ROYAL GOLD INC (RGLD) Stock Technical Analysis
NASDAQ:RGLD - US7802871084 - Common Stock
177.44 USD
+2.69 (+1.54%)
177.44 USD
0 (0%)
Taking everything into account, RGLD scores 7 out of 10 in our technical rating. Although RGLD is only a medium performer in the overall market, the technical picture looks good in both the medium and short term time frames.
RGLD is part of the Metals & Mining industry. There are 156 other stocks in this industry, of which 61% are performing better than RGLD.
Both the short term and long term trends are positive. This is a very positive sign.
RGLD is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so RGLD is lagging the market slightly.
In the last month RGLD has a been trading in the 150.75 - 177.78 range, which is quite wide. It is currently trading near the high of this range.
When comparing the performance of all stocks over the past year, RGLD turns out to be only a medium performer in the overall market: it outperformed 68% of all stocks.
Although RGLD has an excellent technical rating, it does not present a decent entry opportunity 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
148.10
188.59
When analyzing the support we can see 2 important areas.
- A support zone ranging from 164.47 to 171.64. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 149.60 to 155.48. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 184.91 to 186.72. This zone is formed by a combination of multiple trend lines in multiple time frames.
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 | UP | POSITIVE | The short term trend for RGLD is up. |
| ChartMill Relative Strength | 68.32 | NEUTRAL | RGLD is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of RGLD is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of RGLD is above 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) | 67.07 | NEUTRAL | The RSI value for RGLD is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 1.5 | POSITIVE | The MACD value suggests RGLD has a positive trend. |
| Stochastics (14,3) | 92.53 | OVERBOUGHT | The high Stochastics value suggests RGLD may be overbought. |
| Average True Range in percent/ATR (20) | 2.33 | MEDIUM VOLATILITY | The ATR as a percentage value for RGLD suggests some volalility. |
| Average Directional Index/ADX (14) | 20.66 | NEUTRAL | The ADX value for RGLD suggests a possible start of a new 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)
177.44
+2.69 (+1.54%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorMaterials
GICS IndustryMetals & Mining
Performance
% Chg1.54%
1 Week3.49%
2 Weeks5.01%
1 Month14.48%
3 Month-1.74%
6 Month19.53%
12 Month25.71%
2 Year58.3%
3 Year93.08%
5 Year30.16%
10 Year268.75%
15 Year261.61%
Volatility
ATR(14)4.45
ATR(20)%2.33%
ATR Inc22.63%
Range Today4.5
ADR(20)3.89
ADR(20)%2.19%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS68.32
Mansfield0.36
10 Day High177.78
10 Day Low164.13
20 Day High177.78
20 Day Low150.75
52 Week High191.78
52 Week Low130.67
CS1 End171.64
CR1 Start184.91
Volume & EV
DER(3)3.07%
DER(5)2.3%
Volume635.40K
Volume Incr-25.86%
Vol(5)666.38K
Vol(50)860.74K