RYAN SPECIALTY HOLDINGS INC (RYAN) Stock Technical Analysis
USA - New York Stock Exchange - NYSE:RYAN - US78351F1075 - Common Stock
We assign a technical rating of 0 out of 10 to RYAN. RYAN scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
- The short term trend is negative, as is the long term trend. There should be more interesting stocks out there.
- When comparing the yearly performance of all stocks, RYAN is a bad performer in the overall market: 86% of all stocks are doing better.
- RYAN is one of the lesser performing stocks in the Insurance industry. 79% of 148 stocks in the same industry do better.
- RYAN is currently trading near the lower end of its 52 week range, which is not a good sign. Certainly not because the S&P500 Index is trading near new 52 week highs at the moment.
- In the last month RYAN has a been trading in the 46.18 - 53.49 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.
- RYAN has an average volume of 1357710 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
The technical rating of RYAN is bad and it also does not present a 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.
More info and screens
46.83
We can see 4 important resistance areas.
- A resistance zone ranging from 49.66 to 54.07. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @58.29 from a horizontal line in the daily time frame.
- Resistance @59.83 from a horizontal line in the daily time frame.
- Resistance @66.54 from a trend line in the weekly 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 | DOWN | NEGATIVE | The long term trend for RYAN is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for RYAN is down. |
| ChartMill Relative Strength | 14.6 | NEGATIVE | RYAN has a low relative strength, it was outperformed by 85.4% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of RYAN is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of RYAN is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of RYAN is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 34.38 | NEUTRAL | The RSI value for RYAN is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.28 | NEGATIVE | The MACD value suggests RYAN has a negative trend. |
| Stochastics (14,3) | 13.59 | OVERSOLD | The low Stochastics value suggests RYAN may be oversold. |
| Average True Range in percent/ATR (20) | 3.53 | MEDIUM VOLATILITY | The ATR as a percentage value for RYAN suggests some volalility. |
| Average Directional Index/ADX (14) | 23.24 | NEUTRAL | The ADX value for RYAN suggests a possible start of a new trend. |
47.3
-0.25 (-0.53%)
RYAN SPECIALTY HOLDINGS INC / RYAN FAQ
What is the technical rating for RYAN stock?
ChartMill assigns a technical rating of 0 / 10 to RYAN.
What is the trend direction for RYAN stock?
The current trend direction for RYAN SPECIALTY HOLDINGS INC (RYAN) is Bearish.
Can you provide the RSI signal for RYAN SPECIALTY HOLDINGS INC?
RYAN SPECIALTY HOLDINGS INC (RYAN) has an RSI value of 34.3821. This indicates that the stock is currently neutral.
What is the MACD signal for RYAN SPECIALTY HOLDINGS INC (RYAN) stock?
The MACD indicator for RYAN SPECIALTY HOLDINGS INC (RYAN) has a value of -0.276866, indicating a bearish trend.
What is the short term momentum for RYAN SPECIALTY HOLDINGS INC (RYAN) stock?
The short term momentum for RYAN SPECIALTY HOLDINGS INC (RYAN) is negative.