
Technical analysis of Amgen Inc. (stock) with the Montbon Method — Elliott Waves, moving averages and a 0–100 score.
Amgen Inc. is a pharmaceutical company that discovers, develops, manufactures, and delivers human therapeutics worldwide. Its product portfolio includes medications for the treatment of rheumatoid arthritis, psoriasis, osteoporosis, oncological diseases, anemias, and other medical conditions, serving healthcare providers.
Description generated automatically from public sources; it may be inaccurate or out of date.
Closing values for October 21, 2026, computed on the last 12 months of prices.
21 sessions
417.46 $
+5.00%
50 sessions
415.86 $
+5.40%
200 sessions
367.45 $
+19.29%
s2
420.43
Support
s1
429.68
Support
pivot
434.37
Pivot
r1
443.62
Resistance
r2
448.31
Resistance
In the October 21, 2026 session Amgen Inc. closed lower at 438.34 $, −0.14% versus the previous session.
The price sits above every moving average observed: +5.00% against the 21-session average, +5.40% against the 50 and +19.29% against the 200.
The 14-period RSI reads 63.0, in neutral territory.
MACD stands at 7.487 against a signal line at 4.684: the histogram is positive (+2.803).
ADX reads 24.8, indicating weak directionality.
Levels computed on the latest session place supports at 429.68 and 420.43 $ and resistances at 443.62 and 448.31 $, around a pivot of 434.37.
The average daily range (ATR) is 10.531 $, or 2.40% of price.
Turnover was 2.3M shares, 85% of the 20-session average.
Over the last twelve months the price ranged between 316.28 and 447.01 $, and today stands −1.94% from the period high.
Measures computed on closing prices. They describe the past; they are not forecasts.
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Montbon analyses markets with Elliott Waves, multi-timeframe moving averages and a 0–100 score summarising the technical setup. It is an informational screening tool.
Elliott Waves
Wave counting to frame the price structure.
MTF moving averages
Moving averages across timeframes to read the trend.
0–100 score
A technical summary of the setup, updated daily.
How is Amgen Inc. analysed technically?
Technical analysis of Amgen Inc. is based on price charts and indicators such as moving averages, RSI and MACD, to observe trend, momentum and volatility across different time horizons.
Which timeframes are used for Amgen Inc.?
The daily and weekly charts are typically used for medium-to-long-term trends, while intraday charts (for example 1-hour or 15-minute) are used for short-term movements.
What are Elliott Waves applied to Amgen Inc.?
Elliott Wave theory describes price moves as sequences of impulsive and corrective waves; applied to Amgen Inc. it helps frame the technical structure of the historical chart and is not a forecast.
Disclaimer. For informational purposes only; not financial advice or a recommendation. Montbon Analytics is not an authorised financial intermediary.
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