Watch for Continued Gains in Shares of Ryanair Holdings (RYAAY)
Ryanair Holdings (NASDAQ:RYAAY) traded today at a new 52-week high of $89.67. This new high was reached on below average trading volume as 163,000 shares traded hands, while the average 30-day volume is approximately 318,000 shares.
Ryanair Holdings PLC provides low fare passenger airline services to destinations in Europe.
Potential upside of 8.5% exists for Ryanair Holdings, based on a current level of $87.12 and analysts' average consensus price target of $94.52. The stock should discover initial support at its 50-day moving average (MA) of $82.83 and subsequent support at its 200-day MA of $81.07.
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 $87.12, which is 46% above that low price. The 200-day and 50-day moving averages have moved 0.13% higher and 0.26% lower over the past week, respectively.
SmarTrend is monitoring the recent change of momentum in Ryanair Holdings. Please refer to our Company Overview for the results of our proprietary technical indicators that have been scanning shares of Ryanair Holdings in search of a potential trend change.
Keywords: 52 week high/lows ryanair holdings