RSI low/high Values: [ 25 - 75 ]
* StockInvest.us uses dynamically calculated RSI max/min levels to determine when stock is oversold or overbought based on historical behavior.
AI Analysis of RGS
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A very strong day for Regis Corporation stock price on Thursday
(Updated on Mar 28, 2024)

Sell candidate since Mar 12, 2024 Loss -14.97% PDF

The Regis Corporation stock price gained 9.01% on the last trading day (Thursday, 28th Mar 2024), rising from $6.88 to $7.50. During the last trading day the stock fluctuated 9.01% from a day low at $6.88 to a day high of $7.50. The price has fallen in 5 of the last 10 days and is down by -3.85% for this period. Volume fell on the last day by -262 shares and in total, 5 thousand shares were bought and sold for approximately $40.49 thousand. You should take into consideration that falling volume on higher prices causes divergence and may be an early warning about possible changes over the next couple of days.

The stock lies in the lower of a very wide and falling trend in the short term, and this may normally pose a very good buying opportunity. If the lower trend floor at $6.83 is broken, it will firstly indicate a stronger fall rate. Given the current short-term trend, the stock is expected to fall -20.43% during the next 3 months and, with a 90% probability hold a price between $5.43 and $9.56 at the end of this 3-month period.

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RGS Signals & Forecast

There are mixed signals in the stock today. The Regis Corporation stock holds a buy signal from the short-term Moving Average; at the same time, however, the long-term average holds a general sell signal. Since the longterm average is above the short-term average there is a general sell signal in the stock giving a more negative forecast for the stock. On further gains, the stock will meet resistance from the long-term Moving Average at $8.89. On a fall, the stock will find some support from the short-term average at $7.46. A break-up through the long-term average will give another buy signal, while a fall below the short-term average will add another sell signal and strengthen the general signal. Furthermore, there is currently a sell signal from the 3 month Moving Average Convergence Divergence (MACD). Volume fell during the last trading day while the price increased. This causes a divergence and may be considered as an early warning, but it may not be. The very low volume increases the risk and reduces the other technical signals issued. A buy signal was issued from a pivot bottom point on Wednesday, March 27, 2024, and so far it has risen 9.01%. Further rise is indicated until a new top pivot has been found.

Support, Risk & Stop-loss for Regis Corporation stock

Regis Corporation finds support from accumulated volume at $7.36 and this level may hold a buying opportunity as an upwards reaction can be expected when the support is being tested.

This stock may move much during the day (volatility) and with periodic low trading volume this stock is considered to be "high risk". During the last day, the stock moved $0.620 between high and low, or 9.01%. For the last week the stock has had daily average volatility of 5.54%.

Our recommended stop-loss: We hold a negative evaluation for this stock. No stop-loss is set.

Trading Expectations (RGS) For The Upcoming Trading Day Of Monday 1st

For the upcoming trading day on Monday, 1st we expect Regis Corporation to open at $7.29, and during the day (based on 14 day Average True Range), to move between $6.88 and $8.12, which gives a possible trading interval of +/-$0.622 (+/-8.29%) up or down from last closing price. If Regis Corporation takes out the full calculated possible swing range there will be an estimated 16.58% move between the lowest and the highest trading price during the day.

Since the stock is closer to the resistance from accumulated volume at $7.60 (1.33%) than the support at $7.36 (1.87%), our systems don't find the trading risk/reward intra-day attractive and any bets should be held until the stock is closer to the support level.

Is Regis Corporation stock A Buy?

Regis Corporation holds several negative signals and we believe that it will still perform weakly in the next couple of days or weeks. We, therefore, hold a negative evaluation of this stock. We have upgraded our analysis conclusion for this stock since the last evaluation from a Strong Sell to a Sell candidate.

Current score: -3.411 Sell Candidate Upgraded

Predicted Opening Price for Regis Corporation of Monday, April 1, 2024

Fair opening price April 1, 2024 Current price
$7.29 ( 2.76%) $7.50

The predicted opening price is based on yesterday's movements between high, low, and closing price.

Trading levels for RGS

Fibonacci Support & Resistance Levels

Level Price
Resistance R3 7.91 5.51 %
R2 7.68 2.35 %
R1 7.53 0.402 %
Current price: 7.50
Support S1 7.06 -5.91 %
S2 6.91 -7.86 %
S3 6.67 -11.02 %

Accumulated Volume Support & Resistance Levels

Level Price
Resistance R3 9.01 20.13 %
R2 8.30 10.67 %
R1 7.60 1.33 %
Current price 7.50
Support S1 7.36 -1.87%
S2 7.10 -5.33%
S3 6.88 -8.27%

RGS Dividend Payout History


# Declaration Date Ex-Date Pay Date Amount Yield
1 Oct 24, 2013 Nov 01, 2013 Nov 19, 2013 $0.0600 0.0192%
2 Aug 21, 2013 Aug 29, 2013 Sep 17, 2013 $0.0600 0.0200%
3 Apr 26, 2013 May 03, 2013 May 21, 2013 $0.0600 0.0161%
4 Feb 01, 2013 Feb 08, 2013 Feb 26, 2013 $0.0600 0.0167%
5 Oct 26, 2012 Nov 06, 2012 Nov 22, 2012 $0.0600 0.0185%

FAQ

What is the symbol for Regis Corporation Stock and on which exchange is it traded?
The symbol for Regis Corporation is RGS and it is traded on the NYSE (New York Stock Exchange).

Should I buy or sell Regis Corporation Stock?
Regis Corporation holds several negative signals and we believe that it will still perform weakly in the next couple of days or weeks. We, therefore, hold a negative evaluation of this stock. We have upgraded our analysis conclusion for this stock since the last evaluation from a Strong Sell to a Sell candidate.

How to buy Regis Corporation Stock?
Regis Corporation Stock can be purchased through just about any brokerage firm, including online brokerage services.
Click here for our free guide on how to buy Regis Corporation Stock.

What's the current price of Regis Corporation Stock?
As of the end of day on the 2024-03-28, the price of an Regis Corporation (RGS) share was $7.50.

What is the 52-week high and low for Regis Corporation Stock?
The 52-week high for Regis Corporation Stock is $15.25 and the 52-week low is $0.314.

What is the market capitalization of Regis Corporation Stock?
As of the 2024-03-28, the market capitalization of Regis Corporation is 17.096M.

When is the next earnings date for Regis Corporation?
The upcoming earnings date for Regis Corporation is May 01, 2024.
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About Regis Corporation

Regis Regis Corporation owns, operates, and franchises hairstyling and hair care salons in the United States, the United Kingdom, Canada, and Puerto Rico. The company operates in two segments, Franchise Salons and Company-owned Salons. Its salons provide haircutting and styling, including shampooing and conditioning; hair coloring; and other services, as well as sells various hair care and other beauty products. The company also offers OpenSalon Pro, a... RGS Profile

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