RYANAIR HOLDINGS PLC-SP ADR (RYAAY) Stock Technical Analysis
NASDAQ:RYAAY - Nasdaq - US7835132033 - ADR - Currency: USD
Taking everything into account, RYAAY scores 9 out of 10 in our technical rating. Both in the recent history as in the last year, RYAAY has proven to be a steady performer, scoring decent points in every aspect analyzed.
Both the short term and long term trends are positive. This is a very positive sign.
RYAAY is currently trading near its 52 week high, which is a good sign. The S&P500 Index however is also trading near new highs, which makes the performance in line with the market.
In the last month RYAAY has a been trading in the 53.28 - 59.36 range, which is quite wide. It is currently trading near the high of this range.
RYAAY has an average volume of 1501620 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
When comparing the yearly performance of all stocks, we notice that RYAAY is one of the better performing stocks in the market, outperforming 82% of all stocks. However, this overall good ranking is mostly due to the recent strong move.
RYAAY is part of the Passenger Airlines industry. There are 22 other stocks in this industry, RYAAY did better than 61% of them.
RYAAY has an excellent technical rating and also presents a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. A pullback is taking place, which may present a nice opportunity for an entry. There is a support zone below the current price at 55.31, 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.
More info and screens
39.11
59.44
When analyzing the support we can see 3 important areas.
- A support zone ranging from 54.78 to 55.31. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @40.93 from a trend line in the weekly time frame.
- Support @39.50 from a horizontal line in the weekly time frame.
When analyzing the resistance we notice 2 important areas.
- A resistance zone ranging from 57.75 to 57.92. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @58.85 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 | UP | POSITIVE | The long term trend for RYAAY is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for RYAAY is up. |
| ChartMill Relative Strength | 82.24 | POSITIVE | RYAAY has a high relative strength, it outperformed 82.24% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of RYAAY is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of RYAAY is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of RYAAY is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 55.23 | NEUTRAL | The RSI value for RYAAY is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.1 | NEGATIVE | The MACD value suggests RYAAY has a negative trend. |
| Stochastics (14,3) | 75.55 | NEUTRAL | The Stochastics value for RYAAY is a neutral value. |
| Average True Range in percent/ATR (20) | 2.29 | MEDIUM VOLATILITY | The ATR as a percentage value for RYAAY suggests some volalility. |
| Average Directional Index/ADX (14) | 30.16 | POSITIVE | The high ADX value value for RYAAY suggests a strong trend. |
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
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 |
|---|---|---|---|
| 57.93 | 56.10 | 1.84 (3.17%) | 25.00% |
| An entry @57.93. This is a Buy Stop order right above the resistance zone. | An exit @56.09. This is a Stop Loss order right below the 10 day low. | The trade has a worst case loss of 1.84 points, which is 3.17%. | For a 0.79% total portfolio risk, you can invest 25.00% of your capital in this trade. |
- The distance between exit and entry is rather small compared to the average daily movement of RYAAY. Please evaluate whether better entry and exit points can be found.
- 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.
57.47
-0.82 (-1.41%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryPassenger Airlines
Performance
% Chg-1.41%
1 Week-0.57%
2 Weeks0.28%
1 Month0.1%
3 Month30.17%
6 Month33.78%
12 Month20.25%
2 Year40.13%
3 Year96.82%
5 Year91.57%
10 Year89.02%
15 Year367.72%
Volatility
ATR(14)1.24
ATR(20)%2.29%
ATR Inc-17.41%
Range Today1.32
ADR(20)1.14
ADR(20)%1.99%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS82.24
Mansfield1.44
10 Day High59.36
10 Day Low56.11
20 Day High59.36
20 Day Low53.28
52 Week High59.36
52 Week Low36.96
CS1 End55.31
CR1 Start57.75
Volume & EV
DER(3)-0.2%
DER(5)-0.36%
Volume1.26M
Volume Incr37.01%
Vol(5)1.51M
Vol(50)1.50M