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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 2024-10-22 View latest technical analysis

10 day averaged volume of Rainbow is 5251

Date Daily Closing Price Open High Low Volume
22 Tue Oct 2024 1343.70 1380.00 1388.15 1337.20 2.018 times
21 Mon Oct 2024 1396.05 1405.05 1427.00 1389.70 1.231 times
18 Fri Oct 2024 1432.95 1425.05 1441.65 1419.00 0.296 times
17 Thu Oct 2024 1450.40 1423.00 1460.00 1423.00 1.345 times
16 Wed Oct 2024 1452.95 1468.55 1470.00 1436.70 0.563 times
15 Tue Oct 2024 1468.15 1450.00 1473.85 1418.40 2.458 times
14 Mon Oct 2024 1406.30 1409.40 1415.00 1390.00 0.425 times
11 Fri Oct 2024 1409.40 1400.00 1415.30 1390.95 1.099 times
10 Thu Oct 2024 1400.10 1395.70 1415.30 1390.40 0.503 times
09 Wed Oct 2024 1390.75 1395.85 1423.25 1381.95 0.447 times

Stock of Rainbow (Rainbow) has showed a significant fall. This could be a good time to exit from this stock.

Although my analysis for stock is bearish for shortterm, but stock is in heavy over sold zones and there are high chances of some recovery tomorrow. You might want to buy the stock tomorrow in intra day with a stoploss of 1338.2, for a target of 1375.2 or 1406.09

Share price targets for Rainbow (Rainbow)

Target Type Value
Downside Target 1079.25
Downside Target 1130.25
Downside Target 1220.45
Downside Target 1250.25
Downside Target 1325.00
Upside Target 1423.25
Upside Target 1427.00
Upside Target 1464.75
Upside Target 1473.85
Upside Target 1516.45

Intraday share price targets for Rainbow (Rainbow)

Target Type Value
Downside Intraday Target 1311.6
Downside Intraday Target 1279.5
Upside Intraday Target 1401.4
Upside Intraday Target 1459.1
Upside Intraday Target 1369.3

Weekly technical analysis of Rainbow (Rainbow)

Date Weekly Closing Price Open High Low Volume
22 Tue Oct 2024 1343.70 1405.05 1427.00 1337.20 0.639 times
18 Fri Oct 2024 1432.95 1409.40 1473.85 1390.00 0.753 times
11 Fri Oct 2024 1409.40 1379.15 1423.25 1338.35 0.989 times
03 Thu Oct 2024 1406.10 1424.00 1464.75 1380.00 0.296 times
27 Fri Sep 2024 1400.60 1370.05 1516.45 1348.55 1.145 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
22 Tue Oct 2024 1343.70 1396.00 1473.85 1337.20 0.265 times
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

Scroll below to view daily charts

Price has moved down 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 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 term time period is negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this stock.

Price action analysis of Rainbow ( (Rainbow) ) based on a short to mid 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 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 SELL. Signal strength is Weak and stock is losing momentum.

MACD generated a SELL signal for Rainbow in short term but the sell signal is initial and weak.

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 green color and prices are in or below the green cloud Prices appear to be coming down

CCI has generated a SELL signal for Rainbow in short term and SELL 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 1415.91 and Rainbow (Rainbow) stock is trading below this level. This means that stock is falling with high volumes. VWAP is falling down

People seem to be coming out and selling the Rainbow (Rainbow) stock. Volume based technical analysis of Rainbow (Rainbow) stock is negative.

Rainbow Stock has given negative 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 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 term time period is negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this stock.

Price action analysis of Rainbow ( (Rainbow) ) based on a short to mid 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 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 SELL. Signal strength is Weak and stock is losing momentum.

MACD generated a SELL signal for Rainbow in short term but the sell signal is initial and weak.

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 green color and prices are in or below the green cloud Prices appear to be coming down

CCI has generated a SELL signal for Rainbow in short term and SELL 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 1415.91 and Rainbow (Rainbow) stock is trading below this level. This means that stock is falling with high volumes. VWAP is falling down

People seem to be coming out and selling the Rainbow (Rainbow) stock. Volume based technical analysis of Rainbow (Rainbow) stock is negative.

Rainbow Stock has given negative 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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Daily charts

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