R Technical Analysis - RYDER SYSTEM INC

Technical Rating and Analysis

Overall R gets a technical rating of 4 out of 10. In the last year, R was a medium performer in the overall market. The medium term is still looking fine, but we see some doubts in the very recent evolution.

In the last month R has a been trading in the 176.32 - 195.48 range, which is quite wide. It is currently trading near the lows of this range.

Prices have been falling strongly lately, it is better to avoid new long positions here.

The short term is neutral, but the long term trend is still positive. Not much to worry about for now.

R is one of the better performing stocks in the Ground Transportation industry, it outperforms 80% of 42 stocks in the same industry.

R is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so R is lagging the market slightly.

When comparing the yearly performance of all stocks, we notice that R is one of the better performing stocks in the market, outperforming 70% of all stocks. However, this overall performance is mostly based on the strong move around 4 months ago.

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Technical Analysis

Relative Strength

ChartMill Trend Indicator

Simple Moving Average

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Weekly and Daily overview Charts

Setup Rating and Analysis

R has an average technical rating and it also does not offer a high quality setup 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.

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ChartMill Technical Ratings

Pocket Pivots

Bull Flags

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Support and Resistance Analysis

145.83

196.17

We found 2 important support areas.

A support zone ranging from 176.46 to 176.46. This zone is formed by a combination of multiple trend lines in multiple time frames.
Support @147.30 from a trend line in the weekly time frame.

3 important resistance areas can be observed.

A resistance zone ranging from 177.92 to 180.45. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
A resistance zone ranging from 184.38 to 187.74. This zone is formed by a combination of multiple trend lines and important moving averages 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.

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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	UP	POSITIVE	The long term trend for R is up.
ChartMill Short Term Trend Indicator	NEUTRAL	NEUTRAL	The short term trend for R is neutral.
ChartMill Relative Strength	70.36	POSITIVE	R has a high relative strength, it outperformed 70.36% 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)	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)	35.82	NEUTRAL	The RSI value for R is a neutral value.
Moving Average Convergence Divergence/MACD (12, 26, 9)	-1.16	NEGATIVE	The MACD value suggests R has a negative trend.
Stochastics (14,3)	17.22	OVERSOLD	The low Stochastics value suggests R may be oversold.
Average True Range in percent/ATR (20)	2.7	MEDIUM VOLATILITY	The ATR as a percentage value for R suggests some volalility.
Average Directional Index/ADX (14)	20.6	NEUTRAL	The ADX value for R suggests a possible start of a new trend.