How the (AMGN) price action is used to our Advantage
May 19, 2025, 14:36 pm ET, BY Jeff W.- Contributor| Editor: Thomas H. Kee Jr. (Follow on LinkedIn)
Longer Term Trading Plans for AMGN
- Buy AMGN near 252.98 target 280.42 stop loss @ 252.25 Details
The technical summary data tells us to buy AMGN near 252.98 with an upside target of 280.42. This data also tells us to set a stop loss @ 252.25 to protect against excessive loss in case the stock begins to move against the trade. 252.98 is the first level of support below 274.53 , and by rule, any test of support is a buy signal. In this case, support 252.98 would be being tested, so a buy signal would exist.
- Short AMGN slightly under 280.42, target 252.98, stop loss @ 281.23 Details
The technical summary data is suggesting a short of AMGN as it gets near 280.42 with a downside target of 252.98. We should have a stop loss in place at 281.23though. 280.42 is the first level of resistance above 274.53, and by rule, any test of resistance is a short signal. In this case, if resistance 280.42 is being tested, so a short signal would exist.
Swing Trading Plans for AMGN
- Buy AMGN slightly over 280.42, target 308.71, Stop Loss @ 279.61 Details
If 280.42 begins to break higher, the technical summary data tells us to buy AMGN just slightly over 280.42, with an upside target of 308.71. The data also tells us to set a stop loss @ 279.61 in case the stock turns against the trade. 280.42 is the first level of resistance above 274.53, and by rule, any break above resistance is a buy signal. In this case, 280.42, initial resistance, would be breaking higher, so a buy signal would exist. Because this plan is based on a break of resistance, it is referred to as a Long Resistance Plan.
- Short AMGN slightly near 280.42, target 268.87, Stop Loss @ 281.23. Details
The technical summary data is suggesting a short of AMGN if it tests 280.42 with a downside target of 268.87. We should have a stop loss in place at 281.23 though in case the stock begins to move against the trade. By rule, any test of resistance is a short signal. In this case, if resistance, 280.42, is being tested a short signal would exist. Because this plan is a short plan based on a test of resistance it is referred to as a Short Resistance Plan.
Day Trading Plans for AMGN
- Buy AMGN slightly over 280.42, target 308.71, Stop Loss @ 279.77 Details
If 280.42 begins to break higher, the technical summary data tells us to buy AMGN just slightly over 280.42, with an upside target of 308.71. The data also tells us to set a stop loss @ 279.77 in case the stock turns against the trade. 280.42 is the first level of resistance above 274.53, and by rule, any break above resistance is a buy signal. In this case, 280.42, initial resistance, would be breaking higher, so a buy signal would exist. Because this plan is based on a break of resistance, it is referred to as a Long Resistance Plan.
- Short AMGN slightly near 280.42, target 271.24, Stop Loss @ 281.07. Details
The technical summary data is suggesting a short of AMGN if it tests 280.42 with a downside target of 271.24. We should have a stop loss in place at 281.07 though in case the stock begins to move against the trade. By rule, any test of resistance is a short signal. In this case, if resistance, 280.42, is being tested a short signal would exist. Because this plan is a short plan based on a test of resistance it is referred to as a Short Resistance Plan.
Check the time stamp on this data. Updated AI-Generated Signals for Amgen Inc. (AMGN) available here: AMGN.
AMGN Ratings for May 19:
| Term → | Near |
Mid |
Long |
|---|
| Rating |
Neutral |
Weak |
Neutral |
| P1 |
0 |
0 |
252.98 |
| P2 |
262.84 |
259.95 |
280.42 |
| P3 |
271.24 |
268.87 |
308.71 |
AI Generated Signals for AMGN
Blue = Current Price
Red= Resistance
Green = Support
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Our job as #investors is to pay attention to the #stocks we own. Part of that involves looking at the #fundamentals, but half of the disclosure comes from looking at price action. The Amgen Inc. (NASDAQ: AMGN) data table below can help you with price action, and we have more details too. Trading plans for AMGN are shown here too; these plans are updated in real time for subscribers, where this report is static. If you want an update, or a report on a different stock, please get one here Unlimited Real Time Reports.
Fundamental Charts for AMGN:
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