(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 2024-04-03 View latest technical analysis
10 day averaged volume of Rainbow is 13410
| Date | Daily Closing Price | Open | High | Low | Volume |
| 03 Wed Apr 2024 | 1335.20 | 1360.15 | 1362.10 | 1322.60 | 1.048 times |
| 02 Tue Apr 2024 | 1360.85 | 1374.35 | 1386.75 | 1340.45 | 0.479 times |
| 01 Mon Apr 2024 | 1350.60 | 1298.55 | 1362.55 | 1298.55 | 1.273 times |
| 28 Thu Mar 2024 | 1298.00 | 1259.30 | 1324.00 | 1245.80 | 0.427 times |
| 27 Wed Mar 2024 | 1247.90 | 1264.95 | 1266.45 | 1236.65 | 0.144 times |
| 26 Tue Mar 2024 | 1257.55 | 1239.75 | 1285.00 | 1207.35 | 0.932 times |
| 22 Fri Mar 2024 | 1251.25 | 1250.95 | 1272.75 | 1222.00 | 0.884 times |
| 21 Thu Mar 2024 | 1240.25 | 1277.00 | 1278.70 | 1223.45 | 1.448 times |
| 20 Wed Mar 2024 | 1279.45 | 1198.55 | 1317.90 | 1175.40 | 2.479 times |
| 19 Tue Mar 2024 | 1178.45 | 1130.10 | 1203.15 | 1127.15 | 1.238 times |
My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 1291.5, but if it comes below 1291.5, then a intra day sell could be more profitable.
If you take a sell trade below 1291.5, then use 1291.5 as stoploss and 1204.2 as target. However if you take a buy trade in stock , then use 1291.5 as stoploss and 1396.2 as target.
Share price targets for Rainbow (Rainbow)
| Target Type | Value |
| Downside Target | 1073.30 |
| Downside Target | 1160.00 |
| Downside Target | 1207.35 |
| Downside Target | 1298.55 |
| Downside Target | 1301.70 |
| Downside Target | 1317.90 |
| Downside Target | 1324.00 |
| Downside Target | 1328.55 |
| Upside Target | 1386.75 |
| Upside Target | 1401.15 |
| Upside Target | 1488.45 |
Intraday share price targets for Rainbow (Rainbow)
| Target Type | Value |
| Downside Intraday Target | 1293.58 |
| Downside Intraday Target | 1251.97 |
| Upside Intraday Target | 1381.78 |
| Upside Intraday Target | 1428.37 |
| Upside Intraday Target | 1340.17 |
Weekly technical analysis of Rainbow (Rainbow)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 03 Wed Apr 2024 | 1335.20 | 1298.55 | 1386.75 | 1298.55 | 1.862 times |
| 28 Thu Mar 2024 | 1298.00 | 1239.75 | 1324.00 | 1207.35 | 0.223 times |
| 22 Fri Mar 2024 | 1251.25 | 1110.30 | 1317.90 | 1106.50 | 2.048 times |
| 15 Fri Mar 2024 | 1106.50 | 1131.50 | 1160.00 | 1092.00 | 0.422 times |
| 07 Thu Mar 2024 | 1132.10 | 1280.35 | 1301.70 | 1114.80 | 0.659 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 |
| 03 Wed Apr 2024 | 1335.20 | 1298.55 | 1386.75 | 1298.55 | 0.136 times |
| 28 Thu Mar 2024 | 1298.00 | 1330.15 | 1401.15 | 1092.00 | 1.007 times |
| 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 |
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 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 HIGHS, which reflects strong buying momentum in short term! Bulls are getting tired and bears are picking up momentum.
Ichimoku cloud is of red color and prices are in or above the red 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 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 1275.99 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 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 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 HIGHS, which reflects strong buying momentum in short term! Bulls are getting tired and bears are picking up momentum.
Ichimoku cloud is of red color and prices are in or above the red 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 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 1275.99 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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