Regeneron Pharmaceuticals (REGN) Trading Report

Source: Stock Traders Daily

Longer Term Trading Plans for REGN
  • Buy REGN slightly over 630.87 target 686.47 stop loss @ 629.05 Details
  • The technical summary data tells us to buy REGN near 630.87 with an upside target of 686.47. This data also tells us to set a stop loss @ 629.05 to protect against excessive loss in case the stock begins to move against the trade. 630.87 is the first level of support below 641.49 , and by rule, any test of support is a buy signal. In this case, support 630.87 is being tested, a buy signal would exist.

  • Short REGN under 686.47, target 630.87, stop loss @ 688.45 Details
  • The technical summary data is suggesting a short of REGN as it gets near 686.47 with a downside target of 630.87. We should have a stop loss in place at 688.45though. 686.47 is the first level of resistance above 641.49, and by rule, any test of resistance is a short signal. In this case, if resistance 686.47 is being tested, a short signal would exist.

Swing Trading Plans for REGN
  • Buy REGN slightly over 686.47, target n/a, Stop Loss @ 684.49 Details
  • If 686.47 begins to break higher, the technical summary data tells us to buy REGN just slightly over 686.47, with an upside target of n/a. The data also tells us to set a stop loss @ 684.49 in case the stock turns against the trade. 686.47 is the first level of resistance above 641.49, and by rule, any break above resistance is a buy signal. In this case, 686.47, 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 near 686.47, target 640.82, Stop Loss @ 688.45. Details
  • The technical summary data is suggesting a short of REGN if it tests 686.47 with a downside target of 640.82. We should have a stop loss in place at 688.45 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, 686.47, 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 686.47, target n/a, Stop Loss @ 684.87 Details
  • If 686.47 begins to break higher, the technical summary data tells us to buy REGN just slightly over 686.47, with an upside target of n/a. The data also tells us to set a stop loss @ 684.87 in case the stock turns against the trade. 686.47 is the first level of resistance above 641.49, and by rule, any break above resistance is a buy signal. In this case, 686.47, 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 near 686.47, target 640.82, Stop Loss @ 688.07. Details
  • The technical summary data is suggesting a short of REGN if it tests 686.47 with a downside target of 640.82. We should have a stop loss in place at 688.07 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, 686.47, 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.

REGN Ratings for August 10:

Term →Near Mid Long
Rating Strong Strong Neutral
P1 0 0 575.75
P2 621.71 614.69 630.87
P3 634.99 640.82 686.47

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REGN Long Term Analysis for August 10 2022


REGN Swing Trading Analysis for August 10 2022


REGN Day Trading Analysis for August 10 2022

This report was produced using AI developed by Stock Traders Daily.  Over the past 20 years this proprietary AI has been refined to help identify the most opportune trading strategies for both individual stocks and the stock markets themselves.  This methodology is also applied to Index options, ETFs, and futures.  The objective of this specific report is to optimize trading in Regeneron Pharmaceuticals (NASDAQ: REGN) while incorporating prudent risk controls.

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.

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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.