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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 2021-09-01 View latest technical analysis

10 day averaged volume of Ras Resorts is 246

Date Daily Closing Price Open High Low Volume
01 Wed Sep 2021 26.65 27.15 28.35 26.00 0.902 times
31 Tue Aug 2021 27.15 24.70 27.20 24.70 3.244 times
30 Mon Aug 2021 26.00 25.65 26.00 25.65 0.76 times
27 Fri Aug 2021 27.00 27.00 27.00 27.00 0.041 times
25 Wed Aug 2021 26.60 26.60 26.60 26.60 0.959 times
24 Tue Aug 2021 27.95 25.70 28.30 25.70 0.118 times
23 Mon Aug 2021 27.05 27.00 29.00 27.00 1.443 times
20 Fri Aug 2021 28.25 28.05 28.50 28.00 0.854 times
18 Wed Aug 2021 29.30 30.35 30.35 27.55 2.053 times
17 Tue Aug 2021 29.00 28.00 29.00 28.00 0.244 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 26.8, but if it comes above 26.8, then a intra day buy could be more profitable.
If you take a sell trade below 26.8, then use 26.8 as stoploss and 25.6 as target. However if you take a buy trade in stock , then use 26.8 as stoploss and 27.89 as target.

Share price targets for Ras Resorts (RasResorts)

Target Type Value
Downside Target 19.05
Downside Target 24.70
Downside Target 25.65
Upside Target 28.35
Upside Target 29.00
Upside Target 29.95
Upside Target 30.35
Upside Target 30.70
Upside Target 31.50
Upside Target 31.90

Intraday share price targets for Ras Resorts (RasResorts)

Target Type Value
Downside Intraday Target 24.78
Downside Intraday Target 22.92
Upside Intraday Target 28.43
Upside Intraday Target 30.22
Downside Intraday Target 26.57

Weekly technical analysis of Ras Resorts (RasResorts)

Date Weekly Closing Price Open High Low Volume
01 Wed Sep 2021 26.65 25.65 28.35 24.70 1.916 times
27 Fri Aug 2021 27.00 27.00 29.00 25.70 0.742 times
20 Fri Aug 2021 28.25 27.50 30.35 26.70 0.219 times
13 Fri Aug 2021 28.10 25.65 30.70 25.65 2.167 times
06 Fri Aug 2021 27.00 29.85 29.95 25.70 0.928 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
01 Wed Sep 2021 26.65 27.15 28.35 26.00 0.027 times
31 Tue Aug 2021 27.15 29.85 30.70 24.70 1.522 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

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 24, 23, 4 Buy
MACD -1, -0Sell
Stochastics 28Sell
CCI -31Buy
RSI 48Sell
OBV 906Sell
VWAP 28Sell
ADL 0Sell
ROC -10Sell
Force Index 0Sell

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

ADX buy sell signal for Ras Resorts stock for short term is BUY. Signal strength is Weak and stock is losing 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 in or above the red cloud Prices appear to be coming down

CCI has generated a buy signal for Ras Resorts in short term but BUY signal is weak.

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 27.52 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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Daily chart

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