(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 2024-08-06 View latest technical analysis
10 day averaged volume of Rainbow is 14398
| Date | Daily Closing Price | Open | High | Low | Volume |
| 06 Tue Aug 2024 | 1193.25 | 1158.70 | 1203.00 | 1158.70 | 0.295 times |
| 05 Mon Aug 2024 | 1167.65 | 1130.25 | 1181.95 | 1130.25 | 1.245 times |
| 02 Fri Aug 2024 | 1191.95 | 1194.65 | 1200.85 | 1182.55 | 0.22 times |
| 01 Thu Aug 2024 | 1193.70 | 1185.00 | 1197.35 | 1177.90 | 0.207 times |
| 31 Wed Jul 2024 | 1184.45 | 1187.00 | 1204.05 | 1176.20 | 0.779 times |
| 30 Tue Jul 2024 | 1185.25 | 1171.55 | 1191.30 | 1155.00 | 0.325 times |
| 29 Mon Jul 2024 | 1172.30 | 1199.95 | 1205.65 | 1162.00 | 1.539 times |
| 26 Fri Jul 2024 | 1170.75 | 1155.00 | 1175.45 | 1140.05 | 1.102 times |
| 25 Thu Jul 2024 | 1148.70 | 1097.00 | 1159.05 | 1079.25 | 1.209 times |
| 24 Wed Jul 2024 | 1104.35 | 1122.20 | 1140.35 | 1098.00 | 1.679 times |
My analysis of stock is bullish for shortterm, and stock might move up till 1226.2 or till 1275.2. Use a stoploss of 1185.4 and if this stock hits its stoploss, then it can fall down till 1144.57
Share price targets for Rainbow (Rainbow)
| Target Type | Value |
| Downside Target | 1079.25 |
| Downside Target | 1130.25 |
| Downside Target | 1180.95 |
| Upside Target | 1230.00 |
| Upside Target | 1239.50 |
| Upside Target | 1250.05 |
| Upside Target | 1307.00 |
| Upside Target | 1325.00 |
| Upside Target | 1359.95 |
| Upside Target | 1393.00 |
| Upside Target | 1649.00 |
Intraday share price targets for Rainbow (Rainbow)
| Target Type | Value |
| Downside Intraday Target | 1148 |
| Downside Intraday Target | 1102.75 |
| Upside Intraday Target | 1220.75 |
| Upside Intraday Target | 1248.25 |
| Downside Intraday Target | 1175.5 |
Weekly technical analysis of Rainbow (Rainbow)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 06 Tue Aug 2024 | 1193.25 | 1130.25 | 1203.00 | 1130.25 | 0.501 times |
| 02 Fri Aug 2024 | 1191.95 | 1199.95 | 1205.65 | 1155.00 | 0.286 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 |
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 |
| 06 Tue Aug 2024 | 1193.25 | 1185.00 | 1203.00 | 1130.25 | 0.082 times |
| 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 |
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 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 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 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 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 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 tired and bears 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 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 1158.17 and Rainbow (Rainbow) stock is trading above this level. This is a good sign for the stock and it could move higher. 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 is giving positive 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 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 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 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 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 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 tired and bears 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 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 1158.17 and Rainbow (Rainbow) stock is trading above this level. This is a good sign for the stock and it could move higher. 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 is giving positive 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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