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RSI low/high Values: [ 25 - 75 ]
* StockInvest.us uses dynamically calculated RSI max/min levels to determine when stock is oversold or overbought based on historical behavior.
AI Analysis of R
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Ryder System Inc stock price ended at $118.61 on Tuesday, after losing 2.30%.
(Updated on Jun 11, 2024)

Sell candidate since Jun 03, 2024 Loss -1.94% PDF

The Ryder System Inc stock price fell by -2.30% on the last day (Tuesday, 11th Jun 2024) from $121.40 to $118.61. During the last trading day the stock fluctuated 1.88% from a day low at $118.04 to a day high of $120.26. The price has fallen in 6 of the last 10 days and is down by -1.68% for this period. Volume has increased on the last day by 16 thousand shares but on falling prices. This may be an early warning and the risk will be increased slightly over the next couple of days. In total, 225 thousand shares were bought and sold for approximately $26.70 million.

The stock lies in the middle of a wide and weak rising trend in the short term and a further rise within the trend is signaled. Given the current short-term trend, the stock is expected to rise 7.95% during the next 3 months and, with a 90% probability hold a price between $121.81 and $141.41 at the end of this 3-month period.

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R Signals & Forecast

There are few to no technical positive signals at the moment. The Ryder System Inc stock holds sell signals from both short and long-term Moving Averages giving a more negative forecast for the stock. Also, there is a general sell signal from the relation between the two signals where the long-term average is above the short-term average. On corrections up, there will be some resistance from the lines at $120.18 and $122.98. A break-up above any of these levels will issue buy signals. A sell signal was issued from a pivot top point on Wednesday, May 15, 2024, and so far it has fallen -7.51%. Further fall is indicated until a new bottom pivot has been found. Furthermore, there is currently a sell signal from the 3 month Moving Average Convergence Divergence (MACD). Volume rose on falling prices yesterday. This may be an early warning and the stock should be followed more closely.

Support, Risk & Stop-loss for Ryder System Inc stock

Ryder System Inc finds support from accumulated volume at $114.83 and this level may hold a buying opportunity as an upwards reaction can be expected when the support is being tested.

This stock is usually traded at a good volume, and with minor daily changes, the risk is considered to be low. During the last day, the stock moved $2.22 (1.88%) between high and low. For the last week, the stock has had daily average volatility of 1.73%.

Our recommended stop-loss: We hold a negative evaluation for this stock. No stop-loss is set.

Trading Expectations (R) For The Upcoming Trading Day Of Wednesday 12th

For the upcoming trading day on Wednesday, 12th we expect Ryder System Inc to open at $118.97, and during the day (based on 14 day Average True Range), to move between $116.18 and $121.04, which gives a possible trading interval of +/-$2.43 (+/-2.05%) up or down from last closing price. If Ryder System Inc takes out the full calculated possible swing range there will be an estimated 4.10% move between the lowest and the highest trading price during the day.

Since the stock is closer to the resistance from accumulated volume at $122.01 (2.87%) than the support at $114.83 (3.19%), our systems don't find the trading risk/reward intra-day attractive and any bets should be held until the stock is closer to the support level.

Is Ryder System Inc stock A Buy?

The Ryder System Inc stock holds several negative signals and despite the positive trend, we believe Ryder System Inc will perform weakly in the next couple of days or weeks. Therefore, we hold a negative evaluation of this stock.

Current score: -1.190 Sell Candidate Unchanged

Predicted Opening Price for Ryder System Inc of Wednesday, June 12, 2024

Fair opening price June 12, 2024 Current price
$118.97 ( 0.304%) $118.61

The predicted opening price is based on yesterday's movements between high, low, and closing price.

Trading levels for R

Fibonacci Support & Resistance Levels

Level Price
R3 121.19 2.18%
R2 120.34 1.46%
R1 119.82 1.02%
Price 118.61
S1 118.12 -0.411%
S2 117.60 -0.85%
S3 116.75 -1.57%

Accumulated Volume Support & Resistance Levels

Level Price
R3 122.43 3.22%
R2 122.19 3.02%
R1 122.01 2.87%
Price 118.61
S1 114.83 -3.19%
S2 113.64 -4.19%
S3 109.00 -8.10%

R Dividend Payout History


# Declaration Date Ex-Date Pay Date Amount Yield
1 May 17, 2024 May 17, 2024 Jun 21, 2024 $0.710 0.599%
2 Feb 09, 2024 Feb 16, 2024 Mar 15, 2024 $0.710 0.632%
3 Oct 12, 2023 Nov 17, 2023 Dec 15, 2023 $0.710 0.637%
4 Jul 12, 2023 Aug 18, 2023 Sep 15, 2023 $0.710 0.696%
5 May 05, 2023 May 19, 2023 Jun 16, 2023 $0.620 0.754%

FAQ

What is the symbol for Ryder System Inc Stock and on which exchange is it traded?
The symbol for Ryder System Inc is R and it is traded on the NYSE (New York Stock Exchange).

Should I buy or sell Ryder System Inc Stock?
The Ryder System Inc stock holds several negative signals and despite the positive trend, we believe Ryder System Inc will perform weakly in the next couple of days or weeks. Therefore, we hold a negative evaluation of this stock.

How to buy Ryder System Inc Stock?
Ryder System Inc Stock can be purchased through just about any brokerage firm, including online brokerage services.
Click here for our free guide on how to buy Ryder System Inc Stock.

What's the current price of Ryder System Inc Stock?
As of the end of day on the Jun 11, 2024, the price of an Ryder System Inc (R) share was $118.61.

What is the 52-week high and low for Ryder System Inc Stock?
The 52-week high for Ryder System Inc Stock is $128.85 and the 52-week low is $80.33.

What is the market capitalization of Ryder System Inc Stock?
As of the Jun 11, 2024, the market capitalization of Ryder System Inc is 5.199B.

When is the next earnings date for Ryder System Inc?
The upcoming earnings date for Ryder System Inc is Jul 25, 2024.
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About Ryder System Inc

Ryder System Ryder System, Inc. operates as a logistics and transportation company worldwide. The company operates through three segments: Fleet Management Solutions (FMS), Supply Chain Solutions (SCS), and Dedicated Transportation Solutions (DTS). The FMS segment offers full service leasing and leasing with flexible maintenance options, as well as maintenance services, supplies, and related equipment for operation of the vehicles; commercial vehicle rental s... R Profile

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