RGC Technical Analysis - REGENCELL BIOSCIENCE HOLDING

Technical Rating and Analysis

Overall RGC gets a technical rating of 10 out of 10. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, RGC is showing a nice and steady performance.

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 and short term trends are both positive. This is looking good!

Looking at the yearly performance, RGC did better than 99% of all other stocks.

RGC is part of the Pharmaceuticals industry. There are 197 other stocks in this industry. RGC outperforms 99% of them.

In the last month RGC has a been trading in the 12.71 - 17.20 range, which is quite wide. It is currently trading near the high of this range.

Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.

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Technical Analysis

Relative Strength

ChartMill Trend Indicator

Simple Moving Average

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Weekly and Daily overview Charts

REGENCELL BIOSCIENCE HOLDING / RGC Weekly stock chart

REGENCELL BIOSCIENCE HOLDING / RGC Daily stock chart

Setup Rating and Analysis

RGC has an excellent technical rating, but the quality of the setup is only medium at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.

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ChartMill Technical Ratings

Pocket Pivots

Bull Flags

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Support and Resistance Analysis

12.47

17.27

5 important support areas can be observed.

A support zone ranging from 15.49 to 15.59. 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 14.90 to 15.10. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
Support @14.58 from a horizontal line in the daily time frame.
Support @13.73 from a trend line in the daily time frame.
Support @12.60 from a horizontal line in the daily time frame.

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Technical Indicator Signal Analysis

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	UP	POSITIVE	The short term trend for RGC is up.
ChartMill Relative Strength	99.98	POSITIVE	RGC has a high relative strength, it outperformed 99.98% 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)	62.79	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)	86.27	OVERBOUGHT	The high Stochastics value suggests RGC may be overbought.
Average True Range in percent/ATR (20)	5.44	HIGH VOLATILITY	The high ATR as a percentage value for RGC suggests high volalility.
Average Directional Index/ADX (14)	19.16	NEGATIVE	The low ADX value for RGC suggests a weak or negative trend.