(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 2024-06-26 View latest technical analysis
10 day averaged volume of Rainbow is 6795
| Date | Daily Closing Price | Open | High | Low | Volume |
| 26 Wed Jun 2024 | 1275.30 | 1274.55 | 1295.00 | 1269.15 | 1.307 times |
| 25 Tue Jun 2024 | 1271.70 | 1282.00 | 1285.00 | 1260.05 | 0.368 times |
| 24 Mon Jun 2024 | 1298.25 | 1309.90 | 1311.60 | 1281.75 | 0.609 times |
| 21 Fri Jun 2024 | 1298.25 | 1309.90 | 1311.60 | 1281.75 | 0.609 times |
| 20 Thu Jun 2024 | 1293.55 | 1315.00 | 1315.00 | 1280.85 | 1.127 times |
| 19 Wed Jun 2024 | 1299.75 | 1320.00 | 1336.95 | 1294.60 | 0.839 times |
| 18 Tue Jun 2024 | 1320.40 | 1311.00 | 1325.95 | 1310.00 | 2.016 times |
| 14 Fri Jun 2024 | 1308.65 | 1341.85 | 1359.95 | 1299.00 | 1.831 times |
| 13 Thu Jun 2024 | 1308.65 | 1341.85 | 1359.95 | 1299.00 | 1.831 times |
| 12 Wed Jun 2024 | 1330.00 | 1320.00 | 1332.35 | 1306.70 | 0.426 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 1266.6 as stoploss in an intra day buy trade for a target of 1290.83. However, stock will show a bearish move below 1266.6.
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 | 1336.95 |
| Upside Target | 1350.00 |
| Upside Target | 1359.95 |
| 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 | 1253.03 |
| Downside Intraday Target | 1230.77 |
| Upside Intraday Target | 1304.58 |
| Upside Intraday Target | 1333.87 |
| Upside Intraday Target | 1282.32 |
Weekly technical analysis of Rainbow (Rainbow)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 26 Wed Jun 2024 | 1275.30 | 1309.90 | 1311.60 | 1260.05 | 0.498 times |
| 21 Fri Jun 2024 | 1298.25 | 1311.00 | 1336.95 | 1280.85 | 0.766 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 |
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 |
| 26 Wed Jun 2024 | 1275.30 | 1310.10 | 1359.95 | 1220.45 | 0.456 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 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 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 neutral. A longer time frame might give a better analysis.
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 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 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 moving up
CCI has generated a buy signal for Rainbow in short term but BUY signal is weak.
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 1303.04 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 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 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 neutral. A longer time frame might give a better analysis.
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 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 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 moving up
CCI has generated a buy signal for Rainbow in short term but BUY signal is weak.
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 1303.04 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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