Technical Analysis for RAYA - Erayak Power Solution Group Inc.

Grade Last Price % Change Price Change
F 0.65 1.37% 0.01
RAYA closed up 1.37 percent on Wednesday, April 24, 2024, on 17 percent of normal volume. It ran into resistance at its 50 day moving average.
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Trend Table & Recent EOD Trading Signals

ADX Long Term Intermediate Term Short Term
Weak or Absent Down Down Flat

Date Alert Name Type % Chg
50 DMA Resistance Bearish 0.00%
Wide Bands Range Expansion 0.00%
50 DMA Resistance Bearish 1.37%
Wide Bands Range Expansion 1.37%
NR7 Range Contraction 2.81%
Narrow Range Bar Range Contraction 2.81%
Wide Bands Range Expansion 2.81%
50 DMA Resistance Bearish -2.80%
Wide Bands Range Expansion -2.80%
Crossed Above 20 DMA Bullish -4.15%

   Recent Intraday Alerts

Alert Time
50 DMA Resistance about 4 hours ago
Rose Above 50 DMA about 4 hours ago
Up 5% about 4 hours ago
Possible NR7 about 4 hours ago
Up 3% about 7 hours ago

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Profile

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.
Classification

Sector: Industrials
Industry: Electrical Equipment & Parts
Keywords: Inverters Power Inverter Outdoor Living Products

Is RAYA a Buy, Sell or Hold?

Indicator Bull Case Neutral / Hold Bear Case
50 DMA
200 DMA
ADX Trend
Oversold / Overbought
Relative Strength

Indicators

Indicator Value
52 Week High 2.68
52 Week Low 0.44
Average Volume 328,002
200-Day Moving Average 0.96
50-Day Moving Average 0.69
20-Day Moving Average 0.63
10-Day Moving Average 0.65
Average True Range 0.09
RSI (14) 49.49
ADX 19.95
+DI 22.52
-DI 16.51
Chandelier Exit (Long, 3 ATRs) 0.49
Chandelier Exit (Short, 3 ATRs) 0.81
Upper Bollinger Bands 0.73
Lower Bollinger Band 0.53
Percent B (%b) 0.6
BandWidth 32.43
MACD Line -0.01
MACD Signal Line -0.02
MACD Histogram 0.0051
Fundamentals Value
Market Cap 7.17 Million
Num Shares 11 Million
EPS 0.15
Price-to-Earnings (P/E) Ratio 4.35
Price-to-Sales 0.27
Price-to-Book 0.37
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 0.74
Resistance 3 (R3) 0.75 0.72 0.73
Resistance 2 (R2) 0.72 0.70 0.72 0.72
Resistance 1 (R1) 0.69 0.68 0.70 0.68 0.72
Pivot Point 0.66 0.66 0.67 0.66 0.66
Support 1 (S1) 0.63 0.64 0.64 0.62 0.59
Support 2 (S2) 0.60 0.62 0.60 0.58
Support 3 (S3) 0.57 0.60 0.58
Support 4 (S4) 0.56