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Stock Trend Analysis Report

Prepared for you on Friday, December 1, 2023.

Royal Bank Of Canada (NYSE:RY)

Bull Market Weakness (+75) - RY is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on RY as it may be in the beginning stages of a reversal.

Is it time to buy, sell, or avoid RY?

MarketClub looks at technical strength and momentum to determine if the timing is right for RY.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

Open High Low RY Price Change
89.23 90.54 88.49 90.44 +3.11
Entry Signal

MarketClub’s Trade Triangles for RY

long term down The long-term trend has been DOWN since Sep 7th, 2023 at 88.135

intermediate term up The intermediate-term trend has been UP since Nov 14th, 2023 at 85.720

short term up The short-term trend has been UP since Nov 30th, 2023 at 87.720

Smart Scan Analysis for RY

Based on our trend formula, RY is rated as a +70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

Smart Scan Analysis for RY
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
89.23 90.54 88.49 90.44 +3.11
Prev. Close Volume Bid Ask Time
90.40 1285259 2023-11-30 15:59:49
Year High87.1Year High Date2018-01-22
Year Low69.99Year Low Date2018-11-20
52wk High104.7252wk High Date2023-02-09
52wk Low77.952wk Low Date2023-10-27
Year End Close60.3Average Volume1,059,044
Shares Outstanding1,452,898Short Interest13,101,345
% Institutional50.2Market Cap112,253M
P/E Ratio11.5424Beta1.23
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