(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 2024-02-08 View latest technical analysis
10 day averaged volume of Rainbow is 6637
| Date | Daily Closing Price | Open | High | Low | Volume |
| 08 Thu Feb 2024 | 1245.30 | 1230.05 | 1273.00 | 1224.50 | 2.079 times |
| 07 Wed Feb 2024 | 1250.25 | 1250.05 | 1263.00 | 1215.05 | 1.933 times |
| 06 Tue Feb 2024 | 1226.70 | 1194.75 | 1230.00 | 1186.80 | 1.331 times |
| 05 Mon Feb 2024 | 1187.25 | 1177.10 | 1210.00 | 1171.75 | 1.274 times |
| 02 Fri Feb 2024 | 1182.65 | 1190.05 | 1192.70 | 1171.75 | 0.585 times |
| 01 Thu Feb 2024 | 1189.95 | 1222.50 | 1223.00 | 1177.85 | 0.575 times |
| 31 Wed Jan 2024 | 1216.95 | 1211.35 | 1234.40 | 1210.00 | 0.824 times |
| 30 Tue Jan 2024 | 1223.65 | 1221.15 | 1233.90 | 1206.05 | 0.572 times |
| 29 Mon Jan 2024 | 1238.25 | 1201.70 | 1243.30 | 1201.70 | 1.033 times |
| 25 Thu Jan 2024 | 1217.15 | 1202.75 | 1228.75 | 1202.75 | 0.895 times |
Stock of Rainbow (Rainbow) has showed a significant fall. This could be a good time to exit from this stock.
My analysis of stock is bullish for shortterm, and stock might move up till 1272.7 or till 1311.2. Use a stoploss of 1240.59 and if this stock hits its stoploss, then it can fall down till 1208.48
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 | 1251.50 |
| Upside Target | 1273.00 |
| 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 | 1187.03 |
| Downside Intraday Target | 1128.77 |
| Upside Intraday Target | 1288.28 |
| Upside Intraday Target | 1331.27 |
| Downside Intraday Target | 1230.02 |
Weekly technical analysis of Rainbow (Rainbow)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 08 Thu Feb 2024 | 1245.30 | 1177.10 | 1273.00 | 1171.75 | 1.844 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, and volume has increased substantially. This means that the move can continue in coming weeks.
Monthly technical analysis of Rainbow (Rainbow)
| Date | Monthly Closing Price | Open | High | Low | Volume |
| 08 Thu Feb 2024 | 1245.30 | 1222.50 | 1273.00 | 1171.75 | 0.258 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 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 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 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 ( (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 Strong and stock is gaining momentum.
MACD generated a SELL signal for Rainbow in short term but the sell signal is initial and weak.
MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.
Rainbow Stock is trading near its recent HIGHS, which reflects strong buying momentum in short term! 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 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 1224.96 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.
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 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 ( (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 Strong and stock is gaining momentum.
MACD generated a SELL signal for Rainbow in short term but the sell signal is initial and weak.
MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.
Rainbow Stock is trading near its recent HIGHS, which reflects strong buying momentum in short term! 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 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 1224.96 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.
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