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Stock Trend Analysis Report

Prepared for you on Monday, October 22, 2018.

ROYAL BANK of CANADA (TSE:RY)

Smart Scan Chart Analysis confirms that a short term counter trend move is underway. When this action is over look for the longer term negative trend to resume. Downtrend with money management stops.

The Trade Triangles are generated using a proprietary algorithm that is comprised of weighted factors that include, but are not limited to - price change, percentage change, moving averages, and new highs/lows. The MarketClub trading strategy is based on the triangles, learn more here.

TSE_RY
Open High Low RY Price Change
99.11 99.69 98.90 98.94 -0.02
Entry Signal

MarketClub’s Trade Triangles for RY

long term down The long term trend has been DOWN since Oct 12th, 2018 at 98.70

intermediate term down The intermediate term trend has been DOWN since Oct 2nd, 2018 at 102.76

short term up The short term trend has been UP since Oct 18th, 2018 at 100.04

Smart Scan Analysis for RY

Based on a pre-defined weighted trend formula for chart analysis, RY scored -85 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-85
Smart Scan Analysis for RY
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
99.11 99.69 98.90 98.94 -0.02
Prev. Close Volume Bid Ask Time
99 1503183 2018-10-19 15:59:12
Year High108.52Year High Date2018-01-22
Year Low96Year Low Date2018-04-13
52wk High108.5252wk High Date2018-01-22
52wk Low9652wk Low Date2018-04-13
Year End Close59.88Average Volume2,544,103
Volatility10.36
Want to analyze ROYAL BANK of CANADA RY or another symbol? Try our Free Stock Trend Analysis Report.