RESOURCES CONNECTION INC (RGP) Technical Analysis
NASDAQ:RGP • US76122Q1058
Current stock price
RGP Technical Rating and Analysis
We assign a technical rating of 2 out of 10 to RGP. Recently some decent action could be observed, but in the medium term time frame this is still negative. RGP was also a bad performer in the overall market in the last year.
- 88% of all other stocks performed better in the past year than RGP.
- RGP 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 RGP has a been trading in the 3.06 - 3.86 range, which is quite wide. It is currently trading near the high of this range.
- Volume is considerably higher in the last couple of days, which is what you like to see during a strong movement up.
- The short term trend is positive, while the long term trend is still negative. So this is evolving in the right direction, but it may need some more time to really turn around the trend.
- RGP is part of the Professional Services industry. There are 86 other stocks in this industry, RGP did better than 42% of them.
- Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
RGP Weekly and Daily overview Charts
RGP Setup Rating and Analysis
Although the technical rating is bad, RGP does present a nice setup opportunity. Prices have been consolidating lately and the volatility has been reduced. There is a resistance zone just above the current price starting at 3.86. Right above this resistance zone may be a good entry point. We notice that large players showed an interest for RGP in the last couple of days, which is a good sign.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
More info and screens
RGP Support and Resistance Analysis
3.43
2 important support areas can be observed.
- Support @3.60 from a horizontal line in the weekly time frame.
- A support zone ranging from 3.46 to 3.49. This zone is formed by a combination of multiple trend lines in the daily time frame.
We can see 5 important resistance areas.
- A resistance zone ranging from 3.86 to 3.92. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @4.75 from a trend line in the weekly time frame.
- Resistance @4.89 from a trend line in the daily time frame.
- Resistance @5.05 from a trend line in the daily time frame.
- Resistance @5.28 from a horizontal line in the weekly time frame.
RGP Technical Indicator Signal Analysis
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 RGP is down. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for RGP is up. |
| ChartMill Relative Strength | 12.93 | NEGATIVE | RGP has a low relative strength, it was outperformed by 87.07% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of RGP is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | MIXED | The current price of RGP is above a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of RGP is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 57.82 | NEUTRAL | The RSI value for RGP is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.03 | POSITIVE | The MACD value suggests RGP has a positive trend. |
| Stochastics (14,3) | 92.14 | OVERBOUGHT | The high Stochastics value suggests RGP may be overbought. |
| Average True Range in percent/ATR (20) | 4.98 | MEDIUM VOLATILITY | The ATR as a percentage value for RGP suggests some volalility. |
| Average Directional Index/ADX (14) | 23.7 | NEUTRAL | The ADX value for RGP suggests a possible start of a new trend. |
RGP Chart- and CandleStick Pattern Analysis
RGP Technicals: Chart, Performance Metrics, Trend & Indicators
NASDAQ:RGP (4/15/2026, 8:18:08 PM)
3.85
+0.08 (+2.12%)
RESOURCES CONNECTION INC / RGP TA FAQ
What is the technical rating for RGP stock?
ChartMill assigns a technical rating of 2 / 10 to RGP.
What is the trend direction for RGP stock?
The current trend direction for RESOURCES CONNECTION INC (RGP) is Bearish.
What is the RSI signal for RESOURCES CONNECTION INC (RGP) stock?
RESOURCES CONNECTION INC (RGP) has an RSI value of 57.8202. This indicates that the stock is currently neutral.
Can you provide the short term momentum for RESOURCES CONNECTION INC?
The short term momentum for RESOURCES CONNECTION INC (RGP) is positive.
Can you provide the support and resistance levels for RESOURCES CONNECTION INC?
RESOURCES CONNECTION INC (RGP) has a support level at 3.6 and a resistance level at 3.86. Check the full technical report for our detailed analysis of RGP support and resistance levels.