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(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 153

Date Daily Closing Price Open High Low Volume
30 Fri Sep 2022 31.85 31.90 32.00 31.85 3.575 times
29 Thu Sep 2022 33.50 33.50 33.55 33.50 2.072 times
28 Wed Sep 2022 35.25 35.25 35.25 35.25 1.013 times
26 Mon Sep 2022 37.10 37.10 37.10 37.10 1.451 times
23 Fri Sep 2022 39.00 39.20 39.20 36.50 0.275 times
22 Thu Sep 2022 38.40 38.40 38.40 38.40 0.039 times
21 Wed Sep 2022 36.60 36.65 36.65 36.60 0.052 times
20 Tue Sep 2022 38.50 34.90 38.50 34.90 2.784 times
19 Mon Sep 2022 36.70 36.70 36.70 36.70 0.072 times
16 Fri Sep 2022 38.60 40.80 42.60 38.60 0.549 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 32.6, for a target of 35.1 or 37.19

Share price targets for Ras Resorts (RasResorts)

Target Type Value
Downside Target 21.15
Downside Target 24.45
Downside Target 26.55
Downside Target 29.85
Downside Target 31.85
Upside Target 33.35
Upside Target 34.90
Upside Target 37.10
Upside Target 38.50
Upside Target 39.25
Upside Target 42.50
Upside Target 42.65
Upside Target 42.80

Intraday share price targets for Ras Resorts (RasResorts)

Target Type Value
Downside Intraday Target 30.1
Downside Intraday Target 28.35
Upside Intraday Target 35.35
Upside Intraday Target 38.85
Upside Intraday Target 33.6

Weekly technical analysis of Ras Resorts (RasResorts)

Date Weekly Closing Price Open High Low Volume
30 Fri Sep 2022 31.85 37.10 37.10 31.85 2.517 times
23 Fri Sep 2022 39.00 36.70 39.20 34.90 0.206 times
16 Fri Sep 2022 38.60 34.10 42.65 34.10 0.934 times
09 Fri Sep 2022 35.80 39.10 39.25 34.00 0.789 times
02 Fri Sep 2022 37.40 36.90 38.50 33.35 0.511 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
30 Fri Sep 2022 31.85 35.10 42.65 31.85 0.614 times
30 Tue Aug 2022 35.10 28.50 42.80 26.55 3.146 times
29 Fri Jul 2022 30.00 25.85 30.00 24.45 0.368 times
30 Thu Jun 2022 25.90 28.50 29.85 21.15 3.329 times

Scroll below to view daily charts

Price has moved down this month, but volume has not increased substantially. This means that the move can be temporary and might not continue in coming months.

Indicators analysis of Ras Resorts (RasResorts)

Indicator Name Indicator Value Indicator Signal
ADX 18, 37, 35 Sell
MACD 1, 2Sell
Stochastics 2Sell
CCI -174Sell
RSI 46Sell
OBV 4133Sell
VWAP 35Sell
ADL 0Sell
ROC -22Sell
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 positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.

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 Strong and stock is gaining momentum.

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

Ras Resorts Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are getting stronger in this stock.

Ichimoku cloud is of green color and prices are in or below the green 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 SELL signal in short term and selling is picking up 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 35.18 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 positive

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

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Daily charts

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Daily chart

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