(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 2024-05-18 View latest technical analysis
10 day averaged volume of Rainbow is 15977
| Date | Daily Closing Price | Open | High | Low | Volume |
| 18 Sat May 2024 | 1393.75 | 1360.00 | 1405.00 | 1341.35 | 0.147 times |
| 17 Fri May 2024 | 1340.25 | 1360.00 | 1367.00 | 1332.95 | 0.306 times |
| 16 Thu May 2024 | 1346.25 | 1332.30 | 1369.00 | 1332.30 | 0.589 times |
| 15 Wed May 2024 | 1334.85 | 1379.95 | 1379.95 | 1330.00 | 0.156 times |
| 14 Tue May 2024 | 1354.70 | 1385.95 | 1385.95 | 1341.65 | 0.305 times |
| 13 Mon May 2024 | 1360.40 | 1385.05 | 1385.95 | 1338.05 | 0.393 times |
| 10 Fri May 2024 | 1402.70 | 1407.95 | 1432.35 | 1356.00 | 0.651 times |
| 09 Thu May 2024 | 1400.75 | 1354.00 | 1419.00 | 1354.00 | 1.649 times |
| 08 Wed May 2024 | 1354.00 | 1434.30 | 1448.00 | 1335.05 | 1.284 times |
| 07 Tue May 2024 | 1448.15 | 1571.35 | 1571.35 | 1440.30 | 1.62 times |
My analysis of stock is bullish for shortterm, and stock might move up till 1438.9 or till 1512.1. Use a stoploss of 1377.9 and if this stock hits its stoploss, then it can fall down till 1316.89
Share price targets for Rainbow (Rainbow)
| Target Type | Value |
| Downside Target | 1092.00 |
| Downside Target | 1171.75 |
| Downside Target | 1250.05 |
| Downside Target | 1276.20 |
| Downside Target | 1328.55 |
| Downside Target | 1393.00 |
| Upside Target | 1401.15 |
| Upside Target | 1405.00 |
| Upside Target | 1488.45 |
| Upside Target | 1490.00 |
| Upside Target | 1649.00 |
Intraday share price targets for Rainbow (Rainbow)
| Target Type | Value |
| Downside Intraday Target | 1347.5 |
| Downside Intraday Target | 1301.25 |
| Upside Intraday Target | 1422.5 |
| Upside Intraday Target | 1451.25 |
| Downside Intraday Target | 1376.25 |
Weekly technical analysis of Rainbow (Rainbow)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 18 Sat May 2024 | 1393.75 | 1385.05 | 1405.00 | 1330.00 | 0.23 times |
| 10 Fri May 2024 | 1402.70 | 1490.30 | 1649.00 | 1335.05 | 3.312 times |
| 03 Fri May 2024 | 1461.55 | 1369.40 | 1490.00 | 1334.15 | 1.77 times |
| 26 Fri Apr 2024 | 1343.85 | 1297.45 | 1366.35 | 1276.20 | 1.178 times |
| 19 Fri Apr 2024 | 1303.30 | 1250.05 | 1343.45 | 1250.05 | 0.837 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 |
| 18 Sat May 2024 | 1393.75 | 1385.00 | 1649.00 | 1330.00 | 1.473 times |
| 30 Tue Apr 2024 | 1374.45 | 1298.55 | 1393.00 | 1250.05 | 0.468 times |
| 28 Thu Mar 2024 | 1298.00 | 1330.15 | 1401.15 | 1092.00 | 1.007 times |
| 29 Thu Feb 2024 | 1356.25 | 1222.50 | 1488.45 | 1171.75 | 1.368 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 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 short 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 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 positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.
ADX buy sell signal for Rainbow stock for short term is BUY. Signal strength is Strong and stock is gaining momentum.
MACD generated a SELL signal for Rainbow in short term but the sell 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 LOWS in short term which reflects strong selling momentum. Bears are weakening, and bulls are picking up momentum!
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 BUY signal in short term and the buying is gaining 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 1390.36 and Rainbow (Rainbow) stock is trading above this level. This is a good sign for the stock and it could move higher. 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 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 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 short 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 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 positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.
ADX buy sell signal for Rainbow stock for short term is BUY. Signal strength is Strong and stock is gaining momentum.
MACD generated a SELL signal for Rainbow in short term but the sell 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 LOWS in short term which reflects strong selling momentum. Bears are weakening, and bulls are picking up momentum!
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 BUY signal in short term and the buying is gaining 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 1390.36 and Rainbow (Rainbow) stock is trading above this level. This is a good sign for the stock and it could move higher. 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 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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