Should I Buy Resources Connection Inc Stock?
Based on our evaluation of the five key dimensions—Technical Signals, Moving Average trends, Short Sell Data, Similar Chart Pattern Matching and Seasonality Analysis—we have identified the following insights. RGP has several negative signals and is within a falling trend, so we believe it will perform weakly in the next couple of days or weeks. We therefore hold a negative evaluation of this stock. Our analysis conclusion for this stock is a Strong Sell candidate.
RGP stock price ended at $5.43 on Friday, after rising 0.74%
The Resources Connection Inc stock price increased by 0.74% on the last trading day (16 May 2025), rising from 5.45 to 5.39. Throughout the last trading session, the stock experienced a fluctuation of 1.68% , ranging from a day low of $5.36 to a day high of 5.45. The price has declined in 7 of the last 10 days, resulting in a total change of -6.26% during this period. On the last day, trading volume increase by -102.00K shares, with the rising prices. This could serve as an early warning, indicating that risk may slightly increase in the coming days. In total, 145.20K shares were traded, amounting to approximately 783.55K.
RGP Technical Signals
RGP(Resources Connection Inc Corp) has 2 buy signals and 5 sell signals now. The current trend is uptrend starting from 2025-05-07. The total price change during this trend is -0.74%. Recently, the price has decreased but the volume has also decreased, indicating a potential rebound signal. The average turnover of RGP over the last 5 trading days is 894.09K. Overall, the technical indicator signals lean more toward a Bearish outlook in the mid-term.
RGP Moving Average Analysis
Resources Connection Inc's overall moving average trend leans more bearish as of Saturday, May 17, 2025, with 4 negative signals and 0 positive signal. In the mid-term, the SMA_20 being below the SMA_60 signals a strong bearish trend. There will be some resistance from the lines at $5.947143149733334, and $6.155333073333334. A break-up above any of these levels will issue buy signals. There will be some support from the lines at $5.273523396933335, and $5.065333473333335. A break-down below any of these levels will issue sell signals.
RGP Short Selling Analysis
The short sale ratio of Resources Connection Inc(RGP) as of 12 May 2025 is 8.15%, dropping from last trading day. With decreasing price from 5.45 to 5.70. The short sell activity indicate that short sellers may be experiencing short cover.
Technical Signal
Technical Signals Summary
Sell
5
Buy
2
Moving Average
Swing
NegativeStock Price Below SMA_5
Short Term
NegativeSMA_5 Below SMA_20
Mid Term
NegativeSMA_20 Below SMA_60
Long Term
NegativeSMA_60 Below SMA_200
Short Selling
Close Price
Short Sale Ratio
Short Sale Volume
2 Bullish Signals
When Value satisfies Signal, Indicator signals Bullish
Indicators
Signal
Value
Meaning
Stochastic Oscillator %K (14, 3, 3)
STOCHk_14_3_3 < 20
15.152
Bullish
Williams %R (14 days)
WILLR_14 < -80
-99.213
Bullish
5 Bearish Signals
When Value satisfies Signal, Indicator signals Bearish
Indicators
Signal
Value
Meaning
Awesome Oscillator (5, 34)
AO_5_34 < 0
-0.0588
Bearish
Momentum (10 days)
MOM_10 < 0
-0.38
Bearish
Moving Average Convergence Divergence (12, 26, 9)
MACD_12_26_9 < 0
-0.13
Bearish
Closing price
close < fibonacci_S1
5.37
Bearish
Moving Average
5-day SMA crosses below 20-day SMA
--
Bearish
RGP Price Prediction & Forecast by Similar Chart Analysis
Based on historical patterns and backtesting of stocks with similar movements to Resources Connection Inc(RGP), our algorithm predicts RGP's 1-month price at $5.07, with an -7.02%downwardshift. Using a similarity score up to 97.23%and other factors, This forecast updates weekly, adjusting for significant deviations.
Similar Chart
The price prediction chart for Resources Connection Inc (RGP.O) stock, as of Sunday, May 11, 2025 , forecasts a -7.02% change over the next month, based on its high correlation with OLPX.O stock patterns. The similarity between their price movements over the analyzed periods is 97.23%. The right panel lists other stocks with similar price patterns. This prediction is updated every week.
RGP
No Data
OLPX
Down: -7.02%Similarity: 97.23%
Name
Similarity
Up/Down
OLPX.O
97.23%
-7.02%
RM.N
96.99%
+11.88%
KFRC.O
96.56%
+16.68%
DY.N
96.53%
-5.10%
PETS.O
96.20%
-1.31%
LW.N
96.11%
+9.28%
JAKK.O
96.08%
+3.77%
TRUE.O
96.02%
-9.92%
MBCN.O
96.01%
+2.22%
VREX.O
95.83%
-17.59%
RGP Seasonality Analysis
Based on RGP's historical stock price data across all years, the probability of a positive return in May is63.64%, suggesting it maybe an ideal month to invest in RGP. In contrast,Novemberoffers the highest probability of positive returns at90.00%, making it a potentially strong month for investment.
However, this is only a prediction based on one method, and a comprehensive assessment of the stock's future trend should consider additional factors. Our final stock price commentary incorporates three main evaluation dimensions: technical signals, Moving Average trends, and similar chart pattern matching, with the first two dimensions carrying the primary weight to ensure a more robust and accurate forecast.
Monthly Seasonality
The radar chart shows that buying Resources Connection Inc (RGP.O) stock in November has the highest probability of a positive return (90.00%), while April has the lowest probability (18.18%).
Performance Seasonality
The chart shows Resources Connection Inc. (RGP)'s annual stock price return for the past three years, helping you analyze price trends and identify recurring trends on an annual basis.
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FAQ
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