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Stock Trend Analysis Report
Prepared for you on Friday, July 26, 2024.
Royal Bank Of Canada (NYSE:RY)
Bull Market Weakness (+75) - RY is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on RY as it may be in the beginning stages of a reversal.
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 Jul 1st, 2024 at 106.73
The short-term trend has been DOWN since Jul 23rd, 2024 at 110.95
Smart Scan Analysis for RY
Based on our trend formula, RY is rated as a +75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 109.65 | 111.02 | 109.65 | 110.71 | +1.12 |
| Prev. Close | Volume | Bid | Ask | Time |
| 109.59 | 464960 | 2024-07-26 15:59:50 |
| Year High | 87.1 | Year High Date | 2018-01-22 |
| Year Low | 69.99 | Year Low Date | 2018-11-20 |
| 52wk High | 112.67 | 52wk High Date | 2024-07-19 |
| 52wk Low | 77.9 | 52wk Low Date | 2023-10-27 |
| Year End Close | 60.3 | Average Volume | 1,269,304 |
| Shares Outstanding | 1,452,898 | Short Interest | 13,101,345 |
| % Institutional | 50.2 | Market Cap | 112,253M |
| Assets | 203,105,000M | Liabilities | 190,954,600M |
| P/E Ratio | 13.7901 | Beta | 1.23 |
| Volatility | 20.51 |