ROYAL GOLD INC (RGLD) Technical Analysis
NASDAQ:RGLD • US7802871084
Current stock price
250.27 USD
-8.84 (-3.41%)
At close:
250 USD
-0.27 (-0.11%)
Pre-Market:
RGLD Technical Rating and Analysis
Overall RGLD gets a technical rating of 8 out of 10. In the last year, RGLD was one of the better performers, but we do observe some doubts in the very recent evolution.
- In the last month RGLD has a been trading in the 246.33 - 304.70 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, RGLD did better than 88% of all other stocks. We also observe that the gains produced by RGLD over the past year are nicely spread over this period.
- The long term trend is positive and the short term trend is negative. It is probably better to wait until this picture becomes clearer.
- RGLD is part of the Metals & Mining industry. There are 157 other stocks in this industry, RGLD did better than 45% of them.
- 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.
RGLD Weekly and Daily overview Charts
RGLD Setup Rating and Analysis
Although RGLD has an excellent technical rating, it 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
RGLD Support and Resistance Analysis
165.04
304.22
We found 5 important support areas.
- A support zone ranging from 250.26 to 250.26. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @208.87 from a trend line in the weekly time frame.
- Support @192.54 from a trend line in the daily time frame.
- Support @172.06 from a trend line in the weekly time frame.
- Support @166.71 from a horizontal line in the daily time frame.
2 important resistance areas can be observed.
- A resistance zone ranging from 280.52 to 281.87. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Resistance @301.21 from a horizontal line in the daily time frame.
RGLD 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 | UP | POSITIVE | The long term trend for RGLD is up. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for RGLD is down. |
| ChartMill Relative Strength | 88.62 | POSITIVE | RGLD has a high relative strength, it outperformed 88.62% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of RGLD is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | MIXED | The current price of RGLD is below the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of RGLD is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 34.84 | NEUTRAL | The RSI value for RGLD is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -4.72 | NEGATIVE | The MACD value suggests RGLD has a negative trend. |
| Stochastics (14,3) | 7.74 | OVERSOLD | The low Stochastics value suggests RGLD may be oversold. |
| Average True Range in percent/ATR (20) | 4.96 | MEDIUM VOLATILITY | The ATR as a percentage value for RGLD suggests some volalility. |
| Average Directional Index/ADX (14) | 22.4 | NEUTRAL | The ADX value for RGLD suggests a possible start of a new trend. |
RGLD Chart- and CandleStick Pattern Analysis
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)
RGLD Technicals: Chart, Performance Metrics, Trend & Indicators
250.27
-8.84 (-3.41%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorMaterials
GICS IndustryMetals & Mining
Performance
% Chg-3.41%
1 Week-11.21%
2 Weeks-17.75%
1 Month-12.52%
3 Month9.94%
6 Month30.57%
12 Month59.4%
2 Year105.46%
3 Year92.95%
5 Year132.55%
10 Year387.95%
15 Year377.62%
Volatility
ATR(14)12.41
ATR(20)%4.96%
ATR Inc9.97%
Range Today11.54
ADR(20)11.4
ADR(20)%4.56%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS88.62
3 months CRS84.07
6 months CRS90.79
Mansfield1.87
10 Day High291.42
10 Day Low246.33
20 Day High304.7
20 Day Low246.33
52 Week High306.25
52 Week Low150.75
CS1 End250.26
CR1 Start280.52
Volume & EV
DER(3)0.68%
DER(5)0.89%
Volume1.55M
Volume Incr4.71%
Vol(5)922.40K
Vol(50)969.01K
ROYAL GOLD INC / RGLD TA FAQ
What is the ChartMill technical rating of ROYAL GOLD INC (RGLD) stock?
ChartMill assigns a technical rating of 8 / 10 to RGLD.
What is the current trend direction of ROYAL GOLD INC (RGLD) stock?
The current trend direction for ROYAL GOLD INC (RGLD) is Bullish.
Can you provide the RSI signal for ROYAL GOLD INC?
ROYAL GOLD INC (RGLD) has an RSI value of 34.839. This indicates that the stock is currently neutral.
What is the MACD signal for RGLD stock?
The MACD indicator for ROYAL GOLD INC (RGLD) has a value of -4.71986, indicating a bearish trend.
What is the buy/sell signal for ROYAL GOLD INC (RGLD) stock?
The buy/sell signal for ROYAL GOLD INC (RGLD) is hold as the short term and long term trends are mixed.