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Stock Trend Analysis Report
Prepared for you on Friday, October 4, 2024.
Royal Bank Of Canada (NYSE:RY)
Sidelines Mode (+55) - RY is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.
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.
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MarketClub’s Trade Triangles for RY
The long-term trend has been UP since Dec 6th, 2023 at 92.10
The intermediate-term trend has been UP since Aug 19th, 2024 at 112.52
The short-term trend has been DOWN since Oct 1st, 2024 at 123.72
Smart Scan Analysis for RY
Based on our trend formula, RY is rated as a +55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 122.510 | 122.535 | 120.960 | 121.390 | -1.500 |
| Prev. Close | Volume | Bid | Ask | Time |
| 121.390 | 552467 | 2024-10-03 15:59:22 |
| Year High | 87.1 | Year High Date | 2018-01-22 |
| Year Low | 69.99 | Year Low Date | 2018-11-20 |
| 52wk High | 125.28 | 52wk High Date | 2024-10-01 |
| 52wk Low | 77.9 | 52wk Low Date | 2023-10-27 |
| Year End Close | 60.3 | Average Volume | 639,453 |
| Shares Outstanding | 1,452,898 | Short Interest | 13,101,345 |
| % Institutional | 50.2 | Market Cap | 112,253M |
| Assets | 207,610,700M | Liabilities | 195,171,600M |
| P/E Ratio | 15.1212 | Beta | 1.23 |
| Volatility | 20.51 |