(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 2024-05-08 View latest technical analysis
10 day averaged volume of Rainbow is 13269
| Date | Daily Closing Price | Open | High | Low | Volume |
| 08 Wed May 2024 | 1354.00 | 1434.30 | 1448.00 | 1335.05 | 1.546 times |
| 07 Tue May 2024 | 1448.15 | 1571.35 | 1571.35 | 1440.30 | 1.951 times |
| 06 Mon May 2024 | 1582.65 | 1490.30 | 1649.00 | 1478.00 | 3.669 times |
| 03 Fri May 2024 | 1461.55 | 1387.45 | 1490.00 | 1387.45 | 1.361 times |
| 02 Thu May 2024 | 1386.25 | 1385.00 | 1431.00 | 1375.45 | 0.736 times |
| 30 Tue Apr 2024 | 1374.45 | 1375.05 | 1382.85 | 1365.70 | 0.178 times |
| 29 Mon Apr 2024 | 1360.65 | 1369.40 | 1369.40 | 1334.15 | 0.724 times |
| 26 Fri Apr 2024 | 1343.85 | 1323.30 | 1352.00 | 1322.15 | 0.68 times |
| 25 Thu Apr 2024 | 1316.95 | 1358.95 | 1358.95 | 1305.50 | 0.353 times |
| 24 Wed Apr 2024 | 1355.55 | 1365.65 | 1366.35 | 1351.90 | 0.121 times |
My analysis of stock is bearish for shortterm, and stock might move down till 1297.9 or till 1219. Use a stoploss of 1363.65 and if the stock hits stoploss, then it can shoot up till 1429.41
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 |
| Upside Target | 1391.60 |
| Upside Target | 1393.00 |
| Upside Target | 1401.15 |
| Upside Target | 1488.45 |
| Upside Target | 1490.00 |
| Upside Target | 1649.00 |
Intraday share price targets for Rainbow (Rainbow)
| Target Type | Value |
| Downside Intraday Target | 1243.03 |
| Downside Intraday Target | 1132.07 |
| Upside Intraday Target | 1556.98 |
| Upside Intraday Target | 1759.97 |
| Upside Intraday Target | 1446.02 |
Weekly technical analysis of Rainbow (Rainbow)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 08 Wed May 2024 | 1354.00 | 1490.30 | 1649.00 | 1335.05 | 2.389 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 down 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 |
| 08 Wed May 2024 | 1354.00 | 1385.00 | 1649.00 | 1335.05 | 0.953 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 down 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 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 Weak and stock is losing momentum.
MACD generated a BUY signal for Rainbow in short term and the buy signal is strong.
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. Bears are getting stronger in this stock.
Ichimoku cloud is of green color and prices are in or below the green cloud Prices appear to be coming down
CCI has generated a SELL signal for Rainbow in short term and SELL signal is strong!
RSI is generating a SELL signal in short term and selling is picking up momentum.
MRSI is in positive zone. This is a BUY zone
Although the stock is in the BUY zone, but buying 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 1458.37 and Rainbow (Rainbow) stock is trading below this level. This means that stock is falling with high volumes. VWAP is falling down
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 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 Weak and stock is losing momentum.
MACD generated a BUY signal for Rainbow in short term and the buy signal is strong.
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. Bears are getting stronger in this stock.
Ichimoku cloud is of green color and prices are in or below the green cloud Prices appear to be coming down
CCI has generated a SELL signal for Rainbow in short term and SELL signal is strong!
RSI is generating a SELL signal in short term and selling is picking up momentum.
MRSI is in positive zone. This is a BUY zone
Although the stock is in the BUY zone, but buying 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 1458.37 and Rainbow (Rainbow) stock is trading below this level. This means that stock is falling with high volumes. VWAP is falling down
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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