Alert: Negative Investment/Fundamental Signals (12/19/24)-Illumina Inc (NASDAQ: ILMN)

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Illumina Inc (NASDAQ: ILMN). Extremely significant negative changes in investment behavior have recently occurred: negative upside/downside volume developed, and its shorter term price trend turned down.

Illumina Inc (NASDAQ: ILMN). Meaningful negative changes in fundamentals have recently occurred: significant quarterly sales deceleration occurred, and significant quarterly earnings deceleration occurred.

In light of these highly negative signals we are reviewing our current Overall Rating of D. We would continue to view the shares with caution pending completion of this review in the next several days.

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Current PriceTarget Research Rating

Illumina has a current Value Trend Rating of D (Negative). With this rating, PTR’s two proprietary measures of a stock’s current attractiveness are providing contradictory signals. Illumina has a poor Appreciation Score of 20 but a slightly positive Power Rating of 63, leading to the Negative Value Trend Rating.

Recent Price Action

Illumina Inc (NASDAQ: ILMN) stock closed at $134.00 on 12/19/24 after a slight decline of -0.02%. NORMAL trading volume accompanied the decline. The stock has declined -9.2% during the last week but has been strong relative to the market over the last nine months.

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