ROYAL GOLD INC (RGLD) Stock Technical Analysis
USA - NASDAQ:RGLD - US7802871084 - Common Stock
200.34 USD
+1.31 (+0.66%)
200.34 USD
0 (0%)
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.
RGLD is part of the Metals & Mining industry. There are 156 other stocks in this industry, of which 60% are performing better than RGLD.
The long and short term trends are both positive. This is looking good!
When comparing the yearly performance of all stocks, we notice that RGLD is one of the better performing stocks in the market, outperforming 84% 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 183.58 - 203.18 range, which is quite wide. It is currently trading near the high of this range.
Besides having an excellent technical rating, RGLD also presents a decent setup pattern. Prices have been consolidating lately. There is very little resistance above the current price. We notice that large players showed an interest for RGLD in the last couple of days, which is a good sign.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
More info and screens
150.79
202.34
When analyzing the support we can see 3 important areas.
- Support @188.01 from a horizontal line in the daily time frame.
- A support zone ranging from 155.48 to 158.35. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @152.31 from a trend line in the weekly time frame.
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 | 84.76 | POSITIVE | RGLD has a high relative strength, it outperformed 84.76% 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) | 70.03 | OVERBOUGHT | The high RSI value suggests RGLD may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.22 | POSITIVE | The MACD value suggests RGLD has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 82.86 | OVERBOUGHT | The high Stochastics value suggests RGLD may be overbought. |
| Average True Range in percent/ATR (20) | 2.49 | MEDIUM VOLATILITY | The ATR as a percentage value for RGLD suggests some volalility. |
| Average Directional Index/ADX (14) | 33.55 | 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)
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.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 203.19 | 188.44 | 14.75 (7.26%) | 13.78% |
| An entry @203.19. This is a Buy Stop order right above the 10 day high. | An exit @188.44. This is a Stop Loss order right below the 10 day low. | The trade has a worst case loss of 14.75 points, which is 7.26%. | When investing 13.78% 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.
200.34
+1.31 (+0.66%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorMaterials
GICS IndustryMetals & Mining
Performance
% Chg0.66%
1 Week1.85%
2 Weeks4.52%
1 Month8.37%
3 Month11.41%
6 Month28.75%
12 Month44.16%
2 Year92.03%
3 Year110.97%
5 Year68.62%
10 Year318.77%
15 Year304.65%
Volatility
ATR(14)5.31
ATR(20)%2.49%
ATR Inc10.95%
Range Today2.74
ADR(20)4.95
ADR(20)%2.47%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS84.76
Mansfield1.08
10 Day High203.18
10 Day Low188.45
20 Day High203.18
20 Day Low183.58
52 Week High203.18
52 Week Low130.67
CS1 End188.01
CR1 StartN/A
Volume & EV
DER(3)3.41%
DER(5)2.62%
Volume992.20K
Volume Incr-1.07%
Vol(5)1.04M
Vol(50)930.81K