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Erayak Power Solution Group Inc.

RAYA Technical Analysis Summary (NASDAQ)

Analyze RAYA on the NASDAQ with RSI, MACD, ADX, Bollinger Bands, support, resistance, momentum, and the latest technical trading signals.

RAYA●NASDAQ
IndustrialsElectrical Equipment & Parts
$2.72
$0.06(2.33%)
U.S. Market opens in 30h 1m

Disclaimer for Technical Analysis Page

The technical indicators and trading signals shown on this page are for informational purposes only and do not constitute financial advice. Stock market investments involve risk, and past performance is not a guarantee of future results. Always conduct your own research or consult a licensed financial advisor before making investment decisions.Read our Full Disclaimer

RAYA Technical Analysis Summary (NASDAQ)

Erayak Power Solution Group Inc. (NASDAQ: RAYA) stock currently shows a neutral trend on the NASDAQ, supported by momentum and balanced buying pressure.

Overall Sentiment:Neutral
Momentum:Neutral to Bearish (RSI: 44.19)
Trend Strength:Weak (ADX: 11.39)
Volatility:High (ATR: 0.26)
Support/Resistance:$2.58 – $2.95 (Bollinger Bands)

Technical conditions suggest Erayak Power Solution Group Inc. on the NASDAQ is awaiting a decisive move. This mix signals that Erayak Power Solution Group Inc. is trading in a balanced range with no clear breakout yet.

Momentum Indicators

RSI (14): 44.19

Bearish
Below midpoint indicates downward pressure.

Stochastic %K: 36.01

Bearish
Momentum remains weak below midpoint.

Williams %R: -65.18

Bearish
Sellers maintain momentum below neutral.

Rate of Change (ROC): -7.73

Strongly Bearish
Sharp downside momentum.

Takeaway:Erayak Power Solution Group Inc. shows weakening momentum, with sellers gaining the edge.

Trend & Volatility

MACD: -0.11

Bearish
Bearish, trend momentum is strengthening to the downside.

ADX: 11.39

Weak
Weak trend, market trading sideways.

ATR (14): 0.26

Low
Low volatility, stable price action.

CCI (14): -64.15

Bearish
Bearish, momentum remains under pressure.

Takeaway:Erayak Power Solution Group Inc. shows a neutral trend, with weak conviction and limited volatility.

Support & Resistance indicators
Bollinger Bands
Upper Band
$2.95
Middle Band (SMA 20)
$2.77
Lower Band
$2.58
Current Position
Within Bands

Takeaway:Erayak Power Solution Group Inc. trades closer to support, showing weaker momentum within bands.

Keltner Channels
Upper Channel
$3.31
Middle Line (EMA 20)
$2.80
Lower Channel
$2.28
Squeeze Status
Squeeze On

Takeaway:Erayak Power Solution Group Inc. trades below the trend line, showing weaker momentum inside the channel.

Volume & Money Flow Analysis
On-Balance Volume1.99M
Money Flow Index74.30Bullish, inflows support continued momentum.
Relative Vigor Index38.87Bearish, price momentum favors sellers.

Overall Takeaway:RAYA shows mixed signals in money flow analysis.

Technical Trading Signals Summary
Based on the current technical analysis of Erayak Power Solution Group Inc. (NASDAQ: RAYA), here are the key trading signals and recommendations:

Bullish Signals

MFI below 80 → room for more buying without overbought risk.

Bearish Signals

RVI below 50 → vigor tilted toward sellers.

Overall Recommendation:Technical indicators for Erayak Power Solution Group Inc. are mixed, suggesting a Hold or wait-and-see approach.

(NASDAQ: RAYA) Technical Analysis FAQ