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(RAVE) Rave Restaurant complete technical analysis [charts+indicators] | Buy/Sell Rave Restaurant | (RAVE) share price targets

Complete technical analysis of Rave Restaurant (RAVE) by charts plus indicators, forecast predictions and share price targets for Rave Restaurant (RAVE)

Rave Restaurant trades in USA in Consumer Non Durables sector.

10 day averaged volume of Rave Restaurant is 11382

Date Daily Closing Price Open High Low Volume
31 Fri May 2024 1.88 1.86 1.94 1.86 1.028 times
30 Thu May 2024 1.88 1.88 1.93 1.85 0.931 times
29 Wed May 2024 1.87 1.90 1.95 1.83 2.003 times
28 Tue May 2024 1.91 1.99 2.00 1.90 0.422 times
23 Thu May 2024 1.95 1.96 1.96 1.88 1.002 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 1.9, but if it comes above 1.9, then a intra day buy could be more profitable.
If you take a sell trade below 1.9, then use 1.9 as stoploss and 1.8 as target. However if you take a buy trade in stock , then use 1.9 as stoploss and 1.91 as target.

Share price targets for Rave Restaurant (RAVE)

Target Type Value
Downside Target 1.64
Downside Target 1.78
Upside Target 1.95
Upside Target 2.00
Upside Target 2.02
Upside Target 2.06
Upside Target 2.20
Upside Target 2.22
Upside Target 2.25
Upside Target 2.33

Intraday share price targets for Rave Restaurant (RAVE)

Target Type Value
Downside Intraday Target 1.81
Downside Intraday Target 1.73
Upside Intraday Target 1.98
Upside Intraday Target 2.07
Upside Intraday Target 1.9

Weekly technical analysis of Rave Restaurant (RAVE)

Date Weekly Closing Price Open High Low Volume
31 Fri May 2024 1.88 1.99 2.00 1.83 1.201 times
23 Thu May 2024 1.95 1.93 2.00 1.84 0.662 times
17 Fri May 2024 1.93 1.80 1.99 1.80 0.501 times
10 Fri May 2024 1.85 2.06 2.06 1.78 1.142 times
03 Fri May 2024 1.97 2.11 2.20 1.95 0.796 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 Rave Restaurant (RAVE)

Date Monthly Closing Price Open High Low Volume
31 Fri May 2024 1.88 2.06 2.20 1.78 0.737 times
30 Tue Apr 2024 2.05 2.22 2.22 1.96 0.595 times
28 Thu Mar 2024 2.19 1.89 2.33 1.64 1.403 times
29 Thu Feb 2024 1.86 1.91 2.02 1.81 0.636 times

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 Rave Restaurant (RAVE)

Indicator Name Indicator Value Indicator Signal
ADX 50, 50, 0 Sell
MACD -0, -0Sell
Stochastics 27Sell
CCI -73Buy
RSI 49Sell
OBV -94636Sell
VWAP 2Sell
ADL 0Sell
ROC -2Sell
Force Index 0Sell

Price action analysis of Rave Restaurant ( (RAVE) ) 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 Rave Restaurant ( (RAVE) ) based on a short term time period is

Price action analysis of Rave Restaurant ( (RAVE) ) 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 Rave Restaurant ( (RAVE) ) 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 Rave Restaurant stock for short term is SELL. Signal strength is Weak and stock is losing momentum.

MACD generated a SELL signal for Rave Restaurant in short term and the sell signal is strong.

Rave Restaurant 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 red color and prices are in or above the red cloud Prices appear to be coming down

CCI has generated a buy signal for Rave Restaurant in short term but BUY signal is weak.

RSI is generating a SELL signal in short term but selling is losing momentum.

MRSI is in positive zone. This is a BUY zone

Stock of Rave Restaurant is picking up buying momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 1.91 and Rave Restaurant (RAVE) 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 Rave Restaurant (RAVE) stock. Volume based technical analysis of Rave Restaurant (RAVE) stock is negative.

Rave Restaurant 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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