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Ryder System Inc Down 49.5% Since SmarTrend Downtrend Call (R)

By James Quinn

SmarTrend identified a Downtrend for Ryder System Inc (NYSE:R) on January 23rd, 2020 at $52.53. In approximately 2 months, Ryder System Inc has returned 49.51% as of today's recent price of $26.52.

Ryder System Inc share prices have moved between a 52-week high of $67.65 and a 52-week low of $23.41 and are now trading 13% above that low price at $26.52 per share. In the last five trading sessions, the 50-day moving average (MA) has fallen 3.8% while the 200-day MA has slid 0.8%.

Ryder System, Inc. provides a continuum of logistics, supply chain, and transportation management solutions worldwide. The Company's offerings range from full-service leasing, commercial rental and maintenance of vehicles to integrated services. The Company also offers comprehensive supply chain solutions, logistics management services, and e-Commerce solutions.

SmarTrend will continue to scan these moving averages and a number of other proprietary indicators for any changes in momentum for shares of Ryder System Inc.

Log in and add Ryder System Inc (R) to your watchlist today so you can receive a real-time alert when the shares are about to change trend.

Keywords: spotlights ryder system inc

Ticker(s): R