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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 167

Date Daily Closing Price Open High Low Volume
29 Tue Nov 2022 34.10 34.10 34.10 34.10 0.024 times
22 Tue Nov 2022 35.85 35.90 35.90 35.85 0.617 times
18 Fri Nov 2022 37.65 37.65 37.65 37.65 0.006 times
17 Thu Nov 2022 35.90 35.90 35.90 35.90 0.018 times
16 Wed Nov 2022 35.90 35.90 35.90 35.90 0.024 times
15 Tue Nov 2022 36.00 34.20 36.00 34.20 0.012 times
14 Mon Nov 2022 36.00 33.20 36.00 33.20 3.491 times
11 Fri Nov 2022 34.90 36.70 38.50 34.90 3.545 times
10 Thu Nov 2022 36.70 37.85 40.50 36.70 0.108 times
09 Wed Nov 2022 38.60 38.65 38.65 35.05 0.449 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 34.5, but if it comes above 34.5, then a intra day buy could be more profitable.
If you take a sell trade below 34.5, then use 34.5 as stoploss and 33 as target. However if you take a buy trade in stock , then use 34.5 as stoploss and 35.8 as target.

Share price targets for Ras Resorts (RasResorts)

Target Type Value
Downside Target 24.45
Downside Target 26.55
Downside Target 27.50
Downside Target 30.00
Downside Target 31.85
Downside Target 32.55
Downside Target 33.20
Downside Target 34.10
Upside Target 35.85
Upside Target 37.65
Upside Target 39.65
Upside Target 40.50
Upside Target 42.65
Upside Target 42.80

Intraday share price targets for Ras Resorts (RasResorts)

Target Type Value
Downside Intraday Target 34.1
Downside Intraday Target 34.1
Downside Intraday Target 34.1
Downside Intraday Target 34.1
Downside Intraday Target 34.1

Weekly technical analysis of Ras Resorts (RasResorts)

Date Weekly Closing Price Open High Low Volume
29 Tue Nov 2022 34.10 34.10 34.10 34.10 0.039 times
22 Tue Nov 2022 35.85 35.90 35.90 35.85 0.174 times
18 Fri Nov 2022 37.65 33.20 37.65 33.20 0.608 times
11 Fri Nov 2022 34.90 36.85 40.50 34.25 5.304 times
04 Fri Nov 2022 35.10 37.80 39.65 32.55 1.363 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
29 Tue Nov 2022 34.10 35.95 40.50 32.55 0.669 times
31 Mon Oct 2022 37.80 30.30 37.80 27.50 0.288 times
30 Fri Sep 2022 31.85 35.10 42.65 31.85 0.614 times
30 Tue Aug 2022 35.10 28.50 42.80 26.55 3.146 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 25, 36, 17 Sell
MACD 1, 1Sell
Stochastics 38None
CCI -147Sell
RSI 48Sell
OBV 603Sell
VWAP 36Sell
ADL 0Sell
ROC -7Sell
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 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 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 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 in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. Bears are getting stronger in this stock.

Ichimoku cloud is of green color and prices are in or below the green 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

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 35.66 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.

Click here for Ras Resorts charts

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Daily charts

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Daily chart

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