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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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Repligen Corporation stock upgraded from Strong Sell Candidate to Sell Candidate after Friday trading session.
(Updated on Jun 21, 2024)

Sell candidate since May 28, 2024 Loss -20.05% PDF

The Repligen Corporation stock price gained 4.43% on the last trading day (Friday, 21st Jun 2024), rising from $120.00 to $125.32. During the last trading day the stock fluctuated 3.73% from a day low at $120.89 to a day high of $125.40. The price has fallen in 8 of the last 10 days and is down by -15.63% for this period. Volume fell on the last day by -302 thousand shares and in total, 1 million shares were bought and sold for approximately $175.57 million. You should take into consideration that falling volume on higher prices causes divergence and may be an early warning about possible changes over the next couple of days.

The stock lies in the lower of a very wide and falling trend in the short term, and this may normally pose a very good buying opportunity. If the lower trend floor at $119.20 is broken, it will firstly indicate a stronger fall rate. Given the current short-term trend, the stock is expected to fall -24.02% during the next 3 months and, with a 90% probability hold a price between $90.58 and $118.63 at the end of this 3-month period. Do note, that if the stock price manages to stay at current levels or higher, our prediction target will start to change positively over the next few days as the conditions for the current predictions will be broken.

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RGEN Signals & Forecast

A buy signal was issued from a pivot bottom point on Thursday, June 20, 2024, and so far it has risen 4.43%. Further rise is indicated until a new top pivot has been found. Volume fell during the last trading day despite gaining prices. This causes a divergence between volume and price and it may be an early warning. The stock should be watched closely. 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 $126.73 and $153.15. 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).

Support, Risk & Stop-loss for Repligen Corporation stock

Repligen Corporation finds support from accumulated volume at $124.35 and this level may hold a buying opportunity as an upwards reaction can be expected when the support is being tested.

This stock may move much during the day (volatility) and with a large prediction interval from the Bollinger Band this stock is considered to be "high risk". During the last day, the stock moved $4.52 between high and low, or 3.73%. For the last week, the stock has had daily average volatility of 4.64%.

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 24th

For the upcoming trading day on Monday, 24th we expect Repligen Corporation to open at $123.87, and during the day (based on 14 day Average True Range), to move between $119.39 and $131.25, which gives a possible trading interval of +/-$5.93 (+/-4.73%) up or down from last closing price. If Repligen Corporation takes out the full calculated possible swing range there will be an estimated 9.46% move between the lowest and the highest trading price during the day.

Since the stock is closer to the resistance from accumulated volume at $125.62 (0.24%) than the support at $124.35 (0.77%), our systems don't find the trading risk/reward intra-day attractive and any bets should be held until the stock is closer to the support level.

Is Repligen Corporation stock A Buy?

Repligen Corporation holds several negative signals and is within a very wide and falling trend, so we believe it will still perform weakly in the next couple of days or weeks. We therefore hold a negative evaluation of this stock. We have upgraded our analysis conclusion for this stock since the last evaluation from a Strong Sell to a Sell candidate.

Current score: -2.576 Sell Candidate Upgraded

Predicted Opening Price for Repligen Corporation of Monday, June 24, 2024

Fair opening price June 24, 2024 Current price
$123.87 ( 1.16%) $125.32

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
R3 128.38 2.44%
R2 126.66 1.07%
R1 125.59 0.218%
Price 125.32
S1 122.14 -2.53%
S2 121.08 -3.38%
S3 119.35 -4.76%

Accumulated Volume Support & Resistance Levels

Level Price
R3 141.23 12.70%
R2 125.94 0.495%
R1 125.62 0.239%
Price 125.32
S1 124.35 -0.774%
S2 123.00 -1.85%
S3 120.00 -4.25%

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?
Repligen Corporation holds several negative signals and is within a very wide and falling trend, so we believe it will still perform weakly in the next couple of days or weeks. We therefore hold a negative evaluation of this stock. We have upgraded our analysis conclusion for this stock since the last evaluation from a Strong Sell 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 Jun 21, 2024, the price of an Repligen Corporation (RGEN) share was $125.32.

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 Jun 21, 2024, the market capitalization of Repligen Corporation is 6.705B.

When is the next earnings date for Repligen Corporation?
The upcoming earnings date for Repligen Corporation is Aug 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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