Ryanair Holdings (RYAAY) Bearish Technical Alert - Trend Down 3.1%

Ryanair Holdings (NASDAQ:RYAAY) is trading 1.2% lower (down $0.33 to $27.27) today on volume of 66,989 shares. The stock has traded within a 52-week range of $15.69 and $32.87.

Ryanair Holdings is currently below its 50-day moving average of $28.13 and should find support at its 200-day moving average of $27.11.

SmarTrend is bearish on shares of RYAAY and our subscribers received a Downtrend alert on June 15, 2009 at $28.13, which has returned 3.1% to date.

Write to Chip Brian at cbrian@tradethetrend.com

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