ACCURAY INC (ARAY) Stock Technical Analysis
USA - NASDAQ:ARAY - US0043971052 - Common Stock
Taking everything into account, ARAY scores 0 out of 10 in our technical rating. ARAY's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
The technical rating of ARAY is bad and it also does not present a quality setup at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
1.21
We found 1 important support area.
- A support zone ranging from 1.22 to 1.22. This zone is formed by a combination of multiple trend lines in multiple time frames.
We can see 4 important resistance areas.
- Resistance @1.69 from a trend line in the weekly time frame.
- Resistance @1.77 from a trend line in the daily time frame.
- Resistance @1.90 from a horizontal line in the daily time frame.
- Resistance @2.05 from a trend line in the weekly time frame.
The Technical Rating and Setup analysis above combine different indicators and trends in different timeframes. Individual signals from indicators may give more contradictive signals and should always be interpreted in the more global context.
| Indicator | Value | Signal | Comment |
|---|---|---|---|
| ChartMill Long Term Trend Indicator | DOWN | NEGATIVE | The long term trend for ARAY is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for ARAY is down. |
| ChartMill Relative Strength | 14.86 | NEGATIVE | ARAY has a low relative strength, it was outperformed by 85.14% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of ARAY is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of ARAY is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of ARAY is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 34.94 | NEUTRAL | The RSI value for ARAY is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.04 | NEGATIVE | The MACD value suggests ARAY has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 5.36 | OVERSOLD | The low Stochastics value suggests ARAY may be oversold. |
| Average True Range in percent/ATR (20) | 8.54 | HIGH VOLATILITY | The high ATR as a percentage value for ARAY suggests high volalility. |
| Average Directional Index/ADX (14) | 22.52 | NEUTRAL | The ADX value for ARAY suggests a possible start of a new trend. |
1.4
-0.01 (-0.71%)
ACCURAY INC / ARAY FAQ
What is the technical rating for ARAY stock?
ChartMill assigns a technical rating of 0 / 10 to ARAY.
What is the current trend direction of ACCURAY INC (ARAY) stock?
The current trend direction for ACCURAY INC (ARAY) is Bearish.
What is the RSI signal for ACCURAY INC (ARAY) stock?
ACCURAY INC (ARAY) has an RSI value of 34.9388. This indicates that the stock is currently neutral.
What is the MACD signal for ACCURAY INC (ARAY) stock?
The MACD indicator for ACCURAY INC (ARAY) has a value of -0.0351462, indicating a bearish trend.
What is the buy/sell signal for ARAY stock?
The buy/sell signal for ACCURAY INC (ARAY) is sell as both the short term and long term trends are negative.