STINGRAY GROUP INC (RAY-A.CA) Stock Technical Analysis
Canada - Toronto Stock Exchange - TSX:RAY-A - CA86084H1001 - Common Stock
Overall RAY-A gets a technical rating of 10 out of 10. Both in the recent history as in the last year, RAY-A 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 RAY-A is one of the better performing stocks in the market, outperforming 80% of all stocks. On top of that, RAY-A also shows a nice and consistent pattern of rising prices.
- RAY-A is part of the Media industry. There are 15 other stocks in this industry. RAY-A outperforms 71% of them.
- A new 52 week high is currently being made by RAY-A, which is a very good signal! However, this is in line with the S&P500, which is also trading near new highs.
- In the last month RAY-A has a been trading in the 13.97 - 15.99 range, which is quite wide. It is currently trading near the high of this range.
- Volume is considerably higher in the last couple of days.
Although RAY-A has an excellent technical rating, it does not offer a high 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
7.03
We found 6 important support areas.
- A support zone ranging from 14.44 to 14.86. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A support zone ranging from 13.82 to 13.97. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @11.65 from a trend line in the daily time frame.
- Support @9.87 from a horizontal line in the daily time frame.
- Support @8.97 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 | UP | POSITIVE | The short term trend for RAY-A.CA is up. |
| ChartMill Relative Strength | 80.51 | POSITIVE | RAY-A.CA has a high relative strength, it outperformed 80.51% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of RAY-A.CA is above 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) | 68.17 | NEUTRAL | The RSI value for RAY-A.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.09 | POSITIVE | The MACD value suggests RAY-A.CA has a positive trend. |
| Stochastics (14,3) | 84.21 | OVERBOUGHT | The high Stochastics value suggests RAY-A.CA may be overbought. |
| Average True Range in percent/ATR (20) | 2.7 | MEDIUM VOLATILITY | The ATR as a percentage value for RAY-A.CA suggests some volalility. |
| Average Directional Index/ADX (14) | 21.09 | NEUTRAL | The ADX value for RAY-A.CA suggests a possible start of a new trend. |
TSX:RAY-A (1/23/2026, 7:00:00 PM)
15.66
-0.13 (-0.82%)
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 10 / 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 68.1745. 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 0.0927367, 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 positive.