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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 2021-12-28 View latest technical analysis

10 day averaged volume of Ras Resorts is 503

Date Daily Closing Price Open High Low Volume
28 Tue Dec 2021 27.80 27.80 27.80 27.80 0.024 times
23 Thu Dec 2021 29.25 27.05 29.25 27.05 1.531 times
22 Wed Dec 2021 27.90 28.30 28.30 27.40 1.04 times
21 Tue Dec 2021 28.80 29.00 29.00 28.80 0.726 times
20 Mon Dec 2021 30.15 30.90 30.95 30.10 0.567 times
17 Fri Dec 2021 30.95 33.15 33.15 30.95 0.109 times
16 Thu Dec 2021 31.60 32.20 32.20 30.70 0.056 times
15 Wed Dec 2021 30.70 32.00 32.05 29.05 1.69 times
14 Tue Dec 2021 30.55 31.20 31.20 28.50 1.825 times
13 Mon Dec 2021 29.95 28.25 31.15 28.25 2.457 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 28.4, but if it comes above 28.4, then a intra day buy could be more profitable.
If you take a sell trade below 28.4, then use 28.4 as stoploss and 27.2 as target. However if you take a buy trade in stock , then use 28.4 as stoploss and 29.46 as target.

Share price targets for Ras Resorts (RasResorts)

Target Type Value
Downside Target 24.70
Downside Target 25.20
Downside Target 26.70
Downside Target 27.80
Upside Target 29.20
Upside Target 30.45
Upside Target 30.55
Upside Target 30.70
Upside Target 30.95
Upside Target 31.15
Upside Target 31.45
Upside Target 33.15

Intraday share price targets for Ras Resorts (RasResorts)

Target Type Value
Downside Intraday Target 27.8
Downside Intraday Target 27.8
Downside Intraday Target 27.8
Downside Intraday Target 27.8
Downside Intraday Target 27.8

Weekly technical analysis of Ras Resorts (RasResorts)

Date Weekly Closing Price Open High Low Volume
28 Tue Dec 2021 27.80 27.80 27.80 27.80 0.006 times
23 Thu Dec 2021 29.25 30.90 30.95 27.05 0.629 times
17 Fri Dec 2021 30.95 28.25 33.15 28.25 280.636 times
08 Wed Dec 2021 29.70 30.45 30.45 29.70 0.004 times
03 Fri Dec 2021 29.00 28.00 30.55 26.70 1.657 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
28 Tue Dec 2021 27.80 27.65 33.15 27.05 0.49 times
30 Tue Nov 2021 29.10 27.90 31.15 25.65 1.473 times
29 Fri Oct 2021 27.90 29.40 31.45 26.75 1.163 times
30 Thu Sep 2021 28.00 27.15 29.20 25.20 1.044 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 23, 23, 1 Sell
MACD 0, 1Sell
Stochastics 19Sell
CCI -110Sell
RSI 46Sell
OBV 1818Sell
VWAP 30Sell
ADL 0Sell
ROC -6Sell
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

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 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 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 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 negative zone. This is the SELL 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 29.81 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.

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Daily charts

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Daily chart

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