Mobile app version of munafa.co.com
Login or Join
 Learn then Earn

Daily Technical Analysis Weekly Analysis Monthly Analysis Renko chart MACD chart Bollinger Bands chart Stochastics charts Force Index charts

(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 2022-01-11 View latest technical analysis

10 day averaged volume of Ras Resorts is 451

Date Daily Closing Price Open High Low Volume
11 Tue Jan 2022 29.70 31.65 31.65 29.30 2.829 times
10 Mon Jan 2022 30.80 30.80 31.70 30.80 1.401 times
07 Fri Jan 2022 30.80 30.80 30.80 30.00 0.747 times
06 Thu Jan 2022 30.80 30.80 30.80 30.80 0.188 times
04 Tue Jan 2022 30.85 30.50 30.90 28.30 3.459 times
03 Mon Jan 2022 29.75 29.75 29.75 28.50 0.007 times
31 Fri Dec 2021 28.50 28.95 28.95 28.50 0.499 times
28 Tue Dec 2021 27.80 27.80 27.80 27.80 0.027 times
23 Thu Dec 2021 29.25 27.05 29.25 27.05 1.707 times
22 Wed Dec 2021 27.90 28.30 28.30 27.40 1.16 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, and stock might move down till 28.9 or till 27.6. Use a stoploss of 29.9 and if the stock hits stoploss, then it can shoot up till 30.94

Share price targets for Ras Resorts (RasResorts)

Target Type Value
Downside Target 25.20
Downside Target 26.75
Downside Target 27.80
Downside Target 28.95
Upside Target 30.90
Upside Target 30.95
Upside Target 31.15
Upside Target 31.45
Upside Target 31.70
Upside Target 33.15

Intraday share price targets for Ras Resorts (RasResorts)

Target Type Value
Downside Intraday Target 28.77
Downside Intraday Target 27.83
Upside Intraday Target 31.17
Upside Intraday Target 32.63
Upside Intraday Target 30.23

Weekly technical analysis of Ras Resorts (RasResorts)

Date Weekly Closing Price Open High Low Volume
11 Tue Jan 2022 29.70 30.80 31.70 29.30 0.961 times
07 Fri Jan 2022 30.80 29.75 30.90 28.30 8.376 times
31 Fri Dec 2021 28.50 27.80 28.95 27.80 0.122 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

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
11 Tue Jan 2022 29.70 29.75 31.70 28.30 0.53 times
31 Fri Dec 2021 28.50 27.65 33.15 27.05 0.505 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

Scroll below to view daily charts

Price has moved up 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 29, 27, 5 Buy
MACD 1, 1Buy
Stochastics 78Buy
CCI 47Sell
RSI 49Sell
OBV 1995Sell
VWAP 30Sell
ADL 0Sell
ROC 3Buy
Force Index 0Sell

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 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 short to mid 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 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 Weak and stock is losing momentum.

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

Ras Resorts Stock is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting tired and bears 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 but SELL signal is weak.

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

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 29.95 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 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

Click here for further forecast and predictions for tomorrow

Daily charts

Daily Technical Analysis Weekly Analysis Monthly Analysis Renko chart MACD chart Bollinger Bands chart Stochastics charts Force Index charts

Daily chart

Daily analysis, news, Munafa stocks list in email:

Back to top | Use Dark Theme