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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 752

Date Daily Closing Price Open High Low Volume
18 Thu Aug 2022 32.15 32.15 32.15 32.15 0.414 times
17 Wed Aug 2022 30.65 30.65 30.65 30.65 1.749 times
16 Tue Aug 2022 29.20 28.45 29.20 28.45 0.368 times
12 Fri Aug 2022 27.85 27.85 27.85 27.85 0.711 times
11 Thu Aug 2022 26.55 27.90 27.90 26.55 0.267 times
10 Wed Aug 2022 27.90 27.80 30.60 27.80 0.955 times
05 Fri Aug 2022 29.25 27.90 29.25 26.55 4.113 times
04 Thu Aug 2022 27.90 27.90 27.90 27.90 0.133 times
03 Wed Aug 2022 29.35 29.25 31.40 29.20 0.194 times
02 Tue Aug 2022 30.70 30.95 31.75 28.75 0.475 times

Although my analysis for stock is bullish for shortterm, but stock is over bought and there are high chances of some profit booking tomorrow. You might want to sell the stock tomorrow in intra day with a stoploss of 32.5, for a target of 30.3 or 28.39

Share price targets for Ras Resorts (RasResorts)

Target Type Value
Downside Target 21.15
Downside Target 24.45
Downside Target 25.70
Downside Target 26.55
Downside Target 28.35
Downside Target 29.25
Downside Target 29.85
Downside Target 30.60
Downside Target 31.75
Downside Target 32.15
Upside Target 41.10
Upside Target 42.50

Intraday share price targets for Ras Resorts (RasResorts)

Target Type Value
Downside Intraday Target 29.68
Downside Intraday Target 27.22
Upside Intraday Target 33.38
Upside Intraday Target 34.62
Downside Intraday Target 30.92

Weekly technical analysis of Ras Resorts (RasResorts)

Date Weekly Closing Price Open High Low Volume
18 Thu Aug 2022 32.15 28.45 32.15 28.45 1.309 times
12 Fri Aug 2022 27.85 27.80 30.60 26.55 0.325 times
05 Fri Aug 2022 29.25 28.50 31.75 26.55 5.022 times
30 Sat Jul 2022 30.00 27.50 30.00 25.70 0.28 times
22 Fri Jul 2022 27.05 25.80 28.35 24.55 24.82 times

Price has moved up 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
18 Thu Aug 2022 32.15 28.50 32.15 26.55 1.568 times
30 Sat 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 3.321 times
30 Mon May 2022 30.00 39.00 42.50 30.00 0.095 times

Scroll below to view daily charts

Price has moved up 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 46, 13, 54 Buy
MACD 1, 1Buy
Stochastics 77Buy
CCI 154Buy
RSI 45Sell
OBV 4294Sell
VWAP 29Buy
ADL 0Sell
ROC 6Buy
Force Index 0Sell

Price action analysis of Ras Resorts ( (RasResorts) ) based on a short term time period is positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.

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

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 BUY. Signal strength is Strong and stock is gaining momentum.

MACD generated a BUY signal for Ras Resorts in short term and the buy signal is strong.

MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.

Ras Resorts Stock is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting stronger in this stock.

Ichimoku cloud is of green color and prices are above the green cloud Prices appear to be moving up

CCI has generated a buy signal for Ras Resorts in short term and BUY 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

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 29.37 and Ras Resorts (RasResorts) stock is trading above this level. This is a good sign for the stock and it could move higher. 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 is giving positive 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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