ROYAL GOLD INC (RGLD) Stock Technical Analysis
NASDAQ:RGLD - Nasdaq - US7802871084 - Common Stock - Currency: USD
Overall RGLD gets a technical rating of 10 out of 10. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, RGLD is showing a nice and steady performance.
The long and short term trends are both positive. This is looking good!
Looking at the yearly performance, RGLD did better than 95% of all other stocks.
RGLD is one of the better performing stocks in the Metals & Mining industry, it outperforms 77% of 152 stocks in the same industry.
RGLD is currently trading in the upper part of its 52 week range. The market is still in the middle of its 52 week range, so RGLD slightly outperforms the market at the moment.
RGLD is currently showing a bull flag pattern! A bull flag pattern occurs when prices pull back slightly after a strong rise up. This may be a nice opportunity for an entry.
RGLD has an excellent technical rating and also presents a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. A pullback is taking place, which may present a nice opportunity for an entry. There is very little resistance above the current price. There is a support zone below the current price at 183.59, a Stop Loss order could be placed below this zone.
More info and screens
120.73
185.44
8 important support areas can be observed.
- A support zone ranging from 180.56 to 183.59. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @157.37 from a trend line in the daily time frame.
- Support @154.27 from a horizontal line in the daily time frame.
- Support @145.88 from a trend line in the weekly time frame.
- Support @137.84 from a trend line in the weekly time frame.
- Support @134.04 from a horizontal line in the daily time frame.
- Support @127.93 from a horizontal line in the daily time frame.
- Support @121.95 from a horizontal line in the weekly time frame.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS95.55
Mansfield3.32
10 Day High191.78
10 Day Low165.6
20 Day High191.78
20 Day Low151.1
52 Week High191.78
52 Week Low118.61
Performance
1 Week-1.53%
2 Weeks11.58%
1 Month15.23%
3 Month31.67%
6 Month22.12%
12 Month47.38%
2 Year38.63%
3 Year40.71%
5 Year49.84%
10 Year184.52%
15 Year258.73%
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
Technical Indicators
MACD(12,26,9)0.72
RSI(14)68.26
LBB152.09
UBB198.3
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 191.79 | 180.55 | 11.24 (5.86%) | 17.07% |
| An entry @191.79. This is a Buy Stop order right above the 10 day high. | An exit @180.55. This is a Stop Loss order right below the support zone. | The trade has a worst case loss of 11.24 points, which is 5.86%. | For a 1.00% total portfolio risk, you can invest 17.07% of your capital in this trade. |
- The distance between exit and entry is rather small compared to the average daily movement of RGLD. Please evaluate whether better entry and exit points can be found.
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
183.6
+3.03 (+1.68%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorMaterials
GICS IndustryMetals & Mining
Performance
% Chg1.68%
1 Week-1.53%
2 Weeks11.58%
1 Month15.23%
3 Month31.67%
6 Month22.12%
12 Month47.38%
2 Year38.63%
3 Year40.71%
5 Year49.84%
10 Year184.52%
15 Year258.73%
Volatility
ATR(14)8.06
ATR(20)%3.92%
ATR Inc-31.81%
Range Today2.67
ADR(20)6.51
ADR(20)%3.55%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS95.55
Mansfield3.32
10 Day High191.78
10 Day Low165.6
20 Day High191.78
20 Day Low151.1
52 Week High191.78
52 Week Low118.61
CS1 End183.59
CR1 StartN/A
Volume & EV
DER(3)-1.58%
DER(5)-0.68%
Volume366.00K
Volume Incr-18.58%
Vol(5)616.24K
Vol(50)603.53K