Technical Analysis for RGCO - RGC Resources Inc.
Grade | Last Price | % Change | Price Change |
---|---|---|---|
B | 20.86 | -2.25% | -0.48 |
RGCO closed down 2.25 percent on Monday, March 18, 2024, on 1.38 times normal volume. It was able to find support at its 50 day moving average. The price action carved out a bullish hammer (or hammer-like) candlestick pattern. That may indicate an upside reversal. Look for price to trade above the high of the hammer for confirmation. Note that the stock is in overbought territory based on its Slow Stochastic indicator (14, 3, 3) -- so don't be surprised if it goes sideways or a pulls back.
ADX | Long Term | Intermediate Term | Short Term |
---|---|---|---|
Weak or Absent | Up | Up | Up |
Date | Alert Name | Type | % Chg |
---|---|---|---|
20 DMA Support | Bullish | 0.00% | |
50 DMA Support | Bullish | 0.00% | |
Hammer Candlestick | Bullish | 0.00% | |
Slingshot Bullish | Bullish Swing Setup | 0.00% | |
Wide Range Bar | Range Expansion | 0.00% | |
Upper Bollinger Band Walk | Strength | 0.00% | |
Multiple of Ten Bullish | Other | 0.00% | |
Outside Day | Range Expansion | 0.00% | |
Overbought Stochastic | Strength | 0.00% | |
Upper Bollinger Band Touch | Strength | 0.00% |
Alert | Time |
---|---|
10 DMA Support | about 18 hours ago |
20 DMA Support | about 18 hours ago |
50 DMA Support | about 18 hours ago |
Rose Above Previous Day's High | about 18 hours ago |
Outside Day | about 18 hours ago |
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- Earnings date: 02/07/2024
RGC Resources, Inc., through its subsidiaries, engages in the distribution of natural gas in Virginia. It is primarily involved in the distribution and sale of natural gas to residential, commercial, and industrial customers in Roanoke, Virginia, and the surrounding localities. The company also provides non-regulated services. In addition, it offers information technology consulting services, as well as utility and regulatory consulting services to other utilities. The company operates approximately 1,053 miles of transmission and distribution pipeline; owns and operates 8 metering stations; and a liquefied natural gas storage facility located in Botetourt County. RGC Resources, Inc. was founded in 1912 and is based in Roanoke, Virginia.
Sector: Utilities
Industry: Utilities - Regulated Gas
Keywords: Natural Gas Liquefied Natural Gas Natural Gas Storage Technology Consulting Services Information Technology Consulting Offers Information Technology
Classification
Sector: Utilities
Industry: Utilities - Regulated Gas
Keywords: Natural Gas Liquefied Natural Gas Natural Gas Storage Technology Consulting Services Information Technology Consulting Offers Information Technology
Indicator | Bull Case | Neutral / Hold | Bear Case |
---|---|---|---|
50 DMA | |||
200 DMA | |||
ADX Trend | |||
Oversold / Overbought | |||
Relative Strength |
Indicator | Value |
---|---|
52 Week High | 23.2173 |
52 Week Low | 15.2459 |
Average Volume | 15,396 |
200-Day Moving Average | 18.61 |
50-Day Moving Average | 19.21 |
20-Day Moving Average | 19.52 |
10-Day Moving Average | 20.24 |
Average True Range | 0.86 |
RSI (14) | 64.54 |
ADX | 18.15 |
+DI | 24.44 |
-DI | 17.83 |
Chandelier Exit (Long, 3 ATRs) | 18.89 |
Chandelier Exit (Short, 3 ATRs) | 20.88 |
Upper Bollinger Bands | 21.22 |
Lower Bollinger Band | 17.82 |
Percent B (%b) | 0.9 |
BandWidth | 17.41 |
MACD Line | 0.48 |
MACD Signal Line | 0.29 |
MACD Histogram | 0.195 |
Pivot Point Level | Traditional / Classic | Fibonacci | Demark | Woodie | Camarilla |
---|---|---|---|---|---|
Resistance 4 (R4) | 24.56 | ||||
Resistance 3 (R3) | 24.35 | 22.91 | 23.94 | ||
Resistance 2 (R2) | 22.91 | 21.97 | 23.02 | 23.74 | |
Resistance 1 (R1) | 21.89 | 21.39 | 21.17 | 22.09 | 23.53 |
Pivot Point | 20.45 | 20.45 | 20.09 | 20.55 | 20.45 |
Support 1 (S1) | 19.42 | 19.51 | 18.70 | 19.63 | 18.19 |
Support 2 (S2) | 17.98 | 18.92 | 18.09 | 17.98 | |
Support 3 (S3) | 16.96 | 17.98 | 17.78 | ||
Support 4 (S4) | 17.16 |