(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 2024-09-11 View latest technical analysis
10 day averaged volume of Rainbow is 7345
| Date | Daily Closing Price | Open | High | Low | Volume |
| 11 Wed Sep 2024 | 1329.30 | 1320.00 | 1359.95 | 1320.00 | 3.97 times |
| 10 Tue Sep 2024 | 1313.20 | 1301.00 | 1318.75 | 1288.65 | 0.825 times |
| 09 Mon Sep 2024 | 1276.60 | 1276.15 | 1282.50 | 1258.05 | 1.036 times |
| 06 Fri Sep 2024 | 1280.50 | 1283.00 | 1317.00 | 1271.85 | 2.378 times |
| 05 Thu Sep 2024 | 1282.25 | 1284.55 | 1300.00 | 1275.45 | 0.699 times |
| 04 Wed Sep 2024 | 1263.10 | 1265.00 | 1281.25 | 1250.25 | 0.506 times |
| 03 Tue Sep 2024 | 1265.20 | 1275.00 | 1287.10 | 1256.60 | 0.542 times |
| 02 Mon Sep 2024 | 1277.25 | 1284.70 | 1284.70 | 1263.20 | 1.451 times |
| 30 Fri Aug 2024 | 1267.60 | 1240.40 | 1274.20 | 1236.80 | 0.378 times |
| 29 Thu Aug 2024 | 1239.15 | 1257.95 | 1257.95 | 1234.00 | 0.962 times |
Stock of Rainbow (Rainbow) has showed a significant upmove. This could be a good time to enter in this stock!
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 1329.5, for a target of 1285.8 or 1249.4
Share price targets for Rainbow (Rainbow)
| Target Type | Value |
| Downside Target | 1079.25 |
| Downside Target | 1130.25 |
| Downside Target | 1180.15 |
| Downside Target | 1205.00 |
| Downside Target | 1250.25 |
| Downside Target | 1274.20 |
| Downside Target | 1317.00 |
| Downside Target | 1325.00 |
| Upside Target | 1359.95 |
| Upside Target | 1649.00 |
Intraday share price targets for Rainbow (Rainbow)
| Target Type | Value |
| Downside Intraday Target | 1271.58 |
| Downside Intraday Target | 1213.87 |
| Upside Intraday Target | 1373.48 |
| Upside Intraday Target | 1417.67 |
| Downside Intraday Target | 1315.77 |
Weekly technical analysis of Rainbow (Rainbow)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 11 Wed Sep 2024 | 1329.30 | 1276.15 | 1359.95 | 1258.05 | 1.046 times |
| 06 Fri Sep 2024 | 1280.50 | 1284.70 | 1317.00 | 1250.25 | 1.529 times |
| 30 Fri Aug 2024 | 1267.60 | 1259.90 | 1274.20 | 1225.00 | 0.714 times |
| 23 Fri Aug 2024 | 1235.70 | 1195.00 | 1258.80 | 1180.15 | 1.067 times |
| 16 Fri Aug 2024 | 1197.30 | 1235.00 | 1251.00 | 1180.25 | 0.841 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 |
| 11 Wed Sep 2024 | 1329.30 | 1284.70 | 1359.95 | 1250.25 | 0.569 times |
| 30 Fri Aug 2024 | 1267.60 | 1185.00 | 1274.20 | 1130.25 | 0.428 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 |
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 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 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 positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.
ADX buy sell signal for Rainbow stock for short term is BUY. Signal strength is Strong and stock is gaining momentum.
MACD generated a BUY signal for Rainbow in short term and the buy signal is strong.
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 green color and prices are above the green 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
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 1292.38 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 positive
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 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 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 positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.
ADX buy sell signal for Rainbow stock for short term is BUY. Signal strength is Strong and stock is gaining momentum.
MACD generated a BUY signal for Rainbow in short term and the buy signal is strong.
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 green color and prices are above the green 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
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 1292.38 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 positive
Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.
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