RYDER SYSTEM INC (R) Stock Technical Analysis
USA - NYSE:R - US7835491082 - Common Stock
Overall R gets a technical rating of 1 out of 10. R has been an average performer in the overall market. Also recent evolutions are not that positive: both the medium and short term time frames give negative signs.
R has a poor technical rating and the quality of the setup is also not perfect at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
142.94
3 important support areas can be observed.
- A support zone ranging from 160.19 to 161.52. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @148.81 from a trend line in the weekly time frame.
- Support @144.38 from a trend line in the weekly time frame.
When analyzing the resistance we notice 3 important areas.
- A resistance zone ranging from 176.71 to 178.60. 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.
- A resistance zone ranging from 193.22 to 194.23. 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 | 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 | 55.29 | NEUTRAL | R is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of R is below a declining 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) | 39.1 | NEUTRAL | The RSI value for R is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -1.05 | NEGATIVE | The MACD value suggests R has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 41.17 | NEUTRAL | The Stochastics value for R is a neutral value. |
| Average True Range in percent/ATR (20) | 3.58 | MEDIUM VOLATILITY | The ATR as a percentage value for R suggests some volalility. |
| Average Directional Index/ADX (14) | 24.47 | NEUTRAL | The ADX value for R suggests a possible start of a new trend. |
169.23
-0.17 (-0.1%)
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 39.1032. 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 161.52 and a resistance level at 176.71. Check the full technical report for our detailed analysis of R support and resistance levels.