REGENCELL BIOSCIENCE HOLDING (RGC) Stock Technical Analysis
NASDAQ:RGC - Nasdaq - KYG7487R1002 - Common Stock - Currency: USD
We assign a technical rating of 7 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.
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.
In the last month RGC has a been trading in the 9.39 - 30.00 range, which is quite wide. It is currently trading near the lows of this range.
Looking at the yearly performance, RGC did better than 99% of all other stocks. We also observe that the gains produced by RGC over the past year are nicely spread over this period.
RGC is one of the better performing stocks in the Pharmaceuticals industry, it outperforms 99% of 194 stocks in the same industry.
RGC has an average volume of 1304870 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
The short term trend is negative, but the long term trend is still positive. So although the long term is still positive, this may be a trend turning.
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.
More info and screens
13.37
23.31
When analyzing the support we notice one important area.
- A support zone ranging from 13.51 to 13.79. This zone is formed by a combination of multiple trend lines in multiple time frames.
2 important resistance areas can be observed.
- A resistance zone ranging from 15.06 to 15.19. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @23.08 from a horizontal line 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 | DOWN | NEGATIVE | The short term trend for RGC is down. |
| 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) | 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) | 44.81 | NEUTRAL | The RSI value for RGC is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.12 | NEGATIVE | The MACD value suggests RGC has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 11.52 | OVERSOLD | The low Stochastics value suggests RGC may be oversold. |
| Average True Range in percent/ATR (20) | 25.11 | HIGH VOLATILITY | The high ATR as a percentage value for RGC suggests high volalility. |
| Average Directional Index/ADX (14) | 18.46 | 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)
13.8
-1.25 (-8.31%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryPharmaceuticals
Performance
% Chg-8.31%
1 Week-4.17%
2 Weeks-5.99%
1 Month-20.69%
3 Month756.16%
6 Month13700%
12 Month6800%
2 Year2708.78%
3 Year1539.01%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)1.89
ATR(20)%25.11%
ATR Inc-66.47%
Range Today1.25
ADR(20)3.32
ADR(20)%24.05%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS99.98
Mansfield18.28
10 Day High18.41
10 Day Low13.51
20 Day High30
20 Day Low9.39
52 Week High83.6
52 Week Low0.09
CS1 End13.79
CR1 Start15.06
Volume & EV
DER(3)-2.26%
DER(5)-2.88%
Volume425.10K
Volume Incr-63.17%
Vol(5)879.26K
Vol(50)1.30M