Ryde Group Ltd (RYDE)

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Ryde Group Ltd Stock (RYDE) Forecast

The Ryde Group Ltd (RYDE) stock price forecast for the next 30 days is generally negative, with an average analyst price target of $0.00, representing a -100.00% decrease from the current price of $0.7484. The highest analyst price target is $0.00, and the lowest is $0.00.

Disclaimer: The information on this page is not intended to be financial advice. It is for general information only and should not be used to make any investment decisions. Please consult with a professional financial advisor before making any investment decisions.

12-Month RYDE Price Target

Average 0.00 (-100.00% Downside)

Is Ryde Group Ltd (RYDE) A Buy Now?

Oscillators

Name	Value	Action
RSI(14)	38.76	Neutral
STOCH(9,6)	36.93	Neutral
STOCHRSI(14)	18.35	Buy
MACD(12,26)	-0.083	Sell
ADX(14)	39.04	Sell
William %R	-73.46	Neutral
CCI(14)	-73.49	Neutral

Buy: 1 Sell: 2 Neutral: 4

Summary: Neutral

Moving Averages

Period	Simple	Exponential
MA10	0.7909 Sell	0.802 Sell
MA20	0.8957 Sell	0.8742 Sell
MA50	1.079 Sell	0.9137 Sell
MA100	0.7531 Sell	0.8104 Sell
MA200	0.5837 Buy	0.649 Buy

Buy: 2 Sell: 8 Neutral: 0

Summary: Sell

According to our latest analysis, RYDE could be considered a Strong Sell, with 17 technical analysis indicators signaling 3 Buy signals, 10 signaling Sell signals and 4 Neutral signals. This might not be a good time to consider opening new positions on RYDE, as trading bearish markets can be challenging and may result in losses.

RSI (Relative Strength Index): The RSI(14) value of 38.76 indicates that RYDE is neither overbought nor oversold. It suggests a neutral sentiment in the short term.
STOCH (Stochastic Oscillator): The STOCH value of 36.93 indicates that RYDE is neither overbought nor oversold. It indicates a balanced market sentiment without any extreme buying or selling pressure.
STOCHRSI (Stochastic Relative Strength Index): The STOCHRSI value of 18.35 indicates that RYDE is oversold. This suggests that RYDE price is at or near the lowest level relative to its recent price history.
ADX (Average Directional Index): The ADX value of The ADX value of 39.04 suggests a moderate trend in the market. It indicates that there is more conviction behind the directional movement compared to lower ADX values. You should consider this as a potential opportunity to enter trades in the direction of the trend.
CCI (Commodity Channel Index): A CCI(14) value of A CCI(14) value of -73.49 indicates that RYDE is still oversold but not to an extreme extent.