Taking everything into account, RGC scores 9 out of 10 in our technical rating. 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.
Considerably lower volume is observed in the last couple of days, which is not what you would like to see during a strong up movement.
Both the short term and long term trends are positive. This is a very positive sign.
RGC is one of the better performing stocks in the Pharmaceuticals industry, it outperforms 99% of 198 stocks in the same industry.
In the last month RGC has a been trading in the 22.00 - 64.42 range, which is quite wide. It is currently trading near the high of this range.
Looking at the yearly performance, RGC did better than 99% of all other stocks. However, this overall good ranking is mostly due to the recent strong move.
RGC is currently trading in the middle of its 52 week range. This is in line with the S&P500 Index, which is also trading in the middle of its range.
Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.