Royal Bank Of Canada (RY) Shares are Down -2.16%

Royal Bank Of Canada (RY) has risen sharply, recording gains of 2% in the past 4 weeks. However, the stock has corrected -2.16% in the past 1 week, providing a good buying opportunity on dips. Royal Bank Of Canada (RY) : During the past 4 weeks, traders have been relatively bearish on Royal Bank Of Canada (RY), hence the stock is down -4.45% when compared to the S&P 500 during the same period. However, in the past 1 week, the selling of the stock is down by -2.76% relative to the S&P 500.

Royal Bank Of Canada (NYSE:RY): The stock opened at $60.86 on Friday but the bulls could not build on the opening and the stock topped out at $61.11 for the day. The stock traded down to $60.35 during the day, due to lack of any buying support eventually closed down at $60.58 with a loss of -0.39% for the day. The stock had closed at $60.82 on the previous day. The total traded volume was 826,540 shares.


The stock has recorded a 20-day Moving Average of 0.65% and the 50-Day Moving Average is 0.22%. Royal Bank of Canada has dropped 1.11% during the last 3-month period . Year-to-Date the stock performance stands at 15.61%.

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.

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