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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 1493

Date Daily Closing Price Open High Low Volume
23 Mon May 2022 34.90 34.90 34.90 34.90 0.023 times
20 Fri May 2022 36.70 36.70 36.70 36.70 0.001 times
18 Wed May 2022 37.80 37.80 37.80 37.80 0.001 times
05 Thu May 2022 39.75 38.65 39.85 38.65 0.007 times
04 Wed May 2022 38.70 42.50 42.50 38.70 0.261 times
02 Mon May 2022 40.65 39.00 40.65 37.05 2.386 times
29 Fri Apr 2022 39.00 39.25 39.25 39.00 0.062 times
28 Thu Apr 2022 37.65 37.25 40.95 37.20 1.082 times
27 Wed Apr 2022 39.00 37.75 39.00 35.55 3.182 times
26 Tue Apr 2022 37.15 36.00 38.75 35.95 1.532 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 36, but if it comes above 36, then a intra day buy could be more profitable.
If you take a sell trade below 36, then use 36 as stoploss and 34.1 as target. However if you take a buy trade in stock , then use 36 as stoploss and 37.66 as target.

Share price targets for Ras Resorts (RasResorts)

Target Type Value
Downside Target 22.40
Downside Target 23.50
Downside Target 27.40
Downside Target 28.65
Downside Target 29.25
Downside Target 31.85
Downside Target 33.05
Downside Target 34.90
Upside Target 37.80
Upside Target 40.50
Upside Target 41.10
Upside Target 42.50

Intraday share price targets for Ras Resorts (RasResorts)

Target Type Value
Downside Intraday Target 34.9
Downside Intraday Target 34.9
Downside Intraday Target 34.9
Downside Intraday Target 34.9
Downside Intraday Target 34.9

Weekly technical analysis of Ras Resorts (RasResorts)

Date Weekly Closing Price Open High Low Volume
23 Mon May 2022 34.90 34.90 34.90 34.90 17 times
20 Fri May 2022 36.70 37.80 37.80 36.70 0.001 times
05 Thu May 2022 39.75 39.00 42.50 37.05 0.361 times
29 Fri Apr 2022 39.00 41.10 41.10 35.55 0.806 times
22 Fri Apr 2022 39.15 36.55 40.50 36.05 2.627 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
23 Mon May 2022 34.90 39.00 42.50 34.90 0.093 times
29 Fri Apr 2022 39.00 32.25 41.10 29.25 7.748 times
31 Thu Mar 2022 30.75 23.50 33.05 22.40 1.905 times
23 Wed Feb 2022 23.50 28.05 28.65 23.50 0.391 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 21, 24, 5 Sell
MACD 3, 4Sell
Stochastics 16Sell
CCI -178Sell
RSI 51Buy
OBV -8594Sell
VWAP 39Sell
ADL 0Sell
ROC -7Sell
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 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.

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 losing 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 red color and prices are in or above 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 but buying is losing momentum.

MRSI is in negative zone. This is the SELL zone

Although the stock is in the SELL zone, but selling 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 38.94 and Ras Resorts (RasResorts) stock is trading below this level. This means that stock is falling with high volumes. VWAP is rising upwards.

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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