BiogenBIIB
Auto-detected technical analysis for BIIB · data as of Sep 4, 2026. The chart above is live; the read below updates daily.
BIIB is currently forming a triangle on the daily timeframe. Detected Sep 4, 2026.
A triangle is a brief, tidy pause that typically continues the move higher. A breakout projects a measured-move target near $219.44 (+6.7%).
New to this pattern? What a triangle is and how to trade it →
BIIB's most recent completed rising wedge (which broke against type) resolved as a win: it broke higher on Oct 20, 2026 near $237.74, then reached its target at $248.93 on Nov 3, 2026 — a 4.7% move (+0.51R) over 10 sessions. Across 151,040 backtested rising wedges, this setup wins 37.9% of the time.
Every completed pattern trade our nightly backtest found on BIIB's daily chart, newest first — wins and losses alike.
| Pattern | Entry | Exit | Outcome | Result |
|---|---|---|---|---|
| Rising wedge | Oct 20, 2026 @ $237.74 | Nov 3, 2026 @ $248.93 | Win | +5.8% · +0.51R |
| Rising wedge | Oct 15, 2026 @ $238.77 | Nov 3, 2026 @ $248.93 | Win | +7.6% · +0.44R |
| Rising wedge | Oct 12, 2026 @ $238.09 | Nov 3, 2026 @ $248.93 | Win | +5.2% · +0.48R |
| Triangle | Aug 19, 2026 @ $216.92 | Oct 2, 2026 @ $222.98 | Win | +4.7% · +0.65R |
| Rising wedge | Jul 14, 2026 @ $195.03 | Aug 19, 2026 @ $219.72 | Loss | +6.1% · -1.00R |
| Rising wedge | Jun 26, 2026 @ $209.50 | Jul 8, 2026 @ $204.86 | Loss | +3.5% · -0.43R |
| Triangle | May 11, 2026 @ $197.51 | May 21, 2026 @ $187.40 | Loss | +14.5% · -1.17R |
| Triangle | May 11, 2026 @ $198.12 | May 21, 2026 @ $187.40 | Loss | +5.8% · -1.16R |
| Triangle | May 8, 2026 @ $194.99 | May 21, 2026 @ $187.40 | Loss | +9.5% · -1.13R |
| Triangle | Apr 29, 2026 @ $194.67 | Sep 1, 2026 @ $218.11 | Win | +14.4% · +1.51R |
| Triangle | Apr 22, 2026 @ $189.53 | Jul 8, 2026 @ $204.86 | Win | +14.9% · +1.42R |
| Falling wedge | Mar 31, 2026 @ $175.37 | Apr 22, 2026 @ $192.27 | Loss | +4.1% · -1.00R |
Historical examples from the published simulation. This selection is not a win-rate sample.
Price found a floor near $195.91 about 6 weeks ago and has been climbing since. On the weekly chart, the next ceiling overhead sits near $400.97 — still about 82% away.
| Date | Open | High | Low | Close |
|---|---|---|---|---|
| Sep 4, 2026 | $221.15 | $223.82 | $219.82 | $220.83 |
| Sep 3, 2026 | $225.44 | $225.80 | $221.23 | $224.51 |
| Sep 2, 2026 | $218.20 | $225.59 | $216.97 | $222.67 |
| Sep 1, 2026 | $218.11 | $219.30 | $213.60 | $216.04 |
| Aug 31, 2026 | $216.47 | $218.89 | $213.58 | $216.65 |
| Aug 28, 2026 | $221.17 | $222.00 | $216.78 | $218.50 |
| Aug 27, 2026 | $219.39 | $222.11 | $217.53 | $221.50 |
| Aug 26, 2026 | $219.34 | $222.00 | $218.69 | $221.07 |
| Aug 25, 2026 | $218.93 | $222.85 | $218.00 | $220.77 |
| Aug 24, 2026 | $216.40 | $218.50 | $213.96 | $218.12 |
Technical analysis for informational purposes only — not investment advice. Auto-detected patterns and levels update daily; the chart above is live.