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Downtrend Call Working As Ryder System Inc Stock Falls 49.7% (R)

By Shiri Gupta

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 49.67% as of today's recent price of $26.44.

In the past 52 weeks, Ryder System Inc share prices have been bracketed by a low of $23.41 and a high of $67.65 and are now at $26.44, 13% above that low price. Over the past week, the 200-day moving average (MA) has gone down 0.9% while the 50-day MA has declined 4.4%.

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