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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 2022-09-29 View latest technical analysis

10 day averaged volume of Ras Resorts is 242

Date Daily Closing Price Open High Low Volume
29 Thu Sep 2022 33.50 33.50 33.55 33.50 1.31 times
28 Wed Sep 2022 35.25 35.25 35.25 35.25 0.64 times
26 Mon Sep 2022 37.10 37.10 37.10 37.10 0.917 times
23 Fri Sep 2022 39.00 39.20 39.20 36.50 0.174 times
22 Thu Sep 2022 38.40 38.40 38.40 38.40 0.025 times
21 Wed Sep 2022 36.60 36.65 36.65 36.60 0.033 times
20 Tue Sep 2022 38.50 34.90 38.50 34.90 1.76 times
19 Mon Sep 2022 36.70 36.70 36.70 36.70 0.045 times
16 Fri Sep 2022 38.60 40.80 42.60 38.60 0.347 times
15 Thu Sep 2022 40.60 40.65 42.65 38.65 1.066 times

Although my analysis for stock is bearish for shortterm, but stock is in heavy over sold zones and there are high chances of some recovery tomorrow. You might want to buy the stock tomorrow in intra day with a stoploss of 33.7, for a target of 35.8 or 37.43

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
Upside Target 34.90
Upside Target 37.10
Upside Target 38.50
Upside Target 39.20
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 32.3
Downside Intraday Target 31.1
Upside Intraday Target 35.9
Upside Intraday Target 38.3
Upside Intraday Target 34.7

Weekly technical analysis of Ras Resorts (RasResorts)

Date Weekly Closing Price Open High Low Volume
29 Thu Sep 2022 33.50 37.10 37.10 33.50 1.408 times
23 Fri Sep 2022 39.00 36.70 39.20 34.90 0.206 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

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
29 Thu Sep 2022 33.50 35.10 42.65 33.35 0.579 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 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 19, 32, 25 Sell
MACD 2, 3Sell
Stochastics 11Sell
CCI -166Sell
RSI 47Sell
OBV 4647Sell
VWAP 37Sell
ADL 0Sell
ROC -18Sell
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 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 to mid term time period is

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 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 positive zone. This is a BUY 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 37.28 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 positive

Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.

Click here for Ras Resorts charts

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Daily charts

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Daily chart

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