STINGRAY GROUP -VARIABLE S (RAY-B.CA) Stock Technical Analysis
TSX:RAY-B - Toronto Stock Exchange - CA86084H2090 - Common Stock - Currency: CAD
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.
Warning: RAY-B has an average volume of 912 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
The long and short term trends are both positive. This is looking good!
Looking at the yearly performance, RAY-B did better than 81% of all other stocks. On top of that, RAY-B also shows a nice and consistent pattern of rising prices.
RAY-B is part of the Media industry. There are 12 other stocks in this industry. RAY-B outperforms 81% of them.
RAY-B is currently trading near its 52 week high, which is a good sign. The S&P500 Index however is also trading near new highs, which makes the performance in line with the market.
In the last month RAY-B has a been trading in the 7.92 - 11.05 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Considerably lower volume is observed in the last couple of days.
Although RAY-B 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
7.19
10.30
4 important support areas can be observed.
- Support @8.18 from a trend line in the daily time frame.
- Support @7.89 from a trend line in the weekly time frame.
- Support @7.47 from a trend line in the weekly time frame.
- A support zone ranging from 7.26 to 7.27. 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-B.CA is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for RAY-B.CA is up. |
| ChartMill Relative Strength | 81.97 | POSITIVE | RAY-B.CA has a high relative strength, it outperformed 81.97% 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) | 56.59 | NEUTRAL | The RSI value for RAY-B.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.01 | POSITIVE | The MACD value suggests RAY-B.CA has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 44.56 | NEUTRAL | The Stochastics value for RAY-B.CA is a neutral value. |
| Average True Range in percent/ATR (20) | 4.41 | MEDIUM VOLATILITY | The ATR as a percentage value for RAY-B.CA suggests some volalility. |
| Average Directional Index/ADX (14) | 25.7 | POSITIVE | The high ADX value value for RAY-B.CA suggests a strong 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-B (8/11/2025, 7:00:00 PM)
10.2
0 (0%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorCommunication Services
GICS IndustryMedia
Performance
% Chg0%
1 Week-1.16%
2 Weeks3.66%
1 Month37.84%
3 Month12.09%
6 Month40.5%
12 Month60.88%
2 Year96.15%
3 Year86.47%
5 Year92.45%
10 Year41.67%
15 YearN/A
Volatility
ATR(14)0.3
ATR(20)%4.41%
ATR Inc-52.75%
Range Today0.3
ADR(20)0.08
ADR(20)%0.77%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS81.97
Mansfield1.13
10 Day High11.05
10 Day Low9.9
20 Day High11.05
20 Day Low7.92
52 Week High11.05
52 Week Low0
CS1 End8.18
CR1 StartN/A
Volume & EV
DER(3)-688.79%
DER(5)-566.91%
Volume496
Volume Incr-64.07%
Vol(5)422
Vol(50)912.54