ROYAL BANK OF CANADA (RY) Stock Technical Analysis
USA - NYSE:RY - CA7800871021 - Common Stock
Taking everything into account, RY scores 7 out of 10 in our technical rating. In the last year, RY was one of the better performers, but we do observe some doubts in the very recent evolution.
Besides having an excellent technical rating, RY 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 146.34, a Stop Loss order could be placed below this zone.
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117.55
4 important support areas can be observed.
- A support zone ranging from 142.15 to 145.85. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @138.30 from a trend line in the daily time frame.
- Support @125.00 from a horizontal line in the daily time frame.
- Support @118.74 from a trend line in the weekly time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 146.34 to 149.06. 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 is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for RY is neutral. |
| ChartMill Relative Strength | 76.14 | POSITIVE | RY has a high relative strength, it outperformed 76.14% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of RY is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of RY is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of RY is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 51.43 | NEUTRAL | The RSI value for RY is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.14 | NEGATIVE | The MACD value suggests RY has a negative trend. |
| Stochastics (14,3) | 51.24 | NEUTRAL | The Stochastics value for RY is a neutral value. |
| Average True Range in percent/ATR (20) | 1.16 | LOW VOLATILITY | The low ATR as a percentage value for RY suggests low volalility. |
| Average Directional Index/ADX (14) | 16.63 | NEGATIVE | The low ADX value for RY suggests a weak or negative trend. |
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 |
|---|---|---|---|
| 147.21 | 145.06 | 2.15 (1.46%) | 25.00% |
| An entry @147.21. This is a Buy Stop order right above the 10 day moving average. | An exit @145.06. This is a Stop Loss order right below the 10 day low. | The trade has a worst case loss of 2.15 points, which is 1.46%. | When investing 25.00% of your capital in this trade, your total portfolio risk will be 0.37%. |
- The distance between exit and entry is rather small compared to the average daily movement of RY. 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.
NYSE:RY (11/3/2025, 10:04:56 AM)
145.99
-0.51 (-0.35%)
ROYAL BANK OF CANADA / RY FAQ
What is the ChartMill technical rating of ROYAL BANK OF CANADA (RY) stock?
ChartMill assigns a technical rating of 7 / 10 to RY.
What is the trend direction for RY stock?
The current trend direction for ROYAL BANK OF CANADA (RY) is Bullish.
What is the RSI signal for ROYAL BANK OF CANADA (RY) stock?
ROYAL BANK OF CANADA (RY) has an RSI value of 51.4255. This indicates that the stock is currently neutral.
What is the MACD signal for RY stock?
The MACD indicator for ROYAL BANK OF CANADA (RY) has a value of -0.137517, indicating a bearish trend.