Rgc Resources Stock Pattern Recognition Long Legged Doji

RGCO Stock  USD 21.24  0.13  0.61%   
RGC Resources pattern recognition tool provides the execution environment for running the Long Legged Doji recognition and other technical functions against RGC Resources. RGC Resources value trend is the prevailing direction of the price over some defined period of time. The concept of trend is an important idea in technical analysis, including the analysis of pattern recognition indicators. As with most other technical indicators, the Long Legged Doji recognition function is designed to identify and follow existing trends. RGC Resources momentum indicators are usually used to generate trading rules based on assumptions that RGC Resources trends in prices tend to continue for long periods.

Recognition
The output start index for this execution was ten with a total number of output elements of fifty-one. The function generated a total of twelve valid pattern recognition events for the selected time horizon. The Long Legged Doji pattern shows RGC Resources trend that describe the indecision of the buyers and sellers.

RGC Resources Technical Analysis Modules

Most technical analysis of RGC Resources help investors determine whether a current trend will continue and, if not, when it will shift. We provide a combination of tools to recognize potential entry and exit points for RGC from various momentum indicators to cycle indicators. When you analyze RGC charts, please remember that the event formation may indicate an entry point for a short seller, and look at other indicators across different periods to confirm that a breakdown or reversion is likely to occur.

About RGC Resources Predictive Technical Analysis

Predictive technical analysis modules help investors to analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of RGC Resources. We use our internally-developed statistical techniques to arrive at the intrinsic value of RGC Resources based on widely used predictive technical indicators. In general, we focus on analyzing RGC Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build RGC Resources's daily price indicators and compare them against related drivers, such as pattern recognition and various other types of predictive indicators. Using this methodology combined with a more conventional technical analysis and fundamental analysis, we attempt to find the most accurate representation of RGC Resources's intrinsic value. In addition to deriving basic predictive indicators for RGC Resources, we also check how macroeconomic factors affect RGC Resources price patterns. Please read more on our technical analysis page or use our predictive modules below to complement your research.
 2021 2022 2023 2024 (projected)
Dividend Yield0.03650.04550.05230.0563
Price To Sales Ratio2.281.761.590.98
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of RGC Resources' price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Hype
Prediction
LowEstimatedHigh
18.4421.3724.30
Details
Intrinsic
Valuation
LowRealHigh
14.9917.9223.51
Details
Naive
Forecast
LowNextHigh
16.5119.4422.37
Details
1 Analysts
Consensus
LowTargetHigh
23.6626.0028.86
Details

Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards RGC Resources in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, RGC Resources' short interest history, or implied volatility extrapolated from RGC Resources options trading.

Trending Themes

If you are a self-driven investor, you will appreciate our idea-generating investing themes. Our themes help you align your investments inspirations with your core values and are essential building blocks of your portfolios. A typical investing theme is an unweighted collection of up to 20 funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of equities with common characteristics such as industry and growth potential, volatility, or market segment.
Entertainment Idea
Entertainment
Invested over 90 shares
Macroaxis Index Idea
Macroaxis Index
Invested few shares
Momentum Idea
Momentum
Invested over 60 shares
Impulse Idea
Impulse
Invested over 100 shares
Banking Idea
Banking
Invested over 20 shares
Hedge Favorites Idea
Hedge Favorites
Invested over 40 shares
Blockchain Idea
Blockchain
Invested few shares
Manufacturing Idea
Manufacturing
Invested over 30 shares
Warren Buffett Holdings Idea
Warren Buffett Holdings
Invested few shares
Investor Favorites Idea
Investor Favorites
Invested over 60 shares
When determining whether RGC Resources offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of RGC Resources' financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Rgc Resources Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Rgc Resources Stock:
Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in RGC Resources. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in main economic indicators.
To learn how to invest in RGC Stock, please use our How to Invest in RGC Resources guide.
You can also try the Bollinger Bands module to use Bollinger Bands indicator to analyze target price for a given investing horizon.
Is Gas Utilities space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of RGC Resources. If investors know RGC will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about RGC Resources listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.90)
Earnings Share
1.16
Revenue Per Share
8.337
Quarterly Revenue Growth
0.051
Return On Assets
0.0342
The market value of RGC Resources is measured differently than its book value, which is the value of RGC that is recorded on the company's balance sheet. Investors also form their own opinion of RGC Resources' value that differs from its market value or its book value, called intrinsic value, which is RGC Resources' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because RGC Resources' market value can be influenced by many factors that don't directly affect RGC Resources' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between RGC Resources' value and its price as these two are different measures arrived at by different means. Investors typically determine if RGC Resources is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, RGC Resources' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.