RYDER SYSTEM INC. - Daily - Technical analysis published on 11/26/2019 (GMT)
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- Timeframe : Daily
- - Analysis generated on
- Status : LEVEL MAINTAINED
Summary of the analysis
Trends
Court terme:
Bullish
De fond:
Bullish
Technical indicators
44%
33%
22%
My opinion
Bullish above 50.50 USD
My targets
54.72 USD (+2.76%)
58.95 USD (+10.70%)
My analysis
All elements being rather bullish, it would be possible for traders to only trade long positions (at the time of purchase) on RYDER SYSTEM INC. as long as the price remains well above 50.50 USD. The buyers” bullish objective is set at 54.72 USD. A bullish break in this resistance would boost the bullish momentum. The buyers could then target the resistance located at 58.95 USD. If there is any crossing, the next objective would be the resistance located at 64.55 USD. Be careful, the short term currently seems to be losing momentum. Its reversal would lead to mitigation of the, bullish, basic trend. If you have another key point closer to the current price, it would be better to only trade long positions (at the time of purchase) above that key point.
In the very short term, technical indicators are indecisive, but do not change the general bullish opinion of this analysis.
FORCE
0
10
3.9
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 Vincent Launay. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
The RYDER SYSTEM INC. rating is 53.25 USD. On the day, this instrument gained +3.18% and was traded between 51.77 USD and 53.56 USD over the period. The price is currently at +2.86% from its lowest and -0.58% from its highest.51.77
53.56
53.25
A study of price movements over other periods shows the following variations:
Near a new HIGH record (1 month)
Type : Bullish
Timeframe : Weekly
Technical
Technical analysis of RYDER SYSTEM INC. in Daily shows an overall bullish trend. 71.43% of the signals given by moving averages are bullish. This bullish trend shows slight signs of slowing down given the slightly bullish signals given by the short-term moving averages. An assessment of moving averages reveals several bullish signals that could impact this trend:
Bullish trend reversal : adaptative moving average 50
Type : Bullish
Timeframe : Daily
Bullish price crossover with Moving Average 20
Type : Bullish
Timeframe : Daily
Bullish price crossover with adaptative moving average 50
Type : Bullish
Timeframe : Daily
Bullish price crossover with adaptative moving average 100
Type : Bullish
Timeframe : Daily
In fact, of the 18 technical indicators analysed by Central Analyzer, 8 are bullish, 4 are neutral and 6 are bearish. Caution: the Central Indicators scanner currently detects an excess:
Williams %R indicator is overbought : over -20
Type : Neutral
Timeframe : Daily
Pivot points : price is over resistance 1
Type : Neutral
Timeframe : Weekly
Pivot points : price is over resistance 2
Type : Neutral
Timeframe : Daily
Williams %R indicator is back over -50
Type : Bullish
Timeframe : Daily
Central Patterns, the scanner specializing in chart patterns, did not identify any signals.
The Central Candlesticks scanner, specialised in Japanese candlesticks, did not identify any signals.
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 45.12 | 47.87 | 50.50 | 53.25 | 54.72 | 58.95 | 64.55 |
| Change (%) | -15.27% | -10.10% | -5.16% | - | +2.76% | +10.70% | +21.22% |
| Change | -8.13 | -5.38 | -2.75 | - | +1.47 | +5.70 | +11.30 |
| Level | Minor | Major | Minor | - | Major | Major | Minor |
Pivot points can also be used to set your price objectives. Here is the price situation in relation to pivot points:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 49.56 | 50.20 | 50.90 | 51.54 | 52.24 | 52.88 | 53.58 |
| Camarilla | 51.24 | 51.36 | 51.49 | 51.61 | 51.73 | 51.86 | 51.98 |
| Woodie | 49.60 | 50.22 | 50.94 | 51.56 | 52.28 | 52.90 | 53.62 |
| Fibonacci | 50.20 | 50.71 | 51.03 | 51.54 | 52.05 | 52.37 | 52.88 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 47.37 | 48.59 | 50.10 | 51.32 | 52.83 | 54.05 | 55.56 |
| Camarilla | 50.86 | 51.11 | 51.36 | 51.61 | 51.86 | 52.11 | 52.36 |
| Woodie | 47.52 | 48.66 | 50.25 | 51.39 | 52.98 | 54.12 | 55.71 |
| Fibonacci | 48.59 | 49.63 | 50.28 | 51.32 | 52.36 | 53.01 | 54.05 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 35.93 | 41.16 | 44.64 | 49.87 | 53.34 | 58.58 | 62.05 |
| Camarilla | 45.71 | 46.51 | 47.31 | 48.11 | 48.91 | 49.70 | 50.50 |
| Woodie | 35.05 | 40.72 | 43.76 | 49.43 | 52.46 | 58.13 | 61.17 |
| Fibonacci | 41.16 | 44.49 | 46.54 | 49.87 | 53.20 | 55.25 | 58.58 |
Numerical data
The following is the status of the technical indicators and moving averages at the time of publication of this technical analysis:
Technical indicators
Moving averages
| RSI (14): | 56.13 | |
| MACD (12,26,9): | 0.1800 | |
| Directional Movement: | 4.30 | |
| AROON (14): | -71.42 | |
| DEMA (21): | 52.16 | |
| Parabolic SAR (0,02-0,02-0,2): | 54.80 | |
| Elder Ray (13): | 0.76 | |
| Super Trend (3,10): | 47.81 | |
| Zig ZAG (10): | 53.25 | |
| VORTEX (21): | 0.9400 | |
| Stochastique (14,3,5): | 38.17 | |
| TEMA (21): | 52.00 | |
| Williams %R (14): | -37.68 | |
| Chande Momentum Oscillator (20): | -0.12 | |
| Repulse (5,40,3): | 3.6200 | |
| ROCnROLL: | 1 | |
| TRIX (15,9): | 0.0900 | |
| Courbe Coppock: | 0.14 |
| MA7: | 51.68 | |
| MA20: | 51.76 | |
| MA50: | 51.08 | |
| MA100: | 51.10 | |
| MAexp7: | 51.91 | |
| MAexp20: | 51.84 | |
| MAexp50: | 51.44 | |
| MAexp100: | 51.78 | |
| Price / MA7: | +3.04% | |
| Price / MA20: | +2.88% | |
| Price / MA50: | +4.25% | |
| Price / MA100: | +4.21% | |
| Price / MAexp7: | +2.58% | |
| Price / MAexp20: | +2.72% | |
| Price / MAexp50: | +3.52% | |
| Price / MAexp100: | +2.84% |
News
The latest news and videos published on RYDER SYSTEM INC. at the time of the analysis were as follows:
- Ryder Named as a Top Company for Women to Work For by Women in Trucking Association
- Ryder Awarded NACD NXT™ Recognition for Diversity and Inclusion Commitments
- Ryder Declares Quarterly Cash Dividend
- Ryder Third Quarter Conference Call Scheduled for October 29, 2019
- Ryder Opens First Alaskan One-Stop-Shop Maintenance, Leasing, and Rental Facility in Response to Growing Demand in the State
This member declared not having a position on this financial instrument or a related financial instrument.
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