AMGN Stage 2 Uptrend Intact, All 8 Trend Checks Pass at 52-Week High

Posted on by Eben@CANSLIM Research
AMGN daily stock chart with 10, 20, 50, 150 and 200-day moving averages, volume and RS line versus SPY — CANSLIM Research

Amgen (AMGN) is trading at a fresh 52-week high of $442.36, firmly in a Stage 2 advancing trend with price holding above a rising 30-week moving average. The stock passes all eight technical trend-template checks, including price above key moving averages and a rising 200-day MA, with the relative strength line at a three-month high. Sentiment is bullish, reflecting an offensive setup as the market focuses on the stock’s momentum near highs without a formed base, though no pullback or consolidation pattern has yet emerged.

As of 2026-08-19 · Close $442.36

Stage 2 (Advancing) — Price holding above a rising 30-week MA — uptrend intact (30-week MA 6-week slope: 3.75%)

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