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Bearish Moving Average Cross by Regeneron Pharm (REGN)

By Amy Schwartz

Today, shares of Regeneron Pharm (NASDAQ:REGN) have fallen below their 10-day MA of $285.19 on a volume of 117K shares. This may provide swing traders with an opportunity for a short position, as such a crossover often suggests lower prices in the near term.

In the past 52 weeks, shares of Regeneron Pharm have traded between a low of $272.61 and a high of $445.00 and are now at $284.70, which is 4% above that low price. The 200-day and 50-day moving averages have moved 0.43% lower and 1.08% lower over the past week, respectively.

SmarTrend is tracking the current trend status for Regeneron Pharm and will alert subscribers who have REGN in their portfolio or watchlist when shares have changed trend direction.

Keywords: moving crosses regeneron pharm

Ticker(s): REGN