Regeneron Pharmaceuticals may rise to 1203.00 - 1226.00

Our pivot point is at 1081.

Our preference

The upside prevails as long as 1081 is support.

Alternative scenario

Below 1081, expect 1042 and 1020.

Comment

The RSI is above its neutrality area at 50. The MACD is above its signal line and positive. The configuration is positive. Moreover, the stock is above its 20 and 50 day moving average (respectively at 1079.097 and 1052.6652). Finally, Regeneron Pharmaceuticals is trading above its upper Bollinger band (standing at 1115.63).

Supports and resistances

1250 **

1226 *

1203 **

1179

1131.24 (USD-last)

1096

1081 **

1042 *

1020 **

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