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.
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
We found 6 important support areas.
- A support zone ranging from 13.82 to 13.82. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 12.23 to 12.33. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Support @10.96 from a trend line in the daily time frame.
- Support @9.87 from a horizontal line in the daily time frame.
- Support @8.79 from a trend line in the weekly time frame.
- Support @7.10 from a horizontal line in the weekly time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 15.13 to 15.24. This zone is formed by a combination of multiple trend lines in multiple time frames.
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 | 84.84 | POSITIVE | RAY-A.CA has a high relative strength, it outperformed 84.84% 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) | 53.15 | NEUTRAL | The RSI value for RAY-A.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.23 | NEGATIVE | The MACD value suggests RAY-A.CA has a negative trend. |
| Stochastics (14,3) | 18.64 | OVERSOLD | The low Stochastics value suggests RAY-A.CA may be oversold. |
| Average True Range in percent/ATR (20) | 4.01 | MEDIUM VOLATILITY | The ATR as a percentage value for RAY-A.CA suggests some volalility. |
| Average Directional Index/ADX (14) | 38.6 | POSITIVE | The high ADX value value for RAY-A.CA suggests a strong trend. |
TSX:RAY-A (12/9/2025, 7:00:00 PM)
13.83
-0.24 (-1.71%)
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.
What is the trend direction for RAY-A stock?
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 53.1466. This indicates that the stock is currently neutral.
Can you provide the short term momentum for STINGRAY GROUP INC?
The short term momentum for STINGRAY GROUP INC (RAY-A.CA) is positive.
What are the support and resistance levels for STINGRAY GROUP INC (RAY-A.CA) stock?
STINGRAY GROUP INC (RAY-A.CA) has a support level at 13.82 and a resistance level at 15.13. Check the full technical report for our detailed analysis of RAY-A.CA support and resistance levels.