Title
by Americanbulls.com LLC
Last Update
21/03/2019
RY-PH.TO
RYL BNK CND NON CUM 5 YR SRS BB PRF
Last Signal: SELL
Last Pattern: BEARISH MEETING LINE
Last Close:
19.4600
Change:
-0.1700
Percent change
-0.87%
Signal Update
Our system’s recommendation today is to SELL. The BEARISH MEETING LINE pattern finally received a confirmation because the prices crossed below the confirmation level which was at 19.5500, and our valid average selling price stands now at 19.5100. The previous BUY signal was issued on 14/03/2019, 7 days ago, when the stock price was 19.4900. Since then RY-PH.TO has risen by +0.10%.
Market Outlook
The market ran out of steam and the traders are now more in agreement about the bearishness. The evidence is strong enough to prompt the closing of long positions. The bearish pattern that was previously identified is finally confirmed and a SELL signal is generated. You still have time to follow the signal and then you may start checking other securities for a bullish bet. more...


Candlestick Pattern Chart
The chart showing Series 1 series.
Pattern Description
This pattern occurs during an uptrend. The first day’s white candlestick is followed by a black candlestick that opens sharply higher and closes at the same level as the prior session’s close. It is similar to the Dark Cloud Cover pattern. However, the amount the second day drops is different. The Dark Cloud Cover’s second day closes below the midpoint of the first day’s body, while the second day the Bearish Meeting Line closes the same as the first day. Consequently, the Dark Cloud Cover is a more significant top reversal. Nonetheless, the Bearish Meeting Line should also be respected. more...
Signal History
Date 
Price 
Signal 
 
CAD100⇨ 
21/03/201919.5100SELL 128.69
14/03/201919.4900BUY 128.88
07/03/201919.4600SHORT 129.73
01/03/201919.9000BUY 133.33
27/02/201919.8100SELL 133.66
01/02/201919.4900BUY 131.83
15/01/201920.5900SELL 132.16
28/12/201818.5100BUY 119.11
04/12/201820.8900SHORT 107.46
28/11/201820.9100BUY 108.10
02/11/201822.6900SHORT 100.74
31/10/201822.6350BUY 101.00
11/10/201823.7700SELL 101.25
26/09/201823.3600BUY 99.75
† Trade commissions are taken as 0.25%.
Date 
Price 
Signal 
 
CAD100⇨ 
21/03/201919.5100SELL 116.11
14/03/201919.4900BUY 116.28
07/03/201919.4600SHORT 117.04
01/03/201919.9000BUY 120.29
27/02/201919.8100SELL 120.59
01/02/201919.4900BUY 118.94
15/01/201920.5900SELL 119.24
28/12/201818.5100BUY 107.46
04/12/201820.8900SHORT 96.95
28/11/201820.9100BUY 97.53
02/11/201822.6900SHORT 90.89
31/10/201822.6350BUY 91.12
11/10/201823.7700SELL 91.35
26/09/201823.3600BUY 90.00
10/09/201823.4300SHORT 90.18
23/08/201823.6400BUY 91.44
07/08/201823.6500SELL 91.67
30/07/201823.7150BUY 92.15
24/07/201823.8000SELL 92.38
20/07/201823.9100BUY 93.04
17/07/201823.7000SELL 93.27
03/07/201823.5700BUY 92.99
26/06/201823.5500SELL 93.22
13/06/201823.5700BUY 93.53
11/06/201823.4600SHORT 94.44
07/06/201823.5700BUY 95.36
24/05/201823.7700SELL 95.60
01/05/201823.1000BUY 93.14
25/04/201822.9400SHORT 94.26
19/04/201823.2100BUY 95.85
16/04/201823.1100SHORT 96.75
10/04/201823.1700BUY 97.49
03/04/201823.1300SHORT 98.15
28/03/201823.3900BUY 99.75
† Trade commissions are taken as 0.25%.
Date 
Price 
Signal 
 
CAD100⇨ 
21/03/201919.5100SELL 113.19
14/03/201919.4900BUY 113.36
07/03/201919.4600SHORT 114.10
01/03/201919.9000BUY 117.27
27/02/201919.8100SELL 117.56
01/02/201919.4900BUY 115.95
15/01/201920.5900SELL 116.24
28/12/201818.5100BUY 104.76
04/12/201820.8900SHORT 94.52
28/11/201820.9100BUY 95.09
02/11/201822.6900SHORT 88.62
31/10/201822.6350BUY 88.85
11/10/201823.7700SELL 89.07
26/09/201823.3600BUY 87.75
10/09/201823.4300SHORT 87.93
23/08/201823.6400BUY 89.16
07/08/201823.6500SELL 89.38
30/07/201823.7150BUY 89.85
24/07/201823.8000SELL 90.08
20/07/201823.9100BUY 90.72
17/07/201823.7000SELL 90.95
03/07/201823.5700BUY 90.68
26/06/201823.5500SELL 90.91
13/06/201823.5700BUY 91.22
11/06/201823.4600SHORT 92.11
07/06/201823.5700BUY 93.01
24/05/201823.7700SELL 93.24
01/05/201823.1000BUY 90.84
25/04/201822.9400SHORT 91.94
19/04/201823.2100BUY 93.49
16/04/201823.1100SHORT 94.37
10/04/201823.1700BUY 95.09
03/04/201823.1300SHORT 95.73
28/03/201823.3900BUY 97.29
19/03/201823.5500SELL 97.53
13/03/201823.7300BUY 98.52
06/03/201823.5100SHORT 99.95
27/02/201823.5900BUY 100.79
20/02/201823.6900SHORT 100.87
13/02/201823.7800BUY 101.76
09/02/201823.7400SHORT 102.44
30/01/201823.9900BUY 104.04
22/01/201824.0400SELL 104.30
18/01/201824.1000BUY 104.82
11/01/201824.1500SELL 105.08
11/12/201723.2700BUY 101.50
04/12/201723.4800SHORT 101.11
21/11/201723.7800BUY 102.92
08/11/201723.7300SHORT 103.65
03/11/201723.7500BUY 104.26
25/10/201723.9400SELL 104.52
01/09/201721.9100BUY 95.90
30/08/201721.8500SHORT 96.65
18/08/201721.5300BUY 95.71
04/08/201722.2700SELL 95.95
28/07/201722.2800BUY 96.23
24/07/201722.1300SELL 96.47
21/07/201722.3200BUY 97.54
19/07/201722.2000SELL 97.78
28/06/201721.7000BUY 95.82
23/06/201721.5300SELL 96.06
15/06/201721.5800BUY 96.52
02/06/201720.9850SHORT 99.83
30/05/201721.0600BUY 100.69
26/05/201720.9400SHORT 101.78
24/05/201721.0500BUY 102.83
01/05/201721.8700SHORT 99.61
25/04/201722.1000BUY 101.16
18/04/201722.5500SELL 101.41
29/03/201722.1250BUY 99.75
† Trade commissions are taken as 0.25%.

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