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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 2022-09-21 View latest technical analysis

10 day averaged volume of Ras Resorts is 369

Date Daily Closing Price Open High Low Volume
21 Wed Sep 2022 36.60 36.65 36.65 36.60 0.022 times
20 Tue Sep 2022 38.50 34.90 38.50 34.90 1.154 times
19 Mon Sep 2022 36.70 36.70 36.70 36.70 0.03 times
16 Fri Sep 2022 38.60 40.80 42.60 38.60 0.228 times
15 Thu Sep 2022 40.60 40.65 42.65 38.65 0.699 times
14 Wed Sep 2022 40.65 36.85 40.65 36.85 3.268 times
13 Tue Sep 2022 38.75 39.40 39.40 35.75 0.369 times
12 Mon Sep 2022 37.55 34.10 37.55 34.10 1.911 times
09 Fri Sep 2022 35.80 37.40 39.25 35.55 0.236 times
08 Thu Sep 2022 37.40 37.40 37.40 37.40 1.626 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 36.2 as stoploss in an intra day buy trade for a target of 37.79. However, stock will show a bearish move below 36.2.

Share price targets for Ras Resorts (RasResorts)

Target Type Value
Downside Target 21.15
Downside Target 24.45
Downside Target 26.55
Downside Target 29.85
Downside Target 33.35
Downside Target 34.90
Upside Target 38.50
Upside Target 39.25
Upside Target 42.50
Upside Target 42.65
Upside Target 42.80

Intraday share price targets for Ras Resorts (RasResorts)

Target Type Value
Downside Intraday Target 34.83
Downside Intraday Target 33.07
Upside Intraday Target 38.43
Upside Intraday Target 40.27
Upside Intraday Target 36.67

Weekly technical analysis of Ras Resorts (RasResorts)

Date Weekly Closing Price Open High Low Volume
21 Wed Sep 2022 36.60 36.70 38.50 34.90 0.186 times
16 Fri Sep 2022 38.60 34.10 42.65 34.10 0.934 times
09 Fri Sep 2022 35.80 39.10 39.25 34.00 0.789 times
02 Fri Sep 2022 37.40 36.90 38.50 33.35 0.511 times
26 Fri Aug 2022 38.80 35.25 42.80 35.00 1.998 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
21 Wed Sep 2022 36.60 35.10 42.65 33.35 0.532 times
30 Tue Aug 2022 35.10 28.50 42.80 26.55 3.146 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

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 21, 18, 6 Buy
MACD 3, 4Sell
Stochastics 37None
CCI -70Sell
RSI 49Sell
OBV 6462Sell
VWAP 39Sell
ADL 0Sell
ROC -2Sell
Force Index 0Sell

Price action analysis of Ras Resorts ( (RasResorts) ) based on a short 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 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 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 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 38.95 and Ras Resorts (RasResorts) stock is trading below this level. This means that stock is falling with high volumes. 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 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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