(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 2024-03-18 View latest technical analysis
10 day averaged volume of Rainbow is 15093
| Date | Daily Closing Price | Open | High | Low | Volume |
| 18 Mon Mar 2024 | 1125.55 | 1110.30 | 1140.00 | 1106.50 | 0.619 times |
| 15 Fri Mar 2024 | 1106.50 | 1138.45 | 1138.45 | 1101.25 | 0.482 times |
| 14 Thu Mar 2024 | 1109.50 | 1100.05 | 1160.00 | 1100.00 | 0.325 times |
| 13 Wed Mar 2024 | 1101.10 | 1099.25 | 1140.95 | 1092.00 | 0.983 times |
| 12 Tue Mar 2024 | 1099.55 | 1137.70 | 1140.75 | 1097.80 | 0.384 times |
| 11 Mon Mar 2024 | 1133.25 | 1131.50 | 1153.80 | 1126.05 | 0.752 times |
| 07 Thu Mar 2024 | 1132.10 | 1128.05 | 1165.00 | 1122.95 | 0.592 times |
| 06 Wed Mar 2024 | 1120.55 | 1179.75 | 1179.75 | 1114.80 | 0.941 times |
| 05 Tue Mar 2024 | 1157.00 | 1200.00 | 1221.90 | 1141.45 | 2.727 times |
| 04 Mon Mar 2024 | 1199.30 | 1280.35 | 1301.70 | 1190.00 | 2.676 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 1119.6 as stoploss in an intra day buy trade for a target of 1219.03. However, stock will show a bearish move below 1119.6.
Share price targets for Rainbow (Rainbow)
| Target Type | Value |
| Downside Target | 993.70 |
| Downside Target | 1073.30 |
| Upside Target | 1140.00 |
| Upside Target | 1215.00 |
| Upside Target | 1230.75 |
| Upside Target | 1270.80 |
| Upside Target | 1301.70 |
| Upside Target | 1328.55 |
| 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 | 1108.03 |
| Downside Intraday Target | 1090.52 |
| Upside Intraday Target | 1141.53 |
| Upside Intraday Target | 1157.52 |
| Downside Intraday Target | 1124.02 |
Weekly technical analysis of Rainbow (Rainbow)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 18 Mon Mar 2024 | 1125.55 | 1110.30 | 1140.00 | 1106.50 | 0.211 times |
| 15 Fri Mar 2024 | 1106.50 | 1131.50 | 1160.00 | 1092.00 | 0.422 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 |
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 |
| 18 Mon Mar 2024 | 1125.55 | 1330.15 | 1401.15 | 1092.00 | 0.637 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 neutral. A longer time frame might give a better analysis.
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 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 1148.42 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 neutral. A longer time frame might give a better analysis.
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 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 1148.42 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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