RGC RESOURCES INC (RGCO) Stock Technical Analysis
USA - NASDAQ:RGCO - US74955L1035 - Common Stock
We assign a technical rating of 1 out of 10 to RGCO. RGCO scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
RGCO has a bad technical rating, but it does show a decent setup pattern. Prices have been consolidating lately. There is a support zone below the current price at 21.00, a Stop Loss order could be placed below this zone. Very recently a Pocket Pivot signal was observed. This is another positive sign.
- A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
More info and screens
19.04
4 important support areas can be observed.
- A support zone ranging from 20.92 to 21.00. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 20.25 to 20.27. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 19.67 to 19.91. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @19.23 from a horizontal line in the weekly time frame.
3 important resistance areas can be observed.
- A resistance zone ranging from 21.17 to 21.68. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @22.67 from a horizontal line in the weekly time frame.
- A resistance zone ranging from 23.28 to 23.49. This zone is formed by a combination of multiple trend lines 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 | NEUTRAL | NEUTRAL | The long term trend for RGCO is neutral. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for RGCO is neutral. |
| ChartMill Relative Strength | 36.23 | NEUTRAL | RGCO is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of RGCO is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of RGCO is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | MIXED | The current price of RGCO is below the rising SMA(200). |
| Relative Strength Index/RSI (14) | 45.51 | NEUTRAL | The RSI value for RGCO is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.06 | POSITIVE | The MACD value suggests RGCO has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 46.22 | NEUTRAL | The Stochastics value for RGCO is a neutral value. |
| Average True Range in percent/ATR (20) | 2.28 | MEDIUM VOLATILITY | The ATR as a percentage value for RGCO suggests some volalility. |
| Average Directional Index/ADX (14) | 17.64 | NEGATIVE | The low ADX value for RGCO suggests a weak or negative trend. |
NASDAQ:RGCO (11/19/2025, 2:57:53 PM)
21.0001
-0.81 (-3.71%)
RGC RESOURCES INC / RGCO FAQ
What is the technical rating for RGCO stock?
ChartMill assigns a technical rating of 1 / 10 to RGCO.
Can you provide the trend direction for RGC RESOURCES INC?
The current trend direction for RGC RESOURCES INC (RGCO) is Bearish.
Can you provide the RSI signal for RGC RESOURCES INC?
RGC RESOURCES INC (RGCO) has an RSI value of 45.5129. This indicates that the stock is currently neutral.
What is the MACD signal for RGCO stock?
The MACD indicator for RGC RESOURCES INC (RGCO) has a value of 0.0633328, indicating a bearish trend.
What is the support and resistance level for RGCO stock?
RGC RESOURCES INC (RGCO) has a support level at 21 and a resistance level at 21.17. Check the full technical report for our detailed analysis of RGCO support and resistance levels.