RSI low/high Values: [ 25 - 75 ]
* StockInvest.us uses dynamically calculated RSI max/min levels to determine when stock is oversold or overbought based on historical behavior.
AI Analysis of RGEN
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Weaker technical forecast for Repligen Corporation as stock downgraded to Sell Candidate.
(Updated on Mar 28, 2024)

Sell candidate since Mar 28, 2024 PDF

The Repligen Corporation stock price fell by -0.449% on the last day (Thursday, 28th Mar 2024) from $184.75 to $183.92. During the last trading day the stock fluctuated 2.57% from a day low at $182.56 to a day high of $187.25. The price has fallen in 6 of the last 10 days and is down by -4.99% for this period. Volume fell on the last day along with the stock, which is actually a good sign as volume should follow the stock. On the last day, the trading volume fell by -60 thousand shares and in total, 327 thousand shares were bought and sold for approximately $60.17 million.

The stock has broken the wide and weak rising short-term trend down. This signalizes a slower rate of rising, but may also be an early warning about a possible trend shift. Due to the trend being broken there will now be resistance at the bottom line of the trend at $184.47. A reaction back to this level may hold a second chance to get out before further falls.

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RGEN Signals & Forecast

A buy signal was issued from a pivot bottom point on Tuesday, March 26, 2024, and so far it has risen 0.0435%. Further rise is indicated until a new top pivot has been found. Some negative signals were issued as well, and these may have some influence on the near short-term development. The Repligen Corporation stock holds sell signals from both short and long-term Moving Averages giving a more negative forecast for the stock. Also, there is a general sell signal from the relation between the two signals where the long-term average is above the short-term average. On corrections up, there will be some resistance from the lines at $190.27 and $195.79. A break-up above any of these levels will issue buy signals. Furthermore, there is currently a sell signal from the 3 month Moving Average Convergence Divergence (MACD). Volume fell together with the price during the last trading day and this reduces the overall risk as volume should follow the price movements.

Support, Risk & Stop-loss for Repligen Corporation stock

Repligen Corporation finds support from accumulated volume at $178.02 and this level may hold a buying opportunity as an upwards reaction can be expected when the support is being tested.

This stock is usually traded at a good volume, and with minor daily changes, the risk is considered to be low. During the last day, the stock moved $4.69 (2.57%) between high and low. For the last week, the stock has had daily average volatility of 3.05%.

Our recommended stop-loss: We hold a negative evaluation for this stock. No stop-loss is set.

Trading Expectations (RGEN) For The Upcoming Trading Day Of Monday 1st

For the upcoming trading day on Monday, 1st we expect Repligen Corporation to open at $184.58, and during the day (based on 14 day Average True Range), to move between $178.46 and $189.38, which gives a possible trading interval of +/-$5.46 (+/-2.97%) up or down from last closing price. If Repligen Corporation takes out the full calculated possible swing range there will be an estimated 5.93% move between the lowest and the highest trading price during the day.

Since the stock is closer to the support from accumulated volume at $178.02 (3.21%) than the resistance at $193.40 (5.15%), our systems sees the trading risk/reward intra-day as attractive and believe profit can be made before the stock reaches first resistance..

Is Repligen Corporation stock A Buy?

The Repligen Corporation stock holds several negative signals and despite the positive trend, we believe Repligen Corporation will perform weakly in the next couple of days or weeks. Therefore, we hold a negative evaluation of this stock. Due to some small weaknesses in the technical picture we have downgraded our analysis conclusion for this stock since the last evaluation from a Hold/Accumulate to a Sell candidate.

Current score: -2.162 Sell Candidate Downgraded

Predicted Opening Price for Repligen Corporation of Monday, April 1, 2024

Fair opening price April 1, 2024 Current price
$184.58 ( 0.357%) $183.92

The predicted opening price is based on yesterday's movements between high, low, and closing price.

Trading levels for RGEN

Fibonacci Support & Resistance Levels

Level Price
Resistance R3 189.27 2.91 %
R2 187.48 1.93 %
R1 186.37 1.33 %
Current price: 183.92
Support S1 182.79 -0.617 %
S2 181.68 -1.22 %
S3 179.89 -2.19 %

Accumulated Volume Support & Resistance Levels

Level Price
Resistance R3 199.73 8.60 %
R2 194.10 5.54 %
R1 193.40 5.15 %
Current price 183.92
Support S1 178.02 -3.21%
S2 173.14 -5.86%
S3 171.57 -6.71%

FAQ

What is the symbol for Repligen Corporation Stock and on which exchange is it traded?
The symbol for Repligen Corporation is RGEN and it is traded on the NASDAQ (NASDAQ Stock Exchange).

Should I buy or sell Repligen Corporation Stock?
The Repligen Corporation stock holds several negative signals and despite the positive trend, we believe Repligen Corporation will perform weakly in the next couple of days or weeks. Therefore, we hold a negative evaluation of this stock. Due to some small weaknesses in the technical picture we have downgraded our analysis conclusion for this stock since the last evaluation from a Hold/Accumulate to a Sell candidate.

How to buy Repligen Corporation Stock?
Repligen Corporation Stock can be purchased through just about any brokerage firm, including online brokerage services.
Click here for our free guide on how to buy Repligen Corporation Stock.

What's the current price of Repligen Corporation Stock?
As of the end of day on the 2024-03-28, the price of an Repligen Corporation (RGEN) share was $183.92.

What is the 52-week high and low for Repligen Corporation Stock?
The 52-week high for Repligen Corporation Stock is $211.13 and the 52-week low is $110.46.

What is the market capitalization of Repligen Corporation Stock?
As of the 2024-03-28, the market capitalization of Repligen Corporation is 10.304B.

When is the next earnings date for Repligen Corporation?
The upcoming earnings date for Repligen Corporation is May 07, 2024.
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About Repligen Corporation

Repligen Repligen Corporation develops and commercializes bioprocessing technologies and systems for use in biological drug manufacturing process in North America, Europe, the Asia Pacific, and internationally. It offers Protein A ligands that are the binding components of Protein A affinity chromatography resins; and cell culture growth factor products. The company's chromatography products include OPUS pre-packed chromatography columns, which are used i... RGEN Profile

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