Should You Buy RPC Inc (RES) Today? Analysis, Price Targets, and 2026 Outlook.
Analysis Updated At
2026/01/30
Not a good buy right now. RES is in a broader uptrend (bullish moving averages), but momentum is fading (MACD histogram contracting) and near-term pattern stats point to higher downside risk over the next day/week. With the stock trading around/above several recent Wall Street price targets and earnings approaching (Feb 3 pre-market), the risk/reward for an impatient buyer is unfavorable today. Best stance is hold/avoid new buys at this level.
Technical Analysis
Trend is bullish but stretched and losing momentum. Price is above key moving averages with a bullish stack (SMA_5 > SMA_20 > SMA_200), which supports an intermediate uptrend. RSI(6) ~64 is neutral-to-slightly warm (not oversold), so it does not signal a dip-buy setup. MACD histogram is above zero (bullish) but positively contracting, suggesting upside momentum is weakening. Key levels: Pivot 6.435 (important near-term line), Support S1 6.13 then S2 5.941; Resistance R1 6.741 then R2 6.93. With current price ~6.615 sitting below nearby resistance (6.741) and the model pattern indicating a higher probability of short-term pullback (next day/week negative skew), the setup is not attractive for an immediate entry.
Intellectia Proprietary Trading Signals:
- [AI Stock Picker](module://ai_stock_pick): no signal on given stock today.
- [SwingMax](module://swingmax): No signal on given stock recently.
Analyst Ratings and Price Target Trends
Recent trend: price targets have been nudged up (Citi to $6, Susquehanna to $6, Piper to $5), but ratings remain cautious—mostly Neutral with one Underweight, and Freedom Capital downgraded to Hold after Q3 citing valuation. Wall Street pros: signs the industry may be near the bottom of a downcycle and activity has held up better than feared. Cons: valuation/upside is limited around current levels and the company’s recent YoY profitability/margins deteriorated despite strong revenue growth. Influential trading: no recent congress trading data available; hedge funds/insiders show no significant recent directional trend.
Wall Street analysts forecast RES stock price to fall over the next 12 months. According to Wall Street analysts, the average 1-year price target for RES is 5.67 USD with a low forecast of 5 USD and a high forecast of 6 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
Wall Street analysts forecast RES stock price to fall over the next 12 months. According to Wall Street analysts, the average 1-year price target for RES is 5.67 USD with a low forecast of 5 USD and a high forecast of 6 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
Current: 6.700
Current: 6.700
