RY technical analysis
RY Technical Analysis
Analysis date
July 15, 2026
Market
NYSE (USD)
Daily cutoff
July 14, 2026
Reliability
Passed
Informational use only. This page is not investment advice.
Data verification
RY Data Verification
Cross-validating the latest completed daily bar across independent sources.
- Symbol
- RY
- Market
- NYSE
- Currency
- USD (US Dollar)
- Latest completed bar
- July 14, 2026
No adjustment factor (adjusted close equals raw close within tolerance). RY pays a quarterly dividend (most recent ex-date July 27, 2026, $1.76/share). Dividend adjustments are incorporated through the adjusted close price.
| Source | Latest Close | Date | Difference | Status |
|---|---|---|---|---|
| Yahoo Finance Chart API (primary) | 214.04 | July 14, 2026 | - | Verified |
| Finviz (independent) | 214.04 | July 14, 2026 (previous close) | 0.00% | Verified |
Bottom line
RY Technical Analysis Summary
RY (Royal Bank of Canada) shows a strong technical profile with bullish alignment across multiple timeframes. On the daily chart, price at 214.04 is well above SMA20 (205.46), SMA50 (194.84), and SMA200 (170.02), confirming a clear uptrend. RSI14 at 73.32 is in overbought territory, reflecting strong buying momentum. The daily MACD shows the MACD line at 4.52 above the signal line at 2.83 with a positive histogram at 1.69, indicating accelerating bullish momentum. The weekly timeframe confirms the long-term trend: price is firmly above all major SMAs with weekly RSI at 74.18 and a bullish MACD. The stock has rallied 25.54% year-to-date and 62.37% over the past year, recently breaking to a new 52-week high of 214.48. The strong uptrend is supported by the Canadian bank sector benefiting from higher interest rates and strong capital markets performance, as evidenced by RY record Q2 2026 earnings. Key support lies at SMA20 (205.46) and the 20-day low of 204.00. A pullback to these levels would represent a normal correction within the broader uptrend. The overbought RSI reading suggests the stock may consolidate or pull back in the near term before continuing higher.
Multi-timeframe dashboard
Multi-Timeframe Technical Dashboard
Comparing daily (2-year) and weekly (5-year) perspectives to identify aligned or conflicting signals.
Daily (July 14, 2026)
- Trend
- Strongly bullish. Price at 214.04 is well above SMA20 (205.46, +4.18%), SMA50 (194.84, +9.86%), and SMA200 (170.02, +25.89%). All key moving averages are sloping upward, with the shorter-term MAs above the longer-term ones, creating a textbook bullish alignment. The stock recently broke out to a new 52-week high of 214.48, confirming trend strength.
- Momentum
- Bullish but overbought. RSI14 at 73.32 is above the overbought threshold of 70, indicating strong buying momentum that has pushed the stock to extended levels. MACD line at 4.52 is above the signal line at 2.83, and the histogram at 1.69 is positive and rising, indicating accelerating bullish momentum. The overbought RSI warrants caution as it increases the probability of a consolidation or mean-reversion pullback.
- Volatility
- Moderate. ATR14 at 3.12 (1.46% of price) suggests moderate daily fluctuations. Bollinger Bands (198.02 to 215.90) show price testing the upper band, consistent with a strong trending move. Band width is moderate, indicating normal volatility conditions.
- Volume
- Near average. Latest volume of 1,643,972 is 102.0% of the 20-period average (1,611,768), indicating normal participation levels. The recent rally has been supported by average to above-average volume, which is a healthy sign for trend sustainability.
Assessment
The daily chart presents a textbook strong uptrend with bullish alignment across all indicators. Price is above all key moving averages, the MACD is positive and accelerating, and the stock is making new highs. The only caution is the overbought RSI reading at 73.32, which suggests the stock may be due for a consolidation or pullback in the near term. However, in strong trends, overbought conditions can persist for extended periods. The key level to watch is SMA20 support at 205.46. As long as price holds above this level, the short-term trend remains intact. A close below SMA20 would be the first sign of trend weakening.
Weekly (July 6, 2026 week)
- Trend
- Strongly bullish. Price at 213.87 is above SMA20 (192.45), SMA50 (167.82), and SMA200 (141.35). The consistent bullish alignment across all weekly moving averages confirms a structural long-term uptrend. The stock has been in a sustained uptrend for over two years, with the current rally accelerating since the 2025 lows.
- Momentum
- Bullish. Weekly RSI14 at 74.18 is in overbought territory, consistent with a sustained uptrend. The weekly MACD is firmly bullish with the MACD line at 12.53 above the signal line at 8.28, and a positive histogram at 4.25 that continues to expand. Bullish momentum is strong and intact across the weekly timeframe.
- Volatility
- Moderate. Weekly ATR14 at 5.21 (2.44% of price) reflects typical weekly ranges for a large-cap bank stock. Bollinger Bands (182.60 to 221.40) show price near the upper band, consistent with the ongoing uptrend.
- Volume
- Near average. Weekly volume is consistent with the 20-week average, indicating that the uptrend is supported by sustained investor participation rather than speculative spikes.
Assessment
The weekly chart confirms a structural uptrend with all key indicators in bullish alignment. Price is above all major SMAs, weekly RSI is bullish (though elevated at 74.18), and the MACD is firmly positive and expanding. The 52-week position at approximately 99.5% reflects that the stock is trading near the top of its annual range, which in the context of a strong trend is a normal condition. The multi-year trend remains intact, supported by strong fundamentals at Royal Bank of Canada including record earnings, robust capital markets performance, and a strong dividend growth track record. The primary risk is that the stock is extended after a 25.54% year-to-date rally, making it vulnerable to profit-taking or broader market corrections.
Key indicators
RY Key Technical Indicators
RSI, MACD, moving averages, ATR, and Bollinger Bands across daily and weekly timeframes.
| Indicator | Daily | Weekly |
|---|---|---|
| RSI (14) | 73.32 | 74.18 |
| MACD (12, 26, 9) | 4.52 / 2.83 / 1.69 | 12.53 / 8.28 / 4.25 |
| ATR (14) | 3.12 (1.46%) | 5.21 (2.44%) |
| Bollinger Bands (20, 2) | 198.02 - 215.90 | 182.60 - 221.40 |
| SMA (20) | 205.46 | 192.45 |
| SMA (50) | 194.84 | 167.82 |
| SMA (200) | 170.02 | 141.35 |
Price structure
RY Price Structure and Returns
Price performance across multiple lookback periods and 52-week position.
| Metric | Daily | Weekly |
|---|---|---|
| Current Price | 214.04 | 213.87 |
| 1-Period Return | +1.59% | +2.38% |
| 5-Period Return | +2.39% | +7.41% |
| 20-Period Return | +4.18% | +23.25% |
| 60-Period Return | +23.05% | +26.51% |
| 252-Period Return | +62.37% | +107.95% |
| 52-Week Low | 127.38 | 127.38 |
| 52-Week High | 214.48 | 214.48 |
| 52-Week Position | 99.50% | 99.50% |
Key levels
RY Support and Resistance Levels
Key price levels based on recent swing highs and lows across daily and weekly timeframes.
| Level | Daily | Weekly |
|---|---|---|
| 20-Period High | 214.48 | 214.48 |
| 20-Period Low | 204.00 | 189.50 |
| 60-Period High | 214.48 | 214.48 |
| 60-Period Low | 170.60 | 127.38 |
Scenarios
RY Technical Scenarios
Conditions, invalidation triggers, and what to watch for each scenario.
Bullish
Trigger
The stock continues its uptrend by holding above SMA20 (205.46) and making higher highs above 214.48. A continued positive earnings trajectory and supportive macroeconomic conditions for Canadian banks would further fuel the rally.
Invalidation
A close below SMA20 (205.46) on above-average volume, followed by a break of the 20-day low at 204.00.
What to watch
Daily RSI staying above 60 even during pullbacks; MACD histogram continuing to expand; volume confirming each new high; the stock holding above SMA50 (194.84) on any significant pullback.
Range-Bound
Trigger
Price consolidates between SMA20 support (205.46) and the recent high (214.48), digesting the recent strong gains. RSI retreats from overbought levels toward 50-60 as the stock builds a base for the next leg higher.
Invalidation
A decisive break above 214.48 with strong volume, or a breakdown below 204.00 with increasing selling pressure.
What to watch
RSI returning to the 50-65 range; MACD histogram flattening near zero; volume declining during the consolidation; the stock establishing a clear support level above SMA50.
Bearish
Trigger
A broader market correction or sector-specific headwinds (such as Canadian housing weakness, tariff impacts, or credit deterioration) cause profit-taking. Price breaks below SMA20 (205.46) and the 20-day low (204.00), targeting SMA50 support at 194.84.
Invalidation
Price reclaims and holds above SMA20 (205.46) within a few days of the breakdown, forming a higher low above 204.00.
What to watch
Daily RSI falling below 60 and toward 50; MACD histogram turning negative; volume increasing on down days; any negative news on Canadian banking sector, credit quality, or interest rate expectations.
Methodology
Methodology and Limitations
This technical analysis uses adjusted closing prices from Yahoo Finance (primary) and Finviz (independent cross-validation). The daily analysis covers approximately 2 years (501 completed bars) ending July 14, 2026. The weekly analysis covers approximately 5 years (261 completed bars) ending the week of July 6, 2026. Prices are adjusted for dividends and stock splits using the adjusted close/raw close ratio. Volume data is from the primary source and may not match other data providers. Technical indicators include SMA, RSI, MACD, ATR, and Bollinger Bands using standard parameters. Key levels are identified from recent swing highs and lows. Technical analysis studies historical price patterns and does not constitute investment advice. It should not be used as the sole basis for trading decisions.
Frequently Asked Questions
This technical analysis is for informational and educational purposes only. It does not constitute investment advice, a recommendation, or a solicitation to buy or sell any security. Past performance and historical patterns are not guarantees of future results. All investments carry risk, including the potential loss of principal. Always conduct your own research and consult with a qualified financial advisor before making investment decisions.
Data sourced from Yahoo Finance (primary) and Finviz (independent cross-validation). Data cutoffs: daily July 14, 2026, weekly July 6, 2026 week. Generated July 15, 2026.
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