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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 2024-05-28 View latest technical analysis

10 day averaged volume of Rgc Resources is 10986

Date	Daily Closing Price	Open	High	Low	Volume
28 Tue May 2024	20.57	20.19	20.66	20.19	0.564 times
23 Thu May 2024	19.88	20.22	20.22	19.51	1.848 times
22 Wed May 2024	20.30	20.65	20.65	20.11	0.874 times
21 Tue May 2024	20.58	20.48	20.61	20.48	0.874 times
20 Mon May 2024	20.60	20.50	20.67	20.49	0.421 times
17 Fri May 2024	20.64	20.85	20.89	19.88	1.403 times
16 Thu May 2024	20.75	20.85	21.10	20.52	0.846 times
15 Wed May 2024	20.75	20.91	21.16	20.62	1.869 times
14 Tue May 2024	20.75	20.72	20.79	20.20	0.792 times
13 Mon May 2024	20.45	20.72	20.83	20.40	0.592 times

My analysis of stock is bearish for shortterm, but stock is semi over sold and there are some chances of seeing a recovery tomorrow. Use 20.4 as stoploss in an intra day buy trade for a target of 20.77. However, stock will show a bearish move below 20.4.

Share price targets for Rgc Resources (RGCO)

Target Type	Value
Downside Target	17.90
Downside Target	18.38
Downside Target	19.51
Upside Target	20.67
Upside Target	20.71
Upside Target	21.16
Upside Target	21.40
Upside Target	21.48
Upside Target	21.60
Upside Target	21.62

Intraday share price targets for Rgc Resources (RGCO)

Target Type	Value
Downside Intraday Target	20.29
Downside Intraday Target	20
Upside Intraday Target	20.76
Upside Intraday Target	20.94
Downside Intraday Target	20.47

Weekly technical analysis of Rgc Resources (RGCO)

Date	Weekly Closing Price	Open	High	Low	Volume
28 Tue May 2024	20.57	20.19	20.66	20.19	0.141 times
23 Thu May 2024	19.88	20.50	20.67	19.51	0.73 times
17 Fri May 2024	20.64	20.72	21.16	19.88	1.906 times
10 Fri May 2024	20.77	21.38	21.60	20.42	0.651 times
03 Fri May 2024	21.38	20.52	21.40	20.52	0.91 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
28 Tue May 2024	20.57	20.85	21.60	19.51	0.597 times
30 Tue Apr 2024	20.62	20.06	21.62	18.62	0.898 times
28 Thu Mar 2024	20.24	19.05	21.48	18.38	1.101 times
29 Thu Feb 2024	18.76	19.27	19.96	17.90	0.634 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 term time period is positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.

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 negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this 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.

MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.

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. Bears are weakening, and bulls are picking up momentum!

Ichimoku cloud is of green color and prices are above the green cloud Prices appear to be moving up

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 20.49 and Rgc Resources (RGCO) stock is trading above this level. This is a good sign for the stock and it could move higher. 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.