ROYAL BANK OF CANADA - RY 3 PERP (RY-PR-M.CA) Stock Technical Analysis
TSX:RY-PR-M - Toronto Stock Exchange - CA78012T4708 - Currency: CAD
Overall RY-PR-M gets a technical rating of 7 out of 10. This is due to a decent performance in both the short and medium term time frames. Compared to the overall market, RY-PR-M is only an average performer.
Warning: RY-PR-M has an average volume of 14316 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
The long and short term trends are both positive. This is looking good!
RY-PR-M is part of the Banks industry. There are 29 other stocks in this industry. RY-PR-M outperforms 71% of them.
RY-PR-M is currently trading near its 52 week high, which is a good sign. The S&P500 Index is trading in the upper part of its 52 week range, but not near new highs, so RY-PR-M is leading the market.
When compared to the yearly performance of all other stocks, RY-PR-M outperforms 55% of them, which is more or less in line with the market.
In the last month RY-PR-M has a been trading in a tight range between 24.63 and 24.89.
Volume is considerably higher in the last couple of days.
RY-PR-M has an excellent technical rating and also presents a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. A pullback is taking place, which may present a nice opportunity for an entry. There is a support zone below the current price at 24.64, a Stop Loss order could be placed below this zone. Another positive sign is the recent Pocket Pivot signal.
- 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.
More info and screens
23.37
25.25
We found 1 important support area.
- A support zone ranging from 23.61 to 24.64. 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 24.77 to 25.00. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
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 RY-PR-M.CA is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for RY-PR-M.CA is up. |
| ChartMill Relative Strength | 55.39 | NEUTRAL | RY-PR-M.CA is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of RY-PR-M.CA is below the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of RY-PR-M.CA is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of RY-PR-M.CA is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 53.52 | NEUTRAL | The RSI value for RY-PR-M.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.01 | NEGATIVE | The MACD value suggests RY-PR-M.CA has a negative trend. |
| Stochastics (14,3) | 65.22 | NEUTRAL | The Stochastics value for RY-PR-M.CA is a neutral value. |
| Average True Range in percent/ATR (20) | 0.34 | LOW VOLATILITY | The low ATR as a percentage value for RY-PR-M.CA suggests low volalility. |
| Average Directional Index/ADX (14) | 32.17 | POSITIVE | The high ADX value value for RY-PR-M.CA 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 |
|---|---|---|---|
| 24.82 | 24.74 | 0.08 (0.34%) | 25.00% |
| An entry @24.82. This is a Buy Stop order right above the 10 day moving average. | An exit @24.74. This is a Stop Loss order right below the 10 day low. | The trade has a worst case loss of 0.08 points, which is 0.34%. | For a 0.09% total portfolio risk, you can invest 25.00% of your capital in this trade. |
- The distance between exit and entry is rather small compared to the average daily movement of RY-PR-M. Please evaluate whether better entry and exit points can be found.
- 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
TSX:RY-PR-M (6/13/2025, 7:00:00 PM)
24.765
-0.04 (-0.14%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryBanks
Performance
% Chg-0.14%
1 Week-0.1%
2 Weeks0.18%
1 Month0.39%
3 Month1.08%
6 Month2.04%
12 Month11.96%
2 Year42.33%
3 Year18.66%
5 Year55.66%
10 Year1.45%
15 YearN/A
Volatility
ATR(14)0.08
ATR(20)%0.34%
ATR Inc-40.68%
Range Today0.04
ADR(20)0.08
ADR(20)%0.31%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS55.39
Mansfield-0.19
10 Day High24.89
10 Day Low24.75
20 Day High24.89
20 Day Low24.63
52 Week High24.89
52 Week Low21.85
CS1 End24.64
CR1 Start24.77
Volume & EV
DER(3)0%
DER(5)-7.48%
Volume1.10K
Volume Incr6.84%
Vol(5)20.69K
Vol(50)14.32K