ERAYAK POWER SOLUTION GRP-A (RAYA) Technical Analysis
NASDAQ:RAYA • KYG3109F1110
Taking everything into account, RAYA scores 0 out of 10 in our technical rating. RAYA scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
- Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
- 100% of all other stocks performed better in the past year than RAYA.
- RAYA is part of the Electrical Equipment industry. There are 91 other stocks in this industry, of which 94% are performing better than RAYA.
- RAYA is currently trading near the lower end of its 52 week range, which is not a good sign. Certainly not because the S&P500 Index is trading near new 52 week highs at the moment.
- In the last month RAYA has a been trading in the 0.75 - 1.31 range, which is quite wide. It is currently trading near the lows of this range.
- Prices have been falling strongly lately, it is better to avoid new long positions here.
- RAYA has an average volume of 1193000 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- Considerably lower volume is observed in the last couple of days.
Although the technical rating is bad, RAYA does present a nice setup opportunity. Prices have been consolidating lately and the volatility has been reduced. There is very little resistance above the current price.
More info and screens
0.80
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 | DOWN | NEGATIVE | The long term trend for RAYA is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for RAYA is down. |
| ChartMill Relative Strength | 0.43 | NEGATIVE | RAYA has a low relative strength, it was outperformed by 99.57% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of RAYA is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of RAYA is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of RAYA is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 24.75 | OVERSOLD | The low RSI value suggests RAYA may be oversold. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.09 | POSITIVE | The MACD value suggests RAYA has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 12.19 | OVERSOLD | The low Stochastics value suggests RAYA may be oversold. |
| Average True Range in percent/ATR (20) | 14.18 | HIGH VOLATILITY | The high ATR as a percentage value for RAYA suggests high volalility. |
| Average Directional Index/ADX (14) | 33.84 | POSITIVE | The high ADX value value for RAYA suggests a strong trend. |
RAYA Technicals: Chart, Performance Metrics, Trend & Indicators
NASDAQ:RAYA (3/4/2026, 1:24:12 PM)
0.81
+0.05 (+6.58%)
ERAYAK POWER SOLUTION GRP-A / RAYA FAQ
What is the ChartMill technical rating of ERAYAK POWER SOLUTION GRP-A (RAYA) stock?
ChartMill assigns a technical rating of 0 / 10 to RAYA.
Can you provide the trend direction for ERAYAK POWER SOLUTION GRP-A?
The current trend direction for ERAYAK POWER SOLUTION GRP-A (RAYA) is Bearish.
What is the RSI signal for ERAYAK POWER SOLUTION GRP-A (RAYA) stock?
ERAYAK POWER SOLUTION GRP-A (RAYA) has an RSI value of 24.7493. This indicates that the stock is currently oversold.
Can you provide the buy/sell signal for ERAYAK POWER SOLUTION GRP-A?
The buy/sell signal for ERAYAK POWER SOLUTION GRP-A (RAYA) is sell as both the short term and long term trends are negative.