Royal Bank Technical Analysis Overview

RY -- Canada Stock  

CAD 102.90  0.10  0.1%

Royal Bank of Canada holds Coefficient Of Variation of 864.41, Semi Deviation of 0.5154 and Risk Adjusted Performance of 0.0568. Compared with Fundamental Indicators, Macroaxis technical analysis interface allows you to check existing technical drivers of Royal Bank as well as the relationship between them. In other words you can use this information to find out if the company will indeed mirror its model of past market data or the prices will eventually revert. We found nineteen technical drivers for Royal Bank of which can be compared to its competitors. Please check Royal Bank of Standard Deviation as well as the relationship between Maximum Drawdown and Expected Short fall to decide if Royal Bank of is priced some-what accurately providing market reflects its current price of 102.9 per share.
 Time Horizon     30 Days    Login   to change

Royal Bank of Technical Analysis

Time Period
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Incorrect Input. Please change your parameters or increase the time horizon required for running this function. The output start index for this execution was zero with a total number of output elements of zero. The Average True Range was developed by J. Welles Wilder in 1970s. It is one of components of the Welles Wilder Directional Movement indicators. The ATR is a measure of Royal Bank of volatility. High ATR values indicate high volatility, and low values indicate low volatility. View also all equity analysis or get more info about average true range volatility indicators indicator.

Royal Bank of Trend Analysis

Use this graph to draw trend lines for Royal Bank of Canada. You can use it to identify possible trend reversals for Royal Bank as well as other signals and approximate when it will take place. Remember, you need at least two touches of the trend line with actual Royal Bank price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.

Royal Bank Best Fit Change Line

The following chart estimates an ordinary least squares regression model for Royal Bank of Canada applied against its price change over selected period. The best fit line has a slop of 0.07 % which means Royal Bank of Canada will continue generating value for investors. It has 34 observation points and a regression sum of squares at 4.15, which is the sum of squared deviations for the predicted Royal Bank price change compared to its average price change.

Current Sentiment - RY

Royal Bank of Investor Sentiment
Most of Macroaxis users are at this time bullish on Royal Bank of Canada. What is your perspective on investing in Royal Bank of Canada? Are you bullish or bearish?
98% Bullish
2% Bearish

Royal Bank Market Strength

Royal Bank August 20, 2018 Daily Price Condition
Additionally take a look at Your Equity Center. Please also try Portfolio Backtesting module to avoid under-diversification and over-optimization by backtesting your portfolios.