Chart pattern

BIIB chart pattern — Biogen

1 formation detected on the latest close (Nov 06, 2026).

Ascending Channel · Weekly candles

BullishForming
BIIB Ascending Channel on weekly chart
Last close$248.35
Trigger$262.29 (+5.6%)
Upper boundary$262.29
Lower boundary$227.54
Pattern spanJul 17, 2026 → 16 bars
Touches8
Fit score101/100

A steady uptrend held between two parallel rising lines. Trigger: Inside the channel, the lower rail is the buy zone. A close below it warns the trend is breaking; a close above the upper rail is an acceleration. Invalidation: A sustained close below the lower rail.

Automated detection for education and research; not a recommendation. Levels are drawn from split-adjusted daily prices.