Stock Analysis: Illumina Inc (ILMN)

Stock Analysis for Illumina Inc (ILMN)

The Interpreter
Hey Friend, I'm analysing ILLUMINA INC (ILMN), and it is between the Support of $ 117.58 (PivotS1) and the Resistance of $ 118.54 (-50% of Fibonacci). The stock is also approaching the line of PivotS1 at $ 117.58, and if it goes below this line it could reach the next Support of Triangle projection at $117.17.

Illumina Inc (ILMN)

$ 117.93 -4.9%

Last Close 03-May-24

Trade ILMN Now

Supports

Next Support: $ 117.58

Pivot S1: $ 117.58
Fibonacci -61.8%: $ 116.29
Triangle Level (2): $ 117.17

Resistances

Next Resistance: $ 118.54

Pivot: $ 121.63
Fibonacci -50%: $ 118.54
Triangle Level (2): $ 127.01

Supports and Resistances

Click to Enlarge

Candlesticks, "48-hour" Trade Signals +

Date	Price $	Result %	Candle Name	Side
001 10 Apr 2024	Sell Price: 131.17	Profit: Close Day1 ($ 130.70)	Abandoned Baby	Sell
002 29 Feb 2024	Sell Price: 139.83	Profit: Open Day1 ($ 139.20)	Dark Cloud Cover	Sell
003 06 Feb 2024	Buy Price: 144.89	Profit: Open Day1 ($ 145.09)	Engulfing	Buy
004 05 Sep 2023	Sell Price: 159.43	Profit: Close Day2 ($ 158.85)	Abandoned Baby	Sell
005 02 Aug 2023	Buy Price: 189.56	Loss: Close Day2 ($ 187.67)	Piercing Line	Buy
006 16 Jun 2023	Sell Price: 205.87	Profit: Open Day1 ($ 201.78)	Dark Cloud Cover	Sell
007 13 Jun 2023	Sell Price: 206.84	Profit: Close Day1 ($ 204.84)	Engulfing	Sell
008One Year Average	Both Sides Result for 7 Signals	Profit: $ 6.08 ($ 0.87 / Signal) +3.6% Gross in 1 Year	All of Them	Buy + Sell

Trading Rules for Candlesticks Patterns.

Buy or Sell on the same day of the signal, during the after-hours trading session.
Watch the Opening and Closing of the next 2 days (4 in total).
Immediately exit the Trade when one of them (Open or Close, Day 1 or 2) gives you a profit.
The table above will show the first Profit opportunity, but not in real-time. Therefore, you must watch the market in real-time with your broker.

Remember: The returns an asset made in the past don't mean that future returns will be the same.

Backtest Lab, "Buy The Dip" Trade Signals +

Find The Lastest Buy Signals for ILMN Below.

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Moving Averages +

Bought Moving Averages

Sold Moving Averages

Simple Moving Averages (SMA) Period	Value $	Signal	Exponential Moving Averages (EMA) Period	Value $	Signal
2	120.96	SELL	2	119.98	SELL
3	122.20	SELL	3	120.95	SELL
5	122.88	SELL	5	121.74	SELL
8	122.57	SELL	8	122.12	SELL
13	121.36	SELL	13	122.71	SELL
21	123.66	SELL	21	124.07	SELL
34	127.26	SELL	34	126.25	SELL
55	130.89	SELL	55	128.49	SELL
90	134.24	SELL	90	130.89	SELL
200	137.05	SELL	200	143.42	SELL

Company Info +

Name & IPO

Illumina Inc
IPO: 2000-07-28

Stock Ticker & Exchange

Ticker: ILMNIndices: S&P 500, Nasdaq 100,
Exchange: Nasdaq Nms - Global Market (US - USD)

Contact

Website: https://www.illumina.com
Phone:

Stock Type

Common Stock

SIC Office

Life Sciences ()

Industry

Laboratory Analytical Instruments

EIN

Fiscal Year End

State of Inc.

Balance Sheets +

in USD millions (if not decimal) - Dictionary

Income Statement +

in USD millions (if not decimal) - Dictionary

Statements sources
The financial statements are based on the company's filings with the The U.S. Securities and Exchange Commission (SEC) through the Electronic Data Gathering, Analysis, and Retrieval system (EDGAR). The information is derived from the 10-K and 10-Q reports submitted to the SEC in XBRL (eXtensible Business Reporting Language) format and presented according to the US GAAP Taxonomy. Please review the original filings for a more detailed information.