SmarTrend identified an Uptrend for Ryder System (NYSE:R) on July 25th, 2012 at $37.44. In approximately 5 months, Ryder System has returned 30.07% as of today's recent price of $48.69.

In the past 52 weeks, shares of Ryder System have traded between a low of $32.76 and a high of $57.63 and are now at $48.69, which is 49% above that low price. Over the last five market days, the 200-day moving average (MA) has remained constant while the 50-day MA has advanced 1.0%.

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 shifts in the trajectory of Ryder System shares.

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