Stock Trend Analysis Report
Prepared for you on Tuesday, May 26, 2020.
Stingray Digital Group Inc (TSE:RAY.B)
Bear Market Rally (-75) - RAY.B is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on RAY.B as it may be in the beginning of a reversal.
Is it time to buy, sell, or avoid RAY.B?
MarketClub looks at technical strength and momentum to determine if the timing is right for RAY.B.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for RAY.B
The long-term trend has been DOWN since Dec 10th, 2019 at 6.51
The intermediate-term trend has been DOWN since May 11th, 2020 at 4.06
The short-term trend has been UP since May 20th, 2020 at 4.08
Smart Scan Analysis for RAY.B
Based on our trend formula, RAY.B is rated as a -75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|Year High||10.85||Year High Date||2018-04-25|
|Year Low||7.22||Year Low Date||2018-11-27|
|52wk High||10.85||52wk High Date||2018-04-25|
|52wk Low||7.22||52wk Low Date||2018-11-27|