RAYTECH HOLDING LTD (RAY)

VGG7385S1011 - Common Stock

1.89  -0.01 (-0.53%)

Premarket: 1.98 +0.09 (+4.76%)

Technical Rating and Analysis

1

Overall RAY gets a technical rating of 1 out of 10. RAY'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.

When comparing the yearly performance of all stocks, RAY is a bad performer in the overall market: 100% of all stocks are doing better.
RAY is part of the Distributors industry. There are 14 other stocks in this industry, of which 92% are performing better than RAY.
Volume is considerably higher in the last couple of days, which is what you like to see during a strong movement up.
The long term trend is neutral, but the short term trend is negative. Better to stay away from this!
In the last month RAY has a been trading in the 1.44 - 2.49 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Weekly and Daily overview Charts
RAY Weekly chart
RAY Daily chart
Setup Rating and Analysis

5

RAY has a bad technical rating, but it does show a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period.

Support and Resistance Analysis

1.63

2.13

We found 1 important support area.

  • A support zone ranging from 1.65 to 1.65. This zone is formed by a combination of multiple trend lines in multiple time frames.

When analyzing the resistance we notice 3 important areas.

  • Resistance @1.91 from a trend line in the daily time frame.
  • Resistance @2.01 from a horizontal line in the weekly time frame.
  • A resistance zone ranging from 2.08 to 2.11. This zone is formed by a combination of multiple trend lines in the daily time frame.
Statistics, Performance, Trends, Indicators, Chart- and CandleStick Patterns
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS0
Mansfield-30
10 Day High2.45
10 Day Low1.56
20 Day High2.49
20 Day Low1.44
52 Week HighN/A
52 Week LowN/A
Performance
1 Week11.83%
2 Weeks6.78%
1 Month22.73%
3 Month-40.94%
6 MonthN/A
12 MonthN/A
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
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)
Technical Indicators
MACD(12,26,9)0.08
RSI(14)46.43
LBB1.54
UBB2.14
RAY Daily chart

RAYTECH HOLDING LTD

NASDAQ:RAY (9/18/2024, 8:24:57 PM)

Premarket: 1.98 +0.09 (+4.76%)

1.89

-0.01 (-0.53%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorConsumer Discretionary
GICS IndustryDistributors
Performance
% Chg-0.53%
1 Week11.83%
2 Weeks6.78%
1 Month22.73%
3 Month-40.94%
6 MonthN/A
12 MonthN/A
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)0.35
ATR(20)%16.12%
ATR Inc
Range Today0.11
ADR(20)
ADR(20)%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS
Mansfield
10 Day High2.45
10 Day Low1.56
20 Day High2.49
20 Day Low1.44
52 Week HighN/A
52 Week LowN/A
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume37.30K
Volume Incr-11.68%
Vol(5)251.16K
Vol(50)165.13K