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ROYAL BANK OF CANADA - RY 3 PERP (RY-PR-M.CA) Stock Technical Analysis

TSX:RY-PR-M - Toronto Stock Exchange - CA78012T4708 - Currency: CAD

25  +0.02 (+0.08%)

Technical Rating and Analysis

6

Overall RY-PR-M gets a technical rating of 6 out of 10. Although RY-PR-M is a bad performer in the overall market, the technical picture looks good in both the medium and short term time frames.

When comparing the yearly performance of all stocks, RY-PR-M is a bad performer in the overall market: 63% of all stocks are doing better.
Warning: RY-PR-M has an average volume of 16651 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
Both the short term and long term trends are positive. This is a very positive sign.
RY-PR-M is currently making a new 52 week high. This is a strong signal. The S&P500 Index however is also trading near new highs, which makes the performance in line with the market.
RY-PR-M is part of the Banks industry. There are 29 other stocks in this industry, RY-PR-M did better than 50% of them.
In the last month RY-PR-M has a been trading in a tight range between 24.70 and 25.01.
Volume is considerably higher in the last couple of days.
Weekly and Daily overview Charts
ROYAL BANK OF CANADA - RY 3 PERP / RY-PR-M Weekly stock chart
ROYAL BANK OF CANADA - RY 3 PERP / RY-PR-M Daily stock chart
Setup Rating and Analysis

8

RY-PR-M has only a medium technical rating, but it does show a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is a resistance zone just above the current price starting at 25.01. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 24.97, a Stop Loss order could be placed below this zone. Very recently a Pocket Pivot signal was observed. This is another positive sign.

  • A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
Support and Resistance Analysis

23.38

25.45

We found 1 important support area.

  • A support zone ranging from 23.62 to 24.97. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.

We found 1 important resistance area.

  • A resistance zone ranging from 25.01 to 25.20. This zone is formed by a combination of multiple trend lines in multiple time frames.
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.

IndicatorValueSignalComment
ChartMill Long Term Trend IndicatorUPPOSITIVEThe long term trend for RY-PR-M.CA is up.
ChartMill Short Term Trend IndicatorUPPOSITIVEThe short term trend for RY-PR-M.CA is up.
ChartMill Relative Strength37.69NEUTRALRY-PR-M.CA is not amongst the best or worst performers on the market.
Simple Moving Average/SMA (20)UPPOSITIVEThe current price of RY-PR-M.CA is above the rising SMA(20).
Simple Moving Average/SMA (50)UPPOSITIVEThe current price of RY-PR-M.CA is above the rising SMA(50).
Simple Moving Average/SMA (200)UPPOSITIVEThe current price of RY-PR-M.CA is above the rising SMA(200).
Relative Strength Index/RSI (14)60.01NEUTRALThe RSI value for RY-PR-M.CA is a neutral value.
Moving Average Convergence Divergence/MACD (12, 26, 9)0NEGATIVEThe MACD value suggests RY-PR-M.CA has a negative trend, although the MACD value is rising.
Stochastics (14,3)89.58OVERBOUGHTThe high Stochastics value suggests RY-PR-M.CA may be overbought.
Average True Range in percent/ATR (20)0.23LOW VOLATILITYThe low ATR as a percentage value for RY-PR-M.CA suggests low volalility.
Average Directional Index/ADX (14)26.96POSITIVEThe high ADX value value for RY-PR-M.CA suggests a strong trend.
Chart- and CandleStick Pattern Analysis
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)
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
25.0224.880.14 (0.56%)25.00%
An entry @25.02. This is a Buy Stop order right above the 10 day high.An exit @24.88. This is a Stop Loss order right below the 10 day low.The worst case loss on the trade is limited to 0.14 points, which is 0.56%.For a 0.14% total portfolio risk, you can invest 25.00% of your capital in this trade.

  • 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.
ROYAL BANK OF CANADA - RY 3 PERP / RY-PR-M Daily stock chart

ROYAL BANK OF CANADA - RY 3 PERP

TSX:RY-PR-M (7/11/2025, 7:00:00 PM)

25

+0.02 (+0.08%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryBanks
Performance
% Chg0.08%
1 Week0.2%
2 Weeks0.4%
1 Month0.6%
3 Month4.21%
6 Month1.79%
12 Month5.44%
2 Year38.2%
3 Year18.37%
5 Year35.21%
10 Year5.53%
15 YearN/A
Volatility
ATR(14)0.06
ATR(20)%0.23%
ATR Inc-37.87%
Range Today0.05
ADR(20)0.03
ADR(20)%0.12%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS37.69
Mansfield-0.49
10 Day High25.01
10 Day Low24.89
20 Day High25.01
20 Day Low24.7
52 Week High25.01
52 Week Low23.43
CS1 End24.97
CR1 Start25.01
Volume & EV
DER(3)0%
DER(5)0%
Volume3.80K
Volume Incr318.81%
Vol(5)47.52K
Vol(50)16.65K