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Stock Trend Analysis Report
Prepared for you on Wednesday, September 27, 2023.
ROYALE ENERGY INC (NASDAQ:ROYL)
Countertrend Down (-85) - ROYL is showing short-term strength. However, look for the longer-term bearish trend to resume. As always, continue to monitor the trend score and set stops.
Is it time to buy, sell, or avoid ROYL?
MarketClub looks at technical strength and momentum to determine if the timing is right for ROYL.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
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MarketClub’s Trade Triangles for ROYL
The long-term trend has been DOWN since Aug 1st, 2022 at 0.0610
The intermediate-term trend has been DOWN since Sep 7th, 2023 at 0.0397
The short-term trend has been UP since Sep 11th, 2023 at 0.0397
Smart Scan Analysis for ROYL
Based on our trend formula, ROYL is rated as a -85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 0.0365 | 0.0365 | 0.0350 | 0.0350 | -0.0025 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.0350 | 10100 | 2023-09-21 14:32:24 |
| Year High | 0.5 | Year High Date | 2018-03-21 |
| Year Low | 0.1225 | Year Low Date | 2018-11-16 |
| 52wk High | 0.0735 | 52wk High Date | 2022-11-07 |
| 52wk Low | 0.01045 | 52wk Low Date | 2023-07-28 |
| Year End Close | 2.58 | Average Volume | 6,821 |
| Shares Outstanding | 67,684 | Short Interest | 1,022,752 |
| % Institutional | 5 | Assets | 11,752,090M |
| Liabilities | 20,272,062M | P/E Ratio | 3.18 |
| Beta | 2.93 | Volatility | 137.18 |