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Royal Bank of Canada

RY.TO Technical Analysis Summary (TSX)

Analyze RY.TO on the TSX with RSI, MACD, ADX, Bollinger Bands, support, resistance, momentum, and the latest technical trading signals.

RY.TO●TSX
Financial ServicesBanks - Diversified
$290.34
$9.06(3.03%)
Canadian Market opens in 4h 27m

Disclaimer for Technical Analysis Page

The technical indicators and trading signals shown on this page are for informational purposes only and do not constitute financial advice. Stock market investments involve risk, and past performance is not a guarantee of future results. Always conduct your own research or consult a licensed financial advisor before making investment decisions.Read our Full Disclaimer

RY.TO Technical Analysis Summary (TSX)

Royal Bank of Canada (TSX: RY.TO) stock currently shows a neutral trend on the TSX, supported by momentum and balanced buying pressure.

Overall Sentiment:Neutral
Momentum:Neutral to Bearish (RSI: 46.40)
Trend Strength:Very Strong (ADX: 41.62)
Volatility:Low (ATR: 4.95)
Support/Resistance:$288.24 – $305.19 (Bollinger Bands)

Technical conditions suggest Royal Bank of Canada on the TSX is awaiting a decisive move. Technical conditions suggest Royal Bank of Canada is consolidating, awaiting a decisive move.

Momentum Indicators

RSI (14): 46.40

Bearish
Below midpoint indicates downward pressure.

Stochastic %K: 30.71

Bearish
Momentum remains weak below midpoint.

Williams %R: -97.85

Bullish
Oversold zone suggests rebound potential.

Rate of Change (ROC): -2.13

Bearish
Selling pressure outweighs buying.

Takeaway:Royal Bank of Canada shows strong bearish momentum, signaling downside pressure.

Trend & Volatility

MACD: 3.20

Bullish
Bullish, trend momentum is strengthening.

ADX: 41.62

Very Strong
Very strong trend, powerful directional momentum.

ATR (14): 4.95

Medium
Medium volatility, healthy price movement.

CCI (14): -139.41

Bearish
Bearish, oversold conditions may spark rebound.

Takeaway:Royal Bank of Canada shows a firm trend supported by momentum, though one signal suggests caution.

Support & Resistance indicators
Bollinger Bands
Upper Band
$305.19
Middle Band (SMA 20)
$296.71
Lower Band
$288.24
Current Position
Within Bands

Takeaway:Royal Bank of Canada trades closer to support, showing weaker momentum within bands.

Keltner Channels
Upper Channel
$304.47
Middle Line (EMA 20)
$294.58
Lower Channel
$284.68
Squeeze Status
Squeeze On

Takeaway:Royal Bank of Canada trades below the trend line, showing weaker momentum inside the channel.

Volume & Money Flow Analysis
On-Balance Volume45.94M
Money Flow Index55.09Neutral, balanced money flows with no clear signal.
Relative Vigor Index58.17Neutral to Bullish, buyers hold a slight edge.

Overall Takeaway:RY.TO shows bullish money flow, with volume and vigor supporting buyers.

Technical Trading Signals Summary
Based on the current technical analysis of Royal Bank of Canada (TSX: RY.TO), here are the key trading signals and recommendations:

Bullish Signals

MACD above 0 → bullish trend confirmation.

ADX above 20 → strong underlying trend.

MFI below 80 → room for more buying without overbought risk.

Bearish Signals

MACD below signal line → short-term caution on momentum.

Overall Recommendation:Technical indicators for Royal Bank of Canada are mixed, suggesting a Hold or wait-and-see approach.

(TSX: RY.TO) Technical Analysis FAQ