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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 2022-08-02 View latest technical analysis

10 day averaged volume of Ras Resorts is 261

Date Daily Closing Price Open High Low Volume
02 Tue Aug 2022 30.70 30.95 31.75 28.75 1.368 times
01 Mon Aug 2022 30.25 28.50 31.50 28.50 2.966 times
29 Fri Jul 2022 30.00 29.95 30.00 29.95 1.149 times
28 Thu Jul 2022 29.50 29.50 29.50 29.50 0.042 times
27 Wed Jul 2022 28.50 28.50 28.50 28.50 0.046 times
26 Tue Jul 2022 27.50 27.00 27.50 27.00 0.64 times
25 Mon Jul 2022 26.20 27.50 28.00 25.70 1.533 times
22 Fri Jul 2022 27.05 27.55 28.35 25.65 1.115 times
21 Thu Jul 2022 27.00 25.75 27.00 24.55 1.533 times
20 Wed Jul 2022 25.75 25.75 25.75 25.70 0.962 times

Although my analysis for stock is bullish for shortterm, but stock is over bought and there are high chances of some profit booking tomorrow. You might want to sell the stock tomorrow in intra day with a stoploss of 30.9, for a target of 28.8 or 27

Share price targets for Ras Resorts (RasResorts)

Target Type Value
Downside Target 21.15
Downside Target 24.45
Downside Target 25.70
Downside Target 27.15
Downside Target 28.35
Downside Target 29.25
Downside Target 29.85
Downside Target 30.00
Upside Target 31.75
Upside Target 41.10
Upside Target 42.50

Intraday share price targets for Ras Resorts (RasResorts)

Target Type Value
Downside Intraday Target 28.88
Downside Intraday Target 27.07
Upside Intraday Target 32.13
Upside Intraday Target 33.57
Downside Intraday Target 30.32

Weekly technical analysis of Ras Resorts (RasResorts)

Date Weekly Closing Price Open High Low Volume
02 Tue Aug 2022 30.70 28.50 31.75 28.50 1.271 times
29 Fri Jul 2022 30.00 27.50 30.00 25.70 0.28 times
22 Fri Jul 2022 27.05 25.80 28.35 24.55 24.82 times
14 Thu Jul 2022 27.15 24.45 27.15 24.45 0.161 times
08 Fri Jul 2022 25.70 25.95 25.95 24.70 0.754 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 Tue Aug 2022 30.70 28.50 31.75 28.50 0.227 times
29 Fri Jul 2022 30.00 25.85 30.00 24.45 0.368 times
30 Thu Jun 2022 25.90 28.50 29.85 21.15 3.329 times
30 Mon May 2022 30.00 39.00 42.50 30.00 0.095 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 36, 13, 47 Buy
MACD 1, -0Buy
Stochastics 89Buy
CCI 97Buy
RSI 40Sell
OBV -723Sell
VWAP 28Buy
ADL 0Sell
ROC 25Buy
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 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 gaining 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 is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting tired and bears are picking up momentum.

Ichimoku cloud is of green color and prices are above the green 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 SELL signal in short term and selling is picking up 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 28.43 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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Daily chart

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