ROYAL BANK OF CANADA (RY)

CA7800871021 - Common Stock

120.72  +1 (+0.84%)

After market: 120.72 0 (0%)

Technical Rating and Analysis

2

Taking everything into account, RY scores 2 out of 10 in our technical rating. RY has been an average performer in the overall market, it is still ok in the medium term time frame, but very the very recent evolution is negative.

In the last month RY has a been trading in the 118.73 - 128.05 range, which is quite wide. It is currently trading near the lows of this range.
RY is currently trading in the upper part of its 52 week range. The S&P500 Index is also trading in the upper part of its 52 week range, so RY is performing more or less in line with the market.
RY has an average volume of 1203340 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
The short term trend is negative, but the long term trend is still positive. So although the long term is still positive, this may be a trend turning.
Looking at the yearly performance, RY did better than 71% of all other stocks. However, this overall performance is mostly based on the strong move around 4 months ago.
RY is an average performer in the Banks industry, it outperforms 55% of 407 stocks in the same industry.
Weekly and Daily overview Charts
RY Weekly chart
RY Daily chart
Setup Rating and Analysis

3

The technical rating of RY is bad and it also does not present a quality setup 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

116.29

129.30

2 important support areas can be observed.

  • A support zone ranging from 119.72 to 120.71. This zone is formed by a combination of multiple trend lines in multiple time frames.
  • Support @117.46 from a trend line in the daily time frame.

When analyzing the resistance we notice one important area.

  • A resistance zone ranging from 122.49 to 128.02. This zone is formed by a combination of multiple trend lines and important moving averages 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
CRS71.09
Mansfield0.05
10 Day High126.93
10 Day Low118.73
20 Day High128.05
20 Day Low118.73
52 Week High128.05
52 Week Low93.97
Performance
1 Week-3.04%
2 Weeks-4.23%
1 Month-3.49%
3 Month-0.98%
6 Month16.49%
12 Month19.79%
2 Year28.4%
3 Year13.74%
5 Year52.42%
10 Year74.78%
15 Year125.43%
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)-0.71
RSI(14)37.57
LBB119.46
UBB129.07
RY Daily chart

ROYAL BANK OF CANADA

NYSE:RY (12/20/2024, 8:04:00 PM)

After market: 120.72 0 (0%)

120.72

+1 (+0.84%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryBanks
Performance
% Chg0.84%
1 Week-3.04%
2 Weeks-4.23%
1 Month-3.49%
3 Month-0.98%
6 Month16.49%
12 Month19.79%
2 Year28.4%
3 Year13.74%
5 Year52.42%
10 Year74.78%
15 Year125.43%
Volatility
ATR(14)1.85
ATR(20)%1.43%
ATR Inc29.89%
Range Today2.81
ADR(20)1.7
ADR(20)%1.41%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS71.09
Mansfield0.05
10 Day High126.93
10 Day Low118.73
20 Day High128.05
20 Day Low118.73
52 Week High128.05
52 Week Low93.97
CS1 End120.71
CR1 Start122.49
Volume & EV
DER(3)-2.43%
DER(5)-0.54%
Volume1.01M
Volume Incr44.02%
Vol(5)1.29M
Vol(50)1.20M