ROYAL GOLD INC (RGLD) Technical Analysis
NASDAQ:RGLD • US7802871084
Current stock price
RGLD Technical Rating and Analysis
Overall RGLD gets a technical rating of 8 out of 10. This is due to a consistent overall performance, although we see some doubts in the very recent evolution. In the medium time frame things are still looking good.
- RGLD is part of the Metals & Mining industry. There are 157 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.
- Looking at the yearly performance, RGLD did better than 81% of all other stocks. We also observe that the gains produced by RGLD over the past year are nicely spread over this period.
- 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 213.76 - 276.03 range, which is quite wide. It is currently trading near the high of this range.
- RGLD has an average volume of 1134350 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- Considerably lower volume is observed in the last couple of days.
RGLD Weekly and Daily overview Charts
RGLD Setup Rating and Analysis
RGLD has an excellent technical rating, but the quality of the setup is only medium 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
RGLD Support and Resistance Analysis
195.31
We found 4 important support areas.
- A support zone ranging from 255.44 to 260.57. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 221.12 to 222.15. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @213.98 from a trend line in the weekly time frame.
- Support @197.28 from a trend line in the daily time frame.
We found 1 important resistance area.
- A resistance zone ranging from 299.80 to 304.30. This zone is formed by a combination of multiple trend lines in multiple time frames.
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 | UP | POSITIVE | The short term trend for RGLD is up. |
| ChartMill Relative Strength | 81.45 | POSITIVE | RGLD has a high relative strength, it outperformed 81.45% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of RGLD is above a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | MIXED | The current price of RGLD is above a declining 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) | 56.27 | NEUTRAL | The RSI value for RGLD is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 4.14 | POSITIVE | The MACD value suggests RGLD has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 84.92 | OVERBOUGHT | The high Stochastics value suggests RGLD may be overbought. |
| Average True Range in percent/ATR (20) | 4.28 | MEDIUM VOLATILITY | The ATR as a percentage value for RGLD suggests some volalility. |
| Average Directional Index/ADX (14) | 24.09 | NEUTRAL | The ADX value for RGLD suggests a possible start of a new trend. |
RGLD Chart- and CandleStick Pattern Analysis
RGLD Technicals: Chart, Performance Metrics, Trend & Indicators
266.82
+1.39 (+0.52%)
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.
What is the RSI signal for RGLD stock?
ROYAL GOLD INC (RGLD) has an RSI value of 56.2669. This indicates that the stock is currently neutral.
What is the short term momentum for RGLD stock?
The short term momentum for ROYAL GOLD INC (RGLD) is positive.
What is the buy/sell signal for RGLD stock?
The buy/sell signal for ROYAL GOLD INC (RGLD) is buy as both the short term and long term trends are positive.