RESOURCES CONNECTION INC (RGP)

US76122Q1058 - Common Stock

8.4  +0.11 (+1.33%)

After market: 8.71 +0.31 (+3.69%)

Technical Rating and Analysis

1

We assign a technical rating of 1 out of 10 to RGP. RGP scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.

The short term trend is negative, as is the long term trend. There should be more interesting stocks out there.
90% of all other stocks performed better in the past year than RGP.
RGP is one of the lesser performing stocks in the Professional Services industry. 75% of 81 stocks in the same industry do better.
RGP is currently trading near the lower end of its 52 week range, which is not a good sign. Certainly not because the S&P500 Index is trading near new 52 week highs at the moment.
In the last month RGP has a been trading in the 7.90 - 9.04 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Considerably lower volume is observed in the last couple of days.
Weekly and Daily overview Charts
RGP Weekly chart
RGP Daily chart
Setup Rating and Analysis

6

RGP has a bad technical rating, but it does show a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. We notice that large players showed an interest for RGP in the last couple of days, which is a good sign.

  • Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
Support and Resistance Analysis

8.32

11.73

When analyzing the resistance we notice 5 important areas.

  • A resistance zone ranging from 8.74 to 8.96. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • Resistance @9.73 from a trend line in the weekly time frame.
  • Resistance @10.23 from a trend line in the daily time frame.
  • Resistance @11.17 from a trend line in the weekly time frame.
  • Resistance @11.61 from a horizontal line in the daily time frame.
Statistics, Performance, Trends, Indicators, Chart- and CandleStick Patterns
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS10.28
Mansfield-3.52
10 Day High9.04
10 Day Low8.14
20 Day High9.04
20 Day Low7.9
52 Week High14.63
52 Week Low7.9
Performance
1 Week-2.33%
2 Weeks-5.41%
1 Month1.69%
3 Month-17.57%
6 Month-24.73%
12 Month-40.09%
2 Year-56.48%
3 Year-51.11%
5 YearN/A
10 YearN/A
15 YearN/A
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
Technical Indicators
MACD(12,26,9)0
RSI(14)46.02
LBB7.91
UBB9.18
RGP Daily chart

RESOURCES CONNECTION INC

NASDAQ:RGP (11/21/2024, 8:00:01 PM)

After market: 8.71 +0.31 (+3.69%)

8.4

+0.11 (+1.33%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryProfessional Services
Performance
% Chg1.33%
1 Week-2.33%
2 Weeks-5.41%
1 Month1.69%
3 Month-17.57%
6 Month-24.73%
12 Month-40.09%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)0.28
ATR(20)%3.13%
ATR Inc
Range Today0.18
ADR(20)
ADR(20)%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS
Mansfield
10 Day High9.04
10 Day Low8.14
20 Day High9.04
20 Day Low7.9
52 Week High14.63
52 Week Low7.9
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume217.20K
Volume Incr-17.82%
Vol(5)254.66K
Vol(50)404.60K