ERAYAK POWER SOLUTION GRP-A (RAYA) Stock Technical Analysis
NASDAQ:RAYA • KYG3109F1110
We assign a technical rating of 0 out of 10 to RAYA. 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.
- Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
- When comparing the yearly performance of all stocks, RAYA is a bad performer in the overall market: 100% of all stocks are doing better.
- RAYA is one of the lesser performing stocks in the Electrical Equipment industry. 93% of 91 stocks in the same industry do better.
- 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 0.75 - 1.37 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 1192460 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.
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
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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 | 0.44 | NEGATIVE | RAYA has a low relative strength, it was outperformed by 99.56% 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) | 25.01 | 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) | 16.99 | OVERSOLD | The low Stochastics value suggests RAYA may be oversold. |
| Average True Range in percent/ATR (20) | 15.22 | HIGH VOLATILITY | The high ATR as a percentage value for RAYA suggests high volalility. |
| Average Directional Index/ADX (14) | 33.63 | POSITIVE | The high ADX value value for RAYA suggests a strong trend. |
NASDAQ:RAYA (3/3/2026, 3:04:38 PM)
0.7601
-0.01 (-1.85%)
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 25.0147. 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.