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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
$288.37
$1.02(0.35%)
Canadian Market opens in 45h 17m

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 Bullish (RSI: 54.15)
Trend Strength:Weak (ADX: 14.64)
Volatility:Low (ATR: 4.44)
Support/Resistance:$278.72 – $292.43 (Bollinger Bands)

Technical conditions suggest Royal Bank of Canada on the TSX is awaiting a decisive move. This mix signals that Royal Bank of Canada is trading in a balanced range with no clear breakout yet.

Momentum Indicators

RSI (14): 54.15

Bullish
Above midpoint suggests upward bias.

Stochastic %K: 57.40

Neutral
Mid-range signal with no clear trend.

Williams %R: -54.23

Neutral
Balanced market without strong signals.

Rate of Change (ROC): 1.29

Bullish
Steady upward momentum.

Takeaway:Royal Bank of Canada shows neutral momentum, with indicators pointing to indecision.

Trend & Volatility

MACD: 1.77

Bullish
Bullish, trend momentum is strengthening.

ADX: 14.64

Weak
Weak trend, market trading sideways.

ATR (14): 4.44

Medium
Medium volatility, healthy price movement.

CCI (14): 34.62

Bullish
Bullish, momentum building upward.

Takeaway:Royal Bank of Canada shows a neutral trend, with weak conviction and limited volatility.

Support & Resistance indicators
Bollinger Bands
Upper Band
$292.43
Middle Band (SMA 20)
$285.58
Lower Band
$278.72
Current Position
Within Bands

Takeaway:Royal Bank of Canada trades closer to resistance, supported by stronger momentum within bands.

Keltner Channels
Upper Channel
$294.78
Middle Line (EMA 20)
$285.91
Lower Channel
$277.04
Squeeze Status
Squeeze On

Takeaway:Royal Bank of Canada trades above the trend line, showing healthy momentum within the channel.

Volume & Money Flow Analysis
On-Balance Volume-4.12M
Money Flow Index71.70Bullish, inflows support continued momentum.
Relative Vigor Index42.14Neutral to Bearish, sellers hold a slight edge.

Overall Takeaway:RY.TO shows mixed signals in money flow analysis.

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

RSI above 50 → positive momentum from buyers.

MACD above 0 → bullish trend confirmation.

Price trading above middle Bollinger Band → mid-term support intact.

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

Bearish Signals

RVI below 50 → vigor tilted toward sellers.

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