(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 2024-04-29 View latest technical analysis
10 day averaged volume of Rainbow is 4404
| Date | Daily Closing Price | Open | High | Low | Volume |
| 29 Mon Apr 2024 | 1360.65 | 1369.40 | 1369.40 | 1334.15 | 2.181 times |
| 26 Fri Apr 2024 | 1343.85 | 1323.30 | 1352.00 | 1322.15 | 2.048 times |
| 25 Thu Apr 2024 | 1316.95 | 1358.95 | 1358.95 | 1305.50 | 1.064 times |
| 24 Wed Apr 2024 | 1355.55 | 1365.65 | 1366.35 | 1351.90 | 0.366 times |
| 23 Tue Apr 2024 | 1343.40 | 1276.20 | 1349.95 | 1276.20 | 0.682 times |
| 22 Mon Apr 2024 | 1296.90 | 1297.45 | 1310.35 | 1290.95 | 0.946 times |
| 19 Fri Apr 2024 | 1303.30 | 1297.60 | 1312.05 | 1294.35 | 0.799 times |
| 18 Thu Apr 2024 | 1299.30 | 1315.00 | 1319.35 | 1287.50 | 1.252 times |
| 16 Tue Apr 2024 | 1313.35 | 1309.60 | 1320.00 | 1306.60 | 0.383 times |
| 15 Mon Apr 2024 | 1320.10 | 1250.05 | 1343.45 | 1250.05 | 1.899 times |
Stock of Rainbow (Rainbow) has showed a significant upmove. This could be a good time to enter in 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 1359.4, but if it comes below 1359.4, then a intra day sell could be more profitable.
If you take a sell trade below 1359.4, then use 1359.4 as stoploss and 1335.82 as target. However if you take a buy trade in stock , then use 1359.4 as stoploss and 1387.7 as target.
Share price targets for Rainbow (Rainbow)
| Target Type | Value |
| Downside Target | 1073.30 |
| Downside Target | 1171.75 |
| Downside Target | 1215.00 |
| Downside Target | 1250.05 |
| Downside Target | 1276.20 |
| Upside Target | 1366.35 |
| Upside Target | 1369.40 |
| 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 | 1340.07 |
| Downside Intraday Target | 1319.48 |
| Upside Intraday Target | 1375.32 |
| Upside Intraday Target | 1389.98 |
| Downside Intraday Target | 1354.73 |
Weekly technical analysis of Rainbow (Rainbow)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 29 Mon Apr 2024 | 1360.65 | 1369.40 | 1369.40 | 1334.15 | 0.427 times |
| 26 Fri Apr 2024 | 1343.85 | 1297.45 | 1366.35 | 1276.20 | 1.178 times |
| 19 Fri Apr 2024 | 1303.30 | 1250.05 | 1343.45 | 1250.05 | 0.837 times |
| 12 Fri Apr 2024 | 1340.90 | 1370.00 | 1391.60 | 1324.10 | 0.434 times |
| 05 Fri Apr 2024 | 1350.30 | 1298.55 | 1393.00 | 1298.55 | 2.608 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 |
| 29 Mon Apr 2024 | 1360.65 | 1298.55 | 1393.00 | 1250.05 | 0.46 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 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 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 negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this 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 Weak and stock is losing momentum.
MACD generated a SELL signal for Rainbow in short term but the sell signal is initial and weak.
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 stronger in this stock.
Ichimoku cloud is of green color and prices are above 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 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 1328.58 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 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 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 negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this 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 Weak and stock is losing momentum.
MACD generated a SELL signal for Rainbow in short term but the sell signal is initial and weak.
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 stronger in this stock.
Ichimoku cloud is of green color and prices are above 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 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 1328.58 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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