Mobile app version of munafa.co.com
Login or Join
 Learn then Earn

Daily Technical Analysis Weekly Analysis Monthly Analysis Renko chart MACD chart Bollinger Bands chart Stochastics charts Force Index charts

(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 2024-08-21 View latest technical analysis

10 day averaged volume of Rainbow is 7449

Date Daily Closing Price Open High Low Volume
21 Wed Aug 2024 1209.25 1198.05 1211.50 1195.20 0.235 times
20 Tue Aug 2024 1201.05 1201.95 1215.95 1198.80 0.406 times
19 Mon Aug 2024 1201.90 1195.00 1209.05 1180.15 1.674 times
16 Fri Aug 2024 1197.30 1226.00 1226.00 1180.95 0.816 times
14 Wed Aug 2024 1221.50 1180.25 1226.10 1180.25 2.625 times
13 Tue Aug 2024 1203.00 1251.00 1251.00 1195.25 0.608 times
12 Mon Aug 2024 1238.80 1235.00 1243.85 1212.35 0.668 times
09 Fri Aug 2024 1226.85 1216.95 1232.80 1212.40 0.473 times
08 Thu Aug 2024 1210.50 1190.05 1214.70 1187.25 1.421 times
07 Wed Aug 2024 1180.70 1200.00 1211.80 1176.50 0.739 times

My analysis of stock is bullish for shortterm, but stock is in semi over bought zones and there are some chances of seeing a fall tomorrow. Use 1218.8 as stoploss in an intra day sell trade for a target of 1190.16. However, stock will show a bullish move above 1218.8.

Share price targets for Rainbow (Rainbow)

Target Type Value
Downside Target 1079.25
Downside Target 1130.25
Downside Target 1155.00
Downside Target 1180.15
Downside Target 1205.00
Upside Target 1250.05
Upside Target 1251.00
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 1187.62
Downside Intraday Target 1165.98
Upside Intraday Target 1223.42
Upside Intraday Target 1237.58
Downside Intraday Target 1201.78

Weekly technical analysis of Rainbow (Rainbow)

Date Weekly Closing Price Open High Low Volume
21 Wed Aug 2024 1209.25 1195.00 1215.95 1180.15 0.491 times
16 Fri Aug 2024 1197.30 1235.00 1251.00 1180.25 0.841 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

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
21 Wed Aug 2024 1209.25 1185.00 1251.00 1130.25 0.292 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 neutral. A longer time frame might give a better analysis.

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 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 SELL. 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 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 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 but BUY signal is weak.

RSI is generating a BUY signal in short term but buying is losing momentum.

MRSI is in positive zone. This is a BUY zone

Although the stock is in the BUY zone, but buying 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 1210.46 and Rainbow (Rainbow) stock is trading below this level. This means that stock is falling with high volumes. 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 neutral. A longer time frame might give a better analysis.

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 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 SELL. 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 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 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 but BUY signal is weak.

RSI is generating a BUY signal in short term but buying is losing momentum.

MRSI is in positive zone. This is a BUY zone

Although the stock is in the BUY zone, but buying 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 1210.46 and Rainbow (Rainbow) stock is trading below this level. This means that stock is falling with high volumes. 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

Click here for further forecast and predictions for tomorrow

Daily charts

Daily Technical Analysis Weekly Analysis Monthly Analysis Renko chart MACD chart Bollinger Bands chart Stochastics charts Force Index charts

Daily chart
Back to top | Use Dark Theme