(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 2024-06-04 View latest technical analysis
10 day averaged volume of Rainbow is 12901
| Date | Daily Closing Price | Open | High | Low | Volume |
| 04 Tue Jun 2024 | 1254.65 | 1308.95 | 1308.95 | 1220.45 | 0.465 times |
| 03 Mon Jun 2024 | 1281.70 | 1310.10 | 1350.00 | 1268.90 | 1.609 times |
| 31 Fri May 2024 | 1302.25 | 1230.00 | 1311.40 | 1222.90 | 3.074 times |
| 30 Thu May 2024 | 1231.30 | 1250.00 | 1250.60 | 1221.70 | 0.214 times |
| 29 Wed May 2024 | 1247.25 | 1260.25 | 1269.50 | 1241.05 | 0.49 times |
| 28 Tue May 2024 | 1273.75 | 1250.65 | 1296.20 | 1249.65 | 0.563 times |
| 27 Mon May 2024 | 1250.65 | 1281.70 | 1281.70 | 1217.85 | 0.58 times |
| 24 Fri May 2024 | 1242.05 | 1251.00 | 1260.00 | 1205.00 | 1.23 times |
| 23 Thu May 2024 | 1248.60 | 1276.40 | 1276.40 | 1244.35 | 0.902 times |
| 22 Wed May 2024 | 1259.75 | 1329.00 | 1329.50 | 1253.20 | 0.736 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 1254.1 as stoploss in an intra day buy trade for a target of 1310.34. However, stock will show a bearish move below 1254.1.
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 | 1200.07 |
| Downside Intraday Target | 1145.48 |
| Upside Intraday Target | 1329.62 |
| Upside Intraday Target | 1404.58 |
| Upside Intraday Target | 1275.03 |
Weekly technical analysis of Rainbow (Rainbow)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 04 Tue Jun 2024 | 1254.65 | 1310.10 | 1350.00 | 1220.45 | 0.422 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 |
| 04 Tue Jun 2024 | 1254.65 | 1310.10 | 1350.00 | 1220.45 | 0.09 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 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 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 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 Weak and stock is losing momentum.
MACD generated a SELL signal for Rainbow in short term and the sell signal is strong.
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 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 1272.13 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 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 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 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 Weak and stock is losing momentum.
MACD generated a SELL signal for Rainbow in short term and the sell signal is strong.
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 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 1272.13 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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