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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 2024-07-17 View latest technical analysis

10 day averaged volume of Rgc Resources is 21840

Date	Daily Closing Price	Open	High	Low	Volume
17 Wed Jul 2024	22.04	22.21	22.55	22.00	1.388 times
16 Tue Jul 2024	22.77	22.30	22.95	21.77	1.575 times
15 Mon Jul 2024	22.00	21.54	22.75	21.00	1.625 times
12 Fri Jul 2024	21.38	21.29	21.71	21.29	0.911 times
11 Thu Jul 2024	21.17	20.14	21.40	20.14	1.813 times
10 Wed Jul 2024	19.87	19.59	19.87	19.42	0.517 times
09 Tue Jul 2024	19.42	19.51	19.70	19.25	0.614 times
08 Mon Jul 2024	19.50	19.57	19.74	19.43	0.563 times
05 Fri Jul 2024	19.33	19.54	19.66	19.31	1.071 times
03 Wed Jul 2024	19.55	19.48	19.75	19.35	0.655 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 21.3, but if it comes below 21.3, then a intra day sell could be more profitable.
If you take a sell trade below 21.3, then use 21.3 as stoploss and 20.34 as target. However if you take a buy trade in stock , then use 21.3 as stoploss and 22.5 as target.

Share price targets for Rgc Resources (RGCO)

Target Type	Value
Downside Target	18.38
Downside Target	19.25
Downside Target	20.41
Downside Target	20.85
Downside Target	21.00
Downside Target	21.40
Downside Target	21.48
Downside Target	21.60
Downside Target	21.62
Downside Target	21.71
Upside Target	22.95

Intraday share price targets for Rgc Resources (RGCO)

Target Type	Value
Downside Intraday Target	21.04
Downside Intraday Target	20.05
Upside Intraday Target	22.99
Upside Intraday Target	23.95
Downside Intraday Target	22

Weekly technical analysis of Rgc Resources (RGCO)

Date	Weekly Closing Price	Open	High	Low	Volume
17 Wed Jul 2024	22.04	21.54	22.95	21.00	1.038 times
12 Fri Jul 2024	21.38	19.57	21.71	19.25	2.56 times
05 Fri Jul 2024	19.33	19.48	19.75	19.31	0.917 times
03 Wed Jul 2024	19.55	20.41	20.41	19.25	0.252 times
28 Fri Jun 2024	20.45	19.59	20.85	19.59	4.258 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
17 Wed Jul 2024	22.04	20.41	22.95	19.25	0.962 times
28 Fri Jun 2024	20.45	20.75	21.40	19.59	1.426 times
31 Fri May 2024	20.70	20.85	21.60	19.51	0.68 times
30 Tue Apr 2024	20.62	20.06	21.62	18.62	0.898 times

Scroll below to view daily charts

Price has moved up 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 to mid 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 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 Strong and stock is gaining momentum.

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

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

Rgc Resources Stock is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting tired and bears are picking up momentum.

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

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

RSI is generating a BUY signal in short term but buying is losing 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 21.13 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 rising upwards.

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 is giving positive 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.