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(RGCO) Rgc Resources complete technical analysis [charts+indicators] | Buy/Sell Rgc Resources | (RGCO) share price targets

Complete technical analysis of Rgc Resources (RGCO) by charts plus indicators, forecast predictions and share price targets for Rgc Resources (RGCO)

Rgc Resources trades in USA in Public Utilities sector.

Showing technical analysis as on 2024-01-09 View latest technical analysis

10 day averaged volume of Rgc Resources is 29820

Date	Daily Closing Price	Open	High	Low	Volume
09 Tue Jan 2024	19.23	19.21	19.53	18.97	0.563 times
08 Mon Jan 2024	19.29	19.04	19.41	18.88	0.895 times
05 Fri Jan 2024	19.02	18.97	19.35	18.61	0.771 times
04 Thu Jan 2024	19.05	19.22	19.60	18.94	1.194 times
03 Wed Jan 2024	19.39	20.19	20.67	19.33	4.027 times
02 Tue Jan 2024	20.19	20.15	20.71	20.04	0.825 times
29 Fri Dec 2023	20.34	20.59	20.59	20.32	0.409 times
29 Fri Dec 2023	20.34	20.59	20.59	20.32	0.409 times
28 Thu Dec 2023	20.70	20.73	21.08	20.55	0.728 times
27 Wed Dec 2023	21.15	21.45	21.45	21.00	0.396 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 19.7, but if it comes above 19.7, then a intra day buy could be more profitable.
If you take a sell trade below 19.7, then use 19.7 as stoploss and 18.6 as target. However if you take a buy trade in stock , then use 19.7 as stoploss and 20.6 as target.

Share price targets for Rgc Resources (RGCO)

Target Type	Value
Downside Target	15.36
Downside Target	16.51
Downside Target	17.60
Downside Target	18.22
Upside Target	19.53
Upside Target	20.32
Upside Target	20.59
Upside Target	20.71
Upside Target	20.93
Upside Target	21.48
Upside Target	21.86
Upside Target	21.89

Intraday share price targets for Rgc Resources (RGCO)

Target Type	Value
Downside Intraday Target	18.9
Downside Intraday Target	18.56
Upside Intraday Target	19.55
Upside Intraday Target	19.86
Downside Intraday Target	19.21

Weekly technical analysis of Rgc Resources (RGCO)

Date	Weekly Closing Price	Open	High	Low	Volume
09 Tue Jan 2024	19.23	19.04	19.53	18.88	0.214 times
05 Fri Jan 2024	19.02	20.15	20.71	18.61	16.664 times
29 Fri Dec 2023	20.34	20.59	20.59	20.32	0.218 times
29 Fri Dec 2023	20.34	21.48	21.48	20.32	0.484 times
22 Fri Dec 2023	21.39	21.53	21.86	20.93	0.71 times

Price has moved up this week, but volume has not increased substantially. This means that the move can be temporary and might not continue in coming weeks.

Monthly technical analysis of Rgc Resources (RGCO)

Date	Monthly Closing Price	Open	High	Low	Volume
09 Tue Jan 2024	19.23	20.15	20.71	18.61	0.517 times
29 Fri Dec 2023	20.34	17.75	21.89	17.72	0.996 times
30 Thu Nov 2023	17.55	15.85	18.22	15.50	0.94 times
31 Tue Oct 2023	15.64	17.18	17.60	15.36	0.811 times

Scroll below to view daily charts

Price has moved down this month, but volume has not increased substantially. This means that the move can be temporary and might not continue in coming months.

Indicators analysis of Rgc Resources (RGCO)

Price action analysis of Rgc Resources ( (RGCO) ) based on a short term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.

Price action analysis of Rgc Resources ( (RGCO) ) based on a short to mid term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.

Price action analysis of Rgc Resources ( (RGCO) ) based on a mid to longer term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.

ADX buy sell signal for Rgc Resources stock for short term is SELL. Signal strength is Strong and stock is losing momentum.

MACD generated a SELL signal for Rgc Resources in short term but the sell signal is initial and weak.

Rgc Resources Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are weakening, and bulls are picking up momentum!

Ichimoku cloud is of green color and prices are in or below the green cloud Prices appear to be coming down

CCI has generated a buy signal for Rgc Resources in short term but BUY signal is weak.

RSI is generating a BUY signal in short term and the buying is gaining momentum.

MRSI is in negative zone. This is the SELL zone

Although the stock is in the SELL zone, but selling might be slowing down

Stock of Rgc Resources is picking up selling momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 19.61 and Rgc Resources (RGCO) stock is trading below this level. This means that stock is falling with high volumes. VWAP is falling down

People seem to be coming out and selling the Rgc Resources (RGCO) stock. Volume based technical analysis of Rgc Resources (RGCO) stock is negative.

Rgc Resources Stock has given negative returns over a short term period. Returns for a longer term period have been positive

Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.