(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 2024-01-25 View latest technical analysis
10 day averaged volume of Rainbow is 4521
| Date | Daily Closing Price | Open | High | Low | Volume |
| 25 Thu Jan 2024 | 1217.15 | 1202.75 | 1228.75 | 1202.75 | 1.314 times |
| 24 Wed Jan 2024 | 1223.40 | 1236.90 | 1251.85 | 1212.35 | 1.434 times |
| 23 Tue Jan 2024 | 1242.60 | 1251.25 | 1256.00 | 1209.45 | 0.915 times |
| 22 Mon Jan 2024 | 1255.30 | 1250.00 | 1296.30 | 1242.00 | 1.323 times |
| 19 Fri Jan 2024 | 1263.40 | 1296.15 | 1299.10 | 1256.00 | 0.402 times |
| 18 Thu Jan 2024 | 1283.60 | 1259.35 | 1292.15 | 1245.80 | 1.133 times |
| 17 Wed Jan 2024 | 1234.65 | 1258.00 | 1280.00 | 1229.45 | 0.58 times |
| 16 Tue Jan 2024 | 1278.20 | 1278.15 | 1296.25 | 1268.20 | 0.845 times |
| 15 Mon Jan 2024 | 1278.50 | 1270.20 | 1320.75 | 1268.65 | 0.932 times |
| 12 Fri Jan 2024 | 1280.85 | 1308.95 | 1309.65 | 1270.60 | 1.106 times |
My analysis of stock is bearish for shortterm, but stock is semi over sold and there are some chances of seeing a recovery tomorrow. Use 1216.9 as stoploss in an intra day buy trade for a target of 1252.78. However, stock will show a bearish move below 1216.9.
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 | 1175.95 |
| Upside Target | 1229.45 |
| Upside Target | 1251.50 |
| Upside Target | 1256.75 |
| Upside Target | 1296.30 |
| Upside Target | 1320.75 |
| Upside Target | 1328.55 |
Intraday share price targets for Rainbow (Rainbow)
| Target Type | Value |
| Downside Intraday Target | 1181.17 |
| Downside Intraday Target | 1145.18 |
| Upside Intraday Target | 1274.72 |
| Upside Intraday Target | 1332.28 |
| Upside Intraday Target | 1238.73 |
Weekly technical analysis of Rainbow (Rainbow)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 25 Thu Jan 2024 | 1217.15 | 1250.00 | 1296.30 | 1202.75 | 1.281 times |
| 19 Fri Jan 2024 | 1263.40 | 1270.20 | 1320.75 | 1229.45 | 0.343 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 |
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 |
| 25 Thu Jan 2024 | 1217.15 | 1193.05 | 1328.55 | 1182.60 | 0.779 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 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 Rainbow ( (Rainbow) ) 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 Rainbow ( (Rainbow) ) based on a short to mid term time period is negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small
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 SELL. Signal strength is Weak and stock is gaining momentum.
MACD generated a SELL signal for Rainbow in short term but the sell signal is initial and weak.
Rainbow 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 green color and prices are in or below the green cloud Prices appear to be coming down
CCI has generated a SELL signal for Rainbow in short term and SELL 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
Although the stock is in the BUY zone, but buying might be slowing down
Stock of Rainbow is picking up selling momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 1253.81 and Rainbow (Rainbow) 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 Rainbow (Rainbow) stock. Volume based technical analysis of Rainbow (Rainbow) stock is negative.
Rainbow 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.
Price action analysis of Rainbow ( (Rainbow) ) 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 Rainbow ( (Rainbow) ) 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 Rainbow ( (Rainbow) ) based on a short to mid term time period is negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small
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 SELL. Signal strength is Weak and stock is gaining momentum.
MACD generated a SELL signal for Rainbow in short term but the sell signal is initial and weak.
Rainbow 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 green color and prices are in or below the green cloud Prices appear to be coming down
CCI has generated a SELL signal for Rainbow in short term and SELL 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
Although the stock is in the BUY zone, but buying might be slowing down
Stock of Rainbow is picking up selling momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 1253.81 and Rainbow (Rainbow) 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 Rainbow (Rainbow) stock. Volume based technical analysis of Rainbow (Rainbow) stock is negative.
Rainbow 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.
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