Overall REG gets a technical rating of 4 out of 10. Recently some decent action could be observed, but in the medium term time frame this is still negative. REG was also a bad performer in the overall market in the last year.
Although the technical rating is only medium, REG does present a nice setup opportunity. Prices have been consolidating lately and the volatility has been reduced. There is a resistance zone just above the current price starting at 71.82. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 70.93, a Stop Loss order could be placed below this zone. Another positive sign is the recent Pocket Pivot signal.
67.93
When analyzing the support we notice one important area.
We can see 2 important resistance areas.
The Technical Rating and Setup analysis above combine different indicators and trends in different timeframes. Individual signals from indicators may give more contradictive signals and should always be interpreted in the more global context.
| Indicator | Value | Signal | Comment |
|---|---|---|---|
| ChartMill Long Term Trend Indicator | NEUTRAL | NEUTRAL | The long term trend for REG is neutral. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for REG is up. |
| ChartMill Relative Strength | 34.14 | NEUTRAL | REG is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of REG is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of REG is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of REG is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 55.34 | NEUTRAL | The RSI value for REG is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.26 | POSITIVE | The MACD value suggests REG has a positive trend. |
| Stochastics (14,3) | 77.87 | NEUTRAL | The Stochastics value for REG is a neutral value. |
| Average True Range in percent/ATR (20) | 1.62 | LOW VOLATILITY | The low ATR as a percentage value for REG suggests low volalility. |
| Average Directional Index/ADX (14) | 11.76 | NEGATIVE | The low ADX value for REG suggests a weak or negative trend. |
71.16
-0.1 (-0.14%)
ChartMill assigns a technical rating of 4 / 10 to REG.
The current trend direction for REGENCY CENTERS CORP (REG) is Bearish.
REGENCY CENTERS CORP (REG) has an RSI value of 55.3422. This indicates that the stock is currently neutral.
The MACD indicator for REGENCY CENTERS CORP (REG) has a value of 0.25733, indicating a bearish trend.
The short term momentum for REGENCY CENTERS CORP (REG) is positive.