Ryanair Holdings plc Stock Forecast
Explanation to Bollinger's Bands
Bollinger Bands was created by John Bollinger in the early 1980s, its purpose is to define price action relative to the assets highs and lows. This technical indicator is used to identify buy and sell signals and has proven very well in doing so.
Bollinger Bands consist of a set of three curves drawn in relation to securities prices. The middle band is a measure of the intermediate-term trend, usually a simple moving average, that serves as the base for the upper and lower bands. The interval between the upper and lower bands and the middle band is determined by volatility, typically the standard deviation of the same data that were used for the average. StockInvest.us uses Bollingers suggested 20 day average.
Middle Bollinger Band = 20-period simple moving average
Upper Bollinger Band = Middle Bollinger Band + 2 * 20-period standard deviation
Lower Bollinger Band = Middle Bollinger Band - 2 * 20-period standard deviation
BandWidth defines the current width of the band.
%b defines the current position within the band.
BandWidth = (Upper Bollinger Band - Lower Bollinger Band) / Middle Bollinger Band
%b = (Last - Lower Bollinger Band) / (Upper Bollinger Band - Lower Bollinger Band)
Live Samples:
Bottlenecks in bandwidth indicate an upcoming change. Break up through the moving average line or continuous movements above the moving average line indicate a break up, and vice versa.
Source: http://www.bollingerbands.com
Stronger technical forecast for Ryanair Holdings plc stock price after Tuesday trading.
(Updated on Apr 30, 2024)
The Ryanair Holdings plc stock price fell by -2.62% on the last day (Tuesday, 30th Apr 2024) from $139.86 to $136.20. It has now fallen 3 days in a row. During the last trading day the stock fluctuated 2.61% from a day low at $136.04 to a day high of $139.59. The price has been going up and down for this period, and there has been a 0.29% gain for the last 2 weeks. Volume has increased on the last day by 93 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, 243 thousand shares were bought and sold for approximately $33.10 million.
The stock lies in the lower part of a wide and weak rising trend in the short term, and this may normally pose a very good buying opportunity. If the lower trend floor at $135.91 is broken, it will firstly indicate a slower rate of rising, but may also be an early warning for a trend shift. Given the current short-term trend, the stock is expected to rise 2.72% during the next 3 months and, with a 90% probability hold a price between $139.60 and $153.66 at the end of this 3-month period.
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RYAAY Signals & Forecast
The Ryanair Holdings plc 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 $139.66 and $142.26. A break-up above any of these levels will issue buy signals. 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. Some positive signals were issued as well, and these may have some influence on the near short-term development. A buy signal was issued from a pivot bottom point on Thursday, April 18, 2024, and so far it has risen 0.591%. Further rise is indicated until a new top pivot has been found.
Support, Risk & Stop-loss for Ryanair Holdings plc stock
Ryanair Holdings plc finds support from accumulated volume at $136.14 and this level may hold a buying opportunity as an upwards reaction can be expected when the support is being tested.
This stock has average movements during the day and with good trading volume, the risk is considered to be medium. During the last day, the stock moved $3.55 between high and low, or 2.61%. For the last week, the stock has had daily average volatility of 1.82%.
Our recommended stop-loss: $129.12 (-5.20%) (This stock has medium daily movements and this gives medium risk. There is a buy signal from a pivot bottom found 8 days ago.)
Trading Expectations (RYAAY) For The Upcoming Trading Day Of Wednesday 1st
For the upcoming trading day on Wednesday, 1st we expect Ryanair Holdings plc to open at $137.28, and during the day (based on 14 day Average True Range), to move between $132.71 and $139.69, which gives a possible trading interval of +/-$3.49 (+/-2.56%) up or down from last closing price. If Ryanair Holdings plc takes out the full calculated possible swing range there will be an estimated 5.12% move between the lowest and the highest trading price during the day.
Since the stock is closer to the support from accumulated volume at $136.14 (0.04%) than the resistance at $136.32 (0.09%), our systems sees the trading risk/reward intra-day as attractive and believe profit can be made before the stock reaches first resistance..
Is Ryanair Holdings plc stock A Buy?
Several of the signals/indicators are negative, and we believe that this will affect on the development for the next days and maybe possible weeks. However, over time, we think that today's level holds a possible buying opportunity and that the price will be higher during or at the end of this 3-month period. We have upgraded our analysis conclusion for this stock since the last evaluation from a Hold/Accumulate to a Buy candidate.
Current score: 1.362 Buy Candidate Upgraded
Predicted Opening Price for Ryanair Holdings plc of Wednesday, May 1, 2024
| Fair opening price May 1, 2024 | Current price |
|---|---|
| $137.28 ( 0.791%) | $136.20 |
The predicted opening price is based on yesterday's movements between high, low, and closing price.
Trading levels for RYAAY
Fibonacci Support & Resistance Levels
| Level | Price | |||
|---|---|---|---|---|
| Resistance | R3 | 140.83 | 3.40 % | |
| R2 | 139.47 | 2.40 % | ||
| R1 | 138.63 | 1.79 % | ||
| Current price: | 136.20 | |||
| Support | S1 | 135.92 | -0.205 % | |
| S2 | 135.08 | -0.82 % | ||
| S3 | 133.73 | -1.82 % |
Accumulated Volume Support & Resistance Levels
| Level | Price | |||
|---|---|---|---|---|
| Resistance | R3 | 140.10 | 2.86 % | |
| R2 | 138.99 | 2.05 % | ||
| R1 | 136.32 | 0.0881 % | ||
| Current price | 136.20 | |||
| Support | S1 | 136.14 | -0.0441% | |
| S2 | 135.40 | -0.587% | ||
| S3 | 133.60 | -1.91% |
RYAAY Dividend Payout History
| # | Ex-Date | Pay Date | Amount | Yield | |
|---|---|---|---|---|---|
| 1 | Dec 26, 2023 | Jan 18, 2024 | Mar 11, 2024 | $0.94 | 0.665% |
| 2 | Oct 08, 2015 | Oct 28, 2015 | Nov 27, 2015 | $1.66 | 2.14% |
| 3 | Feb 05, 2015 | Feb 11, 2015 | Feb 27, 2015 | $2.20 | 3.39% |
| 4 | Nov 14, 2012 | Nov 14, 2012 | Nov 14, 2012 | $2.25 | 6.62% |
| 5 | Sep 23, 2010 | Sep 23, 2010 | Sep 23, 2010 | $2.19 | 7.22% |
FAQ
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