ROYAL BANK OF CANADA (RY.CA) Stock Technical Analysis
TSX:RY - CA7800871021 - Common Stock
190.65 CAD
+1.24 (+0.65%)
We assign a technical rating of 8 out of 10 to RY. Although RY is only a medium performer in the overall market, the technical picture looks good in both the medium and short term time frames.
Both the short term and long term trends are positive. This is a very positive sign.
RY is one of the better performing stocks in the Banks industry, it outperforms 80% of 27 stocks in the same industry.
RY 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.
In the last month RY has a been trading in the 175.50 - 191.22 range, which is quite wide. It is currently trading near the high of this range.
RY has an average volume of 3731790 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
When comparing the performance of all stocks over the past year, RY turns out to be only a medium performer in the overall market: it outperformed 65% of all stocks.
Although RY has an excellent technical rating, it does not present a decent entry opportunity at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
167.79
192.57
3 important support areas can be observed.
- A support zone ranging from 177.47 to 184.00. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 172.40 to 174.36. This zone is formed by a combination of multiple trend lines in the daily time frame.
- Support @169.48 from a trend line in the weekly time frame.
We found 1 important resistance area.
- A resistance zone ranging from 190.66 to 190.66. 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.CA is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for RY.CA is up. |
| ChartMill Relative Strength | 65.23 | NEUTRAL | RY.CA is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of RY.CA is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of RY.CA is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of RY.CA is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 76.87 | OVERBOUGHT | The high RSI value suggests RY.CA may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.57 | POSITIVE | The MACD value suggests RY.CA has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 96.37 | OVERBOUGHT | The high Stochastics value suggests RY.CA may be overbought. |
| Average True Range in percent/ATR (20) | 0.86 | LOW VOLATILITY | The low ATR as a percentage value for RY.CA suggests low volalility. |
| Average Directional Index/ADX (14) | 32.54 | POSITIVE | The high ADX value value for RY.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)
TSX:RY (8/22/2025, 7:00:00 PM)
190.65
+1.24 (+0.65%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryBanks
Performance
% Chg0.65%
1 Week1.14%
2 Weeks4.54%
1 Month5.88%
3 Month8.27%
6 Month12.66%
12 Month22.14%
2 Year56.6%
3 Year56.1%
5 Year91.94%
10 Year159.95%
15 Year273.82%
Volatility
ATR(14)1.54
ATR(20)%0.86%
ATR Inc-5.3%
Range Today1.94
ADR(20)1.57
ADR(20)%0.82%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS65.23
Mansfield0.1
10 Day High191.22
10 Day Low182.5
20 Day High191.22
20 Day Low175.5
52 Week High191.22
52 Week Low151.25
CS1 End184
CR1 Start190.66
Volume & EV
DER(3)1.86%
DER(5)2.04%
Volume4.24M
Volume Incr-40.72%
Vol(5)2.61M
Vol(50)3.73M