Regeneron: confirmation holds as the trend cools
Regeneron gains 1.8%: confirmation holds as the weekly ADX cools
Regeneron: confirmation holds as the trend cools
Our view last week
Regeneron turns the page: the Sell signal that had run for ten weeks is spent, and this week a fresh Buy signal kicks in. The move comes from a clean double bottom in the 593 area, with an 8% rebound, though buyers lost some edge on the last bar. Third among the six new US Longs, medium conviction and a steady profile: a solid picture still waiting on next week's confirmation.
This week's summary
Regeneron's buy signal holds: the first week closes up 1.8%, confirming the entry that fired seven days ago. The stock is working off a double bottom in the 598 area, with a 4% intermediate rebound, but the weekly ADX is sliding and the trend is losing conviction: buyer dominance is fading and volume is contracting alongside the hold. There's still wide running room toward the all-time high, almost 80% away.
IQS Phase
36
ordinary
Signal Strength
66
medium
Sizing
STANDARD
Ranking
#30 / 112
US stocks in progress
Trade P&L %
+1.83%
from signal to today
restricted Platinum content