VIEWRAY INC (VRAY) Technical Analysis
NASDAQ:VRAY • US92672L1070
Current stock price
VRAY Technical Rating and Analysis
Taking everything into account, VRAY scores 0 out of 10 in our technical rating. VRAY 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 VRAY.
- VRAY is one of the lesser performing stocks in the Health Care Equipment & Supplies industry. 91% of 187 stocks in the same industry do better.
- VRAY is currently making a new 52 week low. This is a very bad signal. Certainly because the S&P500 Index is trading near new highs.
- In the last month VRAY has a been trading in the 0.02 - 0.45 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.
- VRAY has an average volume of 17699000 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
VRAY Weekly and Daily overview Charts
VRAY Setup Rating and Analysis
The technical rating of VRAY 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
VRAY Support and Resistance Analysis
VRAY 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 VRAY is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for VRAY is down. |
| ChartMill Relative Strength | 0.06 | NEGATIVE | VRAY has a low relative strength, it was outperformed by 99.94% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of VRAY is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of VRAY is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of VRAY is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 19.98 | OVERSOLD | The low RSI value suggests VRAY may be oversold. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.02 | NEGATIVE | The MACD value suggests VRAY has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 0.91 | OVERSOLD | The low Stochastics value suggests VRAY may be oversold. |
| Average True Range in percent/ATR (20) | 186.06 | HIGH VOLATILITY | The high ATR as a percentage value for VRAY suggests high volalility. |
| Average Directional Index/ADX (14) | 58.53 | POSITIVE | The high ADX value value for VRAY suggests a strong trend. |
VRAY Chart- and CandleStick Pattern Analysis
VRAY Technicals: Chart, Performance Metrics, Trend & Indicators
0.025
-0.02 (-39.9%)
VIEWRAY INC / VRAY TA FAQ
What is the technical rating for VRAY stock?
ChartMill assigns a technical rating of 0 / 10 to VRAY.
Can you provide the trend direction for VIEWRAY INC?
The current trend direction for VIEWRAY INC (VRAY) is Bearish.
Can you provide the RSI signal for VIEWRAY INC?
VIEWRAY INC (VRAY) has an RSI value of 19.98. This indicates that the stock is currently oversold.
Can you provide the MACD signal for VIEWRAY INC?
The MACD indicator for VIEWRAY INC (VRAY) has a value of -0.0161753, indicating a bearish trend.
What is the short term momentum for VIEWRAY INC (VRAY) stock?
The short term momentum for VIEWRAY INC (VRAY) is negative.