REAL GOOD FOOD CO INC/THE (RGF) Stock Technical Analysis
NASDAQ:RGF - Nasdaq - US75601G1094 - Common Stock - Currency: USD
We assign a technical rating of 0 out of 10 to RGF. RGF scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
The short term trend is neutral, while the long term trend is still negative. We need to see a little more continued positive action to make this really interesting.
100% of all other stocks performed better in the past year than RGF.
RGF is one of the lesser performing stocks in the Food Products industry. 95% of 90 stocks in the same industry do better.
RGF is currently making a new 52 week low. This is a very bad signal. The S&P500 Index is trading in the upper part of its 52 week range, so RGF is lagging the market.
In the last month RGF has a been trading in the 1.13 - 5.22 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.
The technical rating of RGF is bad and it also does not present a quality setup at the moment. Prices have been extended to the downside lately. For a nice entry it is better to wait for a consolidation.
More info and screens
1.24
3.27
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 3.18 to 3.24. 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 | DOWN | NEGATIVE | The long term trend for RGF is down. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for RGF is neutral. |
| ChartMill Relative Strength | 0.7 | NEGATIVE | RGF has a low relative strength, it was outperformed by 99.3% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of RGF is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of RGF is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of RGF is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 31.73 | NEUTRAL | The RSI value for RGF is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.03 | NEGATIVE | The MACD value suggests RGF has a negative trend. |
| Stochastics (14,3) | 31.33 | NEUTRAL | The Stochastics value for RGF is a neutral value. |
| Average True Range in percent/ATR (20) | 49.2 | HIGH VOLATILITY | The high ATR as a percentage value for RGF suggests high volalility. |
| Average Directional Index/ADX (14) | 24.39 | NEUTRAL | The ADX value for RGF suggests a possible start of a new 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)
1.25
-2.34 (-65.16%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorConsumer Staples
GICS IndustryFood Products
Performance
% Chg-65.16%
1 Week-59.55%
2 Weeks-54.37%
1 Month-53.25%
3 Month-65.3%
6 Month-80.64%
12 Month-92.77%
2 Year-98.12%
3 Year-98.25%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.77
ATR(20)%49.2%
ATR Inc177.61%
Range Today2.73
ADR(20)0.61
ADR(20)%48.9%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS0.7
Mansfield-8.21
10 Day High5.22
10 Day Low1.13
20 Day High5.22
20 Day Low1.13
52 Week High17.52
52 Week Low1.13
CS1 EndN/A
CR1 Start3.18
Volume & EV
DER(3)-7.61%
DER(5)-0.14%
Volume1.47M
Volume Incr538.01%
Vol(5)1.48M
Vol(50)311.15K