Raytech Holding Ltd (RAY)

Overview News Price History Discussions Forecast

Raytech Holding Ltd Stock (RAY) Forecast

The Raytech Holding Ltd (RAY) stock price forecast for the next 30 days is generally negative, with an average analyst price target of $0.00, representing a -100.00% decrease from the current price of $3.26. The highest analyst price target is $0.00, and the lowest is $0.00.

Disclaimer: The information on this page is not intended to be financial advice. It is for general information only and should not be used to make any investment decisions. Please consult with a professional financial advisor before making any investment decisions.

12-Month RAY Price Target

Average 0.00 (-100.00% Downside)

Is Raytech Holding Ltd (RAY) A Buy Now?

Oscillators

Name	Value	Action
RSI(14)	35.25	Neutral
STOCH(9,6)	38.87	Neutral
STOCHRSI(14)	9.3609	Buy
MACD(12,26)	-0.1544	Sell
ADX(14)	28.12	Sell
William %R	-87.83	Buy
CCI(14)	-134.53	Sell

Buy: 2 Sell: 3 Neutral: 2

Summary: Sell

Moving Averages

Period	Simple	Exponential
MA10	3.677 Sell	3.6219 Sell
MA20	3.7951 Sell	3.7662 Sell
MA50	4.0458 Sell	3.8995 Sell
MA100	3.2521 Buy	5.1184 Sell
MA200	11.55 Sell	9.2446 Sell

Buy: 1 Sell: 9 Neutral: 0

Summary: Sell

According to our latest analysis, RAY could be considered a Strong Sell, with 17 technical analysis indicators signaling 3 Buy signals, 12 signaling Sell signals and 2 Neutral signals. This might not be a good time to consider opening new positions on RAY, as trading bearish markets can be challenging and may result in losses.

RSI (Relative Strength Index): The RSI(14) value of 35.25 indicates that RAY is neither overbought nor oversold. It suggests a neutral sentiment in the short term.
STOCH (Stochastic Oscillator): The STOCH value of 38.87 indicates that RAY is neither overbought nor oversold. It indicates a balanced market sentiment without any extreme buying or selling pressure.
STOCHRSI (Stochastic Relative Strength Index): The STOCHRSI value of 9.3609 indicates that RAY is oversold. This suggests that RAY price is at or near the lowest level relative to its recent price history.
ADX (Average Directional Index): The ADX value of The ADX value of 28.12 suggests a moderate trend in the market. While not exceptionally strong, it indicates that there is some directional movement occurring. You should pay attention to this trend but may also look for confirmation from other technical indicators or fundamental factors.
CCI (Commodity Channel Index): A CCI(14) value of A CCI(14) value of -134.53 indicates that RAY is oversold. This means that the price has moved significantly lower than its average, indicating a potential buying opportunity.