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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.

NASDAQ_ROYL
Open High Low ROYL Price Change
0.0365 0.0365 0.0350 0.0350 -0.0025
Entry Signal

MarketClub’s Trade Triangles for ROYL

long term down The long-term trend has been DOWN since Aug 1st, 2022 at 0.0610

intermediate term down The intermediate-term trend has been DOWN since Sep 7th, 2023 at 0.0397

short term up 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).

-85
Smart Scan Analysis for ROYL
Strong Downtrend Sideways 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 High0.5Year High Date2018-03-21
Year Low0.1225Year Low Date2018-11-16
52wk High0.073552wk High Date2022-11-07
52wk Low0.0104552wk Low Date2023-07-28
Year End Close2.58Average Volume6,821
Shares Outstanding67,684Short Interest1,022,752
% Institutional5Assets11,752,090M
Liabilities20,272,062MP/E Ratio3.18
Beta2.93Volatility137.18
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