We assign a technical rating of 0 out of 10 to ARAY. ARAY'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.
ARAY has a bad technical rating, but it does show a decent setup pattern. Prices have been consolidating lately. There is very little resistance above the current price. There is a support zone below the current price at 1.03, a Stop Loss order could be placed below this zone. We notice that large players showed an interest for ARAY in the last couple of days, which is a good sign.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
More info and screens
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When analyzing the support we notice one important area.
- A support zone ranging from 1.01 to 1.03. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
We can see 4 important resistance areas.
- Resistance @1.11 from a horizontal line in the daily time frame.
- Resistance @1.60 from a trend line in the weekly time frame.
- Resistance @1.90 from a horizontal line in the daily time frame.
- Resistance @2.00 from a trend line in the weekly time frame.
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 ARAY is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for ARAY is down. |
| ChartMill Relative Strength | 7.23 | NEGATIVE | ARAY has a low relative strength, it was outperformed by 92.77% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of ARAY is above a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of ARAY is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of ARAY is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 44.09 | NEUTRAL | The RSI value for ARAY is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.03 | POSITIVE | The MACD value suggests ARAY has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 75.4 | NEUTRAL | The Stochastics value for ARAY is a neutral value. |
| Average True Range in percent/ATR (20) | 6.79 | HIGH VOLATILITY | The high ATR as a percentage value for ARAY suggests high volalility. |
| Average Directional Index/ADX (14) | 28.17 | POSITIVE | The high ADX value value for ARAY suggests a strong trend. |
1.06
-0.04 (-3.64%)
ACCURAY INC / ARAY FAQ
What is the technical rating for ARAY stock?
ChartMill assigns a technical rating of 0 / 10 to ARAY.
What is the current trend direction of ACCURAY INC (ARAY) stock?
The current trend direction for ACCURAY INC (ARAY) is Bearish.
What is the RSI signal for ACCURAY INC (ARAY) stock?
ACCURAY INC (ARAY) has an RSI value of 44.094. This indicates that the stock is currently neutral.
What is the MACD signal for ACCURAY INC (ARAY) stock?
The MACD indicator for ACCURAY INC (ARAY) has a value of 0.027095, indicating a bearish trend.
What is the buy/sell signal for ARAY stock?
The buy/sell signal for ACCURAY INC (ARAY) is sell as both the short term and long term trends are negative.