Royal Bank Of Canada (RY) has been under a strong bear grip, hence the stock is down -0.37% when compared to the S&P 500 in the past 4 weeks. However, in the near-term, buying emerged at lower levels and the stock has outperformed the S&P 500 by 0.69% in the past 1 week. The stock has continued its bullish performance both in the near-term and the medium-term, as the stock is up 0.63% in the last 1 week, and is up 2.97% in the past 4 weeks. Buying continues as the stock moves higher, suggesting a strong appetite for the stock.
The stock has recorded a 20-day Moving Average of 1.59% and the 50-Day Moving Average is 1.62%. Royal Bank of Canada has dropped 0.87% during the last 3-month period . Year-to-Date the stock performance stands at 17.52%.
Royal Bank Of Canada (NYSE:RY): stock turned positive on Friday. Though the stock opened at $60.64, the bulls momentum made the stock top out at $61.2915 level for the day. The stock recorded a low of $60.47 and closed the trading day at $60.96, in the green by 0.64%. The total traded volume for the day was 1,371,771. The stock had closed at $60.57 in the previous days trading.
Royal Bank of Canada (RBC) is a diversified financial services company. The Company provides personal and commercial banking, wealth management services, insurance, investor services and capital markets products and services on a global basis. It operates in five segments: Personal & Commercial Banking, which operates comprises its personal and business banking operations, as well as its auto financing and retail investment businesses; Wealth Management, which comprises Canadian Wealth Management, United States and International Wealth Management and Global Asset Management (GAM); Insurance, which operates under two business lines: Canadian Insurance and International Insurance; Investor & Treasury Services, which is a provider of asset servicing, custody, payments and treasury services, and Capital Markets, which comprises two business lines: Corporate and Investment Banking and Global Markets. It operates in three geographic segments: Canada, United States and Other International.