ROYAL BANK OF CANADA (RY.CA)

CA7800871021 - Common Stock

168.02  -0.36 (-0.21%)

Technical Rating and Analysis

10

Taking everything into account, RY scores 10 out of 10 in our technical rating. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, RY is showing a nice and steady performance.

The long and short term trends are both positive. This is looking good!
When comparing the yearly performance of all stocks, we notice that RY is one of the better performing stocks in the market, outperforming 87% of all stocks. On top of that, RY also shows a nice and consistent pattern of rising prices.
RY is one of the better performing stocks in the Banks industry, it outperforms 72% of 38 stocks in the same industry.
A new 52 week high is currently being made by RY, which is a very good signal! However, this is in line with the S&P500, which is also trading near new highs.
In the last month RY has a been trading in the 152.07 - 168.81 range, which is quite wide. It is currently trading near the high of this range.
RY has an average volume of 4642670 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
Considerably lower volume is observed in the last couple of days.
Weekly and Daily overview Charts
RY Weekly chart
RY Daily chart
Setup Rating and Analysis

5

Although RY has an excellent technical rating, the quality of the presented setup is not ideal at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.

Support and Resistance Analysis

130.40

170.07

We found 6 important support areas.

  • A support zone ranging from 153.89 to 155.04. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • A support zone ranging from 147.73 to 148.95. This zone is formed by a combination of multiple trend lines in multiple time frames.
  • Support @144.06 from a trend line in the daily time frame.
  • Support @139.83 from a trend line in the weekly time frame.
  • Strong support @134.23 from a horizontal line in the daily time frame.
  • Support @131.72 from a horizontal line in the daily time frame.

We found 1 important resistance area.

  • A resistance zone ranging from 168.03 to 168.39. This zone is formed by a combination of multiple trend lines in multiple time frames.
Statistics, Performance, Trends, Indicators, Chart- and CandleStick Patterns
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS87.41
Mansfield0.95
10 Day High168.81
10 Day Low160.53
20 Day High168.81
20 Day Low152.07
52 Week High168.81
52 Week Low107.92
Performance
1 Week2.4%
2 Weeks4.52%
1 Month10.51%
3 Month17.6%
6 Month24.8%
12 Month35.37%
2 Year35.1%
3 Year33.32%
5 Year56.34%
10 Year109.89%
15 Year191.96%
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)0.57
RSI(14)79.9
LBB155.92
UBB171.28
RY Daily chart

ROYAL BANK OF CANADA

TSX:RY (9/13/2024, 7:00:00 PM)

168.02

-0.36 (-0.21%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryBanks
Performance
% Chg-0.21%
1 Week2.4%
2 Weeks4.52%
1 Month10.51%
3 Month17.6%
6 Month24.8%
12 Month35.37%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)2.24
ATR(20)%1.19%
ATR Inc
Range Today1.11
ADR(20)
ADR(20)%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS
Mansfield
10 Day High168.81
10 Day Low160.53
20 Day High168.81
20 Day Low152.07
52 Week High168.81
52 Week Low107.92
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume1.71M
Volume Incr-22.11%
Vol(5)2.32M
Vol(50)4.64M