Biotech Scan

Scan

Biotech Scan

raw scan snapshot — prices as of scan date, not live 55 rows · screens, not recommendations ported fromresearch/classic/scans/2026-05-29-biotech-scan.md

EOW tape: gene editing names BEAM/EDIT/CRSP surging, NKTR crashing -24% 30D from monster status, LLY rips back near ATH (RSI 69.6), REGN/MDT in deep oversold territory.

Quick Snapshot

Signal Reading
Overall 🟡 Mixed-to-bullish — gene editing finally working, large pharma recouping April losses, but legacy devices (MDT, ISRG) still breaking down
Leaders LABU 3x ETF (+292% 1y, RSI 57), BEAM (+15% 7D, golden cross), CRSP (+12% 7D), ILMN (+28.6% 30D, RSI 78.6), LLY near ATH
Laggards NKTR (-24% 30D, RSI 28.8 — crashing from monster), REGN (RSI 27.3, -22% 3M), MDT (RSI 30.5, -24% 3M, deathcross)
Key insight NKTR reversal is the big story — was +137% 3M in April, now -24% 30D / RSI 28.8; REGN hits deep oversold at RSI 27.3 with -25% from 52wk high

Price Table

Stock Price RSI vs SMA20 7D% 30D% 3M% 52wkHi% Trend Signal
NKTR $64.88 28.8 -12.8% -4.42% -23.71% -5.09% -40.48% weak-down 🔍 Watch
REGN $614.78 27.3 -8.9% -2.48% -12.92% -22.14% -25.13% down ✅ Oversold Entry
MDT $73.81 30.5 -4.3% -3.99% -8.84% -24.15% -30.58% strong-down 🔍 Watch
ISRG $424.64 40.0 -3.1% -3.60% -7.20% -14.43% -29.68% strong-down 🔍 Watch
SRPT $17.87 43.8 -4.9% +1.52% -14.42% +9.50% -59.31% down ❌ Don't Buy
MRNA $47.19 44.2 -2.9% +0.23% +2.72% -10.71% -20.76% weak-down 🔍 Watch
RARE $23.94 48.3 -3.1% -1.61% -3.04% +4.00% -43.50% weak-up 🔍 Watch
PTGX $99.56 47.5 -1.3% -0.95% +0.60% +5.65% -7.68% weak-down 🔒 Hold
KYMR $81.42 46.5 -1.1% +2.12% +0.43% -9.63% -20.95% weak-down 🔍 Watch
ALNY $301.98 51.1 +2.1% +2.21% -2.43% -7.10% -39.06% strong-down 🔍 Watch
INCY $96.74 48.5 -0.8% +1.18% +1.54% -3.30% -13.85% strong-up 🔒 Hold
COGT $34.96 52.2 +2.1% +4.65% -2.32% -10.11% -20.05% weak-down 🔍 Watch
BNTX $95.95 53.8 +3.2% +1.50% -7.25% -10.73% -22.62% weak-up 🔍 Watch
GILD $134.43 51.9 +1.2% +2.26% +2.74% -9.89% -14.53% weak-down 🔍 Watch
AMGN $336.79 50.6 +1.7% -1.01% -2.00% -12.02% -13.93% weak-down 🔍 Watch
IONS $76.50 53.9 +1.2% +1.54% +2.33% -6.66% -11.81% strong-up 🔒 Hold
NTLA $14.07 54.8 +5.3% +8.65% +4.38% -8.87% -50.19% strong-up 🔍 Research
LEGN $27.16 53.3 -2.3% -4.63% +15.48% +47.29% -40.04% up 🔍 Watch
BIIB $196.00 56.4 +1.5% +1.35% +3.55% +4.23% -4.84% strong-up 🔒 Hold
IBBQ $29.84 56.0 +1.5% +1.12% +2.33% -0.07% -2.16% strong-up 🔒 Hold
IBB $172.18 55.6 +1.5% +1.59% +2.07% -0.93% -4.15% strong-up 🔒 Hold
LABU $195.30 57.1 +6.6% +6.74% +9.99% +15.22% -8.07% strong-up 🔒 Hold
VRTX $447.54 57.7 +2.6% +2.47% +4.72% -7.92% -11.89% strong-up 🔒 Hold
XBI $136.69 58.4 +2.5% +2.29% +4.08% +8.01% -1.80% strong-up 🔒 Hold
DNA $9.37 61.1 +7.1% +14.37% +10.76% +32.91% -46.70% weak-up ⚠️ Speculative
RXRX $3.59 61.9 +12.7% +13.25% +3.76% -1.10% -50.00% weak-up ⚠️ Speculative
BMRN $57.29 62.4 +7.8% -3.35% +6.27% -4.10% -13.56% up 🔍 Watch
ABBV $217.72 61.6 +3.7% -0.29% +3.03% -6.29% -11.07% up 🔒 Hold
NVO $45.58 61.6 +0.8% +1.27% +7.96% +25.15% -44.03% weak-up 🔍 Research
DHR $182.67 60.7 +6.6% +4.18% +2.08% -11.14% -24.77% weak-up 🔍 Watch
CRSP $56.18 60.2 +7.9% +11.91% +7.34% -7.55% -28.41% up 🔒 Hold
TMO $492.51 62.3 +7.3% +8.67% +2.83% -3.06% -23.52% weak-up 🔍 Watch
IQV $182.21 61.8 +6.1% +9.92% +15.05% +4.56% -26.25% weak-up 🔍 Watch
BEAM $32.93 61.9 +9.3% +15.38% +8.57% +14.78% -9.63% strong-up 🔒 Hold
EDIT $3.46 63.4 +17.0% +26.30% +15.33% +60.93% -23.74% strong-up ⚠️ Speculative
DXCM $73.74 69.2 +13.7% +0.31% +23.83% -0.05% -18.05% up ⚠️ Overbought
LLY $1105.00 69.6 +8.8% +5.63% +18.44% +8.74% -3.84% strong-up 🔒 Hold
EXAS $104.91 73.1 +1.2% +1.13% +1.02% +1.46% -0.07% strong-up ⚠️ Overbought
A $135.53 76.6 +16.5% +18.24% +17.29% +14.95% -28.20% up ⚠️ Overbought
ILMN $162.96 78.6 +12.9% +9.61% +28.58% +22.63% -1.46% strong-up ⚠️ Overbought

Tier Analysis

Capitulation (RSI < 30) — Potential Entry

  • NKTR ($64.88, RSI 28.8) — fell -24% 30D from monster status. Was +138% 3M in April. Sharp reversal. Thesis under review.
  • REGN ($614.78, RSI 27.3) — -22% 3M, -25% from 52wk high. Quality large-cap into deep oversold. Dupixent/pipeline intact.

Oversold (RSI 25–40) — Watch for Entry

  • MDT ($73.81, RSI 30.5) — medical devices in structural breakdown. Deathcross, -24% 3M, -31% from high. Yield support only.
  • ISRG ($424.64, RSI 40) — surgical robotics weakening, -14% 3M, -30% from high. Deathcross. Still the gold standard but re-rate happening.

Neutral / Building (RSI 40–60) — Core Zone

  • PTGX, INCY, IONS, BIIB, GILD, AMGN, IBB, IBBQ, XBI — biotech ETFs and stable mid-caps holding neutral to mild uptrend
  • NTLA, LEGN, CRSP — gene editing recovering after multi-year collapse; NTLA/CRSP golden cross
  • NVO — +25% 3M recovery from deep lows (-44% from ATH), deathcross still active, watch for confirmation

Overbought / Extended (RSI > 70) — Avoid Chasing

  • ILMN (RSI 78.6) — genomics ripping, +28.6% 30D; extended but thesis strong
  • A / Agilent (RSI 76.6) — +18% in a week, overbought, deathcross still active
  • EXAS (RSI 73.1) — near 52wk ATH, +140% 1y
  • EDIT (RSI 63.4, +61% 3M) — speculative gene editing bounce; micro-cap risk

Entry Zones

Stock Price Zone RSI 30D% Setup
REGN $614.78 <$640 27.3 -12.92% Deep oversold, quality franchise, dupixent monopoly, -25% from high
NKTR $64.88 <$70 28.8 -23.71% Monster crashing — wait for stabilization. Prior +500% 1y. High-risk re-entry.
MDT $73.81 30.5 -8.84% Structural breakdown (deathcross), yield trap risk. Avoid unless you see reversal catalyst.
ISRG $424.64 <$440 40.0 -7.20% Approaching entry but deathcross active. Watch for bottom formation.
NVO $45.58 $42-46 61.6 +7.96% Recovery attempt (+25% 3M off the lows). Still -44% from ATH. Deathcross active — needs confirmation.

Action Matrix

Action Stocks Why
✅ OVERSOLD ENTRY REGN RSI 27.3, quality pharma deep in capitulation, Dupixent intact
🔍 WATCH / RESEARCH NKTR, ISRG, MDT, NVO, BNTX, AMGN, GILD, ALNY Falling knives or recovery attempts — needs catalyst/confirmation
🔒 HOLD LLY, BIIB, INCY, IONS, VRTX, PTGX, ABBV, BEAM, CRSP, XBI, IBB, IBBQ, LABU Trends intact, thesis working
⚠️ OVERBOUGHT / AVOID ILMN, A, EXAS, DXCM Extended RSI, don't chase
⚠️ SPECULATIVE EDIT, NTLA, DNA, RXRX, LEGN, SRPT Deep drawdowns, no fundamentals, lottery-ticket risk
❌ DON'T BUY SRPT -59% from high, gene therapy collapse, no reversal signal

What Changed (vs April 28 scan)

  • NKTR reversal — was +138% 3M monster (+$83 price), now -24% 30D at $64.88 / RSI 28.8. Biggest story in the scan. Prior thesis must be re-verified.
  • LLY fully recovered — was RSI 37.6 at $874, now RSI 69.6 at $1,105. +18.4% 30D rip. GLP-1 thesis back on.
  • REGN new oversold — was neutral (RSI 45), now RSI 27.3 at $614. -22% 3M selloff. Contrast with LLY; Dupixent/KymAb pricing overhang?
  • BEAM/EDIT/CRSP surging — gene editing names all +8-27% 7D; golden crosses forming. Sector rotation into small biotech.
  • ILMN ripping — was RSI 47 at $126, now RSI 78.6 at $162. +28.6% 30D. Genomics thesis re-rating.
  • MDT continuing breakdown — RSI 30.5 now vs 32.6 in April; -24% 3M vs -18% prior. Structural devaluation.
  • A / Agilent — was RSI 44, now RSI 76.6; +18% in a week off lows. Extreme move; deathcross still active.
10 events

No direct external sources are attached to this read.