Barchart Research Team - BC - Thu Aug 23, 5:24PM CDT
The "Chart of the Day" is Regeneron Pharmaceuticals (REGN), which showed up on Thursday's Barchart "All-Time High" list. Regeneron on Thursday rallied to a new all-time high of $145.81 and closed +2.94%. TrendSpotter has been long since July 26 at $135.64. In recent news on the stock, Lazard Capital on Aug 7 initiated coverage on Regeneron with a Neutral. On Aug 3, the FDA approved Regeneron's Zaltrap cancer treatment drug. BMO Capital on Aug 1 reiterated its Outperform rating and its $158 target. Regeneron Pharmaceuticals, with a market cap of $13 billion, is a biopharmaceutical company that discovers, develops, and commercializes therapeutic drugs for the treatment of serious medical conditions.
How we found the Chart of the Day:
We found the "Chart of the Day" by scanning the Barchart "All Time High" list. In order to get to that list, we first clicked on the Stocks menu item on the Barchart home page, then on the "All Time Highs" menu item on the left menu bar. We then sorted the list by percentage gainers by clicking on the "Percent" column title. A stock that has posted a new All-Time high is typically showing strong upside momentum.
The status of Barchart's Opinion trading systems are listed below. Please note that the Barchart Opinion indicators are updated live during the session every 10 minutes and can therefore change during the day as the market fluctuates. The indicator numbers shown below therefore may not match what you see live on the Barchart.com web site when you read this report.
- TrendSpotter: Buy
- Short-Term Indicators: 100% Buy
- Medium-Term Indicators: 100% Buy
- Long-Term Indicators: 33% Buy
- Overall Average 88% Buy
Barchart links for further information:
Chart of the Day Archive
View Past Chart of the Day Reports