TSX:RGX - Toronto Stock Exchange - CA75903N1096 - Common Stock - Currency: CAD
We assign a technical rating of 3 out of 10 to RGX. In the past year, RGX was a below average performing stock in the market. The medium term picture is also negative, but we see some improvement happening in recent action.
The technical rating of RGX is bad and it also does not present a quality setup at the moment. Prices have been extended to the upside lately. For a nice entry it is better to wait for a consolidation.
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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 | NEUTRAL | NEUTRAL | The long term trend for RGX.CA is neutral. |
ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for RGX.CA is up. |
ChartMill Relative Strength | 10.6 | NEGATIVE | RGX.CA has a low relative strength, it was outperformed by 89.4% off all stocks on the market. |
Relative Strength Index/RSI (14) | 73.66 | OVERBOUGHT | The high RSI value suggests RGX.CA may be overbought. |
Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | POSITIVE | The MACD value suggests RGX.CA has a positive trend. |
Stochastics (14,3) | 83.81 | OVERBOUGHT | The high Stochastics value suggests RGX.CA may be overbought. |
Average True Range in percent/ATR (20) | 11.79 | HIGH VOLATILITY | The high ATR as a percentage value for RGX.CA suggests high volalility. |
Average Directional Index/ADX (14) | 44.38 | POSITIVE | The high ADX value value for RGX.CA suggests a strong trend. |
TSX:RGX (12/7/2022, 7:00:00 PM)
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