ROYAL GOLD INC (RGLD) Stock Technical Analysis
USA - NASDAQ:RGLD - US7802871084 - Common Stock
189.32 USD
+0.13 (+0.07%)
189.45 USD
+0.13 (+0.07%)
Overall RGLD gets a technical rating of 10 out of 10. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, RGLD is showing a nice and steady performance.
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 RGLD is one of the better performing stocks in the market, outperforming 76% of all stocks. We also observe that the gains produced by RGLD over the past year are nicely spread over this period.
RGLD 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 RGLD has a been trading in the 166.51 - 191.13 range, which is quite wide. It is currently trading near the high of this range.
RGLD is part of the Metals & Mining industry. There are 155 other stocks in this industry, RGLD did better than 40% of them.
Although RGLD has an excellent technical rating, the quality of the presented setup is not ideal 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
149.44
191.22
We found 4 important support areas.
- A support zone ranging from 184.49 to 189.31. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 166.70 to 167.94. 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 155.48 to 156.45. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @150.95 from a trend line in the weekly time frame.
We found 1 important resistance area.
- A resistance zone ranging from 189.33 to 189.33. 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 | 76.46 | POSITIVE | RGLD has a high relative strength, it outperformed 76.46% off all stocks 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) | 71.32 | OVERBOUGHT | The high RSI value suggests RGLD may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.74 | POSITIVE | The MACD value suggests RGLD has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 92.65 | OVERBOUGHT | The high Stochastics value suggests RGLD may be overbought. |
| Average True Range in percent/ATR (20) | 2.18 | MEDIUM VOLATILITY | The ATR as a percentage value for RGLD suggests some volalility. |
| Average Directional Index/ADX (14) | 32.51 | POSITIVE | The high ADX value value for RGLD 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)
189.32
+0.13 (+0.07%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorMaterials
GICS IndustryMetals & Mining
Performance
% Chg0.07%
1 Week2.41%
2 Weeks7.55%
1 Month11.62%
3 Month3.86%
6 Month22.78%
12 Month32.22%
2 Year78.05%
3 Year101.79%
5 Year57.54%
10 Year302.98%
15 Year279.86%
Volatility
ATR(14)4.09
ATR(20)%2.18%
ATR Inc-2.24%
Range Today3.3
ADR(20)3.99
ADR(20)%2.11%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS76.46
Mansfield0.77
10 Day High191.13
10 Day Low176.14
20 Day High191.13
20 Day Low166.52
52 Week High191.78
52 Week Low130.67
CS1 End189.31
CR1 Start189.33
Volume & EV
DER(3)0.48%
DER(5)0.44%
Volume616.60K
Volume Incr-9.86%
Vol(5)671.24K
Vol(50)884.53K