GOLD ROYALTY CORP (GROY) Technical Analysis
NYSEARCA:GROY • CA38071H1064
Current stock price
GROY Technical Rating and Analysis
We assign a technical rating of 3 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 3.29 - 3.93 range, which is quite wide. It is currently trading near the lows of this range.
- When comparing the yearly performance of all stocks, we notice that GROY is one of the better performing stocks in the market, outperforming 91% of all stocks.
- GROY is one of the better performing stocks in the Metals & Mining industry, it outperforms 70% of 163 stocks in the same industry.
- GROY has an average volume of 2564240 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 currently trading near new highs, so GROY is lagging the market.
GROY Weekly and Daily overview Charts
GROY Setup Rating and Analysis
The technical rating of GROY 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.
More info and screens
GROY Support and Resistance Analysis
3.11
2 important support areas can be observed.
- Support @3.37 from a trend line in the weekly time frame.
- A support zone ranging from 3.14 to 3.20. This zone is formed by a combination of multiple trend lines in multiple time frames.
2 important resistance areas can be observed.
- A resistance zone ranging from 3.56 to 3.59. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A resistance zone ranging from 3.78 to 3.87. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
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 | 91.27 | POSITIVE | GROY has a high relative strength, it outperformed 91.27% 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) | 41.99 | NEUTRAL | The RSI value for GROY is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.01 | NEGATIVE | The MACD value suggests GROY has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 19.27 | OVERSOLD | The low Stochastics value suggests GROY may be oversold. |
| Average True Range in percent/ATR (20) | 4.72 | MEDIUM VOLATILITY | The ATR as a percentage value for GROY suggests some volalility. |
| Average Directional Index/ADX (14) | 13.97 | NEGATIVE | The low ADX value for GROY suggests a weak or negative trend. |
GROY Chart- and CandleStick Pattern Analysis
GROY Technicals: Chart, Performance Metrics, Trend & Indicators
3.44
+0.01 (+0.29%)
GOLD ROYALTY CORP / GROY TA FAQ
What is the ChartMill technical rating of GOLD ROYALTY CORP (GROY) stock?
ChartMill assigns a technical rating of 3 / 10 to GROY.
Can you provide the trend direction for GOLD ROYALTY CORP?
The current trend direction for GOLD ROYALTY CORP (GROY) is Bearish.
Can you provide the RSI signal for GOLD ROYALTY CORP?
GOLD ROYALTY CORP (GROY) has an RSI value of 41.9905. This indicates that the stock is currently neutral.
What is the MACD signal for GROY stock?
The MACD indicator for GOLD ROYALTY CORP (GROY) has a value of -0.00783928, indicating a bearish trend.