(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 2024-07-08 View latest technical analysis
10 day averaged volume of Rainbow is 8591
| Date | Daily Closing Price | Open | High | Low | Volume |
| 08 Mon Jul 2024 | 1286.50 | 1307.00 | 1307.00 | 1266.20 | 0.315 times |
| 05 Fri Jul 2024 | 1295.30 | 1321.75 | 1323.80 | 1274.00 | 1.701 times |
| 04 Thu Jul 2024 | 1317.50 | 1298.05 | 1325.00 | 1298.05 | 2.108 times |
| 03 Wed Jul 2024 | 1298.00 | 1275.00 | 1301.80 | 1255.45 | 0.861 times |
| 02 Tue Jul 2024 | 1255.45 | 1277.95 | 1277.95 | 1244.90 | 0.395 times |
| 01 Mon Jul 2024 | 1255.75 | 1270.95 | 1270.95 | 1242.05 | 0.939 times |
| 28 Fri Jun 2024 | 1246.50 | 1279.00 | 1279.00 | 1242.65 | 0.867 times |
| 27 Thu Jun 2024 | 1261.50 | 1295.00 | 1295.00 | 1257.00 | 1.323 times |
| 26 Wed Jun 2024 | 1275.30 | 1274.55 | 1295.00 | 1269.15 | 1.034 times |
| 25 Tue Jun 2024 | 1271.70 | 1282.00 | 1285.00 | 1260.05 | 0.291 times |
My analysis of stock is bearish for shortterm, and stock might move down till 1268.4 or till 1241.5. Use a stoploss of 1290.89 and if the stock hits stoploss, then it can shoot up till 1313.33
Share price targets for Rainbow (Rainbow)
| Target Type | Value |
| Downside Target | 1092.00 |
| Downside Target | 1205.00 |
| Upside Target | 1311.60 |
| Upside Target | 1325.00 |
| Upside Target | 1336.95 |
| Upside Target | 1359.95 |
| Upside Target | 1393.00 |
| Upside Target | 1401.15 |
| Upside Target | 1649.00 |
Intraday share price targets for Rainbow (Rainbow)
| Target Type | Value |
| Downside Intraday Target | 1266.13 |
| Downside Intraday Target | 1245.77 |
| Upside Intraday Target | 1306.93 |
| Upside Intraday Target | 1327.37 |
| Upside Intraday Target | 1286.57 |
Weekly technical analysis of Rainbow (Rainbow)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 08 Mon Jul 2024 | 1286.50 | 1307.00 | 1307.00 | 1266.20 | 0.052 times |
| 05 Fri Jul 2024 | 1295.30 | 1270.95 | 1325.00 | 1242.05 | 1.502 times |
| 28 Fri Jun 2024 | 1246.50 | 1309.90 | 1311.60 | 1242.65 | 1.1 times |
| 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 |
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 |
| 08 Mon Jul 2024 | 1286.50 | 1270.95 | 1325.00 | 1242.05 | 0.351 times |
| 28 Fri Jun 2024 | 1246.50 | 1310.10 | 1359.95 | 1220.45 | 0.519 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 |
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 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 neutral. A longer time frame might give a better analysis.
ADX buy sell signal for Rainbow stock for short term is SELL. Signal strength is Weak and stock is losing momentum.
MACD generated a BUY signal for Rainbow in short term but the buy 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 in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. Bulls are getting tired and bears are picking up momentum.
Ichimoku cloud is of red color and prices are below the red 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 1282.99 and Rainbow (Rainbow) stock is trading above this level. This is a good sign for the stock and it could move higher. 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 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 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 neutral. A longer time frame might give a better analysis.
ADX buy sell signal for Rainbow stock for short term is SELL. Signal strength is Weak and stock is losing momentum.
MACD generated a BUY signal for Rainbow in short term but the buy 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 in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. Bulls are getting tired and bears are picking up momentum.
Ichimoku cloud is of red color and prices are below the red 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 1282.99 and Rainbow (Rainbow) stock is trading above this level. This is a good sign for the stock and it could move higher. 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 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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