(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 2024-06-03 View latest technical analysis
10 day averaged volume of Rainbow is 11061
| Date | Daily Closing Price | Open | High | Low | Volume |
| 03 Mon Jun 2024 | 1281.70 | 1310.10 | 1350.00 | 1268.90 | 1.877 times |
| 31 Fri May 2024 | 1302.25 | 1230.00 | 1311.40 | 1222.90 | 3.585 times |
| 30 Thu May 2024 | 1231.30 | 1250.00 | 1250.60 | 1221.70 | 0.25 times |
| 29 Wed May 2024 | 1247.25 | 1260.25 | 1269.50 | 1241.05 | 0.571 times |
| 28 Tue May 2024 | 1273.75 | 1250.65 | 1296.20 | 1249.65 | 0.657 times |
| 27 Mon May 2024 | 1250.65 | 1281.70 | 1281.70 | 1217.85 | 0.676 times |
| 24 Fri May 2024 | 1242.05 | 1251.00 | 1260.00 | 1205.00 | 1.434 times |
| 23 Thu May 2024 | 1248.60 | 1276.40 | 1276.40 | 1244.35 | 1.052 times |
| 22 Wed May 2024 | 1259.75 | 1329.00 | 1329.50 | 1253.20 | 0.858 times |
| 21 Tue May 2024 | 1327.25 | 1379.95 | 1379.95 | 1322.95 | 0.704 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 1257.9 as stoploss in an intra day buy trade for a target of 1320.02. However, stock will show a bearish move below 1257.9.
Share price targets for Rainbow (Rainbow)
| Target Type | Value |
| Downside Target | 1092.00 |
| Downside Target | 1171.75 |
| Downside Target | 1205.00 |
| Downside Target | 1250.05 |
| Upside Target | 1311.40 |
| Upside Target | 1379.95 |
| Upside Target | 1393.00 |
| Upside Target | 1401.15 |
| Upside Target | 1405.00 |
| Upside Target | 1488.45 |
| Upside Target | 1649.00 |
Intraday share price targets for Rainbow (Rainbow)
| Target Type | Value |
| Downside Intraday Target | 1250.4 |
| Downside Intraday Target | 1219.1 |
| Upside Intraday Target | 1331.5 |
| Upside Intraday Target | 1381.3 |
| Upside Intraday Target | 1300.2 |
Weekly technical analysis of Rainbow (Rainbow)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 03 Mon Jun 2024 | 1281.70 | 1310.10 | 1350.00 | 1268.90 | 0.327 times |
| 31 Fri May 2024 | 1302.25 | 1281.70 | 1311.40 | 1217.85 | 1.418 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 |
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 |
| 03 Mon Jun 2024 | 1281.70 | 1310.10 | 1350.00 | 1268.90 | 0.07 times |
| 31 Fri May 2024 | 1302.25 | 1385.00 | 1649.00 | 1205.00 | 2.313 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 |
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 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 buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.
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 BUY. Signal strength is Weak and stock is gaining momentum.
MACD generated a SELL signal for Rainbow in short term and the sell signal is strong.
MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.
Rainbow Stock in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. 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 coming down
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
Stock of Rainbow is picking up buying momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 1276.28 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 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 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 buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.
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 BUY. Signal strength is Weak and stock is gaining momentum.
MACD generated a SELL signal for Rainbow in short term and the sell signal is strong.
MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.
Rainbow Stock in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. 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 coming down
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
Stock of Rainbow is picking up buying momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 1276.28 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 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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