ROYAL BANK OF CANADA - RY 4.9 PERP (RY-PR-O.CA) Stock Technical Analysis
Canada - TSX:RY-PR-O - CA78013K6016
We assign a technical rating of 5 out of 10 to RY-PR-O. Although RY-PR-O is a bad performer in the overall market, the technical picture looks good in both the medium and short term time frames.
RY-PR-O has only a medium technical rating, but it does show a decent setup pattern. 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 25.20, 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.
More info and screens
23.71
When analyzing the support we notice one important area.
- A support zone ranging from 23.95 to 25.20. 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 25.27 to 25.38. This zone is formed by a combination of multiple trend lines 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-O.CA is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for RY-PR-O.CA is neutral. |
| ChartMill Relative Strength | 34.02 | NEUTRAL | RY-PR-O.CA is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of RY-PR-O.CA is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of RY-PR-O.CA is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of RY-PR-O.CA is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 56.93 | NEUTRAL | The RSI value for RY-PR-O.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | NEGATIVE | The MACD value suggests RY-PR-O.CA has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 13.62 | OVERSOLD | The low Stochastics value suggests RY-PR-O.CA may be oversold. |
| Average True Range in percent/ATR (20) | 0.44 | LOW VOLATILITY | The low ATR as a percentage value for RY-PR-O.CA suggests low volalility. |
| Average Directional Index/ADX (14) | 17.66 | NEGATIVE | The low ADX value for RY-PR-O.CA suggests a weak or negative trend. |
ROYAL BANK OF CANADA - RY 4.9 PERP
TSX:RY-PR-O (10/23/2025, 7:00:00 PM)
25.25
+0.05 (+0.2%)