RYDER SYSTEM INC (R) Stock Technical Analysis
NYSE:R - US7835491082 - Common Stock
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. Prices have been consolidating lately and the volatility has been reduced. There is a resistance zone just above the current price starting at 187.12. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 182.29, a Stop Loss order could be placed below this zone. Another positive sign is the recent Pocket Pivot signal.
- A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
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143.91
When analyzing the support we can see 4 important areas.
- A support zone ranging from 179.57 to 182.29. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A support zone ranging from 168.80 to 173.77. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @165.97 from a trend line in the daily time frame.
- Support @145.36 from a trend line in the weekly time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 187.12 to 187.12. This zone is formed by a combination of multiple trend lines in multiple time frames.
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 | 85.2 | POSITIVE | R has a high relative strength, it outperformed 85.2% 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) | 62.97 | NEUTRAL | The RSI value for R is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.23 | POSITIVE | The MACD value suggests R has a positive trend. |
| Stochastics (14,3) | 79.99 | NEUTRAL | The Stochastics value for R is a neutral value. |
| Average True Range in percent/ATR (20) | 2.22 | MEDIUM VOLATILITY | The ATR as a percentage value for R suggests some volalility. |
| Average Directional Index/ADX (14) | 28.49 | 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 |
|---|---|---|---|
| 187.13 | 179.56 | 7.57 (4.05%) | 24.72% |
| An entry @187.13. This is a Buy Stop order right above the resistance zone. | An exit @179.56. This is a Stop Loss order right below the support zone. | The worst case loss on the trade is limited to 7.57 points, which is 4.05%. | For a 1.00% total portfolio risk, you can invest 24.72% 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.
187.11
+3.01 (+1.63%)