Shares of Ryanair Holdings (NASDAQ:RYAAY) traded today at $41.44, breaking its 52-week high. So far today approximately 356,000 shares have been exchanged, as compared to an average 30-day volume of 435,000 shares.

Ryanair Holdings has overhead space with shares priced $41.10, or 13.5% below the average consensus analyst price target of $47.50. The stock should discover initial support at its 50-day moving average (MA) of $36.63 and subsequent support at its 200-day MA of $32.95.

In the past 52 weeks, Ryanair Holdings share prices have been bracketed by a low of $23.87 and a high of $41.44 and are now at $41.10, 72% above that low price. Over the past week, the 200-day moving average (MA) has gone up 0.3% while the 50-day MA has advanced 1.0%.

Ryanair Holdings PLC provides low fare passenger airline services to destinations in Europe.

SmarTrend recommended that subscribers consider buying shares of Ryanair Holdings on January 7th, 2013 as our proprietary SmarTrend analytics indicated a new Uptrend was in progress when shares hit $36.63. Since that recommendation, shares of Ryanair Holdings have risen 12.0%. We continue to monitor RYAAY for any potential shift so investors can protect gains and will alert SmarTrend subscribers immediately.