We assign a technical rating of 10 out of 10 to RGLD. Both in the recent history as in the last year, RGLD has proven to be a steady performer, scoring decent points in every aspect analyzed.
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.
153.93
5 important support areas can be observed.
We found 1 important resistance area.
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 | 87.55 | POSITIVE | RGLD has a high relative strength, it outperformed 87.55% 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) | 64.14 | NEUTRAL | The RSI value for RGLD is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 1.95 | POSITIVE | The MACD value suggests RGLD has a positive trend. |
| Stochastics (14,3) | 90.52 | OVERBOUGHT | The high Stochastics value suggests RGLD may be overbought. |
| Average True Range in percent/ATR (20) | 2.93 | MEDIUM VOLATILITY | The ATR as a percentage value for RGLD suggests some volalility. |
| Average Directional Index/ADX (14) | 17.38 | NEGATIVE | The low ADX value for RGLD suggests a weak or negative trend. |
201.05
+8.67 (+4.51%)
ChartMill assigns a technical rating of 10 / 10 to RGLD.
The current trend direction for ROYAL GOLD INC (RGLD) is Bullish.
ROYAL GOLD INC (RGLD) has an RSI value of 64.1358. This indicates that the stock is currently neutral.
The short term momentum for ROYAL GOLD INC (RGLD) is positive.
The buy/sell signal for ROYAL GOLD INC (RGLD) is buy as both the short term and long term trends are positive.