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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 2022-06-15 View latest technical analysis

10 day averaged volume of Ras Resorts is 909

Date Daily Closing Price Open High Low Volume
15 Wed Jun 2022 24.95 26.25 26.25 24.95 1.652 times
14 Tue Jun 2022 26.25 26.25 26.25 26.25 0.451 times
13 Mon Jun 2022 25.00 25.00 25.00 22.75 0.262 times
10 Fri Jun 2022 23.85 24.45 24.50 22.20 0.193 times
09 Thu Jun 2022 23.35 23.35 23.35 21.15 3.057 times
08 Wed Jun 2022 22.25 22.15 24.45 22.15 3.119 times
07 Tue Jun 2022 23.30 23.30 23.30 23.30 0.209 times
06 Mon Jun 2022 24.50 24.50 24.50 24.50 0.221 times
03 Fri Jun 2022 25.75 25.75 25.75 25.75 0.11 times
02 Thu Jun 2022 27.10 27.10 27.10 27.10 2.2 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 23.8 as stoploss in an intra day buy trade for a target of 29.9. However, stock will show a bearish move below 23.8.

Share price targets for Ras Resorts (RasResorts)

Target Type Value
Downside Target 21.15
Downside Target 22.40
Downside Target 23.50
Downside 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 23.05
Downside Intraday Target 21.15
Upside Intraday Target 26.55
Upside Intraday Target 28.15
Downside Intraday Target 24.65

Weekly technical analysis of Ras Resorts (RasResorts)

Date Weekly Closing Price Open High Low Volume
15 Wed Jun 2022 24.95 25.00 26.25 22.75 0.348 times
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

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
15 Wed Jun 2022 24.95 28.50 29.85 21.15 2.591 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 19, 44, 39 Sell
MACD -4, -4Sell
Stochastics 55None
CCI 44Sell
RSI 48Sell
OBV -241Sell
VWAP 24Buy
ADL 0Sell
ROC -12Sell
Force Index 0Sell

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 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 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 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 gaining momentum.

MACD generated a SELL signal for Ras Resorts in short term and the sell 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 below the red cloud Prices appear to be coming down

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

RSI is generating a SELL signal in short term but selling is losing 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 24.2 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 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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