Technical Analysis: SNY is currently showing a bullish momentum with RSI at 70.46, indicating an overbought condition. The stock closed at $52.48 on January 24, 2025, with a positive regular market change of +0.96%.
Fibonacci levels suggest key resistance at $52.20 (R1) and $53.34 (R2), while support levels are at $48.49 (S1) and $47.35 (S2). The stock is trading above both its 20-day SMA ($49.54) and 60-day SMA ($49.40), confirming an upward trend.
News Impact: Recent positive catalysts include:
However, there's a negative factor:
Price Prediction for Next Week: Based on technical indicators and news sentiment:
Trading Recommendation: BUY with the following rationale:
However, traders should be cautious of:
The price of SNY is predicted to go up 3.31%, based on the high correlation periods with AMSF. The similarity of these two price pattern on the periods is 96.14%.
SNY
AMSF
Year
SNY Price Forecast($)
Potential Return(%)
2025
48.320
0.350
2026
65.000
34.990
2027
60.000
24.510
2028
72.000
49.530
2029
65.000
32.140
2030
75.000
52.470
Sanofi is launching immunology drug Dupixent in several indications and the drug holds strong pricing power and major blockbuster potential across several indications.
Sanofi's strong entrenchment in rare-disease drugs should translate into steady pricing power as payers tend not to push back on pricing in these areas.
With a wide product offering in vaccines, consumer health and insulins, Sanofi is well positioned for the fast-growing emerging markets.