Royale Energy (ROYL) Technical Analysis
NASDAQ:ROYL
Current stock price
ROYL Technical Rating and Analysis
We assign a technical rating of 0 out of 10 to ROYL. ROYL scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
- Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
- When comparing the yearly performance of all stocks, ROYL is a bad performer in the overall market: 100% of all stocks are doing better.
- ROYL is currently making a new 52 week low. This is a very bad signal. The S&P500 Index is trading in the upper part of its 52 week range, so ROYL is lagging the market.
- In the last month ROYL has a been trading in the 0.06 - 0.44 range, which is quite wide. It is currently trading near the lows of this range.
- Prices have been falling strongly lately, it is better to avoid new long positions here.
- Volume is considerably higher in the last couple of days. In combination with the strong move down this is a bad signal.
ROYL Weekly and Daily overview Charts
ROYL Setup Rating and Analysis
The technical rating of ROYL is bad and it also does not present a quality setup at the moment. Prices have been extended to the downside lately. For a nice entry it is better to wait for a consolidation.
More info and screens
ROYL Support and Resistance Analysis
ROYL 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 | DOWN | NEGATIVE | The long term trend for ROYL is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for ROYL is down. |
| ChartMill Relative Strength | 0.72 | NEGATIVE | ROYL has a low relative strength, it was outperformed by 99.28% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of ROYL is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of ROYL is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of ROYL is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 20.39 | OVERSOLD | The low RSI value suggests ROYL may be oversold. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.01 | NEGATIVE | The MACD value suggests ROYL has a negative trend. |
| Stochastics (14,3) | 5.18 | OVERSOLD | The low Stochastics value suggests ROYL may be oversold. |
| Average True Range in percent/ATR (20) | 71.25 | HIGH VOLATILITY | The high ATR as a percentage value for ROYL suggests high volalility. |
ROYL Chart- and CandleStick Pattern Analysis
ROYL Technicals: Chart, Performance Metrics, Trend & Indicators
NASDAQ:ROYL (1/20/2016, 8:41:23 PM)
0.08
-0.17 (-68%)
Royale Energy / ROYL TA FAQ
Can you provide the ChartMill technical rating for Royale Energy?
ChartMill assigns a technical rating of 0 / 10 to ROYL.
Can you provide the trend direction for Royale Energy?
The current trend direction for Royale Energy (ROYL) is Bearish.
What is the RSI signal for ROYL stock?
Royale Energy (ROYL) has an RSI value of 20.3927. This indicates that the stock is currently oversold.
What is the buy/sell signal for ROYL stock?
The buy/sell signal for Royale Energy (ROYL) is sell as both the short term and long term trends are negative.