ERAYAK POWER SOLUTION GRP-A (RAYA) Stock Technical Analysis
NASDAQ:RAYA - Nasdaq - KYG3109F1037 - Common Stock - Currency: USD
Overall RAYA gets a technical rating of 10 out of 10. Both in the recent history as in the last year, RAYA has proven to be a steady performer, scoring decent points in every aspect analyzed.
Both the short term and long term trends are positive. This is a very positive sign.
When comparing the yearly performance of all stocks, we notice that RAYA is one of the better performing stocks in the market, outperforming 98% of all stocks. On top of that, RAYA also shows a nice and consistent pattern of rising prices.
RAYA is part of the Electrical Equipment industry. There are 93 other stocks in this industry. RAYA outperforms 96% of them.
RAYA is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so RAYA is lagging the market slightly.
In the last month RAYA has a been trading in the 1.67 - 3.35 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.
RAYA has an excellent technical rating and also presents a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is very little resistance above the current price.
More info and screens
1.16
3.07
We found 1 important support area.
- Support @1.17 from a horizontal line in the daily time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 3.02 to 3.04. 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 RAYA is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for RAYA is up. |
| ChartMill Relative Strength | 98.17 | POSITIVE | RAYA has a high relative strength, it outperformed 98.17% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of RAYA is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of RAYA is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of RAYA is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 66.2 | NEUTRAL | The RSI value for RAYA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.04 | POSITIVE | The MACD value suggests RAYA has a positive trend. |
| Stochastics (14,3) | 81.65 | OVERBOUGHT | The high Stochastics value suggests RAYA may be overbought. |
| Average True Range in percent/ATR (20) | 15.25 | HIGH VOLATILITY | The high ATR as a percentage value for RAYA suggests high volalility. |
| Average Directional Index/ADX (14) | 32.62 | POSITIVE | The high ADX value value for RAYA 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)
NASDAQ:RAYA (7/18/2025, 1:46:45 PM)
2.91
-0.12 (-3.96%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryElectrical Equipment
Performance
% Chg-3.96%
1 Week16.99%
2 Weeks31.74%
1 Month43.6%
3 Month70.22%
6 Month142.4%
12 Month256.47%
2 Year77.19%
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.56
ATR(20)%15.25%
ATR Inc-15.74%
Range Today0.48
ADR(20)0.46
ADR(20)%15.69%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS98.17
Mansfield11.23
10 Day High3.35
10 Day Low1.77
20 Day High3.35
20 Day Low1.67
52 Week High3.35
52 Week Low0.56
CS1 End1.17
CR1 StartN/A
Volume & EV
DER(3)-8.45%
DER(5)-16.62%
Volume1.05M
Volume Incr513.64%
Vol(5)2.72M
Vol(50)458.35K