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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 2024-07-18 View latest technical analysis

10 day averaged volume of Rainbow is 8946

Date Daily Closing Price Open High Low Volume
18 Thu Jul 2024 1166.30 1172.05 1184.25 1148.20 3.953 times
16 Tue Jul 2024 1185.90 1214.00 1214.00 1181.05 1.924 times
15 Mon Jul 2024 1210.20 1239.50 1239.50 1197.50 1.365 times
12 Fri Jul 2024 1230.60 1260.00 1260.00 1230.00 0.953 times
11 Thu Jul 2024 1250.75 1287.00 1287.00 1248.35 0.243 times
10 Wed Jul 2024 1262.40 1258.05 1277.50 1245.95 0.411 times
09 Tue Jul 2024 1258.05 1300.00 1300.00 1256.10 0.317 times
08 Mon Jul 2024 1286.50 1307.00 1307.00 1266.20 0.302 times
05 Fri Jul 2024 1295.30 1321.75 1323.80 1274.00 1.634 times
04 Thu Jul 2024 1317.50 1298.05 1325.00 1298.05 2.025 times

Stock of Rainbow (Rainbow) has showed a significant fall. This could be a good time to exit from this stock.

Although my analysis for stock is bearish for shortterm, but stock is in heavy over sold zones and there are high chances of some recovery tomorrow. You might want to buy the stock tomorrow in intra day with a stoploss of 1177.1, for a target of 1222.8 or 1260.89

Share price targets for Rainbow (Rainbow)

Target Type Value
Downside Target 1092.00
Downside Target 1148.20
Upside Target 1205.00
Upside Target 1280.85
Upside Target 1307.00
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 1129.83
Downside Intraday Target 1093.37
Upside Intraday Target 1221.13
Upside Intraday Target 1275.97
Upside Intraday Target 1184.67

Weekly technical analysis of Rainbow (Rainbow)

Date Weekly Closing Price Open High Low Volume
18 Thu Jul 2024 1166.30 1239.50 1239.50 1148.20 3.254 times
12 Fri Jul 2024 1230.60 1307.00 1307.00 1230.00 0.386 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

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
18 Thu Jul 2024 1166.30 1270.95 1325.00 1148.20 0.881 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 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 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 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 Strong and stock is gaining 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 weakening, and bulls 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 and SELL signal is strong!

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 1227.33 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 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 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 Strong and stock is gaining 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 weakening, and bulls 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 and SELL signal is strong!

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 1227.33 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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