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TMCNet:  Uptrend Call Working As RGC Resources Stock Rises 37.0% (RGCO)

[January 10, 2013]

Uptrend Call Working As RGC Resources Stock Rises 37.0% (RGCO)

Jan 10, 2013 (SmarTrend(R) Spotlight via COMTEX) -- SmarTrend identified an Uptrend for RGC Resources (NASDAQ:RGCO) on May 1st, 2009 at $13.58. In approximately 45 months, RGC Resources has returned 36.97% as of today's recent price of $18.60.


Over the past year, RGC Resources has traded in a range of $15.01 to $19.72 and is now at $18.60, 24% above that low. Over the past week, the 200-day moving average (MA) has remained constant while the 50-day MA has advanced 0.2%.

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.

Write to Chip Brian at cbrian@mysmartrend.com --------------------------------------------------------------------------------------------- SmarTrend analyzes over 5,000 securities simultaneously throughout the trading day and provides its subscribers with trend change alerts in real time. To get a free trial of our trading calls and maximize your trading results, please visit http://www.MySmarTrend.com Get exclusive, actionable insight into how the market is expected to trend prior to market open with our free morning newsletter. Sign up at: http://www.MySmarTrend.com/signup

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