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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 2022-01-12 View latest technical analysis

10 day averaged volume of Ras Resorts is 542

Date Daily Closing Price Open High Low Volume
12 Wed Jan 2022 31.05 28.25 31.05 28.25 0.033 times
11 Tue Jan 2022 29.70 31.65 31.65 29.30 2.354 times
10 Mon Jan 2022 30.80 30.80 31.70 30.80 1.166 times
07 Fri Jan 2022 30.80 30.80 30.80 30.00 0.622 times
06 Thu Jan 2022 30.80 30.80 30.80 30.80 0.157 times
04 Tue Jan 2022 30.85 30.50 30.90 28.30 2.878 times
03 Mon Jan 2022 29.75 29.75 29.75 28.50 0.006 times
31 Fri Dec 2021 28.50 28.95 28.95 28.50 0.415 times
28 Tue Dec 2021 27.80 27.80 27.80 27.80 0.022 times
23 Thu Dec 2021 29.25 27.05 29.25 27.05 1.421 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 31, but if it comes below 31, then a intra day sell could be more profitable.
If you take a sell trade below 31, then use 31 as stoploss and 30 as target. However if you take a buy trade in stock , then use 31 as stoploss and 32.3 as target.

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
Downside Target 30.90
Downside 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 28.97
Downside Intraday Target 26.88
Upside Intraday Target 32.42
Upside Intraday Target 33.78
Downside Intraday Target 30.33

Weekly technical analysis of Ras Resorts (RasResorts)

Date Weekly Closing Price Open High Low Volume
12 Wed Jan 2022 31.05 30.80 31.70 28.25 0.97 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 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
12 Wed Jan 2022 31.05 29.75 31.70 28.25 0.533 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 25, 28, 7 Sell
MACD 1, 1Buy
Stochastics 75Buy
CCI 30Sell
RSI 50Buy
OBV 3014Sell
VWAP 30Buy
ADL 0Sell
ROC 11Buy
Force Index 0Sell

Price action analysis of Ras Resorts ( (RasResorts) ) based on a short term time period is negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small

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 sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small

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 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 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 moving up

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

RSI is generating a BUY signal in short term and the buying is gaining 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 30.18 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.

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Daily charts

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