STINGRAY GROUP -VARIABLE S (RAY-B.CA) Stock Technical Analysis
Canada - TSX:RAY-B - CA86084H2090 - Common Stock
We assign a technical rating of 10 out of 10 to RAY-B. Both in the recent history as in the last year, RAY-B has proven to be a steady performer, scoring decent points in every aspect analyzed.
Although RAY-B has an excellent technical rating, it does not offer a high quality setup at the moment. Prices have been extended to the downside lately. For a nice entry it is better to wait for a consolidation.
More info and screens
7.19
When analyzing the support we can see 6 important areas.
- A support zone ranging from 10.90 to 10.98. 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 9.99 to 10.07. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @9.69 from a trend line in the daily time frame.
- Support @8.32 from a trend line in the weekly time frame.
- Support @7.56 from a trend line in the weekly time frame.
- Support @7.26 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-B.CA is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for RAY-B.CA is up. |
| ChartMill Relative Strength | 77.46 | POSITIVE | RAY-B.CA has a high relative strength, it outperformed 77.46% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of RAY-B.CA is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of RAY-B.CA is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of RAY-B.CA is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 54.96 | NEUTRAL | The RSI value for RAY-B.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.05 | POSITIVE | The MACD value suggests RAY-B.CA has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 84.75 | OVERBOUGHT | The high Stochastics value suggests RAY-B.CA may be overbought. |
| Average True Range in percent/ATR (20) | 2.61 | MEDIUM VOLATILITY | The ATR as a percentage value for RAY-B.CA suggests some volalility. |
| Average Directional Index/ADX (14) | 29.51 | POSITIVE | The high ADX value value for RAY-B.CA suggests a strong trend. |
TSX:RAY-B (11/4/2025, 7:00:00 PM)
11.2
-0.95 (-7.82%)
STINGRAY GROUP -VARIABLE S / RAY-B.CA FAQ
Can you provide the ChartMill technical rating for STINGRAY GROUP -VARIABLE S?
ChartMill assigns a technical rating of 10 / 10 to RAY-B.CA.
Can you provide the trend direction for STINGRAY GROUP -VARIABLE S?
The current trend direction for STINGRAY GROUP -VARIABLE S (RAY-B.CA) is Bullish.
What is the RSI signal for STINGRAY GROUP -VARIABLE S (RAY-B.CA) stock?
STINGRAY GROUP -VARIABLE S (RAY-B.CA) has an RSI value of 54.9576. This indicates that the stock is currently neutral.
Can you provide the short term momentum for STINGRAY GROUP -VARIABLE S?
The short term momentum for STINGRAY GROUP -VARIABLE S (RAY-B.CA) is positive.
Can you provide the support and resistance levels for STINGRAY GROUP -VARIABLE S?
STINGRAY GROUP -VARIABLE S (RAY-B.CA) has a support level at 10.98. Check the full technical report for our detailed analysis of RAY-B.CA support and resistance levels.