(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 2024-07-31 View latest technical analysis
10 day averaged volume of Rainbow is 24922
| Date | Daily Closing Price | Open | High | Low | Volume |
| 31 Wed Jul 2024 | 1184.45 | 1187.00 | 1204.05 | 1176.20 | 0.45 times |
| 30 Tue Jul 2024 | 1185.25 | 1171.55 | 1191.30 | 1155.00 | 0.188 times |
| 29 Mon Jul 2024 | 1172.30 | 1199.95 | 1205.65 | 1162.00 | 0.889 times |
| 26 Fri Jul 2024 | 1170.75 | 1155.00 | 1175.45 | 1140.05 | 0.637 times |
| 25 Thu Jul 2024 | 1148.70 | 1097.00 | 1159.05 | 1079.25 | 0.699 times |
| 24 Wed Jul 2024 | 1104.35 | 1122.20 | 1140.35 | 1098.00 | 0.97 times |
| 23 Tue Jul 2024 | 1122.20 | 1168.70 | 1168.70 | 1115.50 | 0.978 times |
| 22 Mon Jul 2024 | 1145.85 | 1163.30 | 1180.95 | 1140.00 | 2.921 times |
| 19 Fri Jul 2024 | 1163.35 | 1155.05 | 1193.50 | 1155.05 | 0.608 times |
| 18 Thu Jul 2024 | 1166.30 | 1172.05 | 1184.25 | 1148.20 | 1.419 times |
My analysis of stock is bearish for shortterm, and stock might move down till 1146.7 or till 1073.1. Use a stoploss of 1207.94 and if the stock hits stoploss, then it can shoot up till 1269.23
Share price targets for Rainbow (Rainbow)
| Target Type | Value |
| Downside Target | 1079.25 |
| Downside Target | 1148.20 |
| Downside Target | 1180.95 |
| 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 | 1157.75 |
| Downside Intraday Target | 1131.05 |
| Upside Intraday Target | 1208.4 |
| Upside Intraday Target | 1232.35 |
| Downside Intraday Target | 1181.7 |
Weekly technical analysis of Rainbow (Rainbow)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 31 Wed Jul 2024 | 1184.45 | 1199.95 | 1205.65 | 1155.00 | 0.246 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 |
| 31 Wed Jul 2024 | 1184.45 | 1270.95 | 1325.00 | 1079.25 | 2.225 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 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 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 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 is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting stronger in this stock.
Ichimoku cloud is of red color and prices are in or above the red cloud Prices appear to be coming down
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 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 1150.19 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 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 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 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 is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting stronger in this stock.
Ichimoku cloud is of red color and prices are in or above the red cloud Prices appear to be coming down
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 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 1150.19 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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