ARAY may jump back above the lower band and head toward the middle band. Traders may consider buying the stock or exploring call options. In 34 of 43 cases where ARAY's price broke its lower Bollinger Band, its price rose further in the following month. The odds of a continued upward trend are 79%.
The RSI Indicator points to a transition from a downward trend to an upward trend -- in cases where ARAY's RSI Oscillator exited the oversold zone, of 31 resulted in an increase in price. Tickeron's analysis proposes that the odds of a continued upward trend are .
The Stochastic Oscillator suggests the stock price trend may be in a reversal from a downward trend to an upward trend. of 70 cases where ARAY's Stochastic Oscillator exited the oversold zone resulted in an increase in price. Tickeron's analysis proposes that the odds of a continued upward trend are .
The Momentum Indicator moved above the 0 level on June 29, 2022. You may want to consider a long position or call options on ARAY as a result. In of 83 past instances where the momentum indicator moved above 0, the stock continued to climb. The odds of a continued upward trend are .
The Moving Average Convergence Divergence (MACD) for ARAY just turned positive on June 22, 2022. Looking at past instances where ARAY's MACD turned positive, the stock continued to rise in of 50 cases over the following month. The odds of a continued upward trend are .
Following a +1 3-day Advance, the price is estimated to grow further. Considering data from situations where ARAY advanced for three days, in of 257 cases, the price rose further within the following month. The odds of a continued upward trend are .
Following a 3-day decline, the stock is projected to fall further. Considering past instances where ARAY declined for three days, the price rose further in of 62 cases within the following month. The odds of a continued downward trend are .
The Aroon Indicator for ARAY entered a downward trend on June 22, 2022. This could indicate a strong downward move is ahead for the stock. Traders may want to consider selling the stock or buying put options.
The Tickeron SMR rating for this company is (best 1 - 100 worst), indicating very strong sales and a profitable business model. SMR (Sales, Margin, Return on Equity) rating is based on comparative analysis of weighted Sales, Income Margin and Return on Equity values compared against S&P 500 index constituents. The weighted SMR value is a proprietary formula developed by Tickeron and represents an overall profitability measure for a stock.
The Tickeron PE Growth Rating for this company is (best 1 - 100 worst), pointing to outstanding earnings growth. The PE Growth rating is based on a comparative analysis of stock PE ratio increase over the last 12 months compared against S&P 500 index constituents.
The Tickeron Valuation Rating of (best 1 - 100 worst) indicates that the company is slightly overvalued in the industry. This rating compares market capitalization estimated by our proprietary formula with the current market capitalization. This rating is based on the following metrics, as compared to industry averages: P/B Ratio (3.632) is normal, around the industry mean (7.078). P/E Ratio (0.000) is within average values for comparable stocks, (92.828). Projected Growth (PEG Ratio) (0.000) is also within normal values, averaging (4.135). Dividend Yield (0.000) settles around the average of (0.021) among similar stocks. P/S Ratio (0.430) is also within normal values, averaging (92.060).
The Tickeron Price Growth Rating for this company is (best 1 - 100 worst), indicating slightly worse than average price growth. ARAY’s price grows at a lower rate over the last 12 months as compared to S&P 500 index constituents.
The Tickeron Profit vs. Risk Rating rating for this company is (best 1 - 100 worst), indicating that the returns do not compensate for the risks. ARAY’s unstable profits reported over time resulted in significant Drawdowns within these last five years. A stable profit reduces stock drawdown and volatility. The average Profit vs. Risk Rating rating for the industry is 84, placing this stock worse than average.
The average fundamental analysis ratings, where 1 is best and 100 is worst, are as follows
a manufacturer of medical equipment
|MFs / NAME||Price $||Chg $||Chg %|
|First Eagle Fund of America R3|
|Mirova US Sustainable Equity N|
|AB Sustainable US Thematic C|
|MainStay Epoch Global Equity Yield R2|
|PGIM Jennison International Opps R4|
A.I.dvisor indicates that over the last year, ARAY has been loosely correlated with VRAY. These tickers have moved in lockstep 53% of the time. This A.I.-generated data suggests there is some statistical probability that if ARAY jumps, then VRAY could also see price increases.
|VRAY - ARAY|
|LUNG - ARAY|
|ABMD - ARAY|
|PSNL - ARAY|
|CERS - ARAY|