ROYAL BANK OF CANADA (RY)
CA7800871021 - Common Stock
Overall RY gets a technical rating of 9 out of 10. Both in the recent history as in the last year, RY has proven to be a steady performer, scoring decent points in every aspect analyzed.
The long term trend is positive and the short term trend is neutral. The long term trend gets the benefit of the doubt for now.
When comparing the yearly performance of all stocks, we notice that RY is one of the better performing stocks in the market, outperforming 81% of all stocks. On top of that, RY also shows a nice and consistent pattern of rising prices.
RY is currently trading near its 52 week high, which is a good sign. The S&P500 Index however is also trading near new highs, which makes the performance in line with the market.
RY has an average volume of 1149480 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
RY is part of the Banks industry. There are 404 other stocks in this industry, RY did better than 55% of them.
In the last month RY has a been trading in a tight range between 120.25 and 125.13.
RY has an excellent technical rating, but the quality of the setup is only medium 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.
More info and screens
101.82
127.73
3 important support areas can be observed.
- A support zone ranging from 120.09 to 123.96. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @115.02 from a trend line in the daily time frame.
- Support @102.85 from a horizontal line in the daily time frame.
We found 1 important resistance area.
- A resistance zone ranging from 126.05 to 126.47. This zone is formed by a combination of multiple trend lines in multiple time frames.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS81.7
Mansfield0.37
10 Day High125.13
10 Day Low120.26
20 Day High125.13
20 Day Low120.26
52 Week High126.96
52 Week Low85.02
Performance
1 Week2.21%
2 Weeks0.43%
1 Month1.26%
3 Month8.28%
6 Month18.79%
12 Month42.75%
2 Year25.37%
3 Year26.32%
5 Year53.02%
10 Year71%
15 Year130.84%
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)0.01
RSI(14)57.65
LBB121.1
UBB125.11
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 |
|---|---|---|---|
| 126.48 | 120.24 | 6.24 (4.93%) | 20.29% |
| An entry @126.48. This is a Buy Stop order right above the resistance zone. | An exit @120.24. This is a Stop Loss order right below the 10 day low. | The trade has a worst case loss of 6.24 points, which is 4.93%. | When investing 20.29% of your capital in this trade, your total portfolio risk will be 1.00%. |
- 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.
ROYAL BANK OF CANADA
NYSE:RY (11/22/2024, 10:35:59 AM)
124.94
-0.15 (-0.12%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryBanks
Performance
% Chg-0.12%
1 Week2.21%
2 Weeks0.43%
1 Month1.26%
3 Month8.28%
6 Month18.79%
12 Month42.75%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)1.73
ATR(20)%1.39%
ATR Inc
Range Today0.69
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 High125.13
10 Day Low120.26
20 Day High125.13
20 Day Low120.26
52 Week High126.96
52 Week Low85.02
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume99.02K
Volume Incr-11.82%
Vol(5)1.36M
Vol(50)1.15M