Real Goods Solar Inc. (RGSE) Technical Analysis
NASDAQ:RGSE
Current stock price
RGSE Technical Rating and Analysis
Taking everything into account, RGSE scores 0 out of 10 in our technical rating. RGSE's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
- The short term trend is negative, as is the long term trend. There should be more interesting stocks out there.
- When comparing the yearly performance of all stocks, RGSE is a bad performer in the overall market: 97% of all stocks are doing better.
- RGSE is currently trading in the lower part of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so RGSE is lagging the market.
- Volume is considerably higher in the last couple of days. In combination with the strong move down this is a bad signal.
- RGSE has an average volume of 4379210 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- In the last month RGSE has a been trading in the 0.33 - 0.55 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
RGSE Weekly and Daily overview Charts
RGSE Setup Rating and Analysis
The technical rating of RGSE is bad and it also does not present a quality setup 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
RGSE Support and Resistance Analysis
0.32
2 important support areas can be observed.
- A support zone ranging from 0.43 to 0.43. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @0.32 from a trend line in the weekly time frame.
When analyzing the resistance we notice 2 important areas.
- A resistance zone ranging from 0.44 to 0.44. This zone is formed by a combination of multiple trend lines in the daily time frame.
- Resistance @0.54 from a trend line in the daily time frame.
RGSE 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 RGSE is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for RGSE is down. |
| ChartMill Relative Strength | 3.96 | NEGATIVE | RGSE has a low relative strength, it was outperformed by 96.04% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of RGSE is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of RGSE is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of RGSE is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 37.4 | NEUTRAL | The RSI value for RGSE is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.01 | NEGATIVE | The MACD value suggests RGSE has a negative trend. |
| Stochastics (14,3) | 61.7 | NEUTRAL | The Stochastics value for RGSE is a neutral value. |
| Average True Range in percent/ATR (20) | 7.64 | HIGH VOLATILITY | The high ATR as a percentage value for RGSE suggests high volalility. |
RGSE Chart- and CandleStick Pattern Analysis
RGSE Technicals: Chart, Performance Metrics, Trend & Indicators
0.44
-0.04 (-8.33%)
Real Goods Solar Inc. / RGSE TA FAQ
What is the ChartMill technical rating of Real Goods Solar Inc. (RGSE) stock?
ChartMill assigns a technical rating of 0 / 10 to RGSE.
Can you provide the trend direction for Real Goods Solar Inc.?
The current trend direction for Real Goods Solar Inc. (RGSE) is Bearish.
What is the RSI signal for RGSE stock?
Real Goods Solar Inc. (RGSE) has an RSI value of 37.3968. This indicates that the stock is currently neutral.
What is the short term momentum for RGSE stock?
The short term momentum for Real Goods Solar Inc. (RGSE) is negative.
What is the buy/sell signal for RGSE stock?
The buy/sell signal for Real Goods Solar Inc. (RGSE) is sell as both the short term and long term trends are negative.