(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 2024-02-26 View latest technical analysis
10 day averaged volume of Rainbow is 7027
| Date | Daily Closing Price | Open | High | Low | Volume |
| 26 Mon Feb 2024 | 1290.40 | 1299.55 | 1304.45 | 1270.80 | 0.783 times |
| 23 Fri Feb 2024 | 1282.60 | 1299.45 | 1299.45 | 1260.05 | 0.148 times |
| 22 Thu Feb 2024 | 1278.65 | 1275.00 | 1289.10 | 1253.70 | 0.707 times |
| 21 Wed Feb 2024 | 1276.10 | 1299.35 | 1299.35 | 1242.05 | 1.191 times |
| 20 Tue Feb 2024 | 1269.60 | 1270.00 | 1301.35 | 1253.35 | 0.382 times |
| 19 Mon Feb 2024 | 1256.55 | 1468.95 | 1468.95 | 1230.75 | 1.463 times |
| 16 Fri Feb 2024 | 1251.35 | 1260.15 | 1282.50 | 1229.60 | 0.75 times |
| 15 Thu Feb 2024 | 1269.20 | 1326.55 | 1339.45 | 1265.05 | 1.716 times |
| 14 Wed Feb 2024 | 1317.70 | 1282.70 | 1337.60 | 1258.75 | 1.914 times |
| 13 Tue Feb 2024 | 1276.45 | 1252.15 | 1280.00 | 1248.00 | 1.294 times |
My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 1284.5, but if it comes below 1284.5, then a intra day sell could be more profitable.
If you take a sell trade below 1284.5, then use 1284.5 as stoploss and 1249.25 as target. However if you take a buy trade in stock , then use 1284.5 as stoploss and 1326.8 as target.
Share price targets for Rainbow (Rainbow)
| Target Type | Value |
| Downside Target | 993.70 |
| Downside Target | 1022.20 |
| Downside Target | 1073.30 |
| Downside Target | 1145.05 |
| Downside Target | 1171.75 |
| Downside Target | 1270.80 |
| Downside Target | 1273.00 |
| Upside Target | 1304.45 |
| Upside Target | 1328.55 |
| Upside Target | 1339.45 |
| Upside Target | 1468.95 |
Intraday share price targets for Rainbow (Rainbow)
| Target Type | Value |
| Downside Intraday Target | 1272.65 |
| Downside Intraday Target | 1254.9 |
| Upside Intraday Target | 1306.3 |
| Upside Intraday Target | 1322.2 |
| Downside Intraday Target | 1288.55 |
Weekly technical analysis of Rainbow (Rainbow)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 26 Mon Feb 2024 | 1290.40 | 1299.55 | 1304.45 | 1270.80 | 0.201 times |
| 23 Fri Feb 2024 | 1282.60 | 1468.95 | 1468.95 | 1230.75 | 0.637 times |
| 16 Fri Feb 2024 | 1251.35 | 1240.45 | 1339.45 | 1205.00 | 0.819 times |
| 09 Fri Feb 2024 | 1239.25 | 1177.10 | 1273.00 | 1171.75 | 2.2 times |
| 02 Fri Feb 2024 | 1182.65 | 1201.70 | 1243.30 | 1171.75 | 1.057 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 |
| 26 Mon Feb 2024 | 1290.40 | 1222.50 | 1468.95 | 1171.75 | 0.68 times |
| 31 Wed Jan 2024 | 1216.95 | 1193.05 | 1328.55 | 1182.60 | 0.847 times |
| 29 Fri Dec 2023 | 1193.15 | 1073.30 | 1215.00 | 1073.30 | 1.494 times |
| 30 Thu Nov 2023 | 1073.30 | 1067.20 | 1175.95 | 993.70 | 0.965 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 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 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 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 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 buy signal for Rainbow in short term and BUY signal is strong.
RSI is generating a SELL signal in short term and selling is picking up 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 1279.24 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 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 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 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 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 buy signal for Rainbow in short term and BUY signal is strong.
RSI is generating a SELL signal in short term and selling is picking up 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 1279.24 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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