ROYAL BANK OF CANADA (RY)

CA7800871021 - Common Stock

123.59  -0.37 (-0.3%)

After market: 123.59 0 (0%)

Technical Rating and Analysis

10

Overall RY gets a technical rating of 10 out of 10. 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.

Both the short term and long term trends are positive. This is a very positive sign.
Looking at the yearly performance, RY did better than 86% of all other stocks. On top of that, RY also shows a nice and consistent pattern of rising prices.
A new 52 week high is currently being made by RY, which is a very good signal! However, this is in line with the S&P500, which is also trading near new highs.
In the last month RY has a been trading in the 110.85 - 124.31 range, which is quite wide. It is currently trading near the high of this range.
RY has an average volume of 1081430 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
RY is an average performer in the Banks industry, it outperforms 66% of 402 stocks in the same industry.
Considerably lower volume is observed in the last couple of days.
Weekly and Daily overview Charts
RY Weekly chart
RY Daily chart
Setup Rating and Analysis

5

Besides having an excellent technical rating, RY also presents a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced.

Support and Resistance Analysis

96.51

125.20

We found 5 important support areas.

  • A support zone ranging from 112.61 to 113.77. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • A support zone ranging from 107.46 to 109.06. This zone is formed by a combination of multiple trend lines in multiple time frames.
  • Support @105.65 from a horizontal line in the daily time frame.
  • A support zone ranging from 100.51 to 102.85. This zone is formed by a combination of multiple trend lines in the daily time frame.
  • Strong support @97.48 from a horizontal line in the daily time frame.

We found 1 important resistance area.

  • A resistance zone ranging from 123.60 to 123.96. This zone is formed by a combination of multiple trend lines in multiple time frames.
Statistics, Performance, Trends, Indicators, Chart- and CandleStick Patterns
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS86.96
Mansfield0.99
10 Day High124.31
10 Day Low119.15
20 Day High124.31
20 Day Low110.85
52 Week High124.31
52 Week Low77.9
Performance
1 Week2.2%
2 Weeks3.68%
1 Month11.63%
3 Month18.91%
6 Month24.41%
12 Month35.06%
2 Year37.26%
3 Year24.24%
5 Year52.28%
10 Year72.97%
15 Year130.71%
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)
Technical Indicators
MACD(12,26,9)0.3
RSI(14)75.74
LBB115.96
UBB125.8
RY Daily chart

ROYAL BANK OF CANADA

NYSE:RY (9/13/2024, 8:04:00 PM)

After market: 123.59 0 (0%)

123.59

-0.37 (-0.3%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryBanks
Performance
% Chg-0.3%
1 Week2.2%
2 Weeks3.68%
1 Month11.63%
3 Month18.91%
6 Month24.41%
12 Month35.06%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)1.8
ATR(20)%1.34%
ATR Inc
Range Today0.94
ADR(20)
ADR(20)%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS
Mansfield
10 Day High124.31
10 Day Low119.15
20 Day High124.31
20 Day Low110.85
52 Week High124.31
52 Week Low77.9
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume589.20K
Volume Incr-38.34%
Vol(5)617.22K
Vol(50)1.08M