(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 2024-03-22 View latest technical analysis
10 day averaged volume of Rainbow is 13170
| Date | Daily Closing Price | Open | High | Low | Volume |
| 22 Fri Mar 2024 | 1251.25 | 1250.95 | 1272.75 | 1222.00 | 0.9 times |
| 21 Thu Mar 2024 | 1240.25 | 1277.00 | 1278.70 | 1223.45 | 1.475 times |
| 20 Wed Mar 2024 | 1279.45 | 1198.55 | 1317.90 | 1175.40 | 2.524 times |
| 19 Tue Mar 2024 | 1178.45 | 1130.10 | 1203.15 | 1127.15 | 1.26 times |
| 18 Mon Mar 2024 | 1125.55 | 1110.30 | 1140.00 | 1106.50 | 0.709 times |
| 15 Fri Mar 2024 | 1106.50 | 1138.45 | 1138.45 | 1101.25 | 0.552 times |
| 14 Thu Mar 2024 | 1109.50 | 1100.05 | 1160.00 | 1100.00 | 0.373 times |
| 13 Wed Mar 2024 | 1101.10 | 1099.25 | 1140.95 | 1092.00 | 1.127 times |
| 12 Tue Mar 2024 | 1099.55 | 1137.70 | 1140.75 | 1097.80 | 0.44 times |
| 11 Mon Mar 2024 | 1133.25 | 1131.50 | 1153.80 | 1126.05 | 0.861 times |
My analysis of stock is bullish for shortterm, and stock might move up till 1308.5 or till 1425.4. Use a stoploss of 1211.15 and if this stock hits its stoploss, then it can fall down till 1113.76
Share price targets for Rainbow (Rainbow)
| Target Type | Value |
| Downside Target | 993.70 |
| Downside Target | 1073.30 |
| Downside Target | 1160.00 |
| Downside Target | 1215.00 |
| Upside Target | 1270.80 |
| Upside Target | 1301.70 |
| Upside Target | 1317.90 |
| 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 | 1132.53 |
| Downside Intraday Target | 1013.82 |
| Upside Intraday Target | 1343.93 |
| Upside Intraday Target | 1436.62 |
| Downside Intraday Target | 1225.22 |
Weekly technical analysis of Rainbow (Rainbow)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 22 Fri Mar 2024 | 1251.25 | 1110.30 | 1317.90 | 1106.50 | 2.048 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, and volume has increased substantially. This means that the move can continue in coming weeks.
Monthly technical analysis of Rainbow (Rainbow)
| Date | Monthly Closing Price | Open | High | Low | Volume |
| 22 Fri Mar 2024 | 1251.25 | 1330.15 | 1401.15 | 1092.00 | 0.934 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 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 short 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 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 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 BUY. Signal strength is Strong and stock is losing momentum.
MACD generated a BUY signal for Rainbow in short term but the buy signal is initial and weak.
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 HIGHS, which reflects strong buying momentum in short term! Bulls are getting stronger in this stock.
Ichimoku cloud is of red color and prices are in or above the red 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 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 1192.91 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 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 short 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 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 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 BUY. Signal strength is Strong and stock is losing momentum.
MACD generated a BUY signal for Rainbow in short term but the buy signal is initial and weak.
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 HIGHS, which reflects strong buying momentum in short term! Bulls are getting stronger in this stock.
Ichimoku cloud is of red color and prices are in or above the red 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 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 1192.91 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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