REGENERON PHARMACEUTICALS (REGN) Stock Technical Analysis
NASDAQ:REGN • US75886F1075
Taking everything into account, REGN scores 7 out of 10 in our technical rating. This is due to a decent performance in both the short and medium term time frames. Compared to the overall market, REGN is only an average performer.
- The long term trend is positive and the short term trend is neutral. The long term trend gets the benefit of the doubt for now.
- REGN is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so REGN is lagging the market slightly.
- When compared to the yearly performance of all other stocks, REGN outperforms 52% of them, which is more or less in line with the market.
- REGN is an average performer in the Biotechnology industry, it outperforms 54% of 521 stocks in the same industry.
- In the last month REGN has a been trading in the 731.51 - 815.00 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Besides having an excellent technical rating, REGN also presents a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. A pullback is taking place, which may present a nice opportunity for an entry. There is a support zone below the current price at 733.04, a Stop Loss order could be placed below this zone.
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537.09
4 important support areas can be observed.
- A support zone ranging from 733.03 to 733.04. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @671.55 from a trend line in the weekly time frame.
- Support @634.07 from a trend line in the daily time frame.
- Support @542.52 from a horizontal line in the daily time frame.
When analyzing the resistance we notice 2 important areas.
- A resistance zone ranging from 773.13 to 782.77. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A resistance zone ranging from 803.18 to 812.28. This zone is formed by a combination of multiple trend lines in multiple time frames.
The Technical Rating and Setup analysis above combine different indicators and trends in different timeframes. Individual signals from indicators may give more contradictive signals and should always be interpreted in the more global context.
| Indicator | Value | Signal | Comment |
|---|---|---|---|
| ChartMill Long Term Trend Indicator | UP | POSITIVE | The long term trend for REGN is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for REGN is neutral. |
| ChartMill Relative Strength | 52.76 | NEUTRAL | REGN is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of REGN is below the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of REGN is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of REGN is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 49.87 | NEUTRAL | The RSI value for REGN is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.28 | NEGATIVE | The MACD value suggests REGN has a negative trend. |
| Stochastics (14,3) | 52.59 | NEUTRAL | The Stochastics value for REGN is a neutral value. |
| Average True Range in percent/ATR (20) | 2.98 | MEDIUM VOLATILITY | The ATR as a percentage value for REGN suggests some volalility. |
| Average Directional Index/ADX (14) | 12.22 | NEGATIVE | The low ADX value for REGN suggests a weak or negative trend. |
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 782.78 | 745.06 | 37.72 (4.82%) | 20.75% |
| An entry @782.78. This is a Buy Stop order right above the resistance zone. | An exit @745.06. This is a Stop Loss order right below the 10 day low. | The trade has a worst case loss of 37.72 points, which is 4.82%. | When investing 20.75% of your capital in this trade, your total portfolio risk will be 1.00%. |
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
772.19
-14.85 (-1.89%)
REGENERON PHARMACEUTICALS / REGN FAQ
Can you provide the ChartMill technical rating for REGENERON PHARMACEUTICALS?
ChartMill assigns a technical rating of 7 / 10 to REGN.
What is the current trend direction of REGENERON PHARMACEUTICALS (REGN) stock?
The current trend direction for REGENERON PHARMACEUTICALS (REGN) is Bullish.
Can you provide the RSI signal for REGENERON PHARMACEUTICALS?
REGENERON PHARMACEUTICALS (REGN) has an RSI value of 49.8714. This indicates that the stock is currently neutral.
What is the short term momentum for REGENERON PHARMACEUTICALS (REGN) stock?
The short term momentum for REGENERON PHARMACEUTICALS (REGN) is neutral.