ERAYAK POWER SOLUTION GRP-A (RAYA) Technical Analysis
NASDAQ:RAYA • KYG3109F1110
Current stock price
0.4348 USD
+0 (+1%)
At close:
0.402 USD
-0.03 (-7.54%)
After Hours:
RAYA Technical Rating and Analysis
Taking everything into account, RAYA scores 0 out of 10 in our technical rating. RAYA's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
- The short term trend is negative, as is the long term trend. There should be more interesting stocks out there.
- 100% of all other stocks performed better in the past year than RAYA.
- RAYA is part of the Electrical Equipment industry. There are 92 other stocks in this industry, of which 95% are performing better than RAYA.
- RAYA is currently trading near the lower end of its 52 week range, which is not a good sign. The S&P500 Index is trading in the upper part of its 52 week range, so RAYA is lagging the market.
- In the last month RAYA has a been trading in the 0.31 - 1.03 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.
- Volume is considerably higher in the last couple of days. In combination with the strong move down this is a bad signal.
- RAYA has an average volume of 1735250 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
RAYA Weekly and Daily overview Charts
RAYA Setup Rating and Analysis
The technical rating of RAYA is bad and it also does not present a 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
RAYA Support and Resistance Analysis
RAYA Technical Indicator Signal Analysis
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 | 0.31 | NEGATIVE | RAYA has a low relative strength, it was outperformed by 99.69% 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) | 23.96 | OVERSOLD | The low RSI value suggests RAYA may be oversold. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | NEGATIVE | The MACD value suggests RAYA has a negative trend. |
| Stochastics (14,3) | 15.84 | OVERSOLD | The low Stochastics value suggests RAYA may be oversold. |
| Average True Range in percent/ATR (20) | 23.62 | HIGH VOLATILITY | The high ATR as a percentage value for RAYA suggests high volalility. |
| Average Directional Index/ADX (14) | 26.15 | POSITIVE | The high ADX value value for RAYA suggests a strong trend. |
RAYA Chart- and CandleStick Pattern Analysis
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)
RAYA Technicals: Chart, Performance Metrics, Trend & Indicators
0.4348
+0 (+1%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryElectrical Equipment
Performance
% Chg1%
1 Week-39.12%
2 Weeks-50.02%
1 Month-49.47%
3 Month-89.24%
6 Month-95.71%
12 Month-99.84%
2 Year-99.65%
3 Year-99.9%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.11
ATR(20)%23.62%
ATR Inc-43.17%
Range Today0.04
ADR(20)0.09
ADR(20)%21.53%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS0.31
3 months CRS0.43
6 months CRS0.56
Mansfield-9.97
10 Day High0.91
10 Day Low0.31
20 Day High1.03
20 Day Low0.31
52 Week High737
52 Week Low0.31
CS1 EndN/A
CR1 StartN/A
Volume & EV
DER(3)-2.39%
DER(5)-6.38%
Volume265.80K
Volume Incr3561.75%
Vol(5)5.08M
Vol(50)1.74M
ERAYAK POWER SOLUTION GRP-A / RAYA TA 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 23.961. 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.