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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 2022-05-20 View latest technical analysis

10 day averaged volume of Ras Resorts is 1680

Date Daily Closing Price Open High Low Volume
20 Fri May 2022 36.70 36.70 36.70 36.70 0.001 times
18 Wed May 2022 37.80 37.80 37.80 37.80 0.001 times
05 Thu May 2022 39.75 38.65 39.85 38.65 0.006 times
04 Wed May 2022 38.70 42.50 42.50 38.70 0.232 times
02 Mon May 2022 40.65 39.00 40.65 37.05 2.121 times
29 Fri Apr 2022 39.00 39.25 39.25 39.00 0.055 times
28 Thu Apr 2022 37.65 37.25 40.95 37.20 0.962 times
27 Wed Apr 2022 39.00 37.75 39.00 35.55 2.827 times
26 Tue Apr 2022 37.15 36.00 38.75 35.95 1.362 times
25 Mon Apr 2022 37.65 41.10 41.10 37.65 1.319 times

My analysis of stock is bearish for shortterm, but stock is semi over sold and there are some chances of seeing a recovery tomorrow. Use 35.9 as stoploss in an intra day buy trade for a target of 37.61. However, stock will show a bearish move below 35.9.

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
Upside Target 37.80
Upside Target 38.70
Upside Target 40.50
Upside Target 41.10
Upside Target 42.50

Intraday share price targets for Ras Resorts (RasResorts)

Target Type Value
Downside Intraday Target 36.33
Downside Intraday Target 35.97
Upside Intraday Target 37.43
Upside Intraday Target 38.17
Upside Intraday Target 37.07

Weekly technical analysis of Ras Resorts (RasResorts)

Date Weekly Closing Price Open High Low Volume
20 Fri May 2022 36.70 37.80 37.80 36.70 0.001 times
05 Thu May 2022 39.75 39.00 42.50 37.05 0.361 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

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
20 Fri May 2022 36.70 39.00 42.50 36.70 0.092 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 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, 18, 12 Buy
MACD 3, 4Sell
Stochastics 36None
CCI -138Sell
RSI 52Buy
OBV -3025Sell
VWAP 39Sell
ADL 0Sell
ROC -6Sell
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 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 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 Weak and stock is losing 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 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 BUY signal in short term and the buying is gaining 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 38.76 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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