Taking everything into account, RGSE scores 0 out of 10 in our technical rating. RGSE 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 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
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.
We can see 2 important resistance 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. |
0.44
-0.04 (-8.33%)
Real Goods Solar Inc. / RGSE FAQ
What is the ChartMill technical rating of Real Goods Solar Inc. (RGSE) stock?
ChartMill assigns a technical rating of 0 / 10 to RGSE.
What is the trend direction for RGSE stock?
The current trend direction for Real Goods Solar Inc. (RGSE) is Bearish.
Can you provide the RSI signal for Real Goods Solar Inc.?
Real Goods Solar Inc. (RGSE) has an RSI value of 37.3968. This indicates that the stock is currently neutral.
Can you provide the MACD signal for Real Goods Solar Inc.?
The MACD indicator for Real Goods Solar Inc. (RGSE) has a value of -0.00567555, indicating a bearish trend.
What is the short term momentum for Real Goods Solar Inc. (RGSE) stock?
The short term momentum for Real Goods Solar Inc. (RGSE) is negative.