ROYAL GOLD INC (RGLD)

US7802871084 - Common Stock

120.93  +0.52 (+0.43%)

After market: 119.91 -1.02 (-0.84%)

Technical Rating and Analysis

6

Taking everything into account, RGLD scores 6 out of 10 in our technical rating. In the last year, RGLD was a below average performer in the market. There are positive signs in the very recent evolution, but the medium term picture is still mixed.

When comparing the yearly performance of all stocks, RGLD is a bad performer in the overall market: 63% of all stocks are doing better.
The long and short term trends are both positive. This is looking good!
In the last month RGLD has a been trading in the 111.43 - 126.28 range, which is quite wide. It is currently trading in the middle of this range where prices have been consolidating recently, this may present a good entry opportunity, but some resistance may be present above.
RGLD is an average performer in the Metals & Mining industry, it outperforms 41% of 155 stocks in the same industry.
RGLD is currently trading in the middle of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so RGLD is lagging the market slightly.
Weekly and Daily overview Charts
RGLD Weekly chart
RGLD Daily chart
Setup Rating and Analysis

7

Although the technical rating is only medium, RGLD does present a nice setup opportunity. We see reduced volatility while prices have been consolidating in the most recent period. A pullback is taking place, which may present a nice opportunity for an entry. There is a support zone below the current price at 118.82, a Stop Loss order could be placed below this zone.

Support and Resistance Analysis

101.84

126.60

4 important support areas can be observed.

  • A support zone ranging from 117.38 to 118.82. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • A support zone ranging from 106.99 to 107.51. This zone is formed by a combination of multiple trend lines in the weekly time frame.
  • A support zone ranging from 104.54 to 104.54. This zone is formed by a combination of multiple trend lines in the weekly time frame.
  • Support @102.87 from a horizontal line in the daily time frame.

When analyzing the resistance we notice one important area.

  • A resistance zone ranging from 120.94 to 125.35. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
Statistics, Performance, Trends, Indicators, Chart- and CandleStick Patterns
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS37.34
Mansfield-0.57
10 Day High124.9
10 Day Low118
20 Day High126.28
20 Day Low111.43
52 Week High147.82
52 Week Low100.55
Performance
1 Week-1.68%
2 Weeks-1.67%
1 Month9.88%
3 Month5.07%
6 Month13.47%
12 Month-8.69%
2 Year-7.32%
3 Year8.11%
5 Year38.9%
10 Year82.67%
15 Year234.43%
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)
Technical Indicators
MACD(12,26,9)-0.6
RSI(14)54.01
LBB118.54
UBB125.48
Example Setup

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.

ENTRYEXITDISTANCECAPITAL
125.36117.997.37 (5.88%)17.01%
An entry @125.36. This is a Buy Stop order right above the resistance zone.An exit @117.99. This is a Stop Loss order right below the 10 day low.The worst case loss on the trade is limited to 7.37 points, which is 5.88%.When investing 17.01% 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.
RGLD Daily chart

ROYAL GOLD INC

NASDAQ:RGLD (4/24/2024, 7:26:06 PM)

After market: 119.91 -1.02 (-0.84%)

120.93

+0.52 (+0.43%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorMaterials
GICS IndustryMetals & Mining
Performance
% Chg0.43%
1 Week-1.68%
2 Weeks-1.67%
1 Month9.88%
3 Month5.07%
6 Month13.47%
12 Month-8.69%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)3.46
ATR(20)%3.01%
ATR Inc
Range Today1.75
ADR(20)
ADR(20)%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS
Mansfield
10 Day High124.9
10 Day Low118
20 Day High126.28
20 Day Low111.43
52 Week High147.82
52 Week Low100.55
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume463.20K
Volume Incr-5.24%
Vol(5)489.38K
Vol(50)509.73K