(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 2024-02-05 View latest technical analysis
10 day averaged volume of Rainbow is 4818
| Date | Daily Closing Price | Open | High | Low | Volume |
| 05 Mon Feb 2024 | 1187.25 | 1177.10 | 1210.00 | 1171.75 | 1.755 times |
| 02 Fri Feb 2024 | 1182.65 | 1190.05 | 1192.70 | 1171.75 | 0.806 times |
| 01 Thu Feb 2024 | 1189.95 | 1222.50 | 1223.00 | 1177.85 | 0.791 times |
| 31 Wed Jan 2024 | 1216.95 | 1211.35 | 1234.40 | 1210.00 | 1.136 times |
| 30 Tue Jan 2024 | 1223.65 | 1221.15 | 1233.90 | 1206.05 | 0.789 times |
| 29 Mon Jan 2024 | 1238.25 | 1201.70 | 1243.30 | 1201.70 | 1.423 times |
| 25 Thu Jan 2024 | 1217.15 | 1202.75 | 1228.75 | 1202.75 | 1.233 times |
| 24 Wed Jan 2024 | 1223.40 | 1236.90 | 1251.85 | 1212.35 | 1.346 times |
| 23 Tue Jan 2024 | 1242.60 | 1251.25 | 1256.00 | 1209.45 | 0.858 times |
| 22 Mon Jan 2024 | 1255.30 | 1250.00 | 1296.30 | 1242.00 | 1.242 times |
My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 1210.8, but if it comes above 1210.8, then a intra day buy could be more profitable.
If you take a sell trade below 1210.8, then use 1210.8 as stoploss and 1163.8 as target. However if you take a buy trade in stock , then use 1210.8 as stoploss and 1249.92 as target.
Share price targets for Rainbow (Rainbow)
| Target Type | Value |
| Downside Target | 993.70 |
| Downside Target | 1022.20 |
| Downside Target | 1073.30 |
| Downside Target | 1145.05 |
| Downside Target | 1171.75 |
| Upside Target | 1229.45 |
| Upside Target | 1243.30 |
| Upside Target | 1251.50 |
| 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 | 1169.33 |
| Downside Intraday Target | 1151.42 |
| Upside Intraday Target | 1207.58 |
| Upside Intraday Target | 1227.92 |
| Upside Intraday Target | 1189.67 |
Weekly technical analysis of Rainbow (Rainbow)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 05 Mon Feb 2024 | 1187.25 | 1177.10 | 1210.00 | 1171.75 | 0.355 times |
| 02 Fri Feb 2024 | 1182.65 | 1201.70 | 1243.30 | 1171.75 | 1.057 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 |
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 (Rainbow)
| Date | Monthly Closing Price | Open | High | Low | Volume |
| 05 Mon Feb 2024 | 1187.25 | 1222.50 | 1223.00 | 1171.75 | 0.081 times |
| 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 |
Scroll below to view daily charts
Price has moved down 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 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 SELL. Signal strength is Weak and stock is losing 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 moving up
CCI has generated a buy signal for Rainbow in short term but BUY signal is weak.
RSI is generating a BUY signal in short term but buying 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 is picking up selling momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 1218.1 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 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 SELL. Signal strength is Weak and stock is losing 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 moving up
CCI has generated a buy signal for Rainbow in short term but BUY signal is weak.
RSI is generating a BUY signal in short term but buying 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 is picking up selling momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 1218.1 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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