(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 2024-02-21 View latest technical analysis
10 day averaged volume of Rainbow is 9099
| Date | Daily Closing Price | Open | High | Low | Volume |
| 21 Wed Feb 2024 | 1276.10 | 1299.35 | 1299.35 | 1242.05 | 0.92 times |
| 20 Tue Feb 2024 | 1269.60 | 1270.00 | 1301.35 | 1253.35 | 0.295 times |
| 19 Mon Feb 2024 | 1256.55 | 1468.95 | 1468.95 | 1230.75 | 1.13 times |
| 16 Fri Feb 2024 | 1251.35 | 1260.15 | 1282.50 | 1229.60 | 0.579 times |
| 15 Thu Feb 2024 | 1269.20 | 1326.55 | 1339.45 | 1265.05 | 1.325 times |
| 14 Wed Feb 2024 | 1317.70 | 1282.70 | 1337.60 | 1258.75 | 1.478 times |
| 13 Tue Feb 2024 | 1276.45 | 1252.15 | 1280.00 | 1248.00 | 0.999 times |
| 12 Mon Feb 2024 | 1254.50 | 1240.45 | 1265.45 | 1205.00 | 0.335 times |
| 09 Fri Feb 2024 | 1239.25 | 1246.35 | 1253.10 | 1220.05 | 0.931 times |
| 08 Thu Feb 2024 | 1245.30 | 1230.05 | 1273.00 | 1224.50 | 1.516 times |
My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 1273.4, but if it comes below 1273.4, then a intra day sell could be more profitable.
If you take a sell trade below 1273.4, then use 1273.4 as stoploss and 1240.61 as target. However if you take a buy trade in stock , then use 1273.4 as stoploss and 1312.7 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 |
| Downside Target | 1243.30 |
| Downside Target | 1273.00 |
| Upside Target | 1296.30 |
| Upside Target | 1328.55 |
| Upside Target | 1339.45 |
| Upside Target | 1468.95 |
Intraday share price targets for Rainbow (Rainbow)
| Target Type | Value |
| Downside Intraday Target | 1181.58 |
| Downside Intraday Target | 1087.07 |
| Upside Intraday Target | 1419.78 |
| Upside Intraday Target | 1563.47 |
| Upside Intraday Target | 1325.27 |
Weekly technical analysis of Rainbow (Rainbow)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 21 Wed Feb 2024 | 1276.10 | 1468.95 | 1468.95 | 1230.75 | 0.497 times |
| 16 Fri Feb 2024 | 1251.35 | 1240.45 | 1339.45 | 1205.00 | 0.819 times |
| 09 Fri Feb 2024 | 1239.25 | 1177.10 | 1273.00 | 1171.75 | 2.2 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 |
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 |
| 21 Wed Feb 2024 | 1276.10 | 1222.50 | 1468.95 | 1171.75 | 0.622 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 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 negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this 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 losing momentum.
MACD generated a BUY signal for Rainbow in short term and the buy signal is strong.
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 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 SELL signal for Rainbow in short term but SELL signal is weak.
RSI is generating a BUY signal in short term but buying is losing 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 1268.33 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 negative.
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 negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this 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 losing momentum.
MACD generated a BUY signal for Rainbow in short term and the buy signal is strong.
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 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 SELL signal for Rainbow in short term but SELL signal is weak.
RSI is generating a BUY signal in short term but buying is losing 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 1268.33 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 negative.
Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.
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