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Stock Trend Analysis Report

Prepared for you on Wednesday, May 8, 2024.

Stingray Digital Group Inc (TSE:RAY.A)

Crossroads (+60) - RAY.A is struggling to move into a solid trend. Beware of choppy markets and consider a sidelines position until a stronger trend is identified.

Is it time to buy, sell, or avoid RAY.A?

MarketClub looks at technical strength and momentum to determine if the timing is right for RAY.A.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

TSE_RAY.A
Open High Low RAY.A Price Change
7.42 7.61 7.42 7.61 +0.16
Entry Signal

MarketClub’s Trade Triangles for RAY.A

long term up The long-term trend has been UP since Dec 20th, 2023 at 5.58

intermediate term down The intermediate-term trend has been DOWN since Apr 16th, 2024 at 7.44

short term down The short-term trend has been DOWN since May 7th, 2024 at 7.43

Smart Scan Analysis for RAY.A

Based on our trend formula, RAY.A is rated as a +60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+60
Smart Scan Analysis for RAY.A
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
7.42 7.61 7.42 7.61 +0.16
Prev. Close Volume Bid Ask Time
7.45 8387 2024-05-08 15:58:25
Year High11.05Year High Date2018-04-27
Year Low7.37Year Low Date2018-11-27
52wk High11.0552wk High Date2018-04-27
52wk Low7.3752wk Low Date2018-11-27
Average Volume71,502Volatility45.96
Payment Date2019-06-14
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