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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 2022-08-11 View latest technical analysis

10 day averaged volume of Ras Resorts is 568

Date Daily Closing Price Open High Low Volume
11 Thu Aug 2022 26.55 27.90 27.90 26.55 0.354 times
10 Wed Aug 2022 27.90 27.80 30.60 27.80 1.264 times
05 Fri Aug 2022 29.25 27.90 29.25 26.55 5.445 times
04 Thu Aug 2022 27.90 27.90 27.90 27.90 0.176 times
03 Wed Aug 2022 29.35 29.25 31.40 29.20 0.257 times
02 Tue Aug 2022 30.70 30.95 31.75 28.75 0.629 times
01 Mon Aug 2022 30.25 28.50 31.50 28.50 1.363 times
29 Fri Jul 2022 30.00 29.95 30.00 29.95 0.528 times
28 Thu Jul 2022 29.50 29.50 29.50 29.50 0.019 times
27 Wed Jul 2022 28.50 28.50 28.50 28.50 0.021 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 25.9 as stoploss in an intra day buy trade for a target of 27.64. However, stock will show a bearish move below 25.9.

Share price targets for Ras Resorts (RasResorts)

Target Type Value
Downside Target 21.15
Downside Target 24.45
Downside Target 25.70
Downside Target 26.55
Upside Target 27.15
Upside Target 28.35
Upside Target 29.25
Upside Target 29.85
Upside Target 30.00
Upside Target 30.60
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 25.2
Downside Intraday Target 23.85
Upside Intraday Target 29.25
Upside Intraday Target 31.95
Upside Intraday Target 27.9

Weekly technical analysis of Ras Resorts (RasResorts)

Date Weekly Closing Price Open High Low Volume
11 Thu Aug 2022 26.55 27.80 30.60 26.55 0.206 times
05 Fri Aug 2022 29.25 28.50 31.75 26.55 5.022 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

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
11 Thu Aug 2022 26.55 28.50 31.75 26.55 1.08 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 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 32, 19, 26 Buy
MACD 0, 0Sell
Stochastics 28Sell
CCI -145Sell
RSI 40Sell
OBV 1935Sell
VWAP 29Sell
ADL 0Sell
ROC -3Sell
Force Index 0Sell

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 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 SELL signal for Ras Resorts in short term but the sell signal is initial and weak.

Ras Resorts Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are getting stronger in this stock.

Ichimoku cloud is of green color and prices are in or below the green 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 SELL signal in short term and selling is picking up momentum.

MRSI is in negative zone. This is the SELL zone

Although the stock is in the SELL zone, but selling 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 29.23 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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