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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 2024-09-30 View latest technical analysis

10 day averaged volume of Rainbow is 22685

Date	Daily Closing Price	Open	High	Low	Volume
30 Mon Sep 2024	1397.70	1424.00	1445.40	1387.85	0.924 times
27 Fri Sep 2024	1400.60	1409.70	1432.55	1374.65	0.647 times
26 Thu Sep 2024	1406.10	1397.00	1516.45	1382.00	4.03 times
25 Wed Sep 2024	1382.00	1398.75	1398.75	1374.00	0.204 times
24 Tue Sep 2024	1388.50	1366.00	1391.95	1348.55	0.253 times
23 Mon Sep 2024	1365.55	1370.05	1387.15	1362.00	0.203 times
20 Fri Sep 2024	1378.20	1357.10	1390.05	1326.70	0.379 times
19 Thu Sep 2024	1383.30	1301.55	1410.00	1301.55	3.633 times
18 Wed Sep 2024	1291.95	1301.65	1324.00	1281.30	0.244 times
17 Tue Sep 2024	1314.25	1337.60	1337.60	1307.50	0.196 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 1381.3, but if it comes below 1381.3, then a intra day sell could be more profitable.
If you take a sell trade below 1381.3, then use 1381.3 as stoploss and 1332.92 as target. However if you take a buy trade in stock , then use 1381.3 as stoploss and 1439.4 as target.

Share price targets for Rainbow (Rainbow)

Target Type	Value
Downside Target	1079.25
Downside Target	1130.25
Downside Target	1205.00
Downside Target	1250.25
Downside Target	1317.00
Downside Target	1359.95
Downside Target	1387.85
Upside Target	1410.00
Upside Target	1445.40
Upside Target	1516.45
Upside Target	1649.00

Intraday share price targets for Rainbow (Rainbow)

Target Type	Value
Downside Intraday Target	1375.23
Downside Intraday Target	1352.77
Upside Intraday Target	1432.78
Upside Intraday Target	1467.87
Upside Intraday Target	1410.32

Weekly technical analysis of Rainbow (Rainbow)

Date	Weekly Closing Price	Open	High	Low	Volume
30 Mon Sep 2024	1397.70	1424.00	1445.40	1387.85	0.173 times
27 Fri Sep 2024	1400.60	1370.05	1516.45	1348.55	1.145 times
20 Fri Sep 2024	1378.20	1331.00	1410.00	1281.30	1.589 times
13 Fri Sep 2024	1316.90	1276.15	1359.95	1258.05	1.625 times
06 Fri Sep 2024	1280.50	1284.70	1317.00	1250.25	1.529 times

Price has moved down 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
30 Mon Sep 2024	1397.70	1284.70	1516.45	1250.25	2.411 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, 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 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 positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.

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 in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. Bulls are getting tired and bears are picking up momentum.

Ichimoku cloud is of green color and prices are in or below the green 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 1390.41 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.