Royal Bank Of Canada Technical Analysis (NYSE:RY)
Technical analysis is the study of stock price and volume data through technical charts. This analysis does not take into account the intrinsic value of a stock. The Royal Bank Of Canada stock price data and volume are plotted in RY stock charts and these trading charts form the basis of technical analysis.
See Royal Bank Of Canada bollinger bands, SMA - 200 day moving average, 50 day moving average and exponential moving averages. The technical analysis form of Royal Bank Of Canada stock analysis tries to understand the market by studying the stock market trend itself as opposed to other aspects like the company's fundamentals.
Royal Bank Of Canada Moving Average
Moving averages show the RY stock price trend. The two most popular types of moving averages are the Simple Moving Average or SMA and the Exponential Moving Average or EMA. A key factor that impacts moving averages is the lag factor. The 20 day moving average of $81.58 is above the price of $81.27.
Royal Bank Of Canada Bollinger Bands
Bollinger bands consist of two price bands above and below a center line for any company stock like Royal Bank Of Canada. The tightening of bands is considered by most traders to be a precursor to sudden increase in volatility. Currently the stock price of $81.27 is in the lower range of Royal Bank Of Canada bollinger bands.
Royal Bank Of Canada Moving Average Convergence Divergence or MACD
The moving average convergence divergence or MACD is a technical indicator which helps gauge the stock price trend, as the indicator is useful in understanding the strength, direction and momentum of the stock price. The Royal Bank Of Canada MACD line is below the signal line.
Royal Bank Of Canada Relative Strength Index
The relative strength index compares the magnitude of recent gains to recent losses and is a momentum indicator. It attempts to assess overbought and oversold conditions of a stock. 40.42 is the RSI value of RY stock.