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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 2024-02-13 View latest technical analysis

10 day averaged volume of Rgc Resources is 14660

Date	Daily Closing Price	Open	High	Low	Volume
13 Tue Feb 2024	18.37	19.47	19.49	18.32	2.503 times
12 Mon Feb 2024	19.88	19.18	19.96	19.18	0.744 times
09 Fri Feb 2024	19.35	18.68	19.49	18.56	0.614 times
08 Thu Feb 2024	18.74	18.35	18.80	18.35	0.744 times
07 Wed Feb 2024	18.15	18.18	18.50	18.02	1.862 times
06 Tue Feb 2024	18.27	18.09	18.67	17.90	0.716 times
05 Mon Feb 2024	18.08	18.68	18.70	18.08	1.576 times
02 Fri Feb 2024	18.91	19.17	19.65	18.87	1.166 times
01 Thu Feb 2024	19.18	19.27	19.43	19.09	0.532 times
31 Wed Jan 2024	19.11	19.47	19.80	19.04	1.467 times

Stock of Rgc Resources (RGCO) has showed a significant fall. This could be a good time to exit from this stock.

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 18.5, but if it comes above 18.5, then a intra day buy could be more profitable.
If you take a sell trade below 18.5, then use 18.5 as stoploss and 18 as target. However if you take a buy trade in stock , then use 18.5 as stoploss and 18.97 as target.

Share price targets for Rgc Resources (RGCO)

Target Type	Value
Downside Target	15.36
Downside Target	17.60
Upside Target	18.92
Upside Target	19.49
Upside Target	19.50
Upside Target	19.80
Upside Target	19.95
Upside Target	19.96
Upside Target	20.71
Upside Target	21.89

Intraday share price targets for Rgc Resources (RGCO)

Target Type	Value
Downside Intraday Target	17.81
Downside Intraday Target	17.24
Upside Intraday Target	19.45
Upside Intraday Target	20.52
Upside Intraday Target	18.88

Weekly technical analysis of Rgc Resources (RGCO)

Date	Weekly Closing Price	Open	High	Low	Volume
13 Tue Feb 2024	18.37	19.18	19.96	18.32	0.589 times
09 Fri Feb 2024	19.35	18.68	19.49	17.90	1.358 times
02 Fri Feb 2024	18.91	19.02	19.80	18.87	0.947 times
26 Fri Jan 2024	19.15	19.13	19.95	18.92	1.606 times
19 Fri Jan 2024	19.01	19.12	19.50	18.53	1.492 times

Price has moved down 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
13 Tue Feb 2024	18.37	19.27	19.96	17.90	0.325 times
31 Wed Jan 2024	19.11	20.15	20.71	18.53	0.987 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

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 positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.

Price action analysis of Rgc Resources ( (RGCO) ) based on a short term time period is positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.

Price action analysis of Rgc Resources ( (RGCO) ) based on a short to mid term time period is negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in 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 BUY. Signal strength is Weak and stock is losing momentum.

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

Rgc Resources Stock in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. Bulls are getting tired and bears are picking up momentum.

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

CCI has generated a SELL signal for Rgc Resources in short term and SELL signal is strong!

RSI is generating a SELL signal in short term and selling is picking up momentum.

MRSI is in positive zone. This is a BUY zone

Although the stock is in the BUY zone, but buying 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 18.64 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 negative.

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