Explanation to Bollinger's Bands

Bollinger Bands was created by John Bollinger in the early 1980s, its purpose is to define price action relative to the assets highs and lows. This technical indicator is used to identify buy and sell signals and has proven very well in doing so.

Bollinger Bands consist of a set of three curves drawn in relation to securities prices. The middle band is a measure of the intermediate-term trend, usually a simple moving average, that serves as the base for the upper and lower bands. The interval between the upper and lower bands and the middle band is determined by volatility, typically the standard deviation of the same data that were used for the average. StockInvest.us uses Bollingers suggested 20 day average.

Middle Bollinger Band = 20-period simple moving average
Upper Bollinger Band = Middle Bollinger Band + 2 * 20-period standard deviation
Lower Bollinger Band = Middle Bollinger Band - 2 * 20-period standard deviation

BandWidth defines the current width of the band.
%b defines the current position within the band.

BandWidth = (Upper Bollinger Band - Lower Bollinger Band) / Middle Bollinger Band
%b = (Last - Lower Bollinger Band) / (Upper Bollinger Band - Lower Bollinger Band)

Live Samples:

Bollinger Bottleneck Buy Pattern 1
Bollinger Bottleneck Buy Pattern 2
Bollinger Bottleneck Sell Pattern

Bottlenecks in bandwidth indicate an upcoming change. Break up through the moving average line or continuous movements above the moving average line indicate a break up, and vice versa.

Source: http://www.bollingerbands.com

RSI low/high Values: [ 25 - 75 ]
* StockInvest.us uses dynamically calculated RSI max/min levels to determine when stock is oversold or overbought based on historical behavior.
AI Analysis of RGLD
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Royal Gold, Inc. stock price up 2.20% on Thursday
(Updated on Mar 28, 2024)

Buy candidate since Mar 27, 2024 Gain 2.20% PDF

The Royal Gold, Inc. stock price gained 2.20% on the last trading day (Thursday, 28th Mar 2024), rising from $119.19 to $121.81. During the last trading day the stock fluctuated 2.89% from a day low at $119.00 to a day high of $122.44. The price has fallen in 6 of the last 10 days but is still up by 9.09% over the past 2 weeks. Volume fell on the last day by -200 thousand shares and in total, 612 thousand shares were bought and sold for approximately $74.52 million. You should take into consideration that falling volume on higher prices causes divergence and may be an early warning about possible changes over the next couple of days.

Given the current short-term trend, the stock is expected to fall -7.79% during the next 3 months and, with a 90% probability hold a price between $90.14 and $112.32 at the end of this 3-month period. Do note, that if the stock price manages to stay at current levels or higher, our prediction target will start to change positively over the next few days as the conditions for the current predictions will be broken.

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RGLD Signals & Forecast

The Royal Gold, Inc. stock holds buy signals from both short and long-term Moving Averages giving a positive forecast for the stock. Also, there is a general buy signal from the relation between the two signals where the short-term average is above the long-term average. On corrections down, there will be some support from the lines at $113.33 and $109.76. A breakdown below any of these levels will issue sell signals. A buy signal was issued from a pivot bottom point on Wednesday, February 28, 2024, and so far it has risen 20.25%. Further rise is indicated until a new top pivot has been found. Volume fell during the last trading day despite gaining prices. This causes a divergence between volume and price and it may be an early warning. The stock should be watched closely. Some negative signals were issued as well, and these may have some influence on the near short-term development. Furthermore, there is currently a sell signal from the 3 month Moving Average Convergence Divergence (MACD).

Support, Risk & Stop-loss for Royal Gold, Inc. stock

Royal Gold, Inc. finds support from accumulated volume at $119.19 and this level may hold a buying opportunity as an upwards reaction can be expected when the support is being tested.

This stock has average movements during the day and with good trading volume, the risk is considered to be medium. During the last day, the stock moved $3.44 between high and low, or 2.89%. For the last week, the stock has had daily average volatility of 3.08%.

Our recommended stop-loss: $115.94 (-4.82%) (This stock has medium daily movements and this gives medium risk. There is a buy signal from a pivot bottom found 21 days ago.)

Trading Expectations (RGLD) For The Upcoming Trading Day Of Monday 1st

For the upcoming trading day on Monday, 1st we expect Royal Gold, Inc. to open at $121.08, and during the day (based on 14 day Average True Range), to move between $118.48 and $125.14, which gives a possible trading interval of +/-$3.33 (+/-2.73%) up or down from last closing price. If Royal Gold, Inc. takes out the full calculated possible swing range there will be an estimated 5.46% move between the lowest and the highest trading price during the day.

Since the stock is closer to the resistance from accumulated volume at $122.47 (0.54%) than the support at $119.19 (2.15%), our systems don't find the trading risk/reward intra-day attractive and any bets should be held until the stock is closer to the support level.

Is Royal Gold, Inc. stock A Buy?

Several short-term signals are positive, despite the stock being in a falling trend, we conclude that the current level may hold a buying opportunity as there is a fair chance for stock to perform well in the short-term.

Current score: 2.396 Buy Candidate Unchanged

Predicted Opening Price for Royal Gold, Inc. of Monday, April 1, 2024

Fair opening price April 1, 2024 Current price
$121.08 ( 0.597%) $121.81

The predicted opening price is based on yesterday's movements between high, low, and closing price.

Trading levels for RGLD

Fibonacci Support & Resistance Levels

Level Price
Resistance R3 124.52 2.23 %
R2 123.21 1.15 %
R1 122.40 0.482 %
Current price: 121.81
Support S1 119.77 -1.68 %
S2 118.96 -2.34 %
S3 117.64 -3.42 %

Accumulated Volume Support & Resistance Levels

Level Price
Resistance R3 0 .
R2 0 .
R1 122.47 0.542 %
Current price 121.81
Support S1 119.19 -2.15%
S2 111.54 -8.43%
S3 109.27 -10.29%

RGLD Dividend Payout History


# Declaration Date Ex-Date Pay Date Amount Yield
1 Feb 29, 2024 Apr 04, 2024 Apr 19, 2024 $0.400 0.328%
2 Nov 14, 2023 Jan 04, 2024 Jan 19, 2024 $0.400 0.344%
3 Aug 22, 2023 Oct 05, 2023 Oct 20, 2023 $0.375 0.340%
4 May 24, 2023 Jul 06, 2023 Jul 21, 2023 $0.375 0.308%
5 Mar 02, 2023 Apr 05, 2023 Apr 21, 2023 $0.375 0.288%

FAQ

What is the symbol for Royal Gold, Inc. Stock and on which exchange is it traded?
The symbol for Royal Gold, Inc. is RGLD and it is traded on the NASDAQ (NASDAQ Stock Exchange).

Should I buy or sell Royal Gold, Inc. Stock?
Several short-term signals are positive, despite the stock being in a falling trend, we conclude that the current level may hold a buying opportunity as there is a fair chance for stock to perform well in the short-term.

How to buy Royal Gold, Inc. Stock?
Royal Gold, Inc. Stock can be purchased through just about any brokerage firm, including online brokerage services.
Click here for our free guide on how to buy Royal Gold, Inc. Stock.

What's the current price of Royal Gold, Inc. Stock?
As of the end of day on the 2024-03-28, the price of an Royal Gold, Inc. (RGLD) share was $121.81.

What is the 52-week high and low for Royal Gold, Inc. Stock?
The 52-week high for Royal Gold, Inc. Stock is $147.80 and the 52-week low is $100.55.

What is the market capitalization of Royal Gold, Inc. Stock?
As of the 2024-03-28, the market capitalization of Royal Gold, Inc. is 8.002B.

When is the next earnings date for Royal Gold, Inc.?
The upcoming earnings date for Royal Gold, Inc. is May 01, 2024.
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About Royal Gold, Inc.

Royal Gold. Royal Gold, Inc., together with its subsidiaries, acquires and manages precious metal streams, royalties, and related interests. It focuses on acquiring stream and royalty interests or to finance projects that are in production or in development stage in exchange for stream or royalty interests, which primarily consists of gold, silver, copper, nickel, zinc, lead, and cobalt. As of June 30, 2021, the company owned interests in 187 properties on f... RGLD Profile

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