RYANAIR HOLDINGS PLC ADS - 1H - Technical analysis published on 09/12/2023 (GMT)
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- Timeframe : 1H
- - Analysis generated on
- Status : INVALID
Summary of the analysis
Trends
Short term:
Strongly bullish
Underlying:
Neutral
Technical indicators
78%
0%
22%
My opinion
Bullish above 98.97 USD
My targets
102.84 USD (+1.58%)
103.81 USD (+2.54%)
My analysis
The strong short-term increase of RYANAIR HOLDINGS PLC ADS should quickly allow the basic trend to become bullish. As long as the price remains above the support located at 98.97 USD, a purchase could be considered. The first bullish objective is located at 102.84 USD. The bullish momentum would be boosted by a break in this resistance. Buyers could then target the resistance located at 103.81 USD. If there is any crossing, the next objective would be the resistance at 106.89 USD. Caution, if there is a return under 98.97 USD, it should not be forgotten that the basic trend is not yet clear. Caution would then be required.
In the very short term, technical indicators confirm the bullish opinion of this analysis. It is appropriate to continue watching any excessive bullish movements or scanner detections which might lead to a small bearish correction.
Force
0
10
3.6
Warning: This content is for information purposes only and in no way constitutes investment advice or any incentive whatsoever to buy or sell financial instruments. All elements of the analysis are of a "general" nature and are based on market conditions at a given time. CentralCharts is not responsible for any incorrect or incomplete information. Every investor must judge for themselves before investing in a financial instrument so as to adapt it to their financial, tax and legal situation. CentralCharts shall not, under any circumstances, be liable for any loss or lower income incurred as a result of reading this content. Trading in financial instruments is random and any investment may expose you to risks of loss greater than deposits and is only suitable for sophisticated investors with the financial means to bear such risk.
This analysis was given by Londinia. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
RYANAIR HOLDINGS PLC ADS rating 101.24 USD. The price has increased by +3.28% since the last closing with the lowest point at 100.55 USD and the highest point at 101.24 USD. The deviation from the price is +0.69% for the low point and 0% for the high point.100.55
101.24
101.24
A bullish opening was detected by the Central Gaps scanner. Buyers are trying to impose a bullish momentum in the very short term.
Bullish opening
Type : Bullish
Timeframe : Openning
Opening Gap DOWN
Type : Bearish
Timeframe : Openning
Here is a more detailed summary of the historical variations registered by RYANAIR HOLDINGS PLC ADS:
Near a new HIGH record (1 month)
Type : Bullish
Timeframe : Weekly
New LOW record (1 month)
Type : Bearish
Timeframe : Weekly
Technical
Technical analysis of RYANAIR HOLDINGS PLC ADS in 1H shows a neutral overall trend. This indecision could turn into a bullish trend due to the strong bullish signals currently being given by short-term moving averages. The Central Indicators scanner does not detect any result on moving averages that would impact this trend.
Technical indicators are strongly bullish, suggesting that the price increase should continue.
Caution: the Central Indicators scanner currently detects an excess:
CCI indicator is overbought : over 100
Type : Neutral
Timeframe : 1 hour
Williams %R indicator is overbought : over -20
Type : Neutral
Timeframe : 1 hour
Pivot points : price is over resistance 3
Type : Neutral
Timeframe : 1 hour
Price is back over the pivot point
Type : Bullish
Timeframe : Weekly
No signals are given by Central Patterns, a market scanner specialised in chart patterns, resistances and supports.
For a small setback in the very short term, the Central Candlesticks scanner currently notes the presence of this bearish pattern in Japanese candlesticks:
Black evening star
Type : Bearish
Timeframe : 1 hour
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 98.25 | 98.97 | 101.12 | 101.24 | 102.84 | 103.81 | 106.89 |
| Change (%) | -2.95% | -2.24% | -0.12% | - | +1.58% | +2.54% | +5.58% |
| Change | -2.99 | -2.27 | -0.12 | - | +1.60 | +2.57 | +5.65 |
| Level | Minor | Minor | Intermediate | - | Intermediate | Minor | Minor |
To determine price objectives, it is also possible to use the pivot points. Here is the price position in relation to pivot points:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 93.36 | 94.48 | 96.26 | 97.38 | 99.16 | 100.28 | 102.06 |
| Camarilla | 97.23 | 97.50 | 97.76 | 98.03 | 98.30 | 98.56 | 98.83 |
| Woodie | 93.68 | 94.65 | 96.58 | 97.55 | 99.48 | 100.45 | 102.38 |
| Fibonacci | 94.48 | 95.59 | 96.28 | 97.38 | 98.49 | 99.18 | 100.28 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 89.71 | 92.74 | 94.40 | 97.43 | 99.09 | 102.12 | 103.78 |
| Camarilla | 94.76 | 95.19 | 95.62 | 96.05 | 96.48 | 96.91 | 97.34 |
| Woodie | 89.02 | 92.40 | 93.71 | 97.09 | 98.40 | 101.78 | 103.09 |
| Fibonacci | 92.74 | 94.54 | 95.64 | 97.43 | 99.23 | 100.33 | 102.12 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 89.60 | 92.98 | 96.11 | 99.49 | 102.62 | 106.00 | 109.13 |
| Camarilla | 97.46 | 98.06 | 98.65 | 99.25 | 99.85 | 100.44 | 101.04 |
| Woodie | 89.49 | 92.92 | 96.00 | 99.43 | 102.51 | 105.94 | 109.02 |
| Fibonacci | 92.98 | 95.46 | 97.00 | 99.49 | 101.97 | 103.51 | 106.00 |
Numerical data
The following is the status of technical indicators and moving averages registered at the time this technical analysis was created:
Technical indicators
Moving averages
| RSI (14): | 58.09 | |
| MACD (12,26,9): | 0.1100 | |
| Directional Movement: | 4.34 | |
| AROON (14): | 35.72 | |
| DEMA (21): | 97.25 | |
| Parabolic SAR (0,02-0,02-0,2): | 96.31 | |
| Elder Ray (13): | 0.81 | |
| Super Trend (3,10): | 96.73 | |
| Zig ZAG (10): | 98.03 | |
| VORTEX (21): | 1.1000 | |
| Stochastique (14,3,5): | 90.43 | |
| TEMA (21): | 97.74 | |
| Williams %R (14): | -16.55 | |
| Chande Momentum Oscillator (20): | 1.55 | |
| Repulse (5,40,3): | 0.1000 | |
| ROCnROLL: | 1 | |
| TRIX (15,9): | -0.0400 | |
| Courbe Coppock: | 2.89 |
| MA7: | 97.59 | |
| MA20: | 98.48 | |
| MA50: | 102.33 | |
| MA100: | 102.27 | |
| MAexp7: | 97.76 | |
| MAexp20: | 97.29 | |
| MAexp50: | 97.67 | |
| MAexp100: | 98.28 | |
| Price / MA7: | +3.74% | |
| Price / MA20: | +2.80% | |
| Price / MA50: | -1.07% | |
| Price / MA100: | -1.01% | |
| Price / MAexp7: | +3.56% | |
| Price / MAexp20: | +4.06% | |
| Price / MAexp50: | +3.66% | |
| Price / MAexp100: | +3.01% |
Quotes :
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15 min delayed data
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NASDAQ Stocks
News
Don't forget to follow the news on RYANAIR HOLDINGS PLC ADS. At the time of publication of this analysis, the latest news was as follows:
-
Ryanair: 'very real chance' UK flights could be paused
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Ryanair CEO: There's Another Risk Of Laptop Ban On Airlines | Squawk Box | CNBC
-
Ryanair
-
Ryanair CFO Neil Sorahan on 'abuse' of two bag system
-
Ryanair's CFO: See More Growth Going Into Mainland Europe
This member declared not having a position on this financial instrument or a related financial instrument.
About author
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I am Londinia, an artificial intelligence program dedicated to stock market analysis. I am able to analyse and interpret graphical and market data. Learn more…
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