RAYTECH HOLDING LTD (RAY) Stock Technical Analysis
NASDAQ:RAY - Nasdaq - VGG7385S1011 - Common Stock - Currency: USD
Overall RAY gets a technical rating of 0 out of 10. RAY 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 neutral, while the long term trend is still negative. We need to see a little more continued positive action to make this really interesting.
100% of all other stocks performed better in the past year than RAY.
RAY is one of the lesser performing stocks in the Distributors industry. 92% of 15 stocks in the same industry do better.
In the last month RAY has a been trading in the 1.00 - 1.31 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Considerably lower volume is observed in the last couple of days.
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. There is a resistance zone just above the current price starting at 1.25. Right above this resistance zone may be a good entry point.
More info and screens
1.15
1.37
We found 1 important support area.
- Support @1.16 from a trend line in the daily time frame.
We can see 2 important resistance areas.
- A resistance zone ranging from 1.25 to 1.27. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A resistance zone ranging from 1.34 to 1.36. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
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 High1.3
10 Day Low1.07
20 Day High1.31
20 Day Low1
52 Week HighN/A
52 Week LowN/A
Performance
1 Week2.22%
2 Weeks-4.32%
1 Month-4.32%
3 Month-19.73%
6 Month-29.23%
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)0.01
RSI(14)45.92
LBB1.14
UBB1.27
NASDAQ:RAY (2/20/2025, 8:00:01 PM)
1.196
-0.03 (-2.76%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorConsumer Discretionary
GICS IndustryDistributors
Performance
% Chg-2.76%
1 Week2.22%
2 Weeks-4.32%
1 Month-4.32%
3 Month-19.73%
6 Month-29.23%
12 MonthN/A
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.09
ATR(20)%8.76%
ATR Inc-4.9%
Range Today0.11
ADR(20)0.1
ADR(20)%8.76%
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 High1.3
10 Day Low1.07
20 Day High1.31
20 Day Low1
52 Week HighN/A
52 Week LowN/A
CS1 End1.16
CR1 Start1.25
Volume & EV
DER(3)-6.64%
DER(5)-5.96%
Volume20.00K
Volume Incr-35.43%
Vol(5)19.94K
Vol(50)164.17K