Next support is currently $1.03 away at $102.85
Ryanair's upper Bollinger Band® is at $106.11 which indicates a further downward move may follow.

Though in the midst of a 3 day uptrend, gaining a total of 4%, ($5.34), Today's session suggests run might be coming to an end — pronounced bearish market sentiment ensured that the Irish low-cost carrier made a notable 1.29% loss today, declining $1.36 and ultimately closing at $103.88.

The stock has been trending positively for about 2 months. Ryanair hit a significant low of $56.89 around 7 months ago, but has since recovered 85%.

Technical analysis shows that Ryanair Holdings plc could begin to recover as it approaches significant support, now $1.03 away from $102.85. Dipping below could be an indication that further losses are ahead. With regards to technical trend indicators, chart analysis show that investors are seeking long positions as Ryanair price action surged above +100 — a key CCI threshold indicating an imminent bullish trend. Today's price action generated a Japanese candlestick pattern showing 'Bearish Harami' is a candlestick chart indicator used for detecting reversals within a prevailing bull trend. It is generally indicated by a small price decrease that's contained within a broader upward price movement and is commonly associated with a bullish trend coming to an end. Asset volatility analysis shows that Ryanair's upper Bollinger Band® is at $106.11 which indicates a further downward move may follow.

Overall, while Ryanair has been on an uptrend, technical indicators suggest that it has no obvious direction for the immediate future.

Fundamental indicators – Crude Oil Inventories in United States fell short of market expectations (-920,000) with a reading of -12.46 million, continuing the decline from the previous figure of 5 million.

Ryanair was not the only decliner in the industrials sector; Union Pacific drops 2.28% today to close at $196.38. United Parcel Service lost 1.22% today and closed at $167.72. Honeywell International went down to $191.86, losing 1.6% after it closed at $194.97 today.

Upcoming fundamentals: United States Pending Home Sales is projected to outperform its last figure with 0.5%. It previously stood at -5.2%; data will be released tomorrow at 14:00 UTC.