RYDER SYSTEM INC (R) Stock Technical Analysis
NYSE:R - New York Stock Exchange, Inc. - US7835491082 - Common Stock - Currency: USD
Overall R gets a technical rating of 10 out of 10. Both in the recent history as in the last year, R has proven to be a steady performer, scoring decent points in every aspect analyzed.
Besides having an excellent technical rating, R also presents a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. A pullback is taking place, which may present a nice opportunity for an entry. There is very little resistance above the current price. There is a support zone below the current price at 169.89, a Stop Loss order could be placed below this zone.
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142.26
We found 3 important support areas.
- A support zone ranging from 168.80 to 169.89. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @160.37 from a trend line in the daily time frame.
- Support @143.70 from a trend line in the weekly time frame.
The Technical Rating and Setup analysis above combine different indicators and trends in different timeframes. Individual signals from indicators may give more contradictive signals and should always be interpreted in the more global context.
| Indicator | Value | Signal | Comment |
|---|---|---|---|
| ChartMill Long Term Trend Indicator | UP | POSITIVE | The long term trend for R is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for R is up. |
| ChartMill Relative Strength | 85.09 | POSITIVE | R has a high relative strength, it outperformed 85.09% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of R is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of R is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of R is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 59.82 | NEUTRAL | The RSI value for R is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.72 | NEGATIVE | The MACD value suggests R has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 48.07 | NEUTRAL | The Stochastics value for R is a neutral value. |
| Average True Range in percent/ATR (20) | 2.5 | MEDIUM VOLATILITY | The ATR as a percentage value for R suggests some volalility. |
| Average Directional Index/ADX (14) | 32.57 | POSITIVE | The high ADX value value for R suggests a strong trend. |
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 177.78 | 168.79 | 8.99 (5.05%) | 19.78% |
| An entry @177.78. This is a Buy Stop order right above the 10 day moving average. | An exit @168.79. This is a Stop Loss order right below the support zone. | The trade has a worst case loss of 8.99 points, which is 5.05%. | For a 1.00% total portfolio risk, you can invest 19.78% of your capital in this trade. |
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
177.38
+1.81 (+1.03%)