Royal Bank of Canada is one of the two largest banks in Canada, with around CAD 2... Show more
Royal Bank of Canada (RY), Canada's largest bank by market capitalization, provides personal and commercial banking, wealth management, insurance, and capital markets services globally. Its diversified business model spans retail banking, investment management, and institutional services, with significant exposure to North American markets. As a leader in the Canadian banking sector, RY holds a dominant position among the "Big Six" banks, benefiting from a strong balance sheet, high return on equity, and extensive client base. These fundamentals, including consistent revenue growth from fee-based businesses, explain resilience despite recent stock price pressure, as investors value its scale and premium growth potential.
Over the last 30 days, RY stock fell -6.1%, closing at $160.33 on March 19, 2026, from $170.75 around February 18. The movement was volatile and trend-driven downward, with a peak near $173.64 mid-February followed by steady declines, trading in a $160-$166 range recently.
For the past quarter, the stock dropped -6.2%, from $170.91 around December 20, 2025, reflecting an overall downtrend after early-year highs up to $175.46 in February. Performance showed volatility, with spikes post-earnings but range-bound consolidation below 52-week highs amid financial sector trends.
The 30-day decline followed a post-earnings peak after Q1 2026 results on February 26, which reported record $5.8 billion net income and $18 billion revenue, beating estimates. Shares initially surged but faced profit-taking as investors digested higher provisions for credit losses and broader bank sector weakness. Macroeconomic influences, including interest rate uncertainty and Canadian housing market concerns, shifted sentiment. Analyst views remained positive, with upgrades like Scotiabank raising targets, but short-term volatility prevailed amid elevated valuations post-rally. No major company-specific negative news emerged; the pullback aligned with market trends in financial stocks.
The quarterly downtrend masked strong underlying performance, anchored by exceptional Q1 earnings with 14% pre-provision pretax growth and segments like capital markets and wealth management hitting records. Earlier Q4 2025 results also boosted shares with 25% adjusted net income growth. However, sustained upward momentum faded due to macroeconomic headwinds: persistent inflation, potential rate cuts impacting net interest margins, and regulatory scrutiny in Canadian banking. Institutional flows remained supportive, but broader sector developments, including competitive pressures and economic divergence between U.S. and Canada, contributed to the net decline. Cumulative impact favored fundamentals over short-term sentiment shifts.
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Investors should monitor upcoming Q2 2026 earnings around late May, focusing on net interest income trends and credit loss provisions amid economic shifts. Industry developments in wealth management and capital markets will signal sustained growth. Macro factors like Bank of Canada rate decisions, U.S. economic data, and inflation readouts could sway sentiment. Strategic moves, including AI investments and dividend policy, alongside regulatory changes in housing finance, pose both risks and catalysts. Competitive dynamics among peers and institutional ownership shifts merit attention for potential volatility in stock price.
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The Moving Average Convergence Divergence (MACD) for RY turned positive on April 01, 2026. Looking at past instances where RY's MACD turned positive, the stock continued to rise in of 45 cases over the following month. The odds of a continued upward trend are .
The Momentum Indicator moved above the 0 level on April 01, 2026. You may want to consider a long position or call options on RY as a result. In of 74 past instances where the momentum indicator moved above 0, the stock continued to climb. The odds of a continued upward trend are .
RY moved above its 50-day moving average on April 08, 2026 date and that indicates a change from a downward trend to an upward trend.
The 10-day moving average for RY crossed bullishly above the 50-day moving average on April 14, 2026. This indicates that the trend has shifted higher and could be considered a buy signal. In of 15 past instances when the 10-day crossed above the 50-day, the stock continued to move higher over the following month. The odds of a continued upward trend are .
Following a 3-day Advance, the price is estimated to grow further. Considering data from situations where RY advanced for three days, in of 356 cases, the price rose further within the following month. The odds of a continued upward trend are .
The RSI Indicator demonstrates that the ticker has stayed in the overbought zone for 7 days. The longer the ticker stays in the overbought zone, the sooner a price pull-back is expected.
The Stochastic Oscillator demonstrated that the ticker has stayed in the overbought zone for 11 days. The longer the ticker stays in the overbought zone, the sooner a price pull-back is expected.
Following a 3-day decline, the stock is projected to fall further. Considering past instances where RY declined for three days, the price rose further in of 62 cases within the following month. The odds of a continued downward trend are .
RY broke above its upper Bollinger Band on April 08, 2026. This could be a sign that the stock is set to drop as the stock moves back below the upper band and toward the middle band. You may want to consider selling the stock or exploring put options.
The Aroon Indicator for RY entered a downward trend on April 07, 2026. This could indicate a strong downward move is ahead for the stock. Traders may want to consider selling the stock or buying put options.
The Tickeron SMR rating for this company is (best 1 - 100 worst), indicating very strong sales and a profitable business model. SMR (Sales, Margin, Return on Equity) rating is based on comparative analysis of weighted Sales, Income Margin and Return on Equity values compared against S&P 500 index constituents. The weighted SMR value is a proprietary formula developed by Tickeron and represents an overall profitability measure for a stock.
The Tickeron Profit vs. Risk Rating rating for this company is (best 1 - 100 worst), indicating low risk on high returns. The average Profit vs. Risk Rating rating for the industry is 30, placing this stock better than average.
The Tickeron PE Growth Rating for this company is (best 1 - 100 worst), pointing to consistent earnings growth. The PE Growth rating is based on a comparative analysis of stock PE ratio increase over the last 12 months compared against S&P 500 index constituents.
The Tickeron Price Growth Rating for this company is (best 1 - 100 worst), indicating fairly steady price growth. RY’s price grows at a lower rate over the last 12 months as compared to S&P 500 index constituents.
The Tickeron Seasonality Score of (best 1 - 100 worst) indicates that the company is fair valued in the industry. The Tickeron Seasonality score describes the variance of predictable price changes around the same period every calendar year. These changes can be tied to a specific month, quarter, holiday or vacation period, as well as a meteorological or growing season.
The Tickeron Valuation Rating of (best 1 - 100 worst) indicates that the company is significantly overvalued in the industry. This rating compares market capitalization estimated by our proprietary formula with the current market capitalization. This rating is based on the following metrics, as compared to industry averages: RY's P/B Ratio (2.683) is slightly higher than the industry average of (1.478). P/E Ratio (17.038) is within average values for comparable stocks, (13.385). Projected Growth (PEG Ratio) (2.296) is also within normal values, averaging (3.341). Dividend Yield (0.025) settles around the average of (0.039) among similar stocks. P/S Ratio (5.157) is also within normal values, averaging (3.786).
The average fundamental analysis ratings, where 1 is best and 100 is worst, are as follows
a major bank
Industry MajorBanks