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Uptrend Call Working As RGC Resources Stock Rises 29.2% (RGCO)

By Nick Russo

SmarTrend identified an Uptrend for RGC Resources (NASDAQ:RGCO) on December 20th, 2016 at $16.77. In approximately 3 months, RGC Resources has returned 29.20% as of today's recent price of $21.67.

Over the past year, RGC Resources has traded in a range of $14.00 to $22.51 and is now at $21.67, 55% above that low. The 200-day and 50-day moving averages have moved 0.34% higher and 0.52% higher over the past week, respectively.

RGC Resources, Inc. and its subsidiaries distribute and sell natural gas and propane. The Company serves residential, commercial, and industrial customers in the Roanoke Valley and Bluefield areas of southwestern Virginia, as well as southern West Virginia.

SmarTrend will continue to scan these moving averages and a number of other proprietary indicators for any shifts in the trajectory of RGC Resources shares.

Log in and add RGC Resources (RGCO) to your watchlist today so you can receive a real-time alert when the shares are about to change trend.

Keywords: spotlights rgc resources

Ticker(s): RGCO