RYDER SYSTEM INC (R) Stock Technical Analysis
USA - New York Stock Exchange - NYSE:R - US7835491082 - Common Stock
Taking everything into account, R scores 1 out of 10 in our technical rating. R scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
Although the technical rating is bad, R does present a nice setup opportunity. Prices have been consolidating lately. There is a resistance zone just above the current price starting at 172.86. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 168.03, a Stop Loss order could be placed below this zone.
More info and screens
148.81
2 important support areas can be observed.
- A support zone ranging from 160.19 to 168.03. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @150.31 from a trend line in the weekly time frame.
We can see 2 important resistance areas.
- A resistance zone ranging from 172.86 to 173.97. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @189.57 from a horizontal line in the daily 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 | NEUTRAL | NEUTRAL | The long term trend for R is neutral. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for R is down. |
| ChartMill Relative Strength | 37.43 | NEUTRAL | R is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of R is below the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of R is below a declining 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) | 45.96 | 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) | 29.78 | NEUTRAL | The Stochastics value for R is a neutral value. |
| Average True Range in percent/ATR (20) | 2.64 | MEDIUM VOLATILITY | The ATR as a percentage value for R suggests some volalility. |
| Average Directional Index/ADX (14) | 26.62 | POSITIVE | The high ADX value value for R suggests a strong trend. |
168.25
+5.75 (+3.54%)
RYDER SYSTEM INC / R FAQ
What is the ChartMill technical rating of RYDER SYSTEM INC (R) stock?
ChartMill assigns a technical rating of 1 / 10 to R.
What is the current trend direction of RYDER SYSTEM INC (R) stock?
The current trend direction for RYDER SYSTEM INC (R) is Bearish.
What is the RSI signal for R stock?
RYDER SYSTEM INC (R) has an RSI value of 45.9583. This indicates that the stock is currently neutral.
Can you provide the support and resistance levels for RYDER SYSTEM INC?
RYDER SYSTEM INC (R) has a support level at 168.03 and a resistance level at 172.86. Check the full technical report for our detailed analysis of R support and resistance levels.