GOLD ROYALTY CORP (GROY) Technical Analysis
NYSEARCA:GROY • CA38071H1064
Current stock price
GROY Technical Rating and Analysis
We assign a technical rating of 4 out of 10 to GROY. Although GROY is scoring some points because its good overall performance in the market in the past year, recent evolutions are not that positive. Both the medium and short term picture give negative signs.
- In the last month GROY has a been trading in the 3.05 - 4.72 range, which is quite wide. It is currently trading near the lows of this range.
- Prices have been falling strongly lately, it is better to avoid new long positions here.
- Looking at the yearly performance, GROY did better than 94% of all other stocks. We also observe that the gains produced by GROY over the past year are nicely spread over this period.
- GROY is one of the better performing stocks in the Metals & Mining industry, it outperforms 77% of 159 stocks in the same industry.
- GROY has an average volume of 3628900 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- The long term trend is neutral, but the short term trend is negative. Better to stay away from this!
- GROY is currently trading in the middle of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so GROY is lagging the market slightly.
GROY Weekly and Daily overview Charts
GROY Setup Rating and Analysis
GROY has an average technical rating and it also does not offer a high quality setup at the moment. Prices have been extended to the downside lately. For a nice entry it is better to wait for a consolidation.
More info and screens
GROY Support and Resistance Analysis
3.12
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 4.41 to 4.42. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
GROY Technical Indicator Signal Analysis
The Technical Rating and Setup analysis above combine different indicators and trends in different timeframes. Individual signals from indicators may give more contradictive signals and should always be interpreted in the more global context.
| Indicator | Value | Signal | Comment |
|---|---|---|---|
| ChartMill Long Term Trend Indicator | NEUTRAL | NEUTRAL | The long term trend for GROY is neutral. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for GROY is down. |
| ChartMill Relative Strength | 94.07 | POSITIVE | GROY has a high relative strength, it outperformed 94.07% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of GROY is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of GROY is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | MIXED | The current price of GROY is below the rising SMA(200). |
| Relative Strength Index/RSI (14) | 22.3 | OVERSOLD | The low RSI value suggests GROY may be oversold. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.12 | NEGATIVE | The MACD value suggests GROY has a negative trend. |
| Stochastics (14,3) | 6.56 | OVERSOLD | The low Stochastics value suggests GROY may be oversold. |
| Average True Range in percent/ATR (20) | 8.11 | HIGH VOLATILITY | The high ATR as a percentage value for GROY suggests high volalility. |
| Average Directional Index/ADX (14) | 28.15 | POSITIVE | The high ADX value value for GROY suggests a strong trend. |
GROY Chart- and CandleStick Pattern Analysis
GROY Technicals: Chart, Performance Metrics, Trend & Indicators
3.15
-0.1 (-3.08%)
GOLD ROYALTY CORP / GROY TA FAQ
What is the ChartMill technical rating of GOLD ROYALTY CORP (GROY) stock?
ChartMill assigns a technical rating of 4 / 10 to GROY.
Can you provide the trend direction for GOLD ROYALTY CORP?
The current trend direction for GOLD ROYALTY CORP (GROY) is Bearish.
What is the RSI signal for GOLD ROYALTY CORP (GROY) stock?
GOLD ROYALTY CORP (GROY) has an RSI value of 22.3016. This indicates that the stock is currently oversold.
What is the MACD signal for GROY stock?
The MACD indicator for GOLD ROYALTY CORP (GROY) has a value of -0.121604, indicating a bearish trend.
What is the short term momentum for GROY stock?
The short term momentum for GOLD ROYALTY CORP (GROY) is negative.