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Stock Trend Analysis Report
Prepared for you on Tuesday, October 22, 2024.
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.
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MarketClub’s Trade Triangles for RY
The long-term trend has been UP since Dec 5th, 2023 at 124.23
The intermediate-term trend has been UP since Oct 11th, 2024 at 169.39
The short-term trend has been DOWN since Oct 22nd, 2024 at 172.16
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).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 172.31 | 173.17 | 171.59 | 172.89 | -0.12 |
| Prev. Close | Volume | Bid | Ask | Time |
| 173.01 | 1662431 | 2024-10-22 15:57:51 |
| 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 |
| Volatility | 18.11 | Payment Date | 2019-11-22 |