(REGN) Long-term investment analysis

December 1, 2024 11:52 AM ET BY Scott B. – Contributor| Editor: Thomas H. Kee Jr. (Follow on LinkedIn)

Longer term trading plans for REGN

• NONE. Details

There is currently no current support plan that could trigger a purchase of this stock. This usually means that there are no clear support levels at this point, so buying the stock when the price is falling could be seen as catching a falling knife. Buy signals only occur when resistance breaks upwards.
This is often a signal that the stock you are watching is weak. Waiting for a higher turn may be smarter than trying to catch a falling knife. In any case, new support levels are usually incorporated into the database at the beginning of the next trading session.

• Short REGN slightly below 894.69, target n/a, stop loss at 897.27 Details

The technical summary data suggests a break below REGN as it approaches 894.69, but the downside target is not available from the current data. This tells us to hold that position when it is triggered until a new downside target is set (updates occur at the start of each trading session) or until the position is stopped. The summary data shows that there is a stop loss at 897.27. 894.69 is the first resistance level above 750.22 and basically any test of resistance is a short signal. In this case, if the resistance 894.69 is tested, a short signal is present.

Swing trading plans for REGN

• Buy REGN just above 751.26, target 894.69, stop loss at 749.09 Details

If 751.26 starts to break higher, the technical summary data tells us to buy REGN just above 751.26 with an upside target of 894.69. The data also tells us to set a stop loss at 749.09 in case the stock turns against the trade. 751.26 is the first resistance level above 750.22 and basically any break above resistance is a buy signal. In this case, 751.26, the initial resistance, would break upwards, giving a buy signal. Because this plan is based on a resistance break, it is called a long resistance plan.

• Short REGN slightly near 751.26, target 713.74, stop loss at 753.43. Details

Technical summary data suggests short REGN if it tests 751.26, with a downside target of 713.74. However, we should have a stop loss at 753.43 in case the stock starts moving against the trade. Basically every resistance test is a short signal. In this case, if resistance 751.26 is tested, a short signal would be present. Since this plan is a short plan based on a resistance test, it is called a short resistance plan.

Day trading plans for REGN

• Buy REGN just above 751.26, target 758.08, stop loss at 749.51 Details

If 751.26 starts to break higher, the technical summary data tells us to buy REGN just above 751.26 with an upside target of 758.08. The data also tells us to set a stop loss at 749.51 in case the stock turns against the trade. 751.26 is the first resistance level above 750.22 and basically any break above resistance is a buy signal. In this case, 751.26, the initial resistance, would break upwards, giving a buy signal. Because this plan is based on a resistance break, it is called a long resistance plan.

• Short REGN slightly near 751.26, target 748.07, stop loss at 753.01. Details

Technical summary data suggests short REGN if it tests 751.26, with a downside target of 748.07. However, we should have a stop loss at 753.01 in case the stock starts moving against the trade. Basically every resistance test is a short signal. In this case, if resistance 751.26 is tested, a short signal would be present. Since this plan is a short plan based on a resistance test, it is called a short resistance plan.

Check the timestamp of this data. Updated AI generated signals for Regeneron Pharmaceuticals Inc. (REGN) available here: REGN.

REGN ratings for December 1st:

AI generated signals for REGN

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Technically, Regeneron Pharmaceuticals Inc. (NASDAQ: REGN) offers opportunities for traders who watch how the stock price fluctuates over time.

Warning:

This is a static report. The following data was valid at the time of publication, but support and resistance levels for REGN change over time, so the report should be updated regularly. Real-time updates are provided to subscribers. Unlimited real-time reports.

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Instructions:

The rules that govern the data in this report are the rules of technical analysis. For example, when REGN tests support, buy signals emerge and resistance is the target. Conversely, if resistance is tested, it is a sign to control risk or sell, and support would accordingly be the downside target. In any case, the trigger point serves as both an ideal place to enter a position (avoid trading in the middle of a trading channel) and a risk control layer.

Swing Trades, Day Trades and Longer Term Trading Plans:

This data is refined to distinguish trading plans for day trading, swing trading and long-term investment plans also for REGN. All of this is offered below the overview table.