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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)

Showing technical analysis as on 2021-08-06 View latest technical analysis

10 day averaged volume of Ras Resorts is 221

Date Daily Closing Price Open High Low Volume
06 Fri Aug 2021 27.00 25.75 28.40 25.70 7.321 times
05 Thu Aug 2021 27.05 27.05 27.05 27.05 0.294 times
04 Wed Aug 2021 28.45 28.45 28.45 28.45 0.466 times
02 Mon Aug 2021 29.90 29.85 29.95 29.85 0.009 times
30 Fri Jul 2021 30.50 30.50 30.50 30.50 0.009 times
29 Thu Jul 2021 29.75 29.90 29.90 29.75 0.014 times
28 Wed Jul 2021 29.20 27.90 29.25 26.60 7.76 times
27 Tue Jul 2021 27.90 27.05 28.05 26.50 0.443 times
26 Mon Jul 2021 26.75 26.80 29.30 26.75 0.489 times
23 Fri Jul 2021 28.05 30.00 30.00 28.05 0.457 times

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

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 27.8, but if it comes above 27.8, then a intra day buy could be more profitable.
If you take a sell trade below 27.8, then use 27.8 as stoploss and 26.5 as target. However if you take a buy trade in stock , then use 27.8 as stoploss and 28.76 as target.

Share price targets for Ras Resorts (RasResorts)

Target Type Value
Downside Target 19.00
Downside Target 22.80
Downside Target 25.70
Downside Target 26.50
Upside Target 27.45
Upside Target 28.00
Upside Target 29.95
Upside Target 30.00
Upside Target 30.50
Upside Target 31.50
Upside Target 31.90

Intraday share price targets for Ras Resorts (RasResorts)

Target Type Value
Downside Intraday Target 25.15
Downside Intraday Target 23.3
Upside Intraday Target 29.4
Upside Intraday Target 31.8
Upside Intraday Target 27.55

Weekly technical analysis of Ras Resorts (RasResorts)

Date Weekly Closing Price Open High Low Volume
06 Fri Aug 2021 27.00 29.85 29.95 25.70 0.928 times
30 Fri Jul 2021 30.50 26.80 30.50 26.50 3.373 times
23 Fri Jul 2021 28.05 28.00 30.00 28.00 0.465 times
16 Fri Jul 2021 29.45 28.05 30.50 28.05 0.811 times
09 Fri Jul 2021 29.50 31.50 31.50 27.45 6.94 times

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

Monthly technical analysis of Ras Resorts (RasResorts)

Date Monthly Closing Price Open High Low Volume
06 Fri Aug 2021 27.00 29.85 29.95 25.70 0.335 times
30 Fri Jul 2021 30.50 29.45 31.50 26.50 0.16 times
30 Wed Jun 2021 31.00 28.20 31.90 26.80 5.561 times
31 Mon May 2021 26.90 19.95 26.90 19.05 4.319 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 16, 44, 47 Sell
MACD 0, 0Sell
Stochastics 30Sell
CCI -98Sell
RSI 47Sell
OBV -1119Sell
VWAP 28Sell
ADL 0Sell
ROC -8Sell
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 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 short to mid 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 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 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 SELL signal in short term but selling is losing momentum.

MRSI is in positive zone. This is a BUY zone

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

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 28.08 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.

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Daily charts

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