STINGRAY GROUP INC (RAY-A.CA) Stock Technical Analysis
TSX:RAY-A - Toronto Stock Exchange - CA86084H1001 - Common Stock - Currency: CAD
Overall RAY-A gets a technical rating of 6 out of 10. In the last year, RAY-A was one of the better performers, but we do observe some doubts in the very recent evolution.
In the last month RAY-A has a been trading in the 9.69 - 11.26 range, which is quite wide. It is currently trading near the lows of this range.
Looking at the yearly performance, RAY-A did better than 71% of all other stocks. On top of that, RAY-A also shows a nice and consistent pattern of rising prices.
RAY-A is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so RAY-A is lagging the market slightly.
The long term trend is positive and the short term trend is negative. It is probably better to wait until this picture becomes clearer.
RAY-A is part of the Media industry. There are 12 other stocks in this industry, RAY-A did better than 63% of them.
RAY-A has an average technical rating and the quality of the presented setup is also not ideal 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
10.42
We found 4 important support areas.
- A support zone ranging from 9.81 to 9.99. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @8.37 from a trend line in the weekly time frame.
- Support @8.16 from a trend line in the daily time frame.
- Support @7.10 from a horizontal line in the weekly time frame.
We found 1 important resistance area.
- A resistance zone ranging from 10.06 to 10.32. This zone is formed by a combination of multiple trend lines and important moving averages in the daily 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 | DOWN | NEGATIVE | The short term trend for RAY-A.CA is down. |
| ChartMill Relative Strength | 71.48 | POSITIVE | RAY-A.CA has a high relative strength, it outperformed 71.48% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of RAY-A.CA is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | MIXED | The current price of RAY-A.CA is below 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) | 45.96 | NEUTRAL | The RSI value for RAY-A.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.11 | NEGATIVE | The MACD value suggests RAY-A.CA has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 14.01 | OVERSOLD | The low Stochastics value suggests RAY-A.CA may be oversold. |
| Average True Range in percent/ATR (20) | 3.07 | MEDIUM VOLATILITY | The ATR as a percentage value for RAY-A.CA suggests some volalility. |
| Average Directional Index/ADX (14) | 22.62 | NEUTRAL | The ADX value for RAY-A.CA suggests a possible start of a new 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)
TSX:RAY-A (8/15/2025, 7:00:00 PM)
10
+0.15 (+1.52%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorCommunication Services
GICS IndustryMedia
Performance
% Chg1.52%
1 Week-0.5%
2 Weeks-5.12%
1 Month-6.37%
3 Month14.94%
6 Month10.5%
12 Month24.22%
2 Year96.08%
3 Year81.49%
5 Year83.49%
10 Year36.99%
15 YearN/A
Volatility
ATR(14)0.35
ATR(20)%3.07%
ATR Inc-45.49%
Range Today0.3
ADR(20)0.3
ADR(20)%3.03%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS71.48
Mansfield0.76
10 Day High11.26
10 Day Low9.69
20 Day High11.26
20 Day Low9.69
52 Week High11.26
52 Week Low6.76
CS1 End9.99
CR1 Start10.06
Volume & EV
DER(3)-4.31%
DER(5)-5.66%
Volume56.88K
Volume Incr19.89%
Vol(5)40.43K
Vol(50)35.78K