ILMN Technical Signal Analysis
ILMN have 1 buy signal and 3 sell signals now. The current trend is downtrend starting from 2025-03-11. The total price change during this trend is -0.56%. Recently, the price has increased significantly with an increase in volume, indicating a strong bullish signal. The average turnover of ILMN over last 5 trading day is $228,821,768.47
1 Bullish Signal
3 Bearish Signal
Name
Signal
Value
Meaning
Relative Strength Index (14 days)
RSI_14 < 30
23.76
Bullish
Name
Signal
Value
Meaning
Awesome Oscillator (5, 34)
AO_5_34 < 0
-19.42
Bearish
Momentum (10 days)
MOM_10 < 0
-4.92
Bearish
Moving Average Convergence Divergence (12, 26, 9)
MACD_12_26_9 < 0
-8.95
Bearish
1 Bullish Signal
Name
Signal
Value
Meaning
Relative Strength Index (14 days)
RSI_14 < 30
23.76
Bullish
ILMN Support and Resistance Level
The support levels for ILMN are at 81.29, 78.28, and 73.42, while the resistance levels are at 91, 94.01, and 98.86. With the current stock price at 84.05, it is leaning more toward the support levels.
ILMN Technical Analysis
Technical Analysis of ILMN Stock
Current Price and Trend:
As of the latest data, ILMN is trading at $86.95. The stock has shown a mixed trend recently, with a slight upward movement in the regular market session (+2.33%) but a decline in pre-market trading (-0.30%). The volume of 3,237,602 indicates moderate trading activity.
Technical Indicators:
- RSI (14): 25.87, which is in the oversold territory, suggesting a potential rebound.
- MACD: -10.28, indicating a bearish trend, but recent price action shows a slight upward movement.
- Fibonacci Levels: Pivot at 88.60, resistance at 94.98 and 98.92, and support at 82.22 and 78.28.
Fibonacci Analysis:
The stock is currently below the pivot point, which may act as resistance if it attempts to rise. A break above 88.60 could test the first resistance level at 94.98.
Recent News Impact:
ILMN has faced challenges due to the U.S.-China trade war, with China banning imports of genetic sequencers, leading to a stock price decline. However, the company reported strong Q4 results, beating earnings estimates and providing positive FY2025 guidance.
Moving Averages:
- 50-Day SMA: $95.27
- 200-Day SMA: $125.45
The stock is trading below both the 50-day and 200-day moving averages, indicating a bearish trend.
Conclusion:
Given the mixed technical indicators and external pressures, the recommendation is to sell ILMN stock at the current price of $86.95. The stock may face resistance at higher levels, and the overall trend remains bearish.
ILMN FAQs
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ILMN Buy or Sell
ILMN has 1 buy signals and 3 sell signals now. Overall the technical rating for ILMN is Sell.
Sell
Sell
3
Buy
1
ILMN Moving Average
This analysis outlines the stock's performance across different time frames using Simple Moving Averages (SMA). In the swing, the stock shows a negative trend with the 84.05 below the SMA_5. In the short term, the stock shows a negative trend with the 85.07 below the SMA_20. In the mid term, the stock shows a positive trend with the 91.19 above the SMA_60. In the long term, the stock shows a negative trend with the 118.73 below the SMA_200.
Swing
Negative
Stock Price Below SMA_5
Short Term
Negative
SMA_5 Below SMA_20
Mid Term
Positive
SMA_20 Above SMA_60
Long Term
Negative
SMA_60 Below SMA_200
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What do technical indicators suggest about ILMN's current trend?What are ILMN's key support and resistance levels?