Stock Trend Analysis Report
Prepared for you on Monday, October 25, 2021.
Royal Bank Of Canada (TSE:RY)
Countertrend Up (+85) - RY is showing short-term weakness. However, look for the longer-term bullish trend to resume. As always, continue to monitor the trend score and utilize a stop order.
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.
MarketClub’s Trade Triangles for RY
The long-term trend has been UP since Aug 25th, 2020 at 99.40
The intermediate-term trend has been UP since Oct 14th, 2021 at 128.78
The short-term trend has been DOWN since Oct 25th, 2021 at 131.39
Smart Scan Analysis for RY
Based on our trend formula, RY is rated as a +85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|Year High||108.52||Year High Date||2018-01-22|
|Year Low||93.13||Year Low Date||2018-10-26|
|52wk High||108.52||52wk High Date||2018-01-22|
|52wk Low||93.13||52wk Low Date||2018-10-26|
|Year End Close||59.88||Average Volume||2,320,434|