NASDAQ:RGC - Nasdaq - KYG7487R1002 - Common Stock - Currency: USD
We assign a technical rating of 6 out of 10 to RGC. In the last year, RGC was one of the better performers, but we do observe some doubts in the very recent evolution.
Although the technical rating is only medium, RGC does present a nice setup opportunity. Prices have been consolidating lately and the volatility has been reduced. There is a support zone below the current price at 14.61, a Stop Loss order could be placed below this zone.
13.20
When analyzing the support we can see 3 important areas.
When analyzing the resistance we notice 2 important 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 | UP | POSITIVE | The long term trend for RGC is up. |
ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for RGC is down. |
ChartMill Relative Strength | 99.96 | POSITIVE | RGC has a high relative strength, it outperformed 99.96% off all stocks on the market. |
Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of RGC is below a declining SMA(20). |
Simple Moving Average/SMA (50) | UP | MIXED | The current price of RGC is below 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) | 46.48 | NEUTRAL | The RSI value for RGC is a neutral value. |
Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.14 | NEGATIVE | The MACD value suggests RGC has a negative trend, although the MACD value is rising. |
Stochastics (14,3) | 16.74 | OVERSOLD | The low Stochastics value suggests RGC may be oversold. |
Average True Range in percent/ATR (20) | 24.13 | HIGH VOLATILITY | The high ATR as a percentage value for RGC suggests high volalility. |
Average Directional Index/ADX (14) | 18.73 | NEGATIVE | The low ADX value for RGC suggests a weak or negative trend. |
15.05
-0.13 (-0.86%)