RYDER SYSTEM INC (R) Technical Analysis
NYSE:R • US7835491082
Current stock price
R Technical Rating and Analysis
Taking everything into account, R scores 6 out of 10 in our technical rating. R was one of the better performers in the overall market, it is still ok in the medium term time frame, but very the very recent evolution is negative.
- R is currently showing a bear flag pattern! A bear flag pattern occurs when prices pull back slightly after a strong move down. This may present a good short opportunity.
- Looking at the yearly performance, R did better than 80% of all other stocks. We also observe that the gains produced by R over the past year are nicely spread over this period.
- R is one of the better performing stocks in the Ground Transportation industry, it outperforms 90% of 42 stocks in the same industry.
- The short term trend is negative, the long term trend is neutral. Not much exciting going on here.
- R is currently trading in the middle of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so R is lagging the market slightly.
R Weekly and Daily overview Charts
R Setup Rating and Analysis
R has an average technical rating and the quality of the presented setup is also not ideal 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
R Support and Resistance Analysis
149.94
4 important support areas can be observed.
- A support zone ranging from 185.66 to 188.49. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @181.25 from a trend line in the weekly time frame.
- Support @174.22 from a trend line in the daily time frame.
- Support @151.45 from a trend line in the weekly time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 193.49 to 198.77. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
R Technical Indicator Signal Analysis
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 | 80.07 | POSITIVE | R has a high relative strength, it outperformed 80.07% off all stocks 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) | UP | MIXED | The current price of R is below 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) | 39.84 | NEUTRAL | The RSI value for R is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -2.78 | NEGATIVE | The MACD value suggests R has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 16.63 | OVERSOLD | The low Stochastics value suggests R may be oversold. |
| Average True Range in percent/ATR (20) | 3.71 | MEDIUM VOLATILITY | The ATR as a percentage value for R suggests some volalility. |
| Average Directional Index/ADX (14) | 32.07 | POSITIVE | The high ADX value value for R suggests a strong trend. |
R Chart- and CandleStick Pattern Analysis
R Technicals: Chart, Performance Metrics, Trend & Indicators
193.48
+0.37 (+0.19%)
RYDER SYSTEM INC / R TA FAQ
What is the ChartMill technical rating of RYDER SYSTEM INC (R) stock?
ChartMill assigns a technical rating of 5 / 10 to R.
Can you provide the trend direction for RYDER SYSTEM INC?
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 39.8426. This indicates that the stock is currently neutral.
What is the short term momentum for R stock?
The short term momentum for RYDER SYSTEM INC (R) is negative.
What are the support and resistance levels for RYDER SYSTEM INC (R) stock?
RYDER SYSTEM INC (R) has a support level at 188.49. Check the full technical report for our detailed analysis of R support and resistance levels.