Regeneron Pharmaceuticals may fall to 932.00 - 955.00

Our pivot point stands at 1078.

Our preference

The downside prevails as long as 1078 is resistance.

Alternative scenario

Above 1078, look for 1118 and 1142.

Comment

The RSI is below 50. The MACD is below its signal line and negative. The configuration is negative. Moreover, the stock is trading under both its 20 and 50 day moving average (respectively at 1107.324 and 1125.478).

Supports and resistances

1142 **

1118 *

1078 **

1062

1040.27 (USD-last)

979

955 **

932 *

907 **

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