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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
$2.48
$0.03(1.20%)
U.S. Market opens in 46h 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: 47.74)
Trend Strength:Moderate (ADX: 21.91)
Volatility:High (ATR: 0.26)
Support/Resistance:$2.16 – $2.80 (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): 47.74

Bearish
Below midpoint indicates downward pressure.

Stochastic %K: 41.94

Neutral
Mid-range signal with no clear trend.

Williams %R: -58.87

Neutral
Balanced market without strong signals.

Rate of Change (ROC): -1.57

Bearish
Selling pressure outweighs buying.

Takeaway:Erayak Power Solution Group Inc. shows neutral momentum, with indicators pointing to indecision.

Trend & Volatility

MACD: -0.09

Bearish
Bearish, trend momentum is strengthening to the downside.

ADX: 21.91

Moderate
Moderate trend, direction gaining strength.

ATR (14): 0.26

Low
Low volatility, stable price action.

CCI (14): 71.72

Bullish
Bullish, momentum building upward.

Takeaway:Erayak Power Solution Group Inc. shows a firm trend supported by momentum, though one signal suggests caution.

Support & Resistance indicators
Bollinger Bands
Upper Band
$2.80
Middle Band (SMA 20)
$2.48
Lower Band
$2.16
Current Position
Within Bands

Takeaway:Erayak Power Solution Group Inc. trades around the middle band, reflecting balanced price action.

Keltner Channels
Upper Channel
$3.02
Middle Line (EMA 20)
$2.51
Lower Channel
$2.00
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 Volume1.03M
Money Flow Index89.85Bearish risk, overbought conditions may trigger pullback.
Relative Vigor Index51.04Neutral to Bullish, buyers hold a slight edge.

Overall Takeaway:RAYA shows bullish money flow, with volume and vigor supporting buyers.

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

ADX above 20 → strong underlying trend.

Bearish Signals

MFI above 80 → overbought conditions may limit upside.

Overall Recommendation:Erayak Power Solution Group Inc. shows a Bearish signal — selling pressure is building, with trend indicators favoring downside.

(NASDAQ: RAYA) Technical Analysis FAQ