The price of RAY is predicted to go up -13.64%, based on the high correlation periods with TCMD. The similarity of these two price pattern on the periods is 95.44%.
RAY
TCMD
Down: -13.64%Similarity: 95.44%
RAY Revenue Forecast
RAY EPS Forecast
RAY FAQs
What is bull’s view on RAY?
RAY stock is currently trading at $25.07, near its 52-week low of $25.01, with an RSI of 29.4 indicating oversold conditions. This suggests a potential rebound as selling pressure may be exhausting. A bullish view targets a recovery toward $30, supported by technical correction and broader market stabilization.
What is bear's view on RAY?
RAY stock currently trades at $0.20, reflecting bearish sentiment due to declining trading volumes and weak fundamentals. The lack of significant catalysts and competition in the DeFi space, particularly from Solana-based projects, further pressures its valuation. A continued downtrend is likely unless substantial ecosystem developments occur.