ROYAL GOLD INC (RGLD)

US7802871084 - Common Stock

121.66  -1.34 (-1.09%)

After market: 121.66 0 (0%)

Technical Rating and Analysis

8

Overall RGLD gets a technical rating of 8 out of 10. This is due to a decent performance in both the short and medium term time frames. Compared to the overall market, RGLD is only an average performer.

The long and short term trends are both positive. This is looking good!
RGLD is currently showing a bull flag pattern! A bull flag pattern occurs when prices pull back slightly after a strong rise up. This may be a nice opportunity for an entry.
When compared to the yearly performance of all other stocks, RGLD outperforms 42% of them, which is more or less in line with the market.
RGLD is an average performer in the Metals & Mining industry, it outperforms 41% of 155 stocks in the same industry.
RGLD 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 RGLD is lagging the market slightly.
Weekly and Daily overview Charts
RGLD Weekly chart
RGLD Daily chart
Setup Rating and Analysis

7

Besides having an excellent technical rating, RGLD also presents a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. A pullback is taking place, which may present a nice opportunity for an entry. Very recently a Pocket Pivot signal was observed. This is another positive sign.

  • A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
Support and Resistance Analysis

101.84

126.60

When analyzing the support we can see 4 important areas.

  • A support zone ranging from 118.92 to 119.86. 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 107.28 to 108.35. This zone is formed by a combination of multiple trend lines in multiple time frames.
  • A support zone ranging from 104.54 to 104.54. This zone is formed by a combination of multiple trend lines in the weekly time frame.
  • Support @102.87 from a horizontal line in the daily time frame.

When analyzing the resistance we notice one important area.

  • A resistance zone ranging from 122.53 to 125.35. 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
CRS42.7
Mansfield-0.45
10 Day High126.28
10 Day Low118.97
20 Day High126.28
20 Day Low108.95
52 Week High147.82
52 Week Low100.55
Performance
1 Week-0.88%
2 Weeks-0.6%
1 Month8.82%
3 Month4.57%
6 Month10.39%
12 Month-6.42%
2 Year-6.76%
3 Year8.76%
5 Year39.74%
10 Year83.78%
15 Year236.45%
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)-0.3
RSI(14)56.95
LBB119.87
UBB125.23
Example Setup

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.

ENTRYEXITDISTANCECAPITAL
125.36118.966.40 (5.11%)19.59%
An entry @125.36. This is a Buy Stop order right above the resistance zone.An exit @118.96. This is a Stop Loss order right below the 10 day low.The trade has a worst case loss of 6.40 points, which is 5.11%.When investing 19.59% 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.
RGLD Daily chart

ROYAL GOLD INC

NASDAQ:RGLD (4/18/2024, 7:17:26 PM)

After market: 121.66 0 (0%)

121.66

-1.34 (-1.09%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorMaterials
GICS IndustryMetals & Mining
Performance
% Chg-1.09%
1 Week-0.88%
2 Weeks-0.6%
1 Month8.82%
3 Month4.57%
6 Month10.39%
12 Month-6.42%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)3.38
ATR(20)%2.9%
ATR Inc
Range Today3.22
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 High126.28
10 Day Low118.97
20 Day High126.28
20 Day Low108.95
52 Week High147.82
52 Week Low100.55
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume465.30K
Volume Incr33.12%
Vol(5)659.54K
Vol(50)491.64K