(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 2024-07-29 View latest technical analysis
10 day averaged volume of Rainbow is 24312
| Date | Daily Closing Price | Open | High | Low | Volume |
| 29 Mon Jul 2024 | 1172.30 | 1199.95 | 1205.65 | 1162.00 | 0.912 times |
| 26 Fri Jul 2024 | 1170.75 | 1155.00 | 1175.45 | 1140.05 | 0.653 times |
| 25 Thu Jul 2024 | 1148.70 | 1097.00 | 1159.05 | 1079.25 | 0.716 times |
| 24 Wed Jul 2024 | 1104.35 | 1122.20 | 1140.35 | 1098.00 | 0.995 times |
| 23 Tue Jul 2024 | 1122.20 | 1168.70 | 1168.70 | 1115.50 | 1.003 times |
| 22 Mon Jul 2024 | 1145.85 | 1163.30 | 1180.95 | 1140.00 | 2.995 times |
| 19 Fri Jul 2024 | 1163.35 | 1155.05 | 1193.50 | 1155.05 | 0.624 times |
| 18 Thu Jul 2024 | 1166.30 | 1172.05 | 1184.25 | 1148.20 | 1.455 times |
| 16 Tue Jul 2024 | 1185.90 | 1214.00 | 1214.00 | 1181.05 | 0.708 times |
| 15 Mon Jul 2024 | 1210.20 | 1239.50 | 1239.50 | 1197.50 | 0.502 times |
My analysis of stock is bearish for shortterm, but stock is semi over sold and there are some chances of seeing a recovery tomorrow. Use 1152.7 as stoploss in an intra day buy trade for a target of 1215.01. However, stock will show a bearish move below 1152.7.
Share price targets for Rainbow (Rainbow)
| Target Type | Value |
| Downside Target | 1079.25 |
| Downside Target | 1148.20 |
| Upside Target | 1205.00 |
| Upside Target | 1250.05 |
| Upside Target | 1307.00 |
| Upside Target | 1325.00 |
| 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 | 1154.32 |
| Downside Intraday Target | 1136.33 |
| Upside Intraday Target | 1197.97 |
| Upside Intraday Target | 1223.63 |
| Upside Intraday Target | 1179.98 |
Weekly technical analysis of Rainbow (Rainbow)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 29 Mon Jul 2024 | 1172.30 | 1199.95 | 1205.65 | 1162.00 | 0.143 times |
| 26 Fri Jul 2024 | 1170.75 | 1163.30 | 1180.95 | 1079.25 | 1.934 times |
| 19 Fri Jul 2024 | 1163.35 | 1239.50 | 1239.50 | 1148.20 | 4.015 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 |
Price has moved up 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 |
| 29 Mon Jul 2024 | 1172.30 | 1270.95 | 1325.00 | 1079.25 | 2.123 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, and volume has increased substantially. This means that the move can continue in coming months.
Indicators analysis of Rainbow (Rainbow)
Price action analysis of Rainbow ( (Rainbow) ) based on a short term time period is positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.
Price action analysis of Rainbow ( (Rainbow) ) based on a short term time period is positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.
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 losing momentum.
MACD generated a SELL signal for Rainbow in short term and the sell signal is strong.
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. Bears are weakening, and bulls are picking up momentum!
Ichimoku cloud is of red color and prices are in or above the red cloud Prices appear to be moving up
CCI has generated a buy signal for Rainbow in short term and BUY 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
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 1153.31 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 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 positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.
Price action analysis of Rainbow ( (Rainbow) ) based on a short term time period is positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.
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 losing momentum.
MACD generated a SELL signal for Rainbow in short term and the sell signal is strong.
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. Bears are weakening, and bulls are picking up momentum!
Ichimoku cloud is of red color and prices are in or above the red cloud Prices appear to be moving up
CCI has generated a buy signal for Rainbow in short term and BUY 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
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 1153.31 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 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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