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(RainbowFoun) Rainbow Foun complete technical analysis [charts+indicators] | Buy/Sell Rainbow Foun | (RainbowFoun) share price targets

Complete technical analysis of Rainbow Foun (RainbowFoun) by charts plus indicators, forecast predictions and share price targets for Rainbow Foun (RainbowFoun)

10 day averaged volume of Rainbow Foun is 16882

Date	Daily Closing Price	Open	High	Low	Volume
30 Tue May 2023	11.57	10.65	11.60	10.05	0.151 times
29 Mon May 2023	11.60	11.99	11.99	11.01	0.143 times
26 Fri May 2023	11.00	11.99	11.99	10.22	0.1 times
25 Thu May 2023	11.40	11.58	11.58	11.40	0.068 times
24 Wed May 2023	11.33	10.71	11.99	10.71	0.65 times
23 Tue May 2023	11.15	10.01	11.24	10.01	0.185 times
22 Mon May 2023	10.52	10.81	12.10	10.40	0.636 times
19 Fri May 2023	11.08	12.35	12.35	10.96	0.818 times
18 Thu May 2023	11.46	10.00	12.00	10.00	6.945 times
17 Wed May 2023	10.00	10.89	10.89	9.82	0.187 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 11.3, but if it comes below 11.3, then a intra day sell could be more profitable.
If you take a sell trade below 11.3, then use 11.3 as stoploss and 10.59 as target. However if you take a buy trade in stock , then use 11.3 as stoploss and 12.2 as target.

Share price targets for Rainbow Foun (RainbowFoun)

Target Type	Value
Downside Target	7.60
Downside Target	8.00
Downside Target	8.60
Downside Target	9.01
Downside Target	9.50
Downside Target	9.75
Downside Target	9.99
Downside Target	10.60
Upside Target	11.64
Upside Target	11.99
Upside Target	12.35
Upside Target	12.66
Upside Target	13.42
Upside Target	13.65

Intraday share price targets for Rainbow Foun (RainbowFoun)

Target Type	Value
Downside Intraday Target	10.42
Downside Intraday Target	9.26
Upside Intraday Target	12.36
Upside Intraday Target	13.14
Downside Intraday Target	11.2

Weekly technical analysis of Rainbow Foun (RainbowFoun)

Date	Weekly Closing Price	Open	High	Low	Volume
30 Tue May 2023	11.57	11.99	11.99	10.05	0.179 times
26 Fri May 2023	11.00	10.81	12.10	10.01	0.195 times
19 Fri May 2023	11.08	10.39	12.35	9.75	1.64 times
12 Fri May 2023	9.60	9.60	12.66	9.01	2.625 times
05 Fri May 2023	9.80	9.20	9.99	8.60	2.102 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 Rainbow Foun (RainbowFoun)

Date	Monthly Closing Price	Open	High	Low	Volume
30 Tue May 2023	11.57	9.20	12.66	8.60	2.535 times
28 Fri Apr 2023	9.20	10.60	10.60	7.60	0.481 times
31 Fri Mar 2023	9.50	10.22	11.64	8.00	1.705 times
28 Tue Feb 2023	10.21	11.90	13.65	9.50	0.361 times

Scroll below to view daily charts

Price has moved up this month, and volume has increased substantially. This means that the move can continue in coming months.

Indicators analysis of Rainbow Foun (RainbowFoun)

Price action analysis of Rainbow Foun ( (RainbowFoun) ) based on a short term time period is negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this stock.

Price action analysis of Rainbow Foun ( (RainbowFoun) ) based on a short 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.

Price action analysis of Rainbow Foun ( (RainbowFoun) ) based on a short to mid term time period is negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this stock.

Price action analysis of Rainbow Foun ( (RainbowFoun) ) 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 Rainbow Foun stock for short term is SELL. Signal strength is Weak and stock is gaining momentum.

MACD generated a BUY signal for Rainbow Foun 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.

Rainbow Foun 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 stronger in this stock.

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 Rainbow Foun in short term and SELL signal is strong!

RSI is generating a SELL signal in short term but selling is losing 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 Rainbow Foun is picking up selling momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 11.32 and Rainbow Foun (RainbowFoun) 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 Rainbow Foun (RainbowFoun) stock. Volume based technical analysis of Rainbow Foun (RainbowFoun) stock is negative.

Rainbow Foun 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.