Mobile app version of munafa.co.com
Login or Join
 Learn then Earn

Daily Technical Analysis Weekly Analysis Monthly Analysis Renko chart MACD chart Bollinger Bands chart Stochastics charts Force Index charts

(RasResorts) Ras Resorts complete technical analysis [charts+indicators] | Buy/Sell Ras Resorts | (RasResorts) share price targets

Complete technical analysis of Ras Resorts (RasResorts) by charts plus indicators, forecast predictions and share price targets for Ras Resorts (RasResorts)

10 day averaged volume of Ras Resorts is 545

Date Daily Closing Price Open High Low Volume
09 Fri Dec 2022 30.30 29.80 32.80 29.80 2.094 times
08 Thu Dec 2022 31.25 30.55 33.60 30.55 0.413 times
07 Wed Dec 2022 32.00 31.00 32.00 30.55 5.235 times
06 Tue Dec 2022 32.15 32.15 35.45 32.15 2.95 times
05 Mon Dec 2022 33.80 33.80 33.80 33.80 0.079 times
02 Fri Dec 2022 35.55 35.55 35.55 35.55 0.024 times
01 Thu Dec 2022 37.40 33.90 37.40 33.90 0.589 times
30 Wed Nov 2022 35.65 32.40 35.75 32.40 0.516 times
29 Tue Nov 2022 34.10 34.10 34.10 34.10 0.007 times
22 Tue Nov 2022 35.85 35.90 35.90 35.85 0.189 times

Stock of Ras Resorts (RasResorts) has showed a significant fall. This could be a good time to exit from this stock.

Although my analysis for stock is bearish for shortterm, but stock is in heavy over sold zones and there are high chances of some recovery tomorrow. You might want to buy the stock tomorrow in intra day with a stoploss of 30.3, for a target of 32.9 or 35.08

Share price targets for Ras Resorts (RasResorts)

Target Type Value
Downside Target 26.55
Downside Target 27.50
Downside Target 29.80
Upside Target 31.85
Upside Target 33.20
Upside Target 34.25
Upside Target 35.45
Upside Target 37.40
Upside Target 37.65
Upside Target 37.80
Upside Target 40.50
Upside Target 42.65
Upside Target 42.80

Intraday share price targets for Ras Resorts (RasResorts)

Target Type Value
Downside Intraday Target 28.25
Downside Intraday Target 26.2
Upside Intraday Target 33.9
Upside Intraday Target 37.5
Upside Intraday Target 31.85

Weekly technical analysis of Ras Resorts (RasResorts)

Date Weekly Closing Price Open High Low Volume
09 Fri Dec 2022 30.30 33.80 35.45 29.80 9.483 times
02 Fri Dec 2022 35.55 34.10 37.40 32.40 6.01 times
22 Tue Nov 2022 35.85 35.90 35.90 35.85 0.174 times
18 Fri Nov 2022 37.65 33.20 37.65 33.20 0.608 times
11 Fri Nov 2022 34.90 36.85 40.50 34.25 5.304 times

Price has moved down this week, and volume has increased substantially. This means that the move can continue in coming weeks.

Monthly technical analysis of Ras Resorts (RasResorts)

Date Monthly Closing Price Open High Low Volume
09 Fri Dec 2022 30.30 33.90 37.40 29.80 2.904 times
30 Wed Nov 2022 35.65 35.95 40.50 32.40 0.77 times
31 Mon Oct 2022 37.80 30.30 37.80 27.50 0.288 times
30 Fri Sep 2022 31.85 35.10 42.65 31.85 0.614 times

Scroll below to view daily charts

Price has moved down this month, and volume has increased substantially. This means that the move can continue in coming months.

Indicators analysis of Ras Resorts (RasResorts)

Indicator Name Indicator Value Indicator Signal
ADX 24, 30, 11 Sell
MACD -1, -0Sell
Stochastics 12Sell
CCI -124Sell
RSI 52Buy
OBV -5017Sell
VWAP 32Sell
ADL 0Sell
ROC -20Sell
Force Index 0Sell

Price action analysis of Ras Resorts ( (RasResorts) ) based on a short term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.

Price action analysis of Ras Resorts ( (RasResorts) ) based on a short term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.

Price action analysis of Ras Resorts ( (RasResorts) ) based on a short to mid term time period is negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this stock.

Price action analysis of Ras Resorts ( (RasResorts) ) based on a mid to longer term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.

ADX buy sell signal for Ras Resorts stock for short term is SELL. Signal strength is Weak and stock is gaining momentum.

MACD generated a SELL signal for Ras Resorts in short term and the sell signal is strong.

Ras Resorts Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are weakening, and bulls are picking up momentum!

Ichimoku cloud is of red color and prices are below the red cloud Prices appear to be coming down

CCI has generated a SELL signal for Ras Resorts in short term and SELL signal is strong!

RSI is generating a BUY signal in short term and the buying is gaining momentum.

MRSI is in positive zone. This is a BUY zone

Although the stock is in the BUY zone, but buying might be slowing down

Stock of Ras Resorts is picking up selling momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 32.22 and Ras Resorts (RasResorts) stock is trading below this level. This means that stock is falling with high volumes. VWAP is falling down

People seem to be coming out and selling the Ras Resorts (RasResorts) stock. Volume based technical analysis of Ras Resorts (RasResorts) stock is negative.

Ras Resorts Stock has given negative returns over a short term period. Returns for a longer term period have been negative.

Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.

Click here for Ras Resorts charts

Click here for further forecast and predictions for tomorrow

Daily charts

Daily Technical Analysis Weekly Analysis Monthly Analysis Renko chart MACD chart Bollinger Bands chart Stochastics charts Force Index charts

Daily chart

Daily analysis, news, Munafa stocks list in email:

Back to top | Use Dark Theme