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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 2022-06-10 View latest technical analysis

10 day averaged volume of Ras Resorts is 836

Date Daily Closing Price Open High Low Volume
10 Fri Jun 2022 23.85 24.45 24.50 22.20 0.209 times
09 Thu Jun 2022 23.35 23.35 23.35 21.15 3.324 times
08 Wed Jun 2022 22.25 22.15 24.45 22.15 3.391 times
07 Tue Jun 2022 23.30 23.30 23.30 23.30 0.227 times
06 Mon Jun 2022 24.50 24.50 24.50 24.50 0.24 times
03 Fri Jun 2022 25.75 25.75 25.75 25.75 0.12 times
02 Thu Jun 2022 27.10 27.10 27.10 27.10 2.392 times
01 Wed Jun 2022 28.50 28.50 29.85 28.50 0.197 times
30 Mon May 2022 30.00 30.00 30.00 30.00 0.031 times
25 Wed May 2022 31.55 31.55 31.55 31.55 0.017 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 25.5, but if it comes above 25.5, then a intra day buy could be more profitable.
If you take a sell trade below 25.5, then use 25.5 as stoploss and 17.9 as target. However if you take a buy trade in stock , then use 25.5 as stoploss and 31.75 as target.

Share price targets for Ras Resorts (RasResorts)

Target Type Value
Downside Target 21.15
Downside Target 22.40
Downside Target 23.50
Upside Target 24.50
Upside Target 25.75
Upside Target 28.65
Upside Target 29.25
Upside Target 29.85
Upside Target 31.55
Upside Target 33.05
Upside Target 34.90
Upside Target 36.70
Upside Target 37.80
Upside Target 41.10
Upside Target 42.50

Intraday share price targets for Ras Resorts (RasResorts)

Target Type Value
Downside Intraday Target 21.83
Downside Intraday Target 19.82
Upside Intraday Target 25.18
Upside Intraday Target 26.52
Downside Intraday Target 23.17

Weekly technical analysis of Ras Resorts (RasResorts)

Date Weekly Closing Price Open High Low Volume
10 Fri Jun 2022 23.85 24.50 24.50 21.15 2.698 times
03 Fri Jun 2022 25.75 30.00 30.00 25.75 23.378 times
25 Wed May 2022 31.55 34.90 34.90 31.55 49 times
20 Fri May 2022 36.70 37.80 37.80 36.70 0.001 times
04 Wed May 2022 38.70 39.00 42.50 37.05 0.361 times

Price has moved down this week, and volume has increased substantially. This means that the move can continue in coming weeks.

Monthly technical analysis of Ras Resorts (RasResorts)

Date Monthly Closing Price Open High Low Volume
10 Fri Jun 2022 23.85 28.50 29.85 21.15 2.07 times
30 Mon May 2022 30.00 39.00 42.50 30.00 0.095 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

Scroll below to view daily charts

Price has moved down this month, and volume has increased substantially. This means that the move can continue in coming months.

Indicators analysis of Ras Resorts (RasResorts)

Indicator Name Indicator Value Indicator Signal
ADX 15, 48, 52 Sell
MACD -5, -3Sell
Stochastics 15Sell
CCI -62Buy
RSI 49Sell
OBV -767Sell
VWAP 24Sell
ADL 0Sell
ROC -28Sell
Force Index 0Sell

Price action analysis of Ras Resorts ( (RasResorts) ) based on a short term time period is positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.

Price action analysis of Ras Resorts ( (RasResorts) ) based on a short term time period is positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.

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 Strong and stock is losing momentum.

MACD generated a SELL signal for Ras Resorts in short term and the sell signal is strong.

Ras Resorts Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are weakening, and bulls are picking up momentum!

Ichimoku cloud is of red color and prices are below the red cloud Prices appear to be moving up

CCI has generated a buy signal for Ras Resorts in short term but BUY 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

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 24.07 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.

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Daily charts

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Daily chart

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