Amgen (AMGN) Chart Patterns, Support & Resistance & Technical Analysis

Auto-detected technical analysis for AMGN · data as of Jun 25, 2026. The chart above is live; the read below updates daily.

$352.82last close · Jun 25, 2026

AMGN Falling Wedge Pattern

No chart pattern is currently detected on AMGN. The most recent was a Falling Wedge, detected Apr 8, 2026.

A Falling Wedge is a brief, tidy pause that typically continues the move higher. It projects a measured-move target near $384.24 (+10.2%). Across 13,048 backtested falling wedges, the setup followed through 53.9% of the time, averaging +0.38R; AMGN's own falling wedges have hit 50.0%.

DirectionBullishTarget$384.24Projected move+10.2%Breakout level$348.16

AMGN's most recent Falling Wedge trade

AMGN's most recent completed Falling Wedge resolved as a loss: it broke higher on Apr 9, 2026 near $355.60, then was stopped out at $329.82 on May 1, 2026 — a -1.26R move (7.2%) over 16 sessions. Across 152 backtested falling wedges, this setup wins 61.8% of the time.

OutcomeLossResult-1.26REntry$355.60Exit$329.82

How Falling Wedges have performed

Win rate
53.9%
Avg return
+0.38R
Backtested trades
13,048
AMGN win rate
50.0%

Historical pattern statistics (1986-12-19 – 2026-06-10), not a prediction.

AMGN support and resistance levels

Price was turned away at a ceiling near $375.72 about 3 months ago and has been sliding since. On the weekly chart, the next floor below sits near $322.30 — still about 10% away.

  • Traders commonly watch $322.30 as a target (its 50% retracement) — think of it as a sensible next stop, not a guarantee.
  • That floor is the first place the slide might steady — worth watching how price behaves as it gets there.
  • Nothing here is a signal to act — the short would have set up at the $375.72 ceiling about 3 months ago, when price was turned away there, but price has already pulled lower. What's left is the slide playing out, not a fresh entry.

Nearest auto-detected support sits near $315.02, resistance near $378.61. These are chart/swing-derived levels, not formula pivots.

Resistance
$378.61$389.53$402.58$455.36$455.81$604.07$612.48
Support
$315.02$271.54$249.82

AMGN recent daily prices

DateOpenHighLowClose
Jun 25, 2026$350.06$359.10$350.06$352.82
Jun 24, 2026$348.00$354.42$346.00$351.43
Jun 23, 2026$348.31$349.40$345.49$347.01
Jun 22, 2026$337.65$345.11$337.60$344.72
Jun 18, 2026$344.38$345.00$334.05$337.60
Jun 17, 2026$347.08$349.40$338.90$341.66
Jun 16, 2026$352.00$353.66$345.87$347.84
Jun 15, 2026$355.50$358.30$349.56$350.53
Jun 12, 2026$357.40$358.17$351.96$355.20
Jun 11, 2026$342.91$358.46$341.46$354.06

AMGN frequently asked questions

What chart pattern is AMGN forming right now?
No pattern is currently detected on AMGN. The most recent was a Falling Wedge, detected Apr 8, 2026.
Is a Falling Wedge bullish or bearish?
The Falling Wedge detected on AMGN is a bullish pattern, projecting a measured-move target of $384.24. See its full backtested track record above — that's the real edge, not the textbook label.
How reliable is a Falling Wedge pattern, and what is its win rate?
Across TradingPal's backtest of the Falling Wedge family (13,048 trades over 516 symbols), it resolved in the expected direction 53.9% of the time with an average of +0.38R. These are historical statistics, not a prediction.
What are the support and resistance levels for AMGN?
Based on auto-detected, swing-derived levels (as of Jun 25, 2026), AMGN's nearest support is around $315.02 and nearest resistance around $378.61.
What is the price target if AMGN's pattern breaks out?
The detected Falling Wedge has a geometry-based measured-move target of $384.24 (pattern height projected from the breakout). This is a technical target, not a recommendation.
What was AMGN's closing price on Jun 25, 2026?
Amgen (AMGN) last closed at $352.82 on Jun 25, 2026. For the live quote, see the chart above or a real-time quote provider.

Technical analysis for informational purposes only — not investment advice. Auto-detected patterns and levels update daily; the chart above is live.

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