RESOURCES CONNECTION INC (RGP) Stock Technical Analysis
NASDAQ:RGP - Nasdaq - US76122Q1058 - Common Stock - Currency: USD
Taking everything into account, RGP scores 0 out of 10 in our technical rating. RGP's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
When comparing the yearly performance of all stocks, RGP is a bad performer in the overall market: 89% of all stocks are doing better.
RGP is part of the Professional Services industry. There are 82 other stocks in this industry, of which 71% are performing better than RGP.
RGP is currently making a new 52 week low. This is a very bad signal. Certainly because the S&P500 Index is trading near new highs.
In the last month RGP has a been trading in the 7.64 - 8.78 range, which is quite wide. It is currently trading near the lows of this range.
Prices have been falling strongly lately, it is better to avoid new long positions here.
The technical rating of RGP is bad and it also does not present a quality setup at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
7.59
10.50
When analyzing the resistance we notice 4 important areas.
- A resistance zone ranging from 8.21 to 8.40. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 8.59 to 8.70. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @8.95 from a horizontal line in the daily time frame.
- Resistance @10.40 from a trend line in the weekly time frame.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS11.07
Mansfield-3.11
10 Day High8.4
10 Day Low7.64
20 Day High8.78
20 Day Low7.64
52 Week High14.29
52 Week Low7.64
Performance
1 Week-7.59%
2 Weeks-8.47%
1 Month-10.61%
3 Month-8.8%
6 Month-24.73%
12 Month-42.11%
2 Year-57.53%
3 Year-53.8%
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)-0.05
RSI(14)34.24
LBB7.68
UBB8.55
7.67
-0.29 (-3.64%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryProfessional Services
Performance
% Chg-3.64%
1 Week-7.59%
2 Weeks-8.47%
1 Month-10.61%
3 Month-8.8%
6 Month-24.73%
12 Month-42.11%
2 Year-57.53%
3 Year-53.8%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.24
ATR(20)%2.99%
ATR Inc22.5%
Range Today0.29
ADR(20)0.22
ADR(20)%2.83%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS11.07
Mansfield-3.11
10 Day High8.4
10 Day Low7.64
20 Day High8.78
20 Day Low7.64
52 Week High14.29
52 Week Low7.64
CS1 EndN/A
CR1 Start8.21
Volume & EV
DER(3)7.94%
DER(5)5.36%
Volume261.80K
Volume Incr-17.92%
Vol(5)232.42K
Vol(50)353.90K