Real Goods Solar Inc. (RGSE) Stock Technical Analysis
USA - NASDAQ:RGSE -
0.44
-0.04 (-8.33%)
0.44
0 (0%)
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.
Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
97% of all other stocks performed better in the past year than RGSE.
RGSE 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.
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.
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
0.32
0.55
When analyzing the support we can see 2 important areas.
- 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.
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. |
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)
0.44
-0.04 (-8.33%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg-8.33%
1 Week-10.93%
2 Weeks-14.06%
1 Month-18.52%
3 Month-19.12%
6 Month30.95%
12 Month-63.03%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.04
ATR(20)%7.64%
ATR Inc60.42%
Range Today0.05
ADR(20)N/A
ADR(20)%N/A
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS3.96
Mansfield-3.34
10 Day High0.52
10 Day Low0.33
20 Day High0.55
20 Day Low0.33
52 Week High1.64
52 Week Low0.3
CS1 End0.43
CR1 Start0.44
Volume & EV
DER(3)-5.2%
DER(5)-2.83%
Volume3.58M
Volume Incr206.4%
Vol(5)6.82M
Vol(50)4.38M