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(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 2024-05-06 View latest technical analysis

10 day averaged volume of Rainbow is 6580

Date Daily Closing Price Open High Low Volume
06 Mon May 2024 1582.65 1490.30 1649.00 1478.00 7.399 times
03 Fri May 2024 1461.55 1387.45 1490.00 1387.45 2.744 times
02 Thu May 2024 1386.25 1385.00 1431.00 1375.45 1.485 times
30 Tue Apr 2024 1374.45 1375.05 1382.85 1365.70 0.36 times
29 Mon Apr 2024 1360.65 1369.40 1369.40 1334.15 1.459 times
26 Fri Apr 2024 1343.85 1323.30 1352.00 1322.15 1.371 times
25 Thu Apr 2024 1316.95 1358.95 1358.95 1305.50 0.712 times
24 Wed Apr 2024 1355.55 1365.65 1366.35 1351.90 0.245 times
23 Tue Apr 2024 1343.40 1276.20 1349.95 1276.20 0.457 times
22 Mon Apr 2024 1296.90 1297.45 1310.35 1290.95 0.633 times

Stock of Rainbow (Rainbow) has showed a significant upmove. This could be a good time to enter in this stock!

Although my analysis for stock is bullish for shortterm, but stock is over bought and there are high chances of some profit booking tomorrow. You might want to sell the stock tomorrow in intra day with a stoploss of 1497.1, for a target of 1421.7 or 1358.83

Share price targets for Rainbow (Rainbow)

Target Type Value
Downside Target 1092.00
Downside Target 1171.75
Downside Target 1250.05
Downside Target 1276.20
Downside Target 1324.10
Downside Target 1393.00
Downside Target 1401.15
Downside Target 1478.00
Downside Target 1488.45
Downside Target 1490.00
Upside Target 1649.00

Intraday share price targets for Rainbow (Rainbow)

Target Type Value
Downside Intraday Target 1490.77
Downside Intraday Target 1398.88
Upside Intraday Target 1661.77
Upside Intraday Target 1740.88
Downside Intraday Target 1569.88

Weekly technical analysis of Rainbow (Rainbow)

Date Weekly Closing Price Open High Low Volume
06 Mon May 2024 1582.65 1490.30 1649.00 1478.00 1.223 times
03 Fri May 2024 1461.55 1369.40 1490.00 1334.15 1.77 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

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
06 Mon May 2024 1582.65 1385.00 1649.00 1375.45 0.593 times
30 Tue Apr 2024 1374.45 1298.55 1393.00 1250.05 0.468 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

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 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 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 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 1470.87 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 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 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 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 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 1470.87 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.

Click here for Rainbow charts

Click here for further forecast and predictions for tomorrow

Daily charts

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