Rochester,NY 8/19/2009 9:41:00 PM
News / Business

Biogen Idec Inc.,BIIB-PriceWatch Alert indicates Bearish Technicals

Biogen Idec Inc

August 17, 2009, Biogen Idec closed on Aug 16, 2009, at $48.78. So far the stock has hit a 52-week low of $37.21 and 52-week high of $55.45. Biogen Idec stock has been indicating support around 47.37 and resistance in the 49.57 range.

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Technical indicators for the stock are Bearish and S&P gives BIIB a neutral 3 STAR (out of 5) hold rating. BIIB emerges on the Investors Observer Volume Leaders list.

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