Stingray Group Inc (RAY-A.CA) Stock Technical Analysis
TSX:RAY-A • CA86084H1001
We assign a technical rating of 8 out of 10 to RAY-A. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, RAY-A is showing a nice and steady performance.
- In the last month RAY-A has a been trading in the 14.88 - 18.00 range, which is quite wide. It is currently trading near the lows of this range.
- The long term trend is positive and the short term trend is neutral. The long term trend may just continue or reversal may be around the corner!
- When comparing the yearly performance of all stocks, we notice that RAY-A is one of the better performing stocks in the market, outperforming 75% of all stocks. We also observe that the gains produced by RAY-A over the past year are nicely spread over this period.
- RAY-A is currently trading in the upper part of its 52 week range. The S&P500 Index is also trading in the upper part of its 52 week range, so RAY-A is performing more or less in line with the market.
- RAY-A is part of the Media industry. There are 11 other stocks in this industry, RAY-A did better than 70% of them.
RAY-A has an excellent technical rating and also presents a decent setup pattern. Prices have been consolidating lately. There is very little resistance above the current price. There is a support zone below the current price at 15.41, a Stop Loss order could be placed below this zone. We notice that large players showed an interest for RAY-A in the last couple of days, which is a good sign.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
More info and screens
7.03
We found 6 important support areas.
- A support zone ranging from 15.24 to 15.41. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @14.72 from a trend line in the daily time frame.
- Support @13.83 from a horizontal line in the daily time frame.
- Support @9.87 from a horizontal line in the daily time frame.
- Support @9.16 from a trend line in the weekly time frame.
- Support @7.10 from a horizontal 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 | UP | POSITIVE | The long term trend for RAY-A.CA is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for RAY-A.CA is neutral. |
| ChartMill Relative Strength | 75.36 | POSITIVE | RAY-A.CA has a high relative strength, it outperformed 75.36% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of RAY-A.CA is below the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of RAY-A.CA is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of RAY-A.CA is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 50.63 | NEUTRAL | The RSI value for RAY-A.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.19 | NEGATIVE | The MACD value suggests RAY-A.CA has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 21.02 | NEUTRAL | The Stochastics value for RAY-A.CA is a neutral value. |
| Average True Range in percent/ATR (20) | 4.87 | MEDIUM VOLATILITY | The ATR as a percentage value for RAY-A.CA suggests some volalility. |
| Average Directional Index/ADX (14) | 20.38 | NEUTRAL | The ADX value for RAY-A.CA suggests a possible start of a new trend. |
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 17.35 | 15.23 | 2.12 (12.22%) | 8.18% |
| An entry @17.35. This is a Buy Stop order right above the 10 day high. | An exit @15.23. This is a Stop Loss order right below the support zone. | The worst case loss on the trade is limited to 2.12 points, which is 12.22%. | When investing 8.18% of your capital in this trade, your total portfolio risk will be 1.00%. |
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
TSX:RAY-A (3/2/2026, 7:00:00 PM)
15.92
+0.67 (+4.39%)
Stingray Group Inc / RAY-A.CA FAQ
What is the ChartMill technical rating of Stingray Group Inc (RAY-A.CA) stock?
ChartMill assigns a technical rating of 8 / 10 to RAY-A.CA.
Can you provide the trend direction for Stingray Group Inc?
The current trend direction for Stingray Group Inc (RAY-A.CA) is Bullish.
What is the RSI signal for RAY-A stock?
Stingray Group Inc (RAY-A.CA) has an RSI value of 50.6258. This indicates that the stock is currently neutral.
What is the MACD signal for Stingray Group Inc (RAY-A.CA) stock?
The MACD indicator for Stingray Group Inc (RAY-A.CA) has a value of -0.189282, indicating a bearish trend.
What is the short term momentum for RAY-A stock?
The short term momentum for Stingray Group Inc (RAY-A.CA) is neutral.