ERAYAK POWER SOLUTION GRP-A (RAYA) Technical Analysis
NASDAQ:RAYA • KYG3109F1110
Current stock price
RAYA Technical Rating and Analysis
Overall RAYA gets a technical rating of 0 out of 10. 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.
- 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 93% 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 - 0.94 range, which is quite wide. It is currently trading near the lows of this range.
- Considerably lower volume is observed in the last couple of days, which is not what you would like to see during a strong up movement.
RAYA Weekly and Daily overview Charts
RAYA Setup Rating and Analysis
RAYA has a poor technical rating and the quality of the setup is also not perfect 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 | 0.29 | NEGATIVE | RAYA has a low relative strength, it was outperformed by 99.71% 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) | 29.56 | OVERSOLD | The low RSI value suggests RAYA may be oversold. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.02 | POSITIVE | The MACD value suggests RAYA has a positive trend. |
| Stochastics (14,3) | 18.06 | OVERSOLD | The low Stochastics value suggests RAYA may be oversold. |
| Average True Range in percent/ATR (20) | 17.67 | HIGH VOLATILITY | The high ATR as a percentage value for RAYA suggests high volalility. |
| Average Directional Index/ADX (14) | 33.62 | POSITIVE | The high ADX value value for RAYA suggests a strong trend. |
RAYA Chart- and CandleStick Pattern Analysis
RAYA Technicals: Chart, Performance Metrics, Trend & Indicators
0.4196
+0.02 (+4.9%)
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.
What is the current trend direction of ERAYAK POWER SOLUTION GRP-A (RAYA) stock?
The current trend direction for ERAYAK POWER SOLUTION GRP-A (RAYA) is Bearish.
Can you provide the RSI signal for ERAYAK POWER SOLUTION GRP-A?
ERAYAK POWER SOLUTION GRP-A (RAYA) has an RSI value of 29.5588. This indicates that the stock is currently oversold.
What is the short term momentum for ERAYAK POWER SOLUTION GRP-A (RAYA) stock?
The short term momentum for ERAYAK POWER SOLUTION GRP-A (RAYA) is negative.
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.