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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)

10 day averaged volume of Ras Resorts is 464

Date Daily Closing Price Open High Low Volume
08 Wed May 2024 47.64 44.93 52.98 43.85 0.746 times
07 Tue May 2024 44.93 49.00 49.00 43.00 0.511 times
06 Mon May 2024 41.44 42.50 44.50 41.01 0.121 times
03 Fri May 2024 44.85 43.90 48.49 43.90 2.957 times
02 Thu May 2024 43.25 43.00 43.90 42.16 0.287 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 46.6, for a target of 44.2 or 42.24

Share price targets for Ras Resorts (RasResorts)

Target Type Value
Downside Target 36.39
Downside Target 38.45
Downside Target 41.01
Downside Target 46.94
Upside Target 47.95
Upside Target 48.49
Upside Target 50.12
Upside Target 52.98
Upside Target 53.16

Intraday share price targets for Ras Resorts (RasResorts)

Target Type Value
Downside Intraday Target 41.44
Downside Intraday Target 35.24
Upside Intraday Target 53.41
Upside Intraday Target 59.18
Downside Intraday Target 47.21

Weekly technical analysis of Ras Resorts (RasResorts)

Date Weekly Closing Price Open High Low Volume
08 Wed May 2024 47.64 42.50 52.98 41.01 0.404 times
03 Fri May 2024 44.85 42.99 48.49 42.16 0.642 times
26 Fri Apr 2024 42.03 41.13 46.94 37.11 1.113 times
18 Thu Apr 2024 41.13 36.39 41.73 36.39 5.472 times
12 Fri Apr 2024 41.97 42.40 42.80 37.15 0.481 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
08 Wed May 2024 47.64 43.00 52.98 41.01 0.357 times
30 Tue Apr 2024 42.65 43.00 46.94 36.39 0.815 times
28 Thu Mar 2024 39.52 44.05 47.95 38.45 0.358 times
29 Thu Feb 2024 43.05 47.25 53.16 42.06 1.024 times

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 39, 19, 34 Buy
MACD 1, -0Buy
Stochastics 57None
CCI 167Buy
RSI 51Buy
OBV 4147Sell
VWAP 44Buy
ADL 0Sell
ROC 16Buy
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 positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.

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 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 tired and bears are picking up momentum.

Ichimoku cloud is of red color and prices are in or above the red 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 BUY signal in short term and the buying is gaining 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 43.98 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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