2024-04-20 10:18
2024-06-12 259.87 2024-04-20 10:18
2024-06-13 259.69 2024-04-20 10:18
2024-06-14 259.52 2024-04-20 10:18
2024-05-01 266.25 2024-04-20 10:18
2024-05-03 266.03 2024-04-20 10:18
2024-05-13 264.12 2024-04-20 10:18
2024-05-14 264.10 2024-04-20 10:18
2024-05-15 263.98 2024-04-20 10:18
2024-04-24 268.47 2024-04-20 10:18
2024-04-25 267.67 2024-04-20 10:18
2024-05-16 263.80 2024-04-20 10:18
2024-04-26 267.17 2024-04-20 10:18
2024-04-30 266.75 2024-04-20 10:18
2024-05-02 266.10 2024-04-20 10:18
2024-05-06 265.53 2024-04-20 10:18
2024-05-07 265.11 2024-04-20 10:18
2024-05-08 264.96 2024-04-20 10:18
2024-05-09 264.59 2024-04-20 10:18
2024-04-29 266.69 2024-04-20 10:18
2024-05-17 263.56 2024-04-20 10:18
2024-05-10 264.29 2024-04-20 10:18

The forecast (dashed curve) of the share price performance is based on historical data. Our forecast model is based on mathematical, statistical methods. The website offers price forecasts and analysis tools for equities and other securities, which are exclusively based on the prices of these securities in the past. Information about these prices is provided to us by third parties. Although we believe, If we believe that our sources are reliable, we cannot guarantee the accuracy, completeness, timeliness and correct sequencing of this information. We do not investigate the issuers of the securities to which our forecasts relate, nor do we consider any financial data or other data of such issuers with the exception of the past prices of the securities. Therefore, our forecasts do not constitute an analysis of other commercial or financial factors or circumstances, that may be relevant for future security price flows. Investments require additional considerations. Our forecasts cannot reflect the specific situation. Experience and risk profile of an individual investor or the tax implications an investment may have for the investor. Although we believe that our mathematical models are a tool to try to explore the possibility for future price development with the help of past performance, such developments are subject to a multitude of different influences. and therefore not really predictable. We cannot guarantee the success of any investment you make based on the information published here. This website is for information purposes only. All information and data on this website cannot be guaranteed to be accurate, accuracy, completeness and appropriateness - neither explicit nor implicit.