REGENCELL BIOSCIENCE HOLDING (RGC) Stock Technical Analysis
NASDAQ:RGC - Nasdaq - KYG7487R1002 - Common Stock - Currency: USD
Taking everything into account, RGC scores 7 out of 10 in our technical rating. This is due to a consistent overall performance, although we see some doubts in the very recent evolution. In the medium time frame things are still looking good.
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 14.47 - 83.60 range, which is quite wide. It is currently trading near the lows of this range.
Prices have been falling strongly lately, it is better to avoid new long positions here.
Volume is considerably higher in the last couple of days. In combination with the strong move down this is a bad signal.
When comparing the yearly performance of all stocks, we notice that RGC is one of the better performing stocks in the market, outperforming 100% of all stocks.
RGC is part of the Pharmaceuticals industry. There are 195 other stocks in this industry. RGC outperforms 100% of them.
The long term trend is positive and the short term trend is negative. It is probably better to wait until this picture becomes clearer.
Although RGC has an excellent technical rating, it does not present a decent entry opportunity 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
14.31
14.75
When analyzing the support we notice one important area.
- A support zone ranging from 14.45 to 14.59. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
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 | 100 | POSITIVE | RGC has a high relative strength, it outperformed 100% 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) | 44.47 | NEUTRAL | The RSI value for RGC is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -3.25 | NEGATIVE | The MACD value suggests RGC has a negative trend. |
| Stochastics (14,3) | 2.71 | OVERSOLD | The low Stochastics value suggests RGC may be oversold. |
| Average True Range in percent/ATR (20) | 75.72 | HIGH VOLATILITY | The high ATR as a percentage value for RGC suggests high volalility. |
| Average Directional Index/ADX (14) | 34.38 | POSITIVE | The high ADX value value for RGC suggests a strong 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)
14.6
-2.44 (-14.32%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryPharmaceuticals
Performance
% Chg-14.32%
1 Week-36.38%
2 Weeks-75.67%
1 Month-25.83%
3 Month1622.45%
6 Month10631.1%
12 Month15183.7%
2 Year2871.61%
3 Year1634.02%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)14.47
ATR(20)%75.72%
ATR Inc-81.65%
Range Today1.95
ADR(20)9.32
ADR(20)%63.82%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS100
Mansfield31.74
10 Day High81.23
10 Day Low14.47
20 Day High83.6
20 Day Low14.47
52 Week High83.6
52 Week Low0.08
CS1 End15.66
CR1 StartN/A
Volume & EV
DER(3)-7.98%
DER(5)-6.42%
Volume493.40K
Volume Incr23.85%
Vol(5)1.07M
Vol(50)507.32K