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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 2024-10-16 View latest technical analysis

10 day averaged volume of Rave Restaurant is 43380

Date	Daily Closing Price	Open	High	Low	Volume
16 Wed Oct 2024	2.62	2.75	2.78	2.46	2.658 times
15 Tue Oct 2024	2.71	2.70	2.84	2.64	0.878 times
14 Mon Oct 2024	2.67	2.45	2.72	2.39	1.268 times
11 Fri Oct 2024	2.40	2.49	2.49	2.39	0.639 times
10 Thu Oct 2024	2.48	2.49	2.52	2.46	0.099 times
09 Wed Oct 2024	2.48	2.51	2.51	2.40	0.841 times
08 Tue Oct 2024	2.49	2.50	2.51	2.41	1.653 times
07 Mon Oct 2024	2.48	2.50	2.51	2.40	1.176 times
04 Fri Oct 2024	2.50	2.35	2.50	2.29	2.287 times
03 Thu Oct 2024	2.34	2.22	2.42	2.22	0.717 times

Stock of Rave Restaurant (RAVE) has showed a significant fall. This could be a good time to exit from this stock.

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 2.6, but if it comes below 2.6, then a intra day sell could be more profitable.
If you take a sell trade below 2.6, then use 2.6 as stoploss and 2.23 as target. However if you take a buy trade in stock , then use 2.6 as stoploss and 2.9 as target.

Share price targets for Rave Restaurant (RAVE)

Target Type	Value
Downside Target	1.70
Downside Target	1.78
Downside Target	1.85
Downside Target	1.96
Downside Target	2.12
Downside Target	2.38
Downside Target	2.39
Downside Target	2.50
Downside Target	2.52
Upside Target	2.84

Intraday share price targets for Rave Restaurant (RAVE)

Target Type	Value
Downside Intraday Target	2.39
Downside Intraday Target	2.17
Upside Intraday Target	2.84
Upside Intraday Target	3.07
Downside Intraday Target	2.62

Weekly technical analysis of Rave Restaurant (RAVE)

Date	Weekly Closing Price	Open	High	Low	Volume
16 Wed Oct 2024	2.62	2.45	2.84	2.39	1.09 times
11 Fri Oct 2024	2.40	2.50	2.52	2.39	0.622 times
04 Fri Oct 2024	2.50	2.06	2.50	2.00	0.646 times
27 Fri Sep 2024	2.06	1.77	2.38	1.71	2.516 times
20 Fri Sep 2024	1.79	1.77	1.96	1.71	1.456 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
16 Wed Oct 2024	2.62	2.03	2.84	2.00	0.711 times
30 Mon Sep 2024	2.03	1.81	2.38	1.70	3.421 times
30 Fri Aug 2024	1.83	1.84	1.85	1.74	0.724 times
31 Wed Jul 2024	1.84	1.97	1.97	1.80	0.687 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 Rave Restaurant (RAVE)

Price action analysis of Rave Restaurant ( (RAVE) ) 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 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 BUY. Signal strength is Weak and stock is losing momentum.

MACD generated a BUY signal for Rave Restaurant 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.

Rave Restaurant Stock is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting tired and bears are picking up momentum.

Ichimoku cloud is of green color and prices are above the green cloud Prices appear to be coming down

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

RSI is generating a BUY signal in short term but buying is losing momentum.

MRSI is in positive zone. This is a BUY zone

Although the stock is in the BUY zone, but buying 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 2.54 and Rave Restaurant (RAVE) 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 Rave Restaurant (RAVE) stock. Volume based technical analysis of Rave Restaurant (RAVE) stock is negative.

Rave Restaurant 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.