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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 2024-07-11 View latest technical analysis

10 day averaged volume of Rainbow is 7961

Date Daily Closing Price Open High Low Volume
11 Thu Jul 2024 1250.75 1287.00 1287.00 1248.35 0.273 times
10 Wed Jul 2024 1262.40 1258.05 1277.50 1245.95 0.462 times
09 Tue Jul 2024 1258.05 1300.00 1300.00 1256.10 0.356 times
08 Mon Jul 2024 1286.50 1307.00 1307.00 1266.20 0.339 times
05 Fri Jul 2024 1295.30 1321.75 1323.80 1274.00 1.836 times
04 Thu Jul 2024 1317.50 1298.05 1325.00 1298.05 2.275 times
03 Wed Jul 2024 1298.00 1275.00 1301.80 1255.45 0.929 times
02 Tue Jul 2024 1255.45 1277.95 1277.95 1244.90 0.426 times
01 Mon Jul 2024 1255.75 1270.95 1270.95 1242.05 1.014 times
28 Fri Jun 2024 1246.50 1279.00 1279.00 1242.65 0.935 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 1260, but if it comes above 1260, then a intra day buy could be more profitable.
If you take a sell trade below 1260, then use 1260 as stoploss and 1232.2 as target. However if you take a buy trade in stock , then use 1260 as stoploss and 1283.11 as target.

Share price targets for Rainbow (Rainbow)

Target Type Value
Downside Target 1092.00
Downside Target 1205.00
Upside Target 1280.85
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 1228.8
Downside Intraday Target 1206.85
Upside Intraday Target 1289.85
Upside Intraday Target 1328.95
Upside Intraday Target 1267.9

Weekly technical analysis of Rainbow (Rainbow)

Date Weekly Closing Price Open High Low Volume
11 Thu Jul 2024 1250.75 1307.00 1307.00 1245.95 0.221 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
11 Thu Jul 2024 1250.75 1270.95 1325.00 1242.05 0.407 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 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 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 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 SELL. Signal strength is Weak and stock is losing momentum.

MACD generated a SELL signal for Rainbow in short term and the sell signal is strong.

Rainbow Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are getting stronger in this stock.

Ichimoku cloud is of red color and prices are below the red cloud Prices appear to be coming down

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 and the buying is gaining momentum.

MRSI is in negative zone. This is the SELL 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 1284.75 and Rainbow (Rainbow) stock is trading below this level. This means that stock is falling with high volumes. 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 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 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 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 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 SELL. Signal strength is Weak and stock is losing momentum.

MACD generated a SELL signal for Rainbow in short term and the sell signal is strong.

Rainbow Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are getting stronger in this stock.

Ichimoku cloud is of red color and prices are below the red cloud Prices appear to be coming down

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 and the buying is gaining momentum.

MRSI is in negative zone. This is the SELL 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 1284.75 and Rainbow (Rainbow) stock is trading below this level. This means that stock is falling with high volumes. 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 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.

Click here for Rainbow charts

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Daily charts

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