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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 2024-08-12 View latest technical analysis

10 day averaged volume of Rainbow is 8600

Date Daily Closing Price Open High Low Volume
12 Mon Aug 2024 1238.80 1235.00 1243.85 1212.35 0.579 times
09 Fri Aug 2024 1226.85 1216.95 1232.80 1212.40 0.41 times
08 Thu Aug 2024 1210.50 1190.05 1214.70 1187.25 1.231 times
07 Wed Aug 2024 1180.70 1200.00 1211.80 1176.50 0.64 times
06 Tue Aug 2024 1193.25 1158.70 1203.00 1158.70 0.493 times
05 Mon Aug 2024 1167.65 1130.25 1181.95 1130.25 2.084 times
02 Fri Aug 2024 1191.95 1194.65 1200.85 1182.55 0.369 times
01 Thu Aug 2024 1193.70 1185.00 1197.35 1177.90 0.347 times
31 Wed Jul 2024 1184.45 1187.00 1204.05 1176.20 1.305 times
30 Tue Jul 2024 1185.25 1171.55 1191.30 1155.00 0.544 times

Although my analysis for stock is bullish for shortterm, but stock is over bought and there are high chances of some profit booking tomorrow. You might want to sell the stock tomorrow in intra day with a stoploss of 1247.7, for a target of 1209.8 or 1178.15

Share price targets for Rainbow (Rainbow)

Target Type Value
Downside Target 1079.25
Downside Target 1130.25
Downside Target 1180.95
Downside Target 1205.00
Upside Target 1239.50
Upside Target 1243.85
Upside Target 1250.05
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 1219.48
Downside Intraday Target 1200.17
Upside Intraday Target 1250.98
Upside Intraday Target 1263.17
Downside Intraday Target 1231.67

Weekly technical analysis of Rainbow (Rainbow)

Date Weekly Closing Price Open High Low Volume
12 Mon Aug 2024 1238.80 1235.00 1243.85 1212.35 0.119 times
09 Fri Aug 2024 1226.85 1130.25 1232.80 1130.25 0.945 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

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
12 Mon Aug 2024 1238.80 1185.00 1243.85 1130.25 0.154 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 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 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 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 BUY. Signal strength is Weak and stock is gaining 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 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 positive zone. This is a BUY 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 1191.23 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 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 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 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 BUY. Signal strength is Weak and stock is gaining 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 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 positive zone. This is a BUY 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 1191.23 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.

Click here for Rainbow charts

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