Regeneron Pharmaceuticals $REGN Investment Analysis and Advice

October 29, 2023, 01:00 am ET, BY Bill T.- Contributor| Editor: Thomas H. Kee Jr. (Follow on LinkedIn)

Longer Term Trading Plans for REGN

• Buy REGN slightly over 753.12 target 803.51 stop loss @ 750.94 Details

The technical summary data tells us to buy REGN near 753.12 with an upside target of 803.51. This data also tells us to set a stop loss @ 750.94 to protect against excessive loss in case the stock begins to move against the trade. 753.12 is the first level of support below 775.18 , and by rule, any test of support is a buy signal. In this case, support 753.12 would be being tested, so a buy signal would exist.

• Short REGN slightly under 803.51, target 753.12, stop loss @ 805.83 Details

The technical summary data is suggesting a short of REGN as it gets near 803.51 with a downside target of 753.12. We should have a stop loss in place at 805.83though. 803.51 is the first level of resistance above 775.18, and by rule, any test of resistance is a short signal. In this case, if resistance 803.51 is being tested, so a short signal would exist.

Swing Trading Plans for REGN

• Buy REGN slightly over 787.47, target 803.51, Stop Loss @ 785.2 Details

If 787.47 begins to break higher, the technical summary data tells us to buy REGN just slightly over 787.47, with an upside target of 803.51. The data also tells us to set a stop loss @ 785.2 in case the stock turns against the trade. 787.47 is the first level of resistance above 775.18, and by rule, any break above resistance is a buy signal. In this case, 787.47, initial resistance, would be breaking higher, so a buy signal would exist. Because this plan is based on a break of resistance, it is referred to as a Long Resistance Plan.

• Short REGN slightly near 787.47, target 753.12, Stop Loss @ 789.74. Details

The technical summary data is suggesting a short of REGN if it tests 787.47 with a downside target of 753.12. We should have a stop loss in place at 789.74 though in case the stock begins to move against the trade. By rule, any test of resistance is a short signal. In this case, if resistance, 787.47, is being tested a short signal would exist. Because this plan is a short plan based on a test of resistance it is referred to as a Short Resistance Plan.

Day Trading Plans for REGN

• Buy REGN slightly over 780.10, target 787.47, Stop Loss @ 778.28 Details

If 780.10 begins to break higher, the technical summary data tells us to buy REGN just slightly over 780.10, with an upside target of 787.47. The data also tells us to set a stop loss @ 778.28 in case the stock turns against the trade. 780.10 is the first level of resistance above 775.18, and by rule, any break above resistance is a buy signal. In this case, 780.10, initial resistance, would be breaking higher, so a buy signal would exist. Because this plan is based on a break of resistance, it is referred to as a Long Resistance Plan.

• Short REGN slightly near 780.10, target 753.12, Stop Loss @ 781.92. Details

The technical summary data is suggesting a short of REGN if it tests 780.10 with a downside target of 753.12. We should have a stop loss in place at 781.92 though in case the stock begins to move against the trade. By rule, any test of resistance is a short signal. In this case, if resistance, 780.10, is being tested a short signal would exist. Because this plan is a short plan based on a test of resistance it is referred to as a Short Resistance Plan.

Check the time stamp on this data. Updated AI-Generated Signals for Regeneron Pharmaceuticals (REGN) available here: REGN.

REGN Ratings for October 29:

Term →	Near	Mid	Long
Rating	Weak	Neutral	Neutral
P1	0	0	753.12
P2	780.10	787.47	803.51
P3	791.42	813.28	851.14

AI Generated Signals for REGN

Real Time Updates for Repeat Institutional Readers:

• Factset: Request User/Pass
• Bloomberg, Reuters, Refinitiv, Zacks, or IB users: Access Here.

Instructions:

• Click the Get Real Time Updates button below.

• In the login prompt, select forgot username

• Type the email you use for Factset

• Use the user/pass you receive to login

• You will have 24/7 access to real time updates.

From then on you can just click to get the real time update whenever you want.

GET REAL TIME UPDATES

Market Crash Leading Indicator

Our Market Crash Leading Indicator isEvitar Corte.

• Evitar Corte warned of market crash risk four times since 2000.

• It identified the Internet Debacle before it happened.

• It identified the Credit Crisis before it happened.

• It identified the Corona Crash too.

• See what Evitar Corte is Saying Now.

Get Notified When our Ratings Change:Take a Trial

Prudent Investment Analysis requires observations of the support and resistance levels for Regeneron Pharmaceuticals (NASDAQ: REGN) too.  These define prudent trading plans.

Warning:

This is a static report, the data below was valid at the time of the 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.

Subscribers also receive market analysis, stock correlation tools, macroeconomic observations, timing tools, and protection from market crashes using Evitar Corte.  

Instructions:

The rules that govern the data in this report are the rules of Technical Analysis.  For example, if REGN is testing support buy signals surface, and resistance is the target.  Conversely, if resistance is being tested, that is a sign to control risk or short, and support would be the downside target accordingly.  In each case, the trigger point is designed to be both an ideal place to enter a position (avoid trading in the middle of a trading channel), and it acts as a level of risk control too.

Swing Trades, Day Trades, and Longer term Trading Plans:

This data is refined to differentiate trading plans for Day Trading, Swing Trading, and Long Term Investing plans for REGN too.  All of these are offered below the Summary Table.