ACCURAY INC (ARAY) Stock Technical Analysis
NASDAQ:ARAY - Nasdaq - US0043971052 - Common Stock - Currency: USD
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.
Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
87% of all other stocks performed better in the past year than ARAY.
ARAY is currently trading near the lower end of its 52 week range, which is not a good sign. Certainly not because the S&P500 Index is trading near new 52 week highs at the moment.
In the last month ARAY has a been trading in the 1.26 - 1.45 range, which is quite wide. It is currently trading near the lows of this range.
ARAY is part of the Health Care Equipment & Supplies industry. There are 187 other stocks in this industry, ARAY did better than 41% of them.
Although the technical rating is bad, ARAY does present a nice setup opportunity. We see reduced volatility while prices have been consolidating in the most recent period. There is very little resistance above the current price.
More info and screens
1.29
2.20
We can see 4 important resistance areas.
- Resistance @1.31 from a trend line in the daily time frame.
- A resistance zone ranging from 1.34 to 1.42. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @1.53 from a trend line in the daily time frame.
- Resistance @2.18 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 | 13.54 | NEGATIVE | ARAY has a low relative strength, it was outperformed by 86.46% 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) | 42.6 | NEUTRAL | The RSI value for ARAY is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.01 | NEGATIVE | The MACD value suggests ARAY has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 18.87 | OVERSOLD | The low Stochastics value suggests ARAY may be oversold. |
| Average True Range in percent/ATR (20) | 3.81 | MEDIUM VOLATILITY | The ATR as a percentage value for ARAY suggests some volalility. |
| Average Directional Index/ADX (14) | 11.51 | NEGATIVE | The low ADX value for ARAY suggests a weak or negative trend. |
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
1.3
+0.01 (+0.78%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryHealth Care Equipment & Supplies
Performance
% Chg0.78%
1 Week-5.11%
2 Weeks-4.41%
1 Month-5.8%
3 Month-13.91%
6 Month-46.5%
12 Month-14.47%
2 Year-54.39%
3 Year-45.38%
5 Year-44.21%
10 Year-81.13%
15 Year-80.24%
Volatility
ATR(14)0.05
ATR(20)%3.81%
ATR Inc-46.37%
Range Today0.04
ADR(20)0.05
ADR(20)%3.73%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS13.54
Mansfield-3.26
10 Day High1.42
10 Day Low1.26
20 Day High1.45
20 Day Low1.26
52 Week High2.95
52 Week Low1.14
CS1 EndN/A
CR1 Start1.31
Volume & EV
DER(3)2.43%
DER(5)-1.1%
Volume397.90K
Volume Incr-12.93%
Vol(5)593.78K
Vol(50)897.02K