RY Elliott Wave Forecast Targets $226.96–$270.20 for Wave (3) Advance
Royal Bank of Canada (RY) shares are projected to advance in Wave (3) with a price target range of $226.96 to $270.20, according to an Elliott Wave analysis.
RY
An Elliott Wave forecast for Royal Bank of Canada (RY) indicates that the stock is in the midst of a Wave (3) advance, with a projected target range of $226.96 to $270.20.
Royal Bank of Canada operates as a diversified financial services company worldwide, with segments including personal finance, commercial banking, wealth management, and insurance. The stock trades under the ticker RY and falls within the financial services sector.
The Elliott Wave analysis suggests the current upward momentum could continue within the specified range.
Source: FXStreet Forex News