Is Amgen, Inc. technically bullish or bearish?

Sep 20 2025 06:56 PM IST
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As of September 9, 2025, Amgen, Inc. is in a mildly bearish trend, supported by bearish MACD and RSI indicators, despite a slightly bullish daily moving average, and has underperformed the S&P 500 with a 1-year return of -17.15%.
As of 9 September 2025, the technical trend for Amgen, Inc. has changed from sideways to mildly bearish. The current stance is bearish, with key indicators supporting this view including a bearish MACD on both the weekly and monthly time frames, and a bearish RSI on the weekly. Bollinger Bands also indicate a bearish trend on both time frames. Moving averages show a mildly bullish signal on the daily, but this is overshadowed by the overall bearish sentiment in the weekly indicators. Additionally, the stock has underperformed against the S&P 500 across multiple periods, with a 1-year return of -17.15% compared to the S&P 500's 17.14%.
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