REGENCELL BIOSCIENCE HOLDING (RGC) Stock Technical Analysis
USA - NASDAQ:RGC - KYG7487R1002 - Common Stock
14.7 USD
+1.25 (+9.29%)
14.5801 USD
-0.12 (-0.82%)
We assign a technical rating of 6 out of 10 to RGC. RGC has been one of the better performers in the overall market. Some doubts were observed in the medium time frame, but recent action was again very positive.
RGC is currently trading in the lower part of its 52 week range, which is not a good signal. Certainly not because the S&P500 Index is trading near new highs.
The long term trend is positive and the short term trend is neutral. The long term trend gets the benefit of the doubt for now.
RGC is part of the Pharmaceuticals industry. There are 195 other stocks in this industry. RGC outperforms 99% of them.
RGC has an average volume of 1009810 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
When comparing the yearly performance of all stocks, we notice that RGC is one of the better performing stocks in the market, outperforming 99% of all stocks. However, this overall performance is mostly based on the strong move around 4 months ago.
In the last month RGC has a been trading in the 12.01 - 16.69 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Considerably lower volume is observed in the last couple of days.
RGC has only a medium technical rating, but it does show a decent setup pattern. Prices have been consolidating lately. There is a resistance zone just above the current price starting at 15.18. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 13.60, a Stop Loss order could be placed below this zone. We notice that large players showed an interest for RGC in the last couple of days, which is a good sign.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
More info and screens
12.66
15.44
We found 2 important support areas.
- A support zone ranging from 13.36 to 13.60. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A support zone ranging from 12.79 to 12.95. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 15.18 to 15.29. This zone is formed by a combination of multiple trend lines in the daily time frame.
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 | UP | POSITIVE | The long term trend for RGC is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for RGC is neutral. |
| ChartMill Relative Strength | 99.97 | POSITIVE | RGC has a high relative strength, it outperformed 99.97% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of RGC is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of RGC is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of RGC is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 54.56 | NEUTRAL | The RSI value for RGC is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.2 | POSITIVE | The MACD value suggests RGC has a positive trend. |
| Stochastics (14,3) | 38.66 | NEUTRAL | The Stochastics value for RGC is a neutral value. |
| Average True Range in percent/ATR (20) | 6.72 | HIGH VOLATILITY | The high ATR as a percentage value for RGC suggests high volalility. |
| Average Directional Index/ADX (14) | 13.76 | NEGATIVE | The low ADX value for RGC suggests a weak or negative trend. |
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 15.30 | 13.35 | 1.95 (12.75%) | 7.85% |
| An entry @15.30. This is a Buy Stop order right above the resistance zone. | An exit @13.35. This is a Stop Loss order right below the support zone. | The trade has a worst case loss of 1.95 points, which is 12.75%. | For a 1.00% total portfolio risk, you can invest 7.85% of your capital in this trade. |
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
14.7
+1.25 (+9.29%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryPharmaceuticals
Performance
% Chg9.29%
1 Week10.86%
2 Weeks-3.8%
1 Month15.75%
3 Month-6.13%
6 Month4326.31%
12 Month10244.4%
2 Year3820%
3 Year1656.6%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)1.17
ATR(20)%6.72%
ATR Inc2.19%
Range Today1.69
ADR(20)0.96
ADR(20)%6.51%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS99.97
Mansfield12.27
10 Day High15.12
10 Day Low12.01
20 Day High16.69
20 Day Low12.01
52 Week High83.6
52 Week Low0.09
CS1 End13.6
CR1 Start15.18
Volume & EV
DER(3)5.76%
DER(5)3.73%
Volume435.50K
Volume Incr-13.32%
Vol(5)249.74K
Vol(50)1.01M