Technical Analysis for RAYA - Erayak Power Solution Group Inc.
| Grade | Last Price | % Change | Price Change |
|---|---|---|---|
| F | 0.65 | 0.46% | 0.00 |
RAYA closed up 0.46 percent on Wednesday, May 8, 2024, on 23 percent of normal volume. It ran into resistance at its 50 day moving average. The price action carved out a bearish shooting star candlestick pattern. That may indicate a downside reversal. Look for price to trade beneath the low of the shooting star for confirmation.
| ADX | Long Term | Intermediate Term | Short Term |
|---|---|---|---|
| Weak or Absent | Down | Down | Up |
| Date | Alert Name | Type | % Chg |
|---|---|---|---|
| 50 DMA Resistance | Bearish | 0.00% | |
| Shooting Star Candlestick | Bearish | 0.00% | |
| Crossed Above 20 DMA | Bullish | 0.00% | |
| Bollinger Band Squeeze | Range Contraction | 0.00% | |
| Doji - Bearish? | Reversal | 0.00% | |
| Fell Below 20 DMA | Bearish | 0.46% | |
| Bollinger Band Squeeze | Range Contraction | 0.46% | |
| NR7 | Range Contraction | 0.46% | |
| 50 DMA Resistance | Bearish | -2.09% | |
| Crossed Above 20 DMA | Bullish | -2.09% |
| Alert | Time |
|---|---|
| Rose Above 50 DMA | about 18 hours ago |
| 60 Minute Opening Range Breakout | about 20 hours ago |
| Possible Pocket Pivot | about 20 hours ago |
| 10 DMA Support | about 22 hours ago |
| Rose Above Previous Day's High | about 22 hours ago |
Get a Trading Sidekick!
Let us help you stay on top of your investments. We will alert you to important technical developments on your
portfolio & watchlist.
Configure default chart indicators
Basic chart:
- Earnings date: Unknown
Erayak Power Solution Group Inc., through its subsidiaries, engages in the research and development, manufacture, and wholesale and retail of power solution products. Its product portfolio includes sine wave and off-grid inverters, inverter and gasoline generators, battery and smart chargers, and custom-designed products. The company's products are used in agricultural and industrial vehicles, recreational vehicles, electrical appliances, and outdoor living products. It operates in the People's Republic of China, France, Poland, Mexico, and the United Kingdom. The company was founded in 2009 and is based in Wenzhou, the People's Republic of China. Erayak Power Solution Group Inc. operates as a subsidiary of Erayak International Limited.
Sector: Industrials
Industry: Electrical Equipment & Parts
Keywords: Inverters Power Inverter Outdoor Living Products
Classification
Sector: Industrials
Industry: Electrical Equipment & Parts
Keywords: Inverters Power Inverter Outdoor Living Products
| Indicator | Bull Case | Neutral / Hold | Bear Case |
|---|---|---|---|
| 50 DMA | |||
| 200 DMA | |||
| ADX Trend | |||
| Oversold / Overbought | |||
| Relative Strength |
| Indicator | Value |
|---|---|
| 52 Week High | 2.68 |
| 52 Week Low | 0.44 |
| Average Volume | 141,603 |
| 200-Day Moving Average | 0.89 |
| 50-Day Moving Average | 0.67 |
| 20-Day Moving Average | 0.65 |
| 10-Day Moving Average | 0.64 |
| Average True Range | 0.07 |
| RSI (14) | 50.00 |
| ADX | 12.77 |
| +DI | 21.40 |
| -DI | 17.53 |
| Chandelier Exit (Long, 3 ATRs) | 0.53 |
| Chandelier Exit (Short, 3 ATRs) | 0.78 |
| Upper Bollinger Bands | 0.71 |
| Lower Bollinger Band | 0.59 |
| Percent B (%b) | 0.53 |
| BandWidth | 18.60 |
| MACD Line | -0.01 |
| MACD Signal Line | -0.01 |
| MACD Histogram | 0.0026 |
| Pivot Point Level | Traditional / Classic | Fibonacci | Demark | Woodie | Camarilla |
|---|---|---|---|---|---|
| Resistance 4 (R4) | 0.72 | ||||
| Resistance 3 (R3) | 0.72 | 0.70 | 0.71 | ||
| Resistance 2 (R2) | 0.70 | 0.69 | 0.70 | 0.70 | |
| Resistance 1 (R1) | 0.68 | 0.68 | 0.69 | 0.67 | 0.70 |
| Pivot Point | 0.66 | 0.66 | 0.67 | 0.66 | 0.66 |
| Support 1 (S1) | 0.63 | 0.64 | 0.65 | 0.63 | 0.60 |
| Support 2 (S2) | 0.61 | 0.63 | 0.61 | 0.60 | |
| Support 3 (S3) | 0.59 | 0.61 | 0.59 | ||
| Support 4 (S4) | 0.58 |
