Erayak Power's 15min chart shows RSI Oversold, KDJ Golden Cross

Based on the technical analysis of Erayak Power's 15-minute chart, the Relative Strength Index (RSI) has reached an oversold level, and the KDJ (KST-Diff, KST-Signal, JMA) has formed a golden cross, which occurred at 13:45 on July 21, 2025. This suggests that the stock price has experienced a rapid decline and is currently trading below its fundamental support level. Furthermore, the momentum of the stock price is shifting towards the upside, indicating a potential increase in the stock's value.

Title: Erayak Power Solution Group Inc. (RAYA): Technical Indicators Signal Upside Potential

Erayak Power Solution Group Inc. (NASDAQ:RAYA) has been experiencing significant market fluctuations, with its stock price reaching an oversold level according to the Relative Strength Index (RSI) on the 15-minute chart. This technical indicator, which typically ranges from 0 to 100, reached an oversold level of 30, suggesting that the stock has experienced a rapid decline [2]. Additionally, the KDJ (KST-Diff, KST-Signal, JMA) indicator formed a golden cross at 13:45 on July 21, 2025, signaling a potential shift in momentum towards the upside [3].

The RSI reading of 30 indicates that the stock has been trading significantly below its fundamental support level. This oversold condition often signals a buying opportunity for investors who believe that the stock price will rebound. The golden cross in the KDJ indicator is a bullish signal, suggesting that the stock's momentum is shifting towards the upside, which could lead to an increase in the stock's value.

These technical indicators, combined with Erayak Power's strong revenue growth and positive market sentiment, suggest that the stock may be undervalued and could experience a price increase in the near future. However, investors should remain cautious and conduct thorough research before making any investment decisions.

References:
1. [Simply Wall St](https://simplywall.st/stocks/us/capital-goods/nasdaq-raya/erayak-power-solution-group/news/after-leaping-45-erayak-power-solution-group-inc-nasdaqraya)
2. [AInvest](https://www.ainvest.com/news/erayak-power-surges-20-52-week-high-driving-volatility-2507/)
3. [Coinotag](https://en.coinotag.com/xrp-reclaims-3-after-falling-wedge-breakout-eyes-potential-move-toward-4-80-target/)