(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 2024-12-17 View latest technical analysis
10 day averaged volume of Rainbow is 5160
| Date | Daily Closing Price | Open | High | Low | Volume |
| 17 Tue Dec 2024 | 1590.85 | 1598.00 | 1614.35 | 1566.95 | 1.177 times |
| 16 Mon Dec 2024 | 1588.55 | 1618.20 | 1618.20 | 1581.10 | 0.48 times |
| 13 Fri Dec 2024 | 1611.65 | 1632.00 | 1650.00 | 1592.75 | 1.042 times |
| 12 Thu Dec 2024 | 1627.10 | 1645.00 | 1645.00 | 1615.00 | 0.844 times |
| 11 Wed Dec 2024 | 1645.20 | 1659.65 | 1659.65 | 1623.00 | 0.844 times |
| 10 Tue Dec 2024 | 1633.80 | 1690.05 | 1701.40 | 1625.30 | 1.265 times |
| 09 Mon Dec 2024 | 1661.50 | 1648.90 | 1677.40 | 1627.25 | 1.204 times |
| 06 Fri Dec 2024 | 1640.80 | 1659.70 | 1659.70 | 1623.00 | 0.851 times |
| 05 Thu Dec 2024 | 1646.35 | 1699.10 | 1699.10 | 1630.00 | 0.852 times |
| 04 Wed Dec 2024 | 1675.20 | 1650.50 | 1693.90 | 1649.80 | 1.061 times |
My analysis of stock is bearish for shortterm, but stock is semi over sold and there are some chances of seeing a recovery tomorrow. Use 1578.4 as stoploss in an intra day buy trade for a target of 1614.94. However, stock will show a bearish move below 1578.4.
Share price targets for Rainbow (Rainbow)
| Target Type | Value |
| Downside Target | 1130.25 |
| Downside Target | 1250.25 |
| Downside Target | 1337.20 |
| Downside Target | 1515.00 |
| Downside Target | 1566.95 |
| Upside Target | 1637.00 |
| Upside Target | 1673.20 |
| Upside Target | 1699.10 |
| Upside Target | 1701.40 |
| Upside Target | 1708.50 |
Intraday share price targets for Rainbow (Rainbow)
| Target Type | Value |
| Downside Intraday Target | 1565.8 |
| Downside Intraday Target | 1540.75 |
| Upside Intraday Target | 1617.05 |
| Upside Intraday Target | 1643.25 |
| Upside Intraday Target | 1592 |
Weekly technical analysis of Rainbow (Rainbow)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 17 Tue Dec 2024 | 1590.85 | 1618.20 | 1618.20 | 1566.95 | 0.319 times |
| 13 Fri Dec 2024 | 1611.65 | 1648.90 | 1701.40 | 1592.75 | 0.949 times |
| 06 Fri Dec 2024 | 1640.80 | 1604.95 | 1699.10 | 1580.05 | 0.501 times |
| 29 Fri Nov 2024 | 1586.45 | 1600.30 | 1708.50 | 1515.00 | 1.732 times |
| 22 Fri Nov 2024 | 1585.40 | 1673.20 | 1673.20 | 1523.50 | 0.529 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 |
| 17 Tue Dec 2024 | 1590.85 | 1604.95 | 1701.40 | 1566.95 | 0.218 times |
| 29 Fri Nov 2024 | 1586.45 | 1629.95 | 1708.50 | 1515.00 | 1.368 times |
| 31 Thu Oct 2024 | 1612.25 | 1396.00 | 1637.00 | 1337.20 | 0.601 times |
| 30 Mon Sep 2024 | 1397.70 | 1284.70 | 1516.45 | 1250.25 | 2.411 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 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 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 positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.
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 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 is trading near its recent LOWS in short term which reflects strong selling momentum. 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 moving up
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 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 1634.07 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 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 positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.
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 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 is trading near its recent LOWS in short term which reflects strong selling momentum. 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 moving up
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 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 1634.07 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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