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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 2022-05-02 View latest technical analysis

10 day averaged volume of Ras Resorts is 2456

Date Daily Closing Price Open High Low Volume
02 Mon May 2022 40.65 39.00 40.65 37.05 1.451 times
29 Fri Apr 2022 39.00 39.25 39.25 39.00 0.038 times
28 Thu Apr 2022 37.65 37.25 40.95 37.20 0.658 times
27 Wed Apr 2022 39.00 37.75 39.00 35.55 1.934 times
26 Tue Apr 2022 37.15 36.00 38.75 35.95 0.932 times
25 Mon Apr 2022 37.65 41.10 41.10 37.65 0.902 times
22 Fri Apr 2022 39.15 39.00 39.15 38.05 0.761 times
21 Thu Apr 2022 37.30 40.50 40.50 37.05 2.094 times
20 Wed Apr 2022 38.60 38.30 40.00 36.70 0.501 times
19 Tue Apr 2022 38.20 40.20 40.25 36.45 1.668 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 39, but if it comes below 39, then a intra day sell could be more profitable.
If you take a sell trade below 39, then use 39 as stoploss and 36.6 as target. However if you take a buy trade in stock , then use 39 as stoploss and 42 as target.

Share price targets for Ras Resorts (RasResorts)

Target Type Value
Downside Target 22.40
Downside Target 23.50
Downside Target 27.40
Downside Target 28.65
Downside Target 29.25
Downside Target 31.85
Downside Target 33.05
Downside Target 35.55
Downside Target 36.85
Downside Target 38.70
Downside Target 40.50
Downside Target 40.65
Upside Target 41.10

Intraday share price targets for Ras Resorts (RasResorts)

Target Type Value
Downside Intraday Target 38.25
Downside Intraday Target 35.85
Upside Intraday Target 41.85
Upside Intraday Target 43.05
Downside Intraday Target 39.45

Weekly technical analysis of Ras Resorts (RasResorts)

Date Weekly Closing Price Open High Low Volume
02 Mon May 2022 40.65 39.00 40.65 37.05 0.325 times
29 Fri Apr 2022 39.00 41.10 41.10 35.55 0.806 times
22 Fri Apr 2022 39.15 36.55 40.50 36.05 2.627 times
13 Wed Apr 2022 36.55 33.85 38.70 32.20 0.39 times
08 Fri Apr 2022 33.85 31.10 36.85 29.80 14.146 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
02 Mon May 2022 40.65 39.00 40.65 37.05 0.083 times
29 Fri Apr 2022 39.00 32.25 41.10 29.25 7.748 times
31 Thu Mar 2022 30.75 23.50 33.05 22.40 1.905 times
23 Wed Feb 2022 23.50 28.05 28.65 23.50 0.391 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 24, 14, 25 Buy
MACD 4, 4Buy
Stochastics 64None
CCI 141Buy
RSI 56Buy
OBV 615Sell
VWAP 38Buy
ADL 0Sell
ROC 6Buy
Force Index 0Sell

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 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 to mid 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 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 Strong and stock is losing 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 in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. Bulls are getting stronger in this stock.

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 buy signal for Ras Resorts in short term and BUY signal is strong.

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

MRSI is in positive zone. This is a BUY zone

Although the stock is in the BUY zone, but buying 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 38.41 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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