(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 2024-03-04 View latest technical analysis
10 day averaged volume of Rainbow is 17587
| Date | Daily Closing Price | Open | High | Low | Volume |
| 04 Mon Mar 2024 | 1199.30 | 1280.35 | 1301.70 | 1190.00 | 2.296 times |
| 02 Sat Mar 2024 | 1301.85 | 1305.00 | 1325.00 | 1272.20 | 0.119 times |
| 01 Fri Mar 2024 | 1314.65 | 1330.15 | 1401.15 | 1274.95 | 0.783 times |
| 29 Thu Feb 2024 | 1356.25 | 1426.05 | 1427.95 | 1340.00 | 4.826 times |
| 28 Wed Feb 2024 | 1441.50 | 1299.95 | 1488.45 | 1294.70 | 2.937 times |
| 27 Tue Feb 2024 | 1284.55 | 1293.40 | 1294.65 | 1273.30 | 0.052 times |
| 26 Mon Feb 2024 | 1290.40 | 1299.55 | 1304.45 | 1270.80 | 0.313 times |
| 23 Fri Feb 2024 | 1282.60 | 1299.45 | 1299.45 | 1260.05 | 0.059 times |
| 22 Thu Feb 2024 | 1278.65 | 1275.00 | 1289.10 | 1253.70 | 0.282 times |
| 21 Wed Feb 2024 | 1276.10 | 1299.35 | 1299.35 | 1242.05 | 0.476 times |
Stock of Rainbow (Rainbow) has showed a significant fall. This could be a good time to exit from this stock.
My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 1234.1, but if it comes above 1234.1, then a intra day buy could be more profitable.
If you take a sell trade below 1234.1, then use 1234.1 as stoploss and 1175.6 as target. However if you take a buy trade in stock , then use 1234.1 as stoploss and 1282.8 as target.
Share price targets for Rainbow (Rainbow)
| Target Type | Value |
| Downside Target | 993.70 |
| Downside Target | 1073.30 |
| Downside Target | 1171.75 |
| Upside Target | 1270.80 |
| Upside Target | 1273.00 |
| Upside Target | 1301.70 |
| Upside Target | 1328.55 |
| Upside Target | 1339.45 |
| Upside Target | 1401.15 |
| Upside Target | 1468.95 |
| Upside Target | 1488.45 |
Intraday share price targets for Rainbow (Rainbow)
| Target Type | Value |
| Downside Intraday Target | 1158.97 |
| Downside Intraday Target | 1118.63 |
| Upside Intraday Target | 1270.67 |
| Upside Intraday Target | 1342.03 |
| Upside Intraday Target | 1230.33 |
Weekly technical analysis of Rainbow (Rainbow)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 04 Mon Mar 2024 | 1199.30 | 1280.35 | 1301.70 | 1190.00 | 0.254 times |
| 02 Sat Mar 2024 | 1301.85 | 1299.55 | 1488.45 | 1270.80 | 5.806 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 |
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 |
| 04 Mon Mar 2024 | 1199.30 | 1330.15 | 1401.15 | 1190.00 | 0.206 times |
| 29 Thu Feb 2024 | 1356.25 | 1222.50 | 1488.45 | 1171.75 | 1.368 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 |
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 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 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 neutral. A longer time frame might give a better analysis.
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 coming down
CCI has generated a SELL signal for Rainbow in short term and SELL signal is strong!
RSI is generating a SELL signal in short term and selling is picking up momentum.
MRSI is in negative zone. This is the SELL 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 1336.67 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 negative.
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 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 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 neutral. A longer time frame might give a better analysis.
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 coming down
CCI has generated a SELL signal for Rainbow in short term and SELL signal is strong!
RSI is generating a SELL signal in short term and selling is picking up momentum.
MRSI is in negative zone. This is the SELL 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 1336.67 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 negative.
Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.
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