Maximize Returns with AI-Powered AMGN Trading Strategies



AI AMGN Forecast + Trading Strategies


Price Forecast:


Bearish   <->   Bullish

Bullish Case: Amgen's robust pipeline, particularly in obesity and rare diseases, coupled with a successful Horizon acquisition, offers significant growth potential. Positive sales trends and strong fundamentals suggest upcoming price appreciations as catalysts materialize.

Bearish Case: Amgen faces risks from increasing biosimilar competition, legal challenges, and patent expirations, which could significantly impact revenues. Recent insider selling and short interest trends indicate market uncertainty and potential downward pressure.

Potential Outcomes:

1. Positive trial outcomes in obesity drugs (60% chance).

2. Increased biosimilar competition affecting sales (50% chance).

3. Successful integration of Horizon assets yields revenue growth (70% chance).

4. Legal challenges impact stock negatively (40% chance).

Trading Oracle: Sign Up to access trading oracle trade ideas.

August 21, 2024


AMGEN Forecast

AMGN      AMGEN

4 Day Price Forecast + Historical Performance.  Video Tutorial: Trade Smarter With Helium's AI Forecasts

9 Day Price Forecast + Historical Performance.  Video Tutorial: Trade Smarter With Helium's AI Forecasts

20 Day Price Forecast + Historical Performance.  Video Tutorial: Trade Smarter With Helium's AI Forecasts

36 Day Price Forecast + Historical Performance.  Video Tutorial: Trade Smarter With Helium's AI Forecasts

49 Day Price Forecast + Historical Performance.  Video Tutorial: Trade Smarter With Helium's AI Forecasts











Correlated Assets

Assets that tend to move strongly with AMGN


VRTX Forecast + Options Trading Strategies   VRTX  Vertex Pharmaceuticals (0.9)


BRC Forecast + Options Trading Strategies   BRC  Brady Corp. (0.86)


FYBR Forecast + Options Trading Strategies   FYBR  Frontier Communications Parent (0.85)


AX Forecast + Options Trading Strategies   AX  Axos Financial (0.85)


DAC Forecast + Options Trading Strategies   DAC  Danaos (0.82)



Uncorrelated Assets

Assets with little price relationship to AMGN


LUV Forecast + Options Trading Strategies   LUV  Southwest Airlines (-0.0)


DRIP Forecast + Options Trading Strategies   DRIP  Direxion Daily S&P Oil & Gas Exp. & Prod. (-0.0)


DXCM Forecast + Options Trading Strategies   DXCM  Dexcom (0.0)


QS Forecast + Options Trading Strategies   QS  QuantumScape (0.01)


VAL Forecast + Options Trading Strategies   VAL  Valaris (0.01)



Anticorrelated Assets

Assets that tend to move strongly against AMGN


MBI Forecast + Options Trading Strategies   MBI  MBIA (-0.81)


PTEN Forecast + Options Trading Strategies   PTEN  Patterson-UTI Energy (-0.81)


DQ Forecast + Options Trading Strategies   DQ  Daqo New Energy (-0.84)


GO Forecast + Options Trading Strategies   GO  Grocery Outlet (-0.85)


LAC Forecast + Options Trading Strategies   LAC  Lithium Americas (-0.85)



Become a more profitable investor with AI optimized trading strategies





×

Chat with AMGN


 Ask any question about AMGN!