Biotech

Update

Biotech

LLY stable at RSI 47, -2.5% below SMA. BIIB pulled back -5.7% week to $184. BNTX dropped -9.1% week to $100.76. GILD recovered slightly to $147.79. CRSP/MRNA/NTLA/ALNY fresh data with no RSI — price-only. BEAM/LEGN still stale.


Quick Snapshot

Signal Reading
Overall 🟡 MIXED/COOLING — Gene editing names (CRSP/MRNA) pulling back from overbought. BNTX dropped sharply -9.1% week. LLY steady below SMA. GILD stabilizing. LEGN still extreme (stale).
Key insight BNTX -9.1% week to $100.76 — approaching oversold territory. CRSP pulled back from 52wk high RSI 81 to $58.04 (+2.2% week, +15.7% 30D). MRNA -1.3% week, still +16.5% 30D from lows. LLY RSI 47 holding long thesis.

Action Matrix

Action Stocks Why
🔍 RESEARCH LEGN RSI 8 (stale 02/09) — extreme, verify current price
🔍 WATCH BNTX $100.76, -9.1% week — approaching entry zone
🔒 HOLD LLY RSI 47, -2.5% below SMA — long GLP-1 thesis intact
🔒 HOLD BIIB $184.02, -5.7% week — RSI not available, monitor
🔒 HOLD BEAM RSI 62 (stale 02/26), above SMA — confirm
🔒 HOLD ALNY $318.65, -4.3% week — -9.5% 30D, near prior oversold
🔒 HOLD GILD $147.79, +0.1% week — stabilizing
🔒 HOLD CRSP $58.04, +2.2% week — still +15.7% 30D, watch for RSI pullback
⚠️ MONITOR MRNA $49.84, -1.3% week — +16.5% 30D, still elevated
⚠️ MONITOR NTLA $13.60, +0.1% week — +10.0% 30D

Data (Validated 2026-03-03)

Stock Price 7D 30D 52wkHi RSI SMA20 vs SMA Status Action
LEGN $17.20 +0.3% -27.1% $23.70 8 $19.40 -11.4% 🔴 Extreme (stale 02/09) 🔍 Research
BIIB $184.02 -5.7% -0.8% $201.18 🟡 Pulling back 🔒 Hold
BNTX $100.76 -9.1% -7.4% $110.89 🟡 Declining 🔍 Watch
LLY $1,007.30 -3.3% +0.6% $1,105.28 47 $1,032.85 -2.5% 🟡 Below SMA 🔒 Hold
ALNY $318.65 -4.3% -9.5% $351.96 🟡 Declining 🔒 Hold
BEAM $28.38 +1.8% -8.3% $32.29 62 $27.76 +2.2% 🟢 Above SMA (stale 02/26) 🔒 Hold
GILD $147.79 +0.1% +1.1% $155.80 🟡 Stabilizing 🔒 Hold
NTLA $13.60 +0.1% +10.0% $15.44 🟡 Elevated ⚠️ Monitor
CRSP $58.04 +2.2% +15.7% $61.74 🟠 Pulling back from highs 🔒 Hold
MRNA $49.84 -1.3% +16.5% $53.57 🟠 Still elevated ⚠️ Monitor

Note: LEGN data as of 02/09, BEAM as of 02/26 — stale. BIIB, BNTX, ALNY, GILD, NTLA, CRSP, MRNA have price only (no RSI/SMA in feed).


Key Changes vs 02/26

Stock 02/26 Price 03/03 Price Move Note
BNTX $108.88 $100.76 -7.5% Sharp drop — approaching entry zone
BIIB $187.64 $184.02 -1.9% Continuing mild pullback
LLY $1,009.92 $1,007.30 -0.3% Flat — base holding near SMA
ALNY $328.26 $318.65 -2.9% Resuming decline — watch for oversold
GILD $143.77 $147.79 +2.8% Quietly recovering
CRSP $59.60 $58.04 -2.6% Pulling back from 52wk high RSI 81
MRNA $51.72 $49.84 -3.6% Cooling from overbought highs
NTLA $13.67 $13.60 -0.5% Flat after surge

Key Discoveries

Discovery Implication
BNTX -7.5% week, -7.4% 30D Approaching potential entry zone — watch for RSI < 35
CRSP/MRNA both cooling from extreme OB Gene editing mean-reversion underway — wait before adding
GILD quietly up +2.8% week from RSI 42 Steady recovery — no fanfare accumulation

Mistakes (Don't Repeat)

Mistake Lesson
LEGN bounced RSI 8→31, now back at 8 Extreme RSI without catalyst = structural problem, not entry

Open Questions

  • BNTX -9.1% week: is $100 a support level or heading lower?
  • ALNY -9.5% 30D — re-entering oversold territory from RSI 48?
  • LEGN RSI 8 still stale — what is current price and is the thesis broken?
  • MRNA +16.5% 30D but -1.3% week — is the surge over?
10 events

No direct external sources are attached to this read.