STINGRAY GROUP -VARIABLE S (RAY-B.CA) Stock Technical Analysis
Canada - Toronto Stock Exchange - TSX:RAY-B - CA86084H2090 - Common Stock
Taking everything into account, RAY-B scores 10 out of 10 in our technical rating. 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 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
7 important support areas can be observed.
- A support zone ranging from 13.82 to 13.98. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @13.59 from a horizontal line in the daily time frame.
- A support zone ranging from 12.96 to 12.98. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @11.04 from a trend line in the daily time frame.
- Support @8.70 from a trend line in the weekly time frame.
- Support @7.64 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 | 85.45 | POSITIVE | RAY-B.CA has a high relative strength, it outperformed 85.45% 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) | 60.45 | NEUTRAL | The RSI value for RAY-B.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.15 | NEGATIVE | The MACD value suggests RAY-B.CA has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 18.28 | OVERSOLD | The low Stochastics value suggests RAY-B.CA may be oversold. |
| Average True Range in percent/ATR (20) | 4.14 | MEDIUM VOLATILITY | The ATR as a percentage value for RAY-B.CA suggests some volalility. |
| Average Directional Index/ADX (14) | 43.1 | POSITIVE | The high ADX value value for RAY-B.CA suggests a strong trend. |
TSX:RAY-B (12/29/2025, 7:00:00 PM)
14.5
+0.6 (+4.32%)
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.
What is the current trend direction of STINGRAY GROUP -VARIABLE S (RAY-B.CA) stock?
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 60.4545. This indicates that the stock is currently neutral.
What is the MACD signal for RAY-B stock?
The MACD indicator for STINGRAY GROUP -VARIABLE S (RAY-B.CA) has a value of -0.152031, indicating a bearish trend.
What are the support and resistance levels for STINGRAY GROUP -VARIABLE S (RAY-B.CA) stock?
STINGRAY GROUP -VARIABLE S (RAY-B.CA) has a support level at 13.98. Check the full technical report for our detailed analysis of RAY-B.CA support and resistance levels.