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Ryanair Holdings Crosses Below its 10-day MA (RYAAY)

By Shiri Gupta

Today, shares of Ryanair Holdings (NASDAQ:RYAAY) have fallen below their 10-day MA of $74.91 on a volume of 169K shares. This may provide short-term investors a chance for a short position, as such a crossover often suggests lower prices in the near term.

In the past 52 weeks, shares of Ryanair Holdings have traded between a low of $59.86 and a high of $89.67 and are now at $74.75, which is 25% above that low price. Over the past week, the 200-day moving average (MA) has remained constant while the 50-day MA has declined 0.3%.

SmarTrend is tracking the current trend status for Ryanair Holdings and will alert subscribers who have RYAAY in their portfolio or watchlist when shares have changed trend direction.

Keywords: moving crosses ryanair holdings

Ticker(s): RYAAY