(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 2024-06-19 View latest technical analysis
10 day averaged volume of Rainbow is 8206
| Date | Daily Closing Price | Open | High | Low | Volume |
| 19 Wed Jun 2024 | 1299.75 | 1320.00 | 1336.95 | 1294.60 | 0.695 times |
| 18 Tue Jun 2024 | 1320.40 | 1311.00 | 1325.95 | 1310.00 | 1.669 times |
| 14 Fri Jun 2024 | 1308.65 | 1341.85 | 1359.95 | 1299.00 | 1.516 times |
| 13 Thu Jun 2024 | 1308.65 | 1341.85 | 1359.95 | 1299.00 | 1.516 times |
| 12 Wed Jun 2024 | 1330.00 | 1320.00 | 1332.35 | 1306.70 | 0.353 times |
| 11 Tue Jun 2024 | 1297.05 | 1290.00 | 1310.95 | 1290.00 | 0.284 times |
| 10 Mon Jun 2024 | 1299.75 | 1331.50 | 1343.00 | 1295.75 | 1.296 times |
| 07 Fri Jun 2024 | 1311.70 | 1328.00 | 1328.00 | 1289.65 | 0.28 times |
| 06 Thu Jun 2024 | 1307.45 | 1309.00 | 1317.70 | 1264.45 | 1.138 times |
| 05 Wed Jun 2024 | 1279.05 | 1254.65 | 1316.80 | 1232.10 | 1.216 times |
My analysis of stock is bullish for shortterm, but stock is in semi over bought zones and there are some chances of seeing a fall tomorrow. Use 1311.7 as stoploss in an intra day sell trade for a target of 1282.72. However, stock will show a bullish move above 1311.7.
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 |
| Downside Target | 1290.00 |
| Upside Target | 1359.95 |
| Upside Target | 1379.95 |
| Upside Target | 1393.00 |
| Upside Target | 1401.15 |
| Upside Target | 1488.45 |
| Upside Target | 1649.00 |
Intraday share price targets for Rainbow (Rainbow)
| Target Type | Value |
| Downside Intraday Target | 1283.92 |
| Downside Intraday Target | 1268.08 |
| Upside Intraday Target | 1326.27 |
| Upside Intraday Target | 1352.78 |
| Upside Intraday Target | 1310.43 |
Weekly technical analysis of Rainbow (Rainbow)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 19 Wed Jun 2024 | 1299.75 | 1311.00 | 1336.95 | 1294.60 | 0.476 times |
| 14 Fri Jun 2024 | 1308.65 | 1331.50 | 1359.95 | 1290.00 | 0.843 times |
| 07 Fri Jun 2024 | 1311.70 | 1310.10 | 1350.00 | 1220.45 | 0.762 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 |
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 |
| 19 Wed Jun 2024 | 1299.75 | 1310.10 | 1359.95 | 1220.45 | 0.364 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 negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small
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 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.
Price action analysis of Rainbow ( (Rainbow) ) based on a mid to longer 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.
ADX buy sell signal for Rainbow stock for short term is BUY. Signal strength is Weak and stock is losing momentum.
MACD generated a BUY signal for Rainbow in short term but the buy signal is initial and weak.
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 tired and bears 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 but SELL signal is weak.
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 1305.6 and Rainbow (Rainbow) stock is trading below this level. This means that stock is falling with high volumes. 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 sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small
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 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.
Price action analysis of Rainbow ( (Rainbow) ) based on a mid to longer 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.
ADX buy sell signal for Rainbow stock for short term is BUY. Signal strength is Weak and stock is losing momentum.
MACD generated a BUY signal for Rainbow in short term but the buy signal is initial and weak.
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 tired and bears 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 but SELL signal is weak.
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 1305.6 and Rainbow (Rainbow) stock is trading below this level. This means that stock is falling with high volumes. 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.
Click here for further forecast and predictions for tomorrow