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Stock Trend Analysis Report

Prepared for you on Saturday, May 4, 2024.

Royal Bank Of Canada (TSE: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.

TSE_RY
Open High Low RY Price Change
136.68 138.63 136.36 138.38 +2.64
Entry Signal

MarketClub’s Trade Triangles for RY

long term up The long-term trend has been UP since Dec 5th, 2023 at 124.23

intermediate term down The intermediate-term trend has been DOWN since Apr 16th, 2024 at 134.35

short term up The short-term trend has been UP since May 2nd, 2024 at 134.75

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).

+75
Smart Scan Analysis for RY
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
136.68 138.63 136.36 138.38 +2.64
Prev. Close Volume Bid Ask Time
138.38 2377445 2024-05-03 15:59:56
Year High108.52Year High Date2018-01-22
Year Low93.13Year Low Date2018-10-26
52wk High108.5252wk High Date2018-01-22
52wk Low93.1352wk Low Date2018-10-26
Year End Close59.88Average Volume2,320,434
Volatility18.11Payment Date2019-11-22
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