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

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

Showing technical analysis as on 2024-01-15 View latest technical analysis

10 day averaged volume of Rainbow is 14350

Date	Daily Closing Price	Open	High	Low	Volume
15 Mon Jan 2024	1278.50	1270.20	1320.75	1268.65	0.294 times
12 Fri Jan 2024	1280.85	1308.95	1309.65	1270.60	0.348 times
11 Thu Jan 2024	1293.10	1314.85	1323.15	1282.00	0.419 times
10 Wed Jan 2024	1316.25	1273.20	1328.50	1258.20	0.958 times
09 Tue Jan 2024	1303.50	1293.35	1328.55	1269.45	0.486 times
08 Mon Jan 2024	1289.10	1253.20	1295.65	1251.50	1.368 times
05 Fri Jan 2024	1253.35	1230.00	1256.75	1227.40	0.656 times
04 Thu Jan 2024	1223.00	1202.40	1247.90	1194.65	1.125 times
03 Wed Jan 2024	1202.30	1219.25	1219.25	1191.85	0.154 times
02 Tue Jan 2024	1204.35	1234.20	1234.20	1197.05	0.404 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 1276.5, but if it comes below 1276.5, then a intra day sell could be more profitable.
If you take a sell trade below 1276.5, then use 1276.5 as stoploss and 1207.52 as target. However if you take a buy trade in stock , then use 1276.5 as stoploss and 1359.2 as target.

Share price targets for Rainbow (Rainbow)

Target Type	Value
Downside Target	993.70
Downside Target	1073.30
Downside Target	1112.65
Downside Target	1145.05
Downside Target	1171.10
Downside Target	1215.00
Downside Target	1251.50
Downside Target	1256.75
Downside Target	1268.65
Upside Target	1320.75
Upside Target	1328.55

Intraday share price targets for Rainbow (Rainbow)

Target Type	Value
Downside Intraday Target	1257.85
Downside Intraday Target	1237.2
Upside Intraday Target	1309.95
Upside Intraday Target	1341.4
Upside Intraday Target	1289.3

Weekly technical analysis of Rainbow (Rainbow)

Date	Weekly Closing Price	Open	High	Low	Volume
15 Mon Jan 2024	1278.50	1270.20	1320.75	1268.65	0.082 times
12 Fri Jan 2024	1280.85	1253.20	1328.55	1251.50	0.557 times
05 Fri Jan 2024	1253.35	1193.05	1256.75	1182.60	1.744 times
29 Fri Dec 2023	1193.15	1118.25	1215.00	1112.65	1.313 times
22 Fri Dec 2023	1114.60	1136.35	1171.10	1080.00	0.637 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 Rainbow (Rainbow)

Date	Monthly Closing Price	Open	High	Low	Volume
15 Mon Jan 2024	1278.50	1193.05	1328.55	1182.60	0.626 times
29 Fri Dec 2023	1193.15	1073.30	1215.00	1073.30	1.494 times
30 Thu Nov 2023	1073.30	1067.20	1175.95	993.70	0.965 times
31 Tue Oct 2023	1064.00	1032.05	1145.05	1022.20	0.881 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 Rainbow (Rainbow)

Price action analysis of Rainbow ( (Rainbow) ) 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 Rainbow ( (Rainbow) ) 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 Rainbow ( (Rainbow) ) 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 Rainbow ( (Rainbow) ) 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 stock for short term is BUY. Signal strength is Strong and stock is gaining momentum.

MACD generated a BUY signal for Rainbow in short term and the buy signal is strong.

Rainbow 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 green color and prices are above the green cloud Prices appear to be coming down

CCI has generated a buy signal for Rainbow 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 Rainbow is picking up buying momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 1270.31 and Rainbow (Rainbow) 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 (Rainbow) stock. Volume based technical analysis of Rainbow (Rainbow) stock is negative.

Rainbow 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.