(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 2024-01-31 View latest technical analysis
10 day averaged volume of Rainbow is 4658
| Date | Daily Closing Price | Open | High | Low | Volume |
| 31 Wed Jan 2024 | 1216.95 | 1211.35 | 1234.40 | 1210.00 | 1.175 times |
| 30 Tue Jan 2024 | 1223.65 | 1221.15 | 1233.90 | 1206.05 | 0.816 times |
| 29 Mon Jan 2024 | 1238.25 | 1201.70 | 1243.30 | 1201.70 | 1.472 times |
| 25 Thu Jan 2024 | 1217.15 | 1202.75 | 1228.75 | 1202.75 | 1.275 times |
| 24 Wed Jan 2024 | 1223.40 | 1236.90 | 1251.85 | 1212.35 | 1.392 times |
| 23 Tue Jan 2024 | 1242.60 | 1251.25 | 1256.00 | 1209.45 | 0.888 times |
| 22 Mon Jan 2024 | 1255.30 | 1250.00 | 1296.30 | 1242.00 | 1.284 times |
| 19 Fri Jan 2024 | 1263.40 | 1296.15 | 1299.10 | 1256.00 | 0.391 times |
| 18 Thu Jan 2024 | 1283.60 | 1259.35 | 1292.15 | 1245.80 | 1.1 times |
| 17 Wed Jan 2024 | 1234.65 | 1258.00 | 1280.00 | 1229.45 | 0.563 times |
My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 1223.6, but if it comes above 1223.6, then a intra day buy could be more profitable.
If you take a sell trade below 1223.6, then use 1223.6 as stoploss and 1184.8 as target. However if you take a buy trade in stock , then use 1223.6 as stoploss and 1255.86 as target.
Share price targets for Rainbow (Rainbow)
| Target Type | Value |
| Downside Target | 993.70 |
| Downside Target | 1073.30 |
| Downside Target | 1145.05 |
| Downside Target | 1175.95 |
| Upside Target | 1229.45 |
| Upside Target | 1243.30 |
| 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 | 1198 |
| Downside Intraday Target | 1179.05 |
| Upside Intraday Target | 1239.6 |
| Upside Intraday Target | 1262.25 |
| Upside Intraday Target | 1220.65 |
Weekly technical analysis of Rainbow (Rainbow)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 31 Wed Jan 2024 | 1216.95 | 1201.70 | 1243.30 | 1201.70 | 0.715 times |
| 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 |
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 |
| 31 Wed Jan 2024 | 1216.95 | 1193.05 | 1328.55 | 1182.60 | 0.847 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 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 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 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 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 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 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 negative zone. This is the SELL zone
Although the stock is in the SELL zone, but selling 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 1238.15 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 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 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 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 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 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 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 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 negative zone. This is the SELL zone
Although the stock is in the SELL zone, but selling 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 1238.15 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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