(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 2024-02-22 View latest technical analysis
10 day averaged volume of Rainbow is 8653
Date | Daily Closing Price | Open | High | Low | Volume |
22 Thu Feb 2024 | 1278.65 | 1275.00 | 1289.10 | 1253.70 | 0.574 times |
21 Wed Feb 2024 | 1276.10 | 1299.35 | 1299.35 | 1242.05 | 0.968 times |
20 Tue Feb 2024 | 1269.60 | 1270.00 | 1301.35 | 1253.35 | 0.31 times |
19 Mon Feb 2024 | 1256.55 | 1468.95 | 1468.95 | 1230.75 | 1.188 times |
16 Fri Feb 2024 | 1251.35 | 1260.15 | 1282.50 | 1229.60 | 0.609 times |
15 Thu Feb 2024 | 1269.20 | 1326.55 | 1339.45 | 1265.05 | 1.393 times |
14 Wed Feb 2024 | 1317.70 | 1282.70 | 1337.60 | 1258.75 | 1.554 times |
13 Tue Feb 2024 | 1276.45 | 1252.15 | 1280.00 | 1248.00 | 1.051 times |
12 Mon Feb 2024 | 1254.50 | 1240.45 | 1265.45 | 1205.00 | 0.353 times |
09 Fri Feb 2024 | 1239.25 | 1246.35 | 1253.10 | 1220.05 | 0.979 times |
My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 1276.9, but if it comes below 1276.9, then a intra day sell could be more profitable.
If you take a sell trade below 1276.9, then use 1276.9 as stoploss and 1243.37 as target. However if you take a buy trade in stock , then use 1276.9 as stoploss and 1317.1 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 | 1183.28 |
Downside Intraday Target | 1087.92 |
Upside Intraday Target | 1421.48 |
Upside Intraday Target | 1564.32 |
Upside Intraday Target | 1326.12 |
Weekly technical analysis of Rainbow (Rainbow)
Date | Weekly Closing Price | Open | High | Low | Volume |
22 Thu Feb 2024 | 1278.65 | 1468.95 | 1468.95 | 1230.75 | 0.613 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 |
22 Thu Feb 2024 | 1278.65 | 1222.50 | 1468.95 | 1171.75 | 0.647 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 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 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 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 gaining 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 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 moving up
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 but buying is losing 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 1273.08 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 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 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 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 gaining 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 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 moving up
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 but buying is losing 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 1273.08 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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