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Technical Analysis Predictions for BioMarin Pharmaceutical Inc. - BMRN


Part I: The Volumetric Profile for BioMarin Pharmaceutical Inc..



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Cumulative Volume by Price of BioMarin Pharmaceutical Inc.

Volume Stratification Analysis begins with the concept of the Volumetric Profile. This Profile is simply the cumulative volume over the history of the stock, distributed according to price range. Here the price column corresponding to the current price of BMRN stock is painted in red.








Part II: Primary Volumetric Support and Resistance for BMRN common stock.



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Volume Stratification Profile of BioMarin Pharmaceutical Inc.

Blue bars depict the Volumetric Profile for various price levels of BioMarin Pharmaceutical Inc.. The thick orange line is the Volumetric Price and the maroon line is the Secular Price. General Volumetric Health is 1 on a scale from 1 (best) to 3 (worst), because the price is above the Volumetric line, indicating some positive market sentiment.

A few layers of volumetric turbulence exist that could provide support on the downside. The most significant of these is found around $17.



Support Level IDPrice RangePeak Magnitude
1$17.00 - $17.993.29
2$12.00 - $12.992.75
3$8.00 - $8.992.32


At least two layers of turbulence might act as resistance levels above the current price, particularly the one near the $27 level.


Resistance Level IDPrice RangePeak Magnitude
1$27.00 - $27.991.74
2$36.00 - $36.990.94









Part III: Secondary Analytical Support and Resistance for BioMarin Pharmaceutical Inc. Stock Prices


Secondary Support Levels for BMRN

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Volumetric Minimum Strata of BioMarin Pharmaceutical Inc.

Horizontal maroon lines indicate Negative Volumetric Peaks. Price intervals with these characteristics are often associated with gaps, although they sometimes operate as support levels. Quarterly and yearly turn-arounds are circled. $24 is the most significant of several valleys (i.e. negative peaks) in today's profile underneath the current price for BMRN.




Secondary Resistance Levels for BMRN

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Maximum Negative Slope Strata of BioMarin Pharmaceutical Inc.

Here, the horizontal lines mark the points of Maximum Negative Slope in the Volumetric Profile. These strata are known to act as resistance levels against upward movement, and are sometimes associated with yearly and quarterly tops. Also, as is typical of resistance levels, they may do double duty as support, but that is not the typical case.







For Members: Deeper Analysis, with Price Predictions for BMRN Common Stock




Companies in the News:

In the news, Friday, February 18, 2011: An unfavorable condition has developed with Aetna Inc., ticker symbol AET. Also, there are breaking events concerning Dollar Tree, Inc. (DLTR) and First Niagara Financial Group Inc. (FNFG)

More BMRN Technical Analysis Topics

BMRN Price Predictions

Support and Resistance Levels

Politics and Prices of BMRN

Japanese Candlestick Analysis

Momentum Investing Indicators

BMRN Classical Analysis of Time Series

BMRN Historical Volume

BMRN Risk-Volatility Analysis

BMRN Seasonal Trends

Market Sentiment

Back to BMRN Table of Contents


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