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(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 2024-05-30 View latest technical analysis

10 day averaged volume of Rainbow is 8248

Date Daily Closing Price Open High Low Volume
30 Thu May 2024 1231.30 1250.00 1250.60 1221.70 0.335 times
29 Wed May 2024 1247.25 1260.25 1269.50 1241.05 0.766 times
28 Tue May 2024 1273.75 1250.65 1296.20 1249.65 0.88 times
27 Mon May 2024 1250.65 1281.70 1281.70 1217.85 0.907 times
24 Fri May 2024 1242.05 1251.00 1260.00 1205.00 1.923 times
23 Thu May 2024 1248.60 1276.40 1276.40 1244.35 1.411 times
22 Wed May 2024 1259.75 1329.00 1329.50 1253.20 1.15 times
21 Tue May 2024 1327.25 1379.95 1379.95 1322.95 0.944 times
18 Sat May 2024 1393.75 1360.00 1405.00 1341.35 0.285 times
17 Fri May 2024 1340.25 1360.00 1367.00 1332.95 0.592 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 1255.3, but if it comes above 1255.3, then a intra day buy could be more profitable.
If you take a sell trade below 1255.3, then use 1255.3 as stoploss and 1150 as target. However if you take a buy trade in stock , then use 1255.3 as stoploss and 1343.03 as target.

Share price targets for Rainbow (Rainbow)

Target Type Value
Downside Target 1092.00
Downside Target 1171.75
Upside Target 1250.05
Upside Target 1296.20
Upside Target 1328.55
Upside Target 1379.95
Upside 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 1200.7
Downside Intraday Target 1170.1
Upside Intraday Target 1279.05
Upside Intraday Target 1326.8
Upside Intraday Target 1248.45

Weekly technical analysis of Rainbow (Rainbow)

Date Weekly Closing Price Open High Low Volume
30 Thu May 2024 1231.30 1281.70 1296.20 1217.85 0.532 times
24 Fri May 2024 1242.05 1379.95 1379.95 1205.00 1.478 times
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

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
30 Thu May 2024 1231.30 1385.00 1649.00 1205.00 2.006 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 down this month, and volume has increased substantially. This means that the move can 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 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 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 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 SELL. Signal strength is Strong and stock is gaining 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 getting stronger in this stock.

Ichimoku cloud is of red color and prices are below the red 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 BUY signal in short term and the buying is gaining 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 1268.97 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 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 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 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 SELL. Signal strength is Strong and stock is gaining 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 getting stronger in this stock.

Ichimoku cloud is of red color and prices are below the red 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 BUY signal in short term and the buying is gaining 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 1268.97 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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Daily charts

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