Stingray Group Inc (RAY-A.CA) Stock Technical Analysis
TSX:RAY-A • CA86084H1001
Overall RAY-A gets a technical rating of 9 out of 10. 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.
- Both the short term and long term trends are positive. This is a very positive sign.
- Looking at the yearly performance, RAY-A did better than 77% of all other stocks.
- RAY-A is one of the better performing stocks in the Media industry, it outperforms 75% of 13 stocks in the same industry.
- 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.
- RAY-A is currently showing a bull flag pattern! A bull flag pattern occurs when prices pull back slightly after a strong rise up. This may be a nice opportunity for an entry.
- Volume is considerably higher in the last couple of days, which is what you like to see during a strong movement up.
Although RAY-A has an excellent technical rating, it does not present a decent entry opportunity 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
When analyzing the support we can see 7 important areas.
- Support @15.74 from a trend line in the daily time frame.
- Support @14.58 from a trend line in the daily time frame.
- Support @14.16 from a horizontal 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 @9.10 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 | 77.21 | POSITIVE | RAY-A.CA has a high relative strength, it outperformed 77.21% 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) | 59.04 | NEUTRAL | The RSI value for RAY-A.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.01 | NEGATIVE | The MACD value suggests RAY-A.CA has a negative trend. |
| Stochastics (14,3) | 58.85 | NEUTRAL | The Stochastics value for RAY-A.CA is a neutral value. |
| Average True Range in percent/ATR (20) | 3.68 | MEDIUM VOLATILITY | The ATR as a percentage value for RAY-A.CA suggests some volalility. |
| Average Directional Index/ADX (14) | 32.37 | POSITIVE | The high ADX value value for RAY-A.CA suggests a strong trend. |
TSX:RAY-A (2/17/2026, 7:00:00 PM)
16.64
-0.35 (-2.06%)
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 9 / 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 59.0449. 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 -0.0138613, 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.