Amgen(AMGN)
Auto-detected technical analysis for AMGN · data as of Jul 22, 2026. The chart above is live; the read below updates daily.
AMGN is currently forming a falling wedge on the daily timeframe. Detected Jul 22, 2026.
A falling wedge is a brief, tidy pause that typically continues the move higher. A breakout projects a measured-move target near $362.91 (+7.5%). Across 10,683 backtested falling wedges, the setup followed through 56.4% of the time, averaging +0.52R; AMGN's own falling wedges have hit 59.3%.
New to this pattern? What a falling wedge is and how to trade it →
AMGN's most recent completed falling wedge resolved as a win: it broke higher on Jun 4, 2026 near $345.87, then reached its target at $363.39 on Jul 10, 2026 — a 5.1% move (+0.74R) over 24 sessions. Across 111 backtested falling wedges, this setup wins 69.4% of the time.
Historical pattern statistics (1987-01-30 – 2026-07-17), not a prediction.
Every completed pattern trade our nightly backtest found on AMGN's daily chart, newest first — wins and losses alike.
| Pattern | Entry | Exit | Outcome | Result |
|---|---|---|---|---|
| Falling Wedge | Jun 4, 2026 @ $345.87 | Jul 10, 2026 @ $363.39 | Win | +7.5% · +0.74R |
| Falling Wedge | May 20, 2026 @ $332.33 | Jun 10, 2026 @ $337.73 | Win | +5.7% · +0.48R |
| Triangle | Jan 22, 2026 @ $344.80 | Mar 3, 2026 @ $377.00 | Win | +9.6% · +1.29R |
| Bullish Pennant | Jan 7, 2026 @ $332.10 | Mar 3, 2026 @ $377.00 | Win | +10.9% · +3.65R |
| Falling Wedge | May 27, 2025 @ $273.70 | Jul 30, 2025 @ $301.37 | Win | +13.7% · +2.26R |
| Falling Wedge | May 19, 2025 @ $272.90 | Jul 30, 2025 @ $301.37 | Win | +12.0% · +2.48R |
| Triangle | Apr 29, 2025 @ $283.28 | May 9, 2025 @ $265.86 | Loss | +11.5% · -1.18R |
| Falling Wedge | Nov 6, 2024 @ $325.00 | Nov 12, 2024 @ $298.84 | Loss | +7.1% · -1.82R |
| Triangle | Oct 22, 2024 @ $315.24 | Nov 14, 2024 @ $293.58 | Win | +7.7% · +1.56R |
| Triangle | Sep 18, 2024 @ $335.81 | Sep 25, 2024 @ $312.86 | Loss | +9.4% · -1.37R |
| Bullish Pennant | Jun 18, 2024 @ $305.99 | Jul 29, 2024 @ $332.51 | Win | +9.2% · +2.48R |
| Falling Wedge | Mar 22, 2024 @ $278.14 | Apr 4, 2024 @ $268.09 | Loss | +5.2% · -1.01R |
Historical examples from the published simulation. This selection is not a win-rate sample.
Price is being turned away at a ceiling near $379.02 and starting to slide. On the weekly chart, the next floor below sits near $347.48 — about 5% away.
| Date | Open | High | Low | Close |
|---|---|---|---|---|
| Jul 22, 2026 | $369.23 | $371.00 | $364.86 | $366.05 |
| Jul 21, 2026 | $365.09 | $368.91 | $362.14 | $366.24 |
| Jul 20, 2026 | $367.95 | $370.29 | $363.65 | $364.17 |
| Jul 17, 2026 | $373.97 | $378.54 | $361.72 | $366.29 |
| Jul 16, 2026 | $358.25 | $372.14 | $357.74 | $371.58 |
| Jul 15, 2026 | $354.66 | $359.90 | $353.95 | $358.32 |
| Jul 14, 2026 | $358.18 | $358.86 | $354.71 | $355.25 |
| Jul 13, 2026 | $363.04 | $363.29 | $355.73 | $360.45 |
| Jul 10, 2026 | $363.08 | $364.90 | $361.14 | $363.39 |
| Jul 9, 2026 | $367.82 | $368.75 | $361.03 | $363.62 |
Technical analysis for informational purposes only — not investment advice. Auto-detected patterns and levels update daily; the chart above is live.