Regeneron Pharmaceuticals may rise to 1034.00 - 1053.00

Our pivot point is at 943.

Our preference

The upside prevails as long as 943 is support.

Alternative scenario

Below 943, expect 912 and 894.

Comment

The RSI is above 50. The MACD is positive and above its signal line. The configuration is positive. Moreover, the stock is trading above both its 20 and 50 day moving average (respectively at 934.9955 and 942.6278).

Supports and resistances

1070 **

1053 *

1034 **

1015

967.98 (USD-last)

956

943 **

912 *

894 **

Number of asterisks represents the strength of support and resistance levels.