RY.TO
Royal Bank of Canada
$285.42
Tue, Nov 3, 2026 close (weekly items: Fri, Oct 30)
CFL constituent · entry card
APPENDIX · RY.TO · TECHNICAL TRADING SCORECARD
Scores · Trend 36.7
| RS vs TSX (20) + sector (10) | 2.0 + 0.0 = 2.0 / 30 |
| Structure (6 checks) | 20 / 30 |
| Score = (RS + structure) × 100/60 | 36.7 / 100 |
| Raw state (Up ≥ 60 · Down < 45) | Down |
| Confirmation (2 consecutive Fridays) | confirmed Down |
| Trend (confirmed) | Down |
✔ Fri close above 40-wk SMA 6/6 · ✔ 40-wk SMA rising (4 wks) 4/4 · ✖ No lower high vs cycle high 0/5 · ✖ Fri close above 20-wk SMA 0/5 · ✔ Fri close above 200-wk (4-yr) SMA 5/5 · ✔ 4-mo SMA > 13-mo SMA (completed months, to Sep) 5/5
Weekly raw states: 09-25 Neutral → 10-02 Down → 10-09 Down → 10-16 Down → 10-23 Down → 10-30 Down. Coppock, band position, breadth and modifiers no longer enter the Trend score (Coppock chart below is reference only). |
Scores · Trading 70.0
| RS (S&P 20 + sector 10) | 20.0 + 0.0 / 30 |
| Structure | 18 / 25 |
| Coppock (daily) — positive & rising | 25.0 / 25 |
| Band position | 7.0 / 20 |
| Raw | 70.0 (Early Up) |
| Modifiers (10-yr > 5% rising −3, seasonal −2) | +0 |
| Final | 70.0 Early Up |
| ✔ Close above 50-day SMA 5/5 · ✖ 50-day SMA rising (10 d) 0/3 · ✖ Close above 100-day SMA 0/4 · ✔ Close above 200-day SMA 5/5 · ✔ 200-day SMA rising (20 d) 3/3 · ✔ No daily lower high (last two swing highs) 5/5 |
Relative state (weekly RS vs 16-wk SMA + 2-wk slope; daily RS vs 15-d SMA + 3-d slope; Neutral ±0.25%; phase price = next Fri / next close, benchmark flat)
| Horizon · benchmark | State | RS vs SMA | RS chg | Phase-transition price (RY.TO close needed) |
|---|
| Trend · TSX | 5 Established Down (+) → | -0.38% | +2.98% | Est. Up ≥ 322.73 (+13.1%) · Early Up ≥ 284.42 · Est. Down < 282.90 |
| Trend · XFN.TO | 5 Established Down (−) → | -1.67% | -0.75% | Est. Up ≥ 302.80 (+6.1%) · Early Up ≥ 289.21 · Est. Down < 287.68 |
| Trading · TSX | 1 Established Up (+) → | +2.21% | +1.03% | Est. Up ≥ 280.27 (-1.8%) · Est. Down < 252.67 |
| Trading · XFN.TO | 5 Established Down (−) → | -0.39% | -0.09% | Est. Up ≥ 294.07 (+3.0%) · Early Up ≥ 287.18 · Est. Down < 285.65 |
Full bands (cluster rule: 2 or more tools within 3%; Δ vs 285.42)
| Band | Range | Distance | Tools in the cluster |
|---|
| R2 | 302.35–306.38 | +5.9% to +7.3% | wk high 08-21 302.35 · ATH 07-16 306.38 |
| R1 | 289.17–293.87 | +1.3% to +3.0% | wk low 07-31 289.17 · wk high 09-25 290.56 · wk high 09-04 293.87 |
| S1 | 261.69–268.96 | -5.8% to -8.3% | wk low 10-09 268.96 · 40-wk SMA 264.16 · 200-day SMA 263.31 · 50% 261.69 |
| S2 | 246.72–251.15 | -12.0% to -13.6% | 61.8% 251.15 · wk high 04-24 246.72 |
| S3 | 239.02–240.34 | -15.8% to -16.3% | wk high 01-09 240.34 · wk high 02-27 239.27 · wk high 02-13 239.02 |
| ATH | 306.38 | +7.3% | all-time high; Profit-Taking fallback when no 2-tool band sits above the Breakout (extensions no longer used) |
Coppock, breadth and RS (reference only; not in the Trend score)
Stops & phase transitions
- Tier 1 (trading stop): daily close < 261.69 (-8.3%): trading downgrades one state, re-anchor to S2 246.72–251.15.
- Tier 2 (trend stop = Trend Breakdown / invalidation): Friday close < 246.72 (-13.6%): trend downgrades one state, re-anchor to S3 239.02–240.34.
- Trend vs TSX: Est. Up ≥ 322.73 (+13.1%) · above its 16-wk avg ≥ 284.42 · Est. Down < 282.90 (-0.9%) (next Friday, benchmark flat).
- Trading vs TSX: Est. Up ≥ 280.27 · Est. Down < 252.67.
Sluymer context
- Not named in the 15 reports reviewed (Aug 18 – Oct 13, 2026).
Notes & caveats
PAG Canadian Focus List holding, entry card (treated like the US Watchlist). Holdings: issuer file as of 2026-09-01 (RBC PAG "Canadian Equity Grid Fall 2026" (September 2026 – November 2026; canadian_grid_en.pdf; Focus List names and Alternatives by recommended position size), Gmail (sc.assistant80@gmail.com), "USFL and CFL equity grids" from stephen.k.chang@rbc.com, Oct 21, 2026 3:20 PM PT; Focus List weights from the Sep 1, 2026 Canadian Focus List Quarterly report (unchanged)); List weight 5.00%. Benchmarks: S&P/TSX Composite (20 pts) and XFN.TO (10 pts). Trading items and bands use the Tue, Nov 3, 2026 close; trend uses the Fri, Oct 30 week. Entry levels: Buy Zone = breakout retest zone (BUY names only: from the broken level down to the floor of the resistance band it came from, or level −2%, whichever is tighter; a weekly close below = failed breakout); Breakout Buy Level = top of R1; Trend Breakdown (invalidation) = S2 floor on a Friday close; Profit-Taking = next resistance band above the breakout. Verdict: AVOID = Trend Down (confirmed on two Fridays) or Friday close below a falling 40-wk SMA; BUY = a weekly close above a Breakout Buy Level fixed from the prior week's data with ≥2 tools within 3% (most recent such breakout in the last 4 weeks), every Friday close since and the latest close still at or above it, and Trend not Down; WAIT = otherwise. Buy Zone is reference only. Coppock = 10-bar WMA of ROC(14)+ROC(11), standard settings used as a placeholder because his are unpublished; DAS is omitted. Zone = sign + 3-yr percentile; direction = 2 bars. SMAs are simple; swings are 5-bar extremes; the channel is a 2-yr log regression ±2σ. The breadth proxy is the % of 500 current S&P 500 members with a rising weekly Coppock; it has survivorship bias, is a regime input only, and no other stock was scored. Weights are our choices (playbook §10); the state rule matched 86% / 83% of his sector states in-sample. Data: Yahoo Finance (unadjusted); weight from the Portfolio Dashboard (PIM 11/2 EOD, read-only).
