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.
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.
Looking at the yearly performance, RGC did better than 99% of all other stocks.
RGC is one of the better performing stocks in the Pharmaceuticals industry, it outperforms 100% of 194 stocks in the same industry.
RGC has an average volume of 1285860 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
In the last month RGC has a been trading in the 9.39 - 30.00 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
RGC has an excellent technical rating and also presents a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is very little resistance above the current price.
More info and screens
12.83
23.31
We found 3 important support areas.
- A support zone ranging from 14.49 to 14.72. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @13.66 from a horizontal line in the daily time frame.
- Support @12.96 from a trend line in the daily time frame.
When analyzing the resistance we notice one important area.
- 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 | NEUTRAL | NEUTRAL | The short term trend for RGC is neutral. |
| 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) | 46.11 | NEUTRAL | The RSI value for RGC is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.45 | NEGATIVE | The MACD value suggests RGC has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 21.8 | NEUTRAL | The Stochastics value for RGC is a neutral value. |
| Average True Range in percent/ATR (20) | 28.37 | HIGH VOLATILITY | The high ATR as a percentage value for RGC suggests high volalility. |
| Average Directional Index/ADX (14) | 18.87 | 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)
14.79
+1.12 (+8.19%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryPharmaceuticals
Performance
% Chg8.19%
1 Week-3.27%
2 Weeks-15%
1 Month-35.56%
3 Month1837.33%
6 Month11612.4%
12 Month4472.98%
2 Year2910.28%
3 Year1656.59%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)4.01
ATR(20)%28.37%
ATR Inc-32.33%
Range Today4.66
ADR(20)4.04
ADR(20)%27.3%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS99.96
Mansfield22.18
10 Day High18.83
10 Day Low13.51
20 Day High30
20 Day Low9.39
52 Week High83.6
52 Week Low0.09
CS1 End14.72
CR1 Start23.08
Volume & EV
DER(3)0.19%
DER(5)-2.21%
Volume2.75M
Volume Incr-59.4%
Vol(5)1.07M
Vol(50)1.29M