ROYAL BANK OF CANADA (RY.CA) Stock Technical Analysis
Canada - Toronto Stock Exchange - TSX:RY - CA7800871021 - Common Stock
We assign a technical rating of 10 out of 10 to RY. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, RY is showing a nice and steady performance.
Although RY has an excellent technical rating, it does not offer a high quality setup 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
173.12
We found 4 important support areas.
- A support zone ranging from 215.25 to 218.89. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 204.00 to 208.40. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @199.63 from a horizontal line in the daily time frame.
- Support @174.87 from a trend line in the weekly time frame.
We found 1 important resistance area.
- A resistance zone ranging from 235.19 to 235.19. 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 | 73.74 | POSITIVE | RY.CA has a high relative strength, it outperformed 73.74% off all stocks 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) | 78.8 | OVERBOUGHT | The high RSI value suggests RY.CA may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.2 | POSITIVE | The MACD value suggests RY.CA has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 93.29 | OVERBOUGHT | The high Stochastics value suggests RY.CA may be overbought. |
| Average True Range in percent/ATR (20) | 1.2 | LOW VOLATILITY | The low ATR as a percentage value for RY.CA suggests low volalility. |
| Average Directional Index/ADX (14) | 50.79 | POSITIVE | The high ADX value value for RY.CA suggests a strong trend. |
TSX:RY (12/29/2025, 7:00:00 PM)
235.18
+1.33 (+0.57%)
ROYAL BANK OF CANADA / RY.CA FAQ
What is the ChartMill technical rating of ROYAL BANK OF CANADA (RY.CA) stock?
ChartMill assigns a technical rating of 10 / 10 to RY.CA.
What is the trend direction for RY stock?
The current trend direction for ROYAL BANK OF CANADA (RY.CA) is Bullish.
What is the RSI signal for ROYAL BANK OF CANADA (RY.CA) stock?
ROYAL BANK OF CANADA (RY.CA) has an RSI value of 78.7975. This indicates that the stock is currently overbought.
What is the MACD signal for RY stock?
The MACD indicator for ROYAL BANK OF CANADA (RY.CA) has a value of 0.195025, indicating a bearish trend.
What is the buy/sell signal for RY stock?
The buy/sell signal for ROYAL BANK OF CANADA (RY.CA) is buy as both the short term and long term trends are positive.