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Stock Trend Analysis Report

Prepared for you on Thursday, June 20, 2024.

Royal Bank Of Canada (NYSE:RY)

Crossroads (-60) - RY is struggling to move into a solid trend. Beware of choppy markets 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.

Open High Low RY Price Change
103.62 103.65 102.83 103.38 -0.43
Entry Signal

MarketClub’s Trade Triangles for RY

long term up The long-term trend has been UP since Dec 6th, 2023 at 92.10

intermediate term down The intermediate-term trend has been DOWN since Jun 14th, 2024 at 102.81

short term down The short-term trend has been DOWN since Jun 5th, 2024 at 107.00

Smart Scan Analysis for RY

Based on our trend formula, RY is rated as a -60 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
103.62 103.65 102.83 103.38 -0.43
Prev. Close Volume Bid Ask Time
103.81 657649 2024-06-20 15:59:34
Year High87.1Year High Date2018-01-22
Year Low69.99Year Low Date2018-11-20
52wk High109.5152wk High Date2024-06-03
52wk Low77.952wk Low Date2023-10-27
Year End Close60.3Average Volume792,492
Shares Outstanding1,452,898Short Interest13,101,345
% Institutional50.2Market Cap112,253M
P/E Ratio13.0628Beta1.23
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