Erayak Power Plunges 51.48% on Extreme Bearish Momentum

Erayak Power's stock surged by 38.98% in pre-market trading on August 1, 2025, marking a significant rally for the company.

Erayak Power has experienced a dramatic price collapse, with a -51.48% intraday drop that shattered its 52-week low. This extreme market anxiety was exposed by a 1392% surge in turnover volume, indicating a bearish technical signal. The stock's price plummeted from an intraday high of $0.177 to a low of $0.0553, far below its 30-day and 200-day moving averages. The Relative Strength Index (RSI) at 17.8 and the Moving Average Convergence Divergence (MACD) at -0.568 suggest that the stock is in oversold territory, with extreme bearish momentum.

The technical indicators for Erayak Power show extreme bearish exhaustion. The stock is trading at 85% below its 30-day moving average and 93% below its 200-day moving average, indicating a significant bearish trend. The Bollinger Bands show the current price at -0.9280, which is at the lower band, and the Dynamic PE ratio is at -3.5, suggesting an extreme discount. The 200-day moving average at $1.4134 is a critical psychological floor, and the 52-week low at $0.0553 could trigger a brief bounce if liquidity returns. However, the -3.5 PE ratio suggests continued weakness.

Erayak Power's performance after an intraday plunge of -51% was dismal, with the strategy returning a staggering -93.33% and underperforming the benchmark by -153.31%. The Sharpe ratio was -0.43, indicating significant risk aversion, while the maximum drawdown was 0%, suggesting that the strategy did not recover from the plunge. The technical death cross with all major moving averages and the extreme bear territory indicated by the RSI and MACD demand immediate attention from traders. The key signal to watch is if Erayak Power closes below $0.0621, which could trigger a wave of margin calls and further panic selling.