(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 2024-04-10 View latest technical analysis
10 day averaged volume of Rainbow is 8563
| Date | Daily Closing Price | Open | High | Low | Volume |
| 10 Wed Apr 2024 | 1338.35 | 1357.10 | 1359.70 | 1324.10 | 0.869 times |
| 09 Tue Apr 2024 | 1357.10 | 1389.00 | 1389.00 | 1340.00 | 0.623 times |
| 08 Mon Apr 2024 | 1376.30 | 1370.00 | 1391.60 | 1358.40 | 0.881 times |
| 05 Fri Apr 2024 | 1350.30 | 1361.65 | 1383.45 | 1341.80 | 0.391 times |
| 04 Thu Apr 2024 | 1355.40 | 1359.30 | 1393.00 | 1336.60 | 1.366 times |
| 03 Wed Apr 2024 | 1335.20 | 1360.15 | 1362.10 | 1322.60 | 1.641 times |
| 02 Tue Apr 2024 | 1360.85 | 1374.35 | 1386.75 | 1340.45 | 0.75 times |
| 01 Mon Apr 2024 | 1350.60 | 1298.55 | 1362.55 | 1298.55 | 1.994 times |
| 28 Thu Mar 2024 | 1298.00 | 1259.30 | 1324.00 | 1245.80 | 0.669 times |
| 27 Wed Mar 2024 | 1247.90 | 1264.95 | 1266.45 | 1236.65 | 0.225 times |
My analysis of stock is bullish for shortterm, but stock is in semi over bought zones and there are some chances of seeing a fall tomorrow. Use 1354.6 as stoploss in an intra day sell trade for a target of 1255.96. However, stock will show a bullish move above 1354.6.
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 | 1324.00 |
| Downside Target | 1324.10 |
| Downside Target | 1328.55 |
| Upside Target | 1391.60 |
| Upside Target | 1393.00 |
| Upside Target | 1401.15 |
| Upside Target | 1488.45 |
Intraday share price targets for Rainbow (Rainbow)
| Target Type | Value |
| Downside Intraday Target | 1311.1 |
| Downside Intraday Target | 1283.85 |
| Upside Intraday Target | 1378.6 |
| Upside Intraday Target | 1418.85 |
| Upside Intraday Target | 1351.35 |
Weekly technical analysis of Rainbow (Rainbow)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 10 Wed Apr 2024 | 1338.35 | 1370.00 | 1391.60 | 1324.10 | 0.386 times |
| 05 Fri Apr 2024 | 1350.30 | 1298.55 | 1393.00 | 1298.55 | 2.608 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 |
Price has moved down 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 |
| 10 Wed Apr 2024 | 1338.35 | 1298.55 | 1393.00 | 1298.55 | 0.265 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 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 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.
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 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 and the buying is gaining momentum.
MRSI is in negative zone. This is the SELL zone
Although the stock is in the SELL zone, but selling 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 1344.92 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 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 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.
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 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 and the buying is gaining momentum.
MRSI is in negative zone. This is the SELL zone
Although the stock is in the SELL zone, but selling 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 1344.92 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.
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