CRAY INC (CRAY) Technical Analysis
NASDAQ:CRAY
Current stock price
CRAY Technical Rating and Analysis
We assign a technical rating of 10 out of 10 to CRAY. Both in the recent history as in the last year, CRAY has proven to be a steady performer, scoring decent points in every aspect analyzed.
- Both the short term and long term trends are positive. This is a very positive sign.
- When comparing the yearly performance of all stocks, we notice that CRAY is one of the better performing stocks in the market, outperforming 96% of all stocks. We also observe that the gains produced by CRAY over the past year are nicely spread over this period.
- CRAY is currently trading near its 52 week high, which is a good sign. The S&P500 Index is trading in the upper part of its 52 week range, but not near new highs, so CRAY is leading the market.
- In the last month CRAY has a been trading in a tight range between 34.91 and 35.01.
- Volume is considerably higher in the last couple of days.
CRAY Weekly and Daily overview Charts
CRAY Setup Rating and Analysis
CRAY has an excellent technical rating, but the quality of the setup is only medium 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
CRAY Support and Resistance Analysis
26.27
When analyzing the support we can see 2 important areas.
- A support zone ranging from 34.48 to 34.98. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @26.54 from a trend line in the weekly time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 35.06 to 35.18. This zone is formed by a combination of multiple trend lines in the daily time frame.
CRAY Technical Indicator Signal Analysis
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 | UP | POSITIVE | The long term trend for CRAY is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for CRAY is up. |
| ChartMill Relative Strength | 96.31 | POSITIVE | CRAY has a high relative strength, it outperformed 96.31% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of CRAY is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of CRAY is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of CRAY is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 73.27 | OVERBOUGHT | The high RSI value suggests CRAY may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.01 | NEGATIVE | The MACD value suggests CRAY has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 86.51 | OVERBOUGHT | The high Stochastics value suggests CRAY may be overbought. |
| Average True Range in percent/ATR (20) | 0.07 | LOW VOLATILITY | The low ATR as a percentage value for CRAY suggests low volalility. |
CRAY Chart- and CandleStick Pattern Analysis
CRAY Technicals: Chart, Performance Metrics, Trend & Indicators
35.01
+0.02 (+0.04%)
CRAY INC / CRAY TA FAQ
Can you provide the ChartMill technical rating for CRAY INC?
ChartMill assigns a technical rating of 9 / 10 to CRAY.
What is the trend direction for CRAY stock?
The current trend direction for CRAY INC (CRAY) is Bullish.
Can you provide the RSI signal for CRAY INC?
CRAY INC (CRAY) has an RSI value of 73.2671. This indicates that the stock is currently overbought.
What is the MACD signal for CRAY INC (CRAY) stock?
The MACD indicator for CRAY INC (CRAY) has a value of -0.00902021, indicating a bearish trend.
What is the short term momentum for CRAY INC (CRAY) stock?
The short term momentum for CRAY INC (CRAY) is positive.