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Stock Trend Analysis Report

Prepared for you on Friday, July 26, 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.

TSE_RY
Open High Low RY Price Change
151.76 153.48 151.54 153.10 +1.58
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 up The intermediate-term trend has been UP since Jul 2nd, 2024 at 146.48

short term down The short-term trend has been DOWN since Jul 23rd, 2024 at 152.38

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).

+85
Smart Scan Analysis for RY
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
151.76 153.48 151.54 153.10 +1.58
Prev. Close Volume Bid Ask Time
151.52 5635750 2024-07-26 15:59:53
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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