(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 2024-03-14 View latest technical analysis
10 day averaged volume of Rainbow is 23739
| Date | Daily Closing Price | Open | High | Low | Volume |
| 14 Thu Mar 2024 | 1109.50 | 1100.05 | 1160.00 | 1100.00 | 0.207 times |
| 13 Wed Mar 2024 | 1101.10 | 1099.25 | 1140.95 | 1092.00 | 0.625 times |
| 12 Tue Mar 2024 | 1099.55 | 1137.70 | 1140.75 | 1097.80 | 0.244 times |
| 11 Mon Mar 2024 | 1133.25 | 1131.50 | 1153.80 | 1126.05 | 0.478 times |
| 07 Thu Mar 2024 | 1132.10 | 1128.05 | 1165.00 | 1122.95 | 0.376 times |
| 06 Wed Mar 2024 | 1120.55 | 1179.75 | 1179.75 | 1114.80 | 0.598 times |
| 05 Tue Mar 2024 | 1157.00 | 1200.00 | 1221.90 | 1141.45 | 1.734 times |
| 04 Mon Mar 2024 | 1199.30 | 1280.35 | 1301.70 | 1190.00 | 1.701 times |
| 02 Sat Mar 2024 | 1301.85 | 1305.00 | 1325.00 | 1272.20 | 0.088 times |
| 01 Fri Mar 2024 | 1314.65 | 1330.15 | 1401.15 | 1274.95 | 0.58 times |
My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 1139.3, but if it comes above 1139.3, then a intra day buy could be more profitable.
If you take a sell trade below 1139.3, then use 1139.3 as stoploss and 1027.1 as target. However if you take a buy trade in stock , then use 1139.3 as stoploss and 1232.82 as target.
Share price targets for Rainbow (Rainbow)
| Target Type | Value |
| Downside Target | 993.70 |
| Downside Target | 1073.30 |
| Upside Target | 1114.80 |
| Upside Target | 1160.00 |
| Upside Target | 1270.80 |
| 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 | 1081 |
| Downside Intraday Target | 1052.5 |
| Upside Intraday Target | 1149 |
| Upside Intraday Target | 1188.5 |
| Upside Intraday Target | 1120.5 |
Weekly technical analysis of Rainbow (Rainbow)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 14 Thu Mar 2024 | 1109.50 | 1131.50 | 1160.00 | 1092.00 | 0.352 times |
| 07 Thu Mar 2024 | 1132.10 | 1280.35 | 1301.70 | 1114.80 | 0.659 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 |
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 |
| 14 Thu Mar 2024 | 1109.50 | 1330.15 | 1401.15 | 1092.00 | 0.576 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 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 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 mid to longer 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.
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 and the sell signal is strong.
Rainbow Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are weakening, and bulls are picking up momentum!
Ichimoku cloud is of red color and prices are below the red cloud Prices appear to be moving up
CCI has generated a buy signal for Rainbow in short term but BUY signal is weak.
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
Although the stock is in the BUY zone, but buying 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 1168.29 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 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 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 mid to longer 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.
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 and the sell signal is strong.
Rainbow Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are weakening, and bulls are picking up momentum!
Ichimoku cloud is of red color and prices are below the red cloud Prices appear to be moving up
CCI has generated a buy signal for Rainbow in short term but BUY signal is weak.
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
Although the stock is in the BUY zone, but buying 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 1168.29 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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