RBC CANADIAN BANK YIELD INDE (RBNK.CA) Stock Technical Analysis
TSX:RBNK - CA75525D1096 - ETF
33.51 CAD
+0.21 (+0.63%)
Taking everything into account, RBNK scores 10 out of 10 in our technical rating. Both in the recent history as in the last year, RBNK has proven to be a steady performer, scoring decent points in every aspect analyzed.
Warning: RBNK has an average volume of 12747 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
Both the short term and long term trends are positive. This is a very positive sign.
When comparing the yearly performance of all stocks, we notice that RBNK is one of the better performing stocks in the market, outperforming 73% of all stocks. We also observe that the gains produced by RBNK over the past year are nicely spread over this period.
RBNK 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.
In the last month RBNK has a been trading in the 31.00 - 33.88 range, which is quite wide. It is currently trading near the high of this range.
Volume is considerably higher in the last couple of days.
Although RBNK has an excellent technical rating, it does not offer a high quality setup at the moment. Prices have been extended to the upside lately. For a nice entry it is better to wait for a consolidation.
More info and screens
27.26
33.85
When analyzing the support we can see 3 important areas.
- A support zone ranging from 32.15 to 32.63. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A support zone ranging from 31.14 to 31.49. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @27.54 from a trend line in the weekly time frame.
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 | UP | POSITIVE | The long term trend for RBNK.CA is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for RBNK.CA is up. |
| ChartMill Relative Strength | 73.5 | POSITIVE | RBNK.CA has a high relative strength, it outperformed 73.5% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of RBNK.CA is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of RBNK.CA is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of RBNK.CA is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 80.87 | OVERBOUGHT | The high RSI value suggests RBNK.CA may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.13 | POSITIVE | The MACD value suggests RBNK.CA has a positive trend. |
| Stochastics (14,3) | 83.35 | OVERBOUGHT | The high Stochastics value suggests RBNK.CA may be overbought. |
| Average True Range in percent/ATR (20) | 0.8 | LOW VOLATILITY | The low ATR as a percentage value for RBNK.CA suggests low volalility. |
| Average Directional Index/ADX (14) | 45.45 | POSITIVE | The high ADX value value for RBNK.CA suggests a strong trend. |
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)
TSX:RBNK (8/29/2025, 7:00:00 PM)
33.51
+0.21 (+0.63%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg0.63%
1 Week3.81%
2 Weeks4.26%
1 Month7.16%
3 Month12.56%
6 Month18.2%
12 Month32.35%
2 Year52.46%
3 Year37.21%
5 Year71.26%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.29
ATR(20)%0.8%
ATR Inc125.41%
Range Today0.38
ADR(20)0.22
ADR(20)%0.66%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS73.5
Mansfield0.71
10 Day High33.88
10 Day Low32.03
20 Day High33.88
20 Day Low31
52 Week High33.88
52 Week Low24.96
CS1 End32.63
CR1 StartN/A
Volume & EV
DER(3)-3.12%
DER(5)2.51%
Volume25.51K
Volume Incr152.68%
Vol(5)27.39K
Vol(50)12.75K