(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 2024-06-06 View latest technical analysis
10 day averaged volume of Rainbow is 12771
| Date | Daily Closing Price | Open | High | Low | Volume |
| 06 Thu Jun 2024 | 1307.45 | 1309.00 | 1317.70 | 1264.45 | 0.731 times |
| 05 Wed Jun 2024 | 1279.05 | 1254.65 | 1316.80 | 1232.10 | 0.781 times |
| 04 Tue Jun 2024 | 1254.65 | 1308.95 | 1308.95 | 1220.45 | 0.47 times |
| 03 Mon Jun 2024 | 1281.70 | 1310.10 | 1350.00 | 1268.90 | 1.625 times |
| 31 Fri May 2024 | 1302.25 | 1230.00 | 1311.40 | 1222.90 | 3.105 times |
| 30 Thu May 2024 | 1231.30 | 1250.00 | 1250.60 | 1221.70 | 0.217 times |
| 29 Wed May 2024 | 1247.25 | 1260.25 | 1269.50 | 1241.05 | 0.495 times |
| 28 Tue May 2024 | 1273.75 | 1250.65 | 1296.20 | 1249.65 | 0.569 times |
| 27 Mon May 2024 | 1250.65 | 1281.70 | 1281.70 | 1217.85 | 0.586 times |
| 24 Fri May 2024 | 1242.05 | 1251.00 | 1260.00 | 1205.00 | 1.242 times |
My analysis of stock is bullish for shortterm, and stock might move up till 1353.3 or till 1414.9. Use a stoploss of 1301.93 and if this stock hits its stoploss, then it can fall down till 1250.57
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 | 1235.27 |
| Downside Intraday Target | 1163.08 |
| Upside Intraday Target | 1364.82 |
| Upside Intraday Target | 1422.18 |
| Downside Intraday Target | 1292.63 |
Weekly technical analysis of Rainbow (Rainbow)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 06 Thu Jun 2024 | 1307.45 | 1310.10 | 1350.00 | 1220.45 | 0.726 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 up 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 |
| 06 Thu Jun 2024 | 1307.45 | 1310.10 | 1350.00 | 1220.45 | 0.154 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 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 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 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 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 in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. 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 BUY signal in short term but buying is losing 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 1278.44 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 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 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 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 in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. 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 BUY signal in short term but buying is losing 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 1278.44 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 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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