STINGRAY GROUP -VARIABLE S (RAY-B.CA) Stock Technical Analysis
Canada • Toronto Stock Exchange • TSX:RAY-B • CA86084H2090
We assign a technical rating of 10 out of 10 to RAY-B. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, RAY-B is showing a nice and steady performance.
- Warning: RAY-B has an average volume of 2128 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 87% of all other stocks. On top of that, RAY-B also shows a nice and consistent pattern of rising prices.
- RAY-B is one of the better performing stocks in the Media industry, it outperforms 83% of 13 stocks in the same industry.
- 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 13.62 - 17.50 range, which is quite wide. It is currently trading near the high of this range.
- Volume is considerably higher in the last couple of days, which is what you like to see during a strong movement up.
- Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
Although RAY-B has an excellent technical rating, it does not offer a high quality setup 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
We found 4 important support areas.
- Support @14.25 from a trend line in the daily time frame.
- A support zone ranging from 13.60 to 13.80. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Support @8.91 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 | 87.23 | POSITIVE | RAY-B.CA has a high relative strength, it outperformed 87.23% 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) | 65.95 | NEUTRAL | The RSI value for RAY-B.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.22 | POSITIVE | The MACD value suggests RAY-B.CA has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 92.7 | OVERBOUGHT | The high Stochastics value suggests RAY-B.CA may be overbought. |
| Average True Range in percent/ATR (20) | 3.52 | MEDIUM VOLATILITY | The ATR as a percentage value for RAY-B.CA suggests some volalility. |
| Average Directional Index/ADX (14) | 38.01 | POSITIVE | The high ADX value value for RAY-B.CA suggests a strong trend. |
TSX:RAY-B (2/10/2026, 7:00:00 PM)
17.4
+0.15 (+0.87%)
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 65.9529. 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 0.217423, 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 14.25. Check the full technical report for our detailed analysis of RAY-B.CA support and resistance levels.