Stock Trend Analysis Report
Prepared for you on Monday, April 6, 2020.
Royal Bank Of Canada (TSE:RY)
Long-Term Downtrend (-90) - RY is in a strong downtrend that is likely to continue. While RY is showing intraday strength, it remains in the confines of a bearish trend. Traders should use caution and set stops.
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 DOWN since Feb 27th, 2020 at 102.46
The intermediate-term trend has been DOWN since Feb 26th, 2020 at 104.74
The short-term trend has been DOWN since Mar 30th, 2020 at 81.11
Smart Scan Analysis for RY
Based on our trend formula, RY is rated as a -90 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|