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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 2024-06-21 View latest technical analysis

10 day averaged volume of Rainbow is 7944

Date Daily Closing Price Open High Low Volume
21 Fri Jun 2024 1298.25 1309.90 1311.60 1281.75 0.521 times
20 Thu Jun 2024 1293.55 1315.00 1315.00 1280.85 0.964 times
19 Wed Jun 2024 1299.75 1320.00 1336.95 1294.60 0.718 times
18 Tue Jun 2024 1320.40 1311.00 1325.95 1310.00 1.724 times
14 Fri Jun 2024 1308.65 1341.85 1359.95 1299.00 1.566 times
13 Thu Jun 2024 1308.65 1341.85 1359.95 1299.00 1.566 times
12 Wed Jun 2024 1330.00 1320.00 1332.35 1306.70 0.364 times
11 Tue Jun 2024 1297.05 1290.00 1310.95 1290.00 0.293 times
10 Mon Jun 2024 1299.75 1331.50 1343.00 1295.75 1.339 times
07 Fri Jun 2024 1311.70 1328.00 1328.00 1289.65 0.289 times

My analysis of stock is bullish for shortterm, and stock might move up till 1314.4 or till 1347.3. Use a stoploss of 1286.89 and if this stock hits its stoploss, then it can fall down till 1259.42

Share price targets for Rainbow (Rainbow)

Target Type Value
Downside Target 1092.00
Downside Target 1171.75
Downside Target 1205.00
Downside Target 1250.05
Downside Target 1280.85
Upside Target 1359.95
Upside Target 1379.95
Upside Target 1393.00
Upside Target 1401.15
Upside Target 1488.45
Upside Target 1649.00

Intraday share price targets for Rainbow (Rainbow)

Target Type Value
Downside Intraday Target 1273.75
Downside Intraday Target 1249.25
Upside Intraday Target 1329.85
Upside Intraday Target 1361.45
Upside Intraday Target 1305.35

Weekly technical analysis of Rainbow (Rainbow)

Date Weekly Closing Price Open High Low Volume
21 Fri Jun 2024 1298.25 1311.00 1336.95 1280.85 0.766 times
14 Fri Jun 2024 1308.65 1331.50 1359.95 1290.00 0.843 times
07 Fri Jun 2024 1311.70 1310.10 1350.00 1220.45 0.762 times
31 Fri May 2024 1302.25 1281.70 1311.40 1217.85 1.418 times
24 Fri May 2024 1242.05 1379.95 1379.95 1205.00 1.478 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
21 Fri Jun 2024 1298.25 1310.10 1359.95 1220.45 0.403 times
31 Fri May 2024 1302.25 1385.00 1649.00 1205.00 2.313 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

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 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 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 to mid 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 mid to longer 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.

ADX buy sell signal for Rainbow stock for short term is BUY. Signal strength is Weak and stock is gaining momentum.

MACD generated a BUY signal for Rainbow in short term but the buy signal is initial and weak.

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 red color and prices are below the red cloud Prices appear to be moving up

CCI has generated a buy signal for Rainbow in short term but BUY signal is weak.

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 1307.28 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 has given negative returns over a short term period. Returns for a longer term period have been negative.

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 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 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 to mid 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 mid to longer 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.

ADX buy sell signal for Rainbow stock for short term is BUY. Signal strength is Weak and stock is gaining momentum.

MACD generated a BUY signal for Rainbow in short term but the buy signal is initial and weak.

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 red color and prices are below the red cloud Prices appear to be moving up

CCI has generated a buy signal for Rainbow in short term but BUY signal is weak.

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 1307.28 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 has given negative returns over a short term period. Returns for a longer term period have been negative.

Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.

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Daily charts

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