(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 2024-02-29 View latest technical analysis
10 day averaged volume of Rainbow is 10274
| Date | Daily Closing Price | Open | High | Low | Volume |
| 29 Thu Feb 2024 | 1356.25 | 1426.05 | 1427.95 | 1340.00 | 8.26 times |
| 28 Wed Feb 2024 | 1441.50 | 1299.95 | 1488.45 | 1294.70 | 5.028 times |
| 27 Tue Feb 2024 | 1284.55 | 1293.40 | 1294.65 | 1273.30 | 0.088 times |
| 26 Mon Feb 2024 | 1290.40 | 1299.55 | 1304.45 | 1270.80 | 0.536 times |
| 23 Fri Feb 2024 | 1282.60 | 1299.45 | 1299.45 | 1260.05 | 0.102 times |
| 22 Thu Feb 2024 | 1278.65 | 1275.00 | 1289.10 | 1253.70 | 0.484 times |
| 21 Wed Feb 2024 | 1276.10 | 1299.35 | 1299.35 | 1242.05 | 0.815 times |
| 20 Tue Feb 2024 | 1269.60 | 1270.00 | 1301.35 | 1253.35 | 0.261 times |
| 19 Mon Feb 2024 | 1256.55 | 1468.95 | 1468.95 | 1230.75 | 1.001 times |
| 16 Fri Feb 2024 | 1251.35 | 1260.15 | 1282.50 | 1229.60 | 0.513 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, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 1326.2, but if it comes below 1326.2, then a intra day sell could be more profitable.
If you take a sell trade below 1326.2, then use 1326.2 as stoploss and 1271.84 as target. However if you take a buy trade in stock , then use 1326.2 as stoploss and 1391.4 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 | 1270.80 |
| Downside Target | 1273.00 |
| Downside Target | 1328.55 |
| Downside Target | 1339.45 |
| Upside Target | 1468.95 |
| Upside Target | 1488.45 |
Intraday share price targets for Rainbow (Rainbow)
| Target Type | Value |
| Downside Intraday Target | 1255.22 |
| Downside Intraday Target | 1154.18 |
| Upside Intraday Target | 1472.87 |
| Upside Intraday Target | 1589.48 |
| Upside Intraday Target | 1371.83 |
Weekly technical analysis of Rainbow (Rainbow)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 29 Thu Feb 2024 | 1356.25 | 1299.55 | 1488.45 | 1270.80 | 5.226 times |
| 23 Fri Feb 2024 | 1282.60 | 1468.95 | 1468.95 | 1230.75 | 0.637 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 |
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 |
| 29 Thu Feb 2024 | 1356.25 | 1222.50 | 1488.45 | 1171.75 | 1.368 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 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 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 in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. 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 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
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 1362.13 and Rainbow (Rainbow) stock is trading below this level. This means that stock is falling with high volumes. 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 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 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 in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. 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 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
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 1362.13 and Rainbow (Rainbow) stock is trading below this level. This means that stock is falling with high volumes. 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.
Click here for further forecast and predictions for tomorrow