Stingray Group Inc (RAY-A.CA) Technical Analysis
TSX:RAY-A • CA86084H1001
Current stock price
RAY-A.CA Technical Rating and Analysis
We assign a technical rating of 7 out of 10 to RAY-A. 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 14.39 - 18.00 range, which is quite wide. It is currently trading near the lows of this range.
- Prices have been falling strongly lately, it is better to avoid new long positions here.
- The long term trend is positive and the short term trend is neutral. The long term trend gets the benefit of the doubt for now.
- When comparing the yearly performance of all stocks, we notice that RAY-A is one of the better performing stocks in the market, outperforming 79% of all stocks. On top of that, RAY-A also shows a nice and consistent pattern of rising prices.
- RAY-A is one of the better performing stocks in the Media industry, it outperforms 72% of 12 stocks in the same industry.
- 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.
- Considerably lower volume is observed in the last couple of days.
RAY-A.CA Weekly and Daily overview Charts
RAY-A.CA Setup Rating and Analysis
Although RAY-A has an excellent technical rating, the quality of the presented setup is 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
RAY-A.CA Support and Resistance Analysis
7.03
5 important support areas can be observed.
- A support zone ranging from 14.49 to 14.49. This zone is formed by a combination of multiple trend lines in multiple time frames.
- 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 @9.19 from a trend line in the weekly time frame.
- Support @7.10 from a horizontal line in the weekly time frame.
3 important resistance areas can be observed.
- Resistance @14.78 from a trend line in the daily time frame.
- A resistance zone ranging from 15.50 to 15.58. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @15.93 from a horizontal line in the daily time frame.
RAY-A.CA Technical Indicator Signal Analysis
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 | 79.83 | POSITIVE | RAY-A.CA has a high relative strength, it outperformed 79.83% 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) | 36.09 | NEUTRAL | The RSI value for RAY-A.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.15 | NEGATIVE | The MACD value suggests RAY-A.CA has a negative trend. |
| Stochastics (14,3) | 6.55 | OVERSOLD | The low Stochastics value suggests RAY-A.CA may be oversold. |
| Average True Range in percent/ATR (20) | 5.27 | HIGH VOLATILITY | The high ATR as a percentage value for RAY-A.CA suggests high volalility. |
| Average Directional Index/ADX (14) | 13.66 | NEGATIVE | The low ADX value for RAY-A.CA suggests a weak or negative trend. |
RAY-A.CA Chart- and CandleStick Pattern Analysis
RAY-A.CA Example Setup
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 |
|---|---|---|---|
| 14.79 | 14.48 | 0.31 (2.10%) | 25.00% |
| An entry @14.79. This is a Buy Stop order right above the resistance zone. | An exit @14.48. This is a Stop Loss order right below the support zone. | The worst case loss on the trade is limited to 0.31 points, which is 2.10%. | When investing 25.00% of your capital in this trade, your total portfolio risk will be 0.52%. |
- The distance between exit and entry is rather small compared to the average daily movement of RAY-A. Please evaluate whether better entry and exit points can be found.
- 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.
RAY-A.CA Technicals: Chart, Performance Metrics, Trend & Indicators
TSX:RAY-A (3/13/2026, 7:00:00 PM)
14.5
-0.25 (-1.69%)
Stingray Group Inc / RAY-A.CA TA FAQ
What is the ChartMill technical rating of Stingray Group Inc (RAY-A.CA) stock?
ChartMill assigns a technical rating of 7 / 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 Stingray Group Inc (RAY-A.CA) stock?
Stingray Group Inc (RAY-A.CA) has an RSI value of 36.086. This indicates that the stock is currently neutral.
What is the MACD signal for RAY-A stock?
The MACD indicator for Stingray Group Inc (RAY-A.CA) has a value of -0.145797, indicating a bearish trend.
What is the support and resistance level for RAY-A stock?
Stingray Group Inc (RAY-A.CA) has a support level at 14.49 and a resistance level at 14.78. Check the full technical report for our detailed analysis of RAY-A.CA support and resistance levels.