The tweet was deleted by the author.
But we saved everything 🙂.
Regeneron Pharmaceuticals announced that the U.S. FDA and EMA have accepted regulatory submissions for review of its novel siRNA investigational medicine for adult patients with generalized myasthenia gravis.
The company said the submissions have entered the review process. More information can be found on its website.
REGN is trading at $610.03, which is below the MA-20 ($618.41), MA-50 ($680.06), and MA-200 ($697.06). This configuration indicates persistent downward pressure across short-, medium-, and long-term timeframes. The Ichimoku Kijun sits at $661.06, which acts as immediate resistance. Near-term support is seen at the MA-20 ($618.41), with key support at the MA-50 ($680.06). Resistance levels are clustered at the MA-200 ($697.06) and the Ichimoku Kijun ($661.06).
Momentum remains weak as the MACD on D1 delivers a strong sell signal and the ADX shows a sustained bearish trend. RSI on D1 sits at 37.92, confirming bearish momentum but not yet extreme oversold; Stoch RSI flags overbought conditions, while CCI indicates the asset remains under selling pressure. BBP reinforces this with a pronounced "oversold" reading, pointing to clear intraday dominance by sellers. The Awesome Oscillator does not currently support the trend. Over the past week, REGN has declined $1.41 (0.23%) from a previous weekly close of $611.44 to the current $610.03, with prices moving in the middle of the weekly range and weekly volatility at 3.60%. The weekly tone signals consolidation after testing both the high ($620.00) and low ($598.45) of the range.
Looking ahead, the expected price range for REGN over the coming week is $607.50 to $612.00, using typical volatility parameters and consistent with movements seen between the 52-week low ($506.80) and high ($820.37). Technical readings from W1 (SMA/EMA, RSI, ADX, MACD) are uniformly bearish, suggesting a very high probability (more than 80%) of further downside, with an increase being much less likely. The baseline scenario envisions prices remaining confined to a narrow, sideways band. A bullish breakout would require a move above the Ichimoku Kijun and MA-20 resistance cluster. A bearish scenario unfolds if REGN breaks below immediate support near $607.50, exposing the asset to further downside toward longer-term lows.
Earlier, analysts noted that Regeneron Pharmaceuticals was experiencing persistent technical weakness and institutional repositioning, suggesting caution amid downward pressure. In light of the latest developments described above, investors should monitor for signs of stabilization or a potential shift in momentum, as any decisive move could set the stage for the next directional trend.