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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.

Showing technical analysis as on 2024-04-22 View latest technical analysis

10 day averaged volume of Rave Restaurant is 15410

Date	Daily Closing Price	Open	High	Low	Volume
22 Mon Apr 2024	2.07	2.12	2.12	2.02	2.946 times
19 Fri Apr 2024	2.05	2.08	2.12	2.02	0.681 times
18 Thu Apr 2024	2.06	2.04	2.11	2.00	1.733 times
17 Wed Apr 2024	2.06	2.12	2.13	1.98	2.68 times
16 Tue Apr 2024	2.13	2.10	2.14	2.05	0.629 times
15 Mon Apr 2024	2.06	2.09	2.18	2.05	1.499 times
12 Fri Apr 2024	2.14	2.18	2.19	2.08	0.85 times
11 Thu Apr 2024	2.13	2.20	2.20	2.12	0.545 times
10 Wed Apr 2024	2.16	2.17	2.20	2.13	0.467 times
09 Tue Apr 2024	2.18	2.21	2.22	2.16	0.396 times

Stock of Rave Restaurant (RAVE) has showed a significant upmove. This could be a good time to enter in this stock!

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 2.1, but if it comes above 2.1, then a intra day buy could be more profitable.
If you take a sell trade below 2.1, then use 2.1 as stoploss and 2 as target. However if you take a buy trade in stock , then use 2.1 as stoploss and 2.12 as target.

Share price targets for Rave Restaurant (RAVE)

Target Type	Value
Downside Target	1.64
Downside Target	1.81
Downside Target	1.91
Downside Target	1.98
Downside Target	2.02
Upside Target	2.18
Upside Target	2.22
Upside Target	2.25
Upside Target	2.33
Upside Target	2.40

Intraday share price targets for Rave Restaurant (RAVE)

Target Type	Value
Downside Intraday Target	2.02
Downside Intraday Target	1.97
Upside Intraday Target	2.12
Upside Intraday Target	2.17
Upside Intraday Target	2.07

Weekly technical analysis of Rave Restaurant (RAVE)

Date	Weekly Closing Price	Open	High	Low	Volume
22 Mon Apr 2024	2.07	2.12	2.12	2.02	0.408 times
19 Fri Apr 2024	2.05	2.09	2.18	1.98	2.6 times
12 Fri Apr 2024	2.14	2.19	2.22	2.08	0.272 times
05 Fri Apr 2024	2.18	2.22	2.22	2.06	0.66 times
28 Thu Mar 2024	2.19	1.99	2.33	1.91	1.454 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 Rave Restaurant (RAVE)

Date	Monthly Closing Price	Open	High	Low	Volume
22 Mon Apr 2024	2.07	2.22	2.22	1.98	0.439 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	0.618 times
31 Wed Jan 2024	1.90	2.17	2.25	1.82	1.436 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 Rave Restaurant (RAVE)

Price action analysis of Rave Restaurant ( (RAVE) ) based on a short term time period is positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.

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 to mid 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 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 but the sell signal is initial and weak.

Rave Restaurant 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 weakening, and bulls are picking up momentum!

Ichimoku cloud is of green color and prices are in or below the green cloud Prices appear to be moving up

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 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 Rave Restaurant is picking up selling momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 2.08 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 positive

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