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Royal Bank Of Canada (RY) - Buy, Sell or Hold?

Sector: Finance   Sub-Sector: Commercial Banks
Trade DateCurrent Candlestick PatternPrevious Candlestick PatternWhenPerformance Since
Wed, 11 Oct 2017NoneBearish EngulfingMon, 09 Oct 20171.44%
***Stock database and scans are updated around midnight (New York time) every trading day.
80.29 0.00 (0%) Oct 18 4:02pm EDT
Open: 79.82 Range: 79.78 - 80.45 Vol: 926.65K Avg Vol: 855.52K
EPS: 6.02 P/E ratio: 13.18 EBITDA: 0.00 Mkt Cap: 115.72B
Analyze "RY" - FREE 30 Day Trial of Market Analyst 7
Short Term: Trend is Up
Last Trade is above the 5 day moving average at 78.33
Medium Term: Trend is Up
Last Trade is above the 20 day moving average at 77.02
Last Trade is above the 50 day moving average at 75.27
Long Term: Trend is Up
Last Trade is above the 200 day moving average at 72.55
* Data normalized for Splits & Dividends. Report data issues
How to use this info: Stock Timing With Moving Averages
Daily Chart of RY

Stock Trend Analysis - Buy, Sell or Hold "Royal Bank Of Canada" (RY)?

RY is in a very strong uptrend. In the last 52 weeks, RY has been trading above the 200 day moving average for 100% of the time with an average daily volume of 855.5K shares being traded. In the medium term, the 50 day moving average, currently at 75.27 for RY is also very bullish, indicating good swing trading opportunities for longs. This bullish stance is further reinforced by RY's ability to stay over the 20 day moving average for more than 82.5% of the time in the last 2 months of trading. There is however a possibility of profit taking setting in and it may be prudent to lighten up on strength and re-enter during a retracement. Good places to re-enter RY are at the 50 and 200 SMAs currently at 75.27 and 72.55 respectively. Click here for the latest support & resistance levels to help you finetune your entry into or exit out of "RY".

The analyst consensus estimates for the 1 year price target for this stock is $81.14* (*source: Yahoo Finance).

Objective Technical Analysis by BannRonn TA LogicEngine ver 1.1. Last Updated - Wed, 11 Oct 2017
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