(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 2024-07-26 View latest technical analysis
10 day averaged volume of Rainbow is 22943
| Date | Daily Closing Price | Open | High | Low | Volume |
| 26 Fri Jul 2024 | 1170.75 | 1155.00 | 1175.45 | 1140.05 | 0.692 times |
| 25 Thu Jul 2024 | 1148.70 | 1097.00 | 1159.05 | 1079.25 | 0.759 times |
| 24 Wed Jul 2024 | 1104.35 | 1122.20 | 1140.35 | 1098.00 | 1.054 times |
| 23 Tue Jul 2024 | 1122.20 | 1168.70 | 1168.70 | 1115.50 | 1.063 times |
| 22 Mon Jul 2024 | 1145.85 | 1163.30 | 1180.95 | 1140.00 | 3.173 times |
| 19 Fri Jul 2024 | 1163.35 | 1155.05 | 1193.50 | 1155.05 | 0.661 times |
| 18 Thu Jul 2024 | 1166.30 | 1172.05 | 1184.25 | 1148.20 | 1.541 times |
| 16 Tue Jul 2024 | 1185.90 | 1214.00 | 1214.00 | 1181.05 | 0.75 times |
| 15 Mon Jul 2024 | 1210.20 | 1239.50 | 1239.50 | 1197.50 | 0.532 times |
| 12 Fri Jul 2024 | 1230.60 | 1260.00 | 1260.00 | 1230.00 | 0.372 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 1156.9 as stoploss in an intra day buy trade for a target of 1218.72. However, stock will show a bearish move below 1156.9.
Share price targets for Rainbow (Rainbow)
| Target Type | Value |
| Downside Target | 1079.25 |
| Downside Target | 1148.20 |
| Upside Target | 1180.95 |
| Upside Target | 1205.00 |
| Upside Target | 1307.00 |
| Upside Target | 1311.60 |
| Upside Target | 1325.00 |
| Upside Target | 1359.95 |
| Upside Target | 1393.00 |
| Upside Target | 1401.15 |
| Upside Target | 1649.00 |
Intraday share price targets for Rainbow (Rainbow)
| Target Type | Value |
| Downside Intraday Target | 1106.35 |
| Downside Intraday Target | 1041.95 |
| Upside Intraday Target | 1208.05 |
| Upside Intraday Target | 1245.35 |
| Downside Intraday Target | 1143.65 |
Weekly technical analysis of Rainbow (Rainbow)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 26 Fri Jul 2024 | 1170.75 | 1163.30 | 1180.95 | 1079.25 | 1.934 times |
| 19 Fri Jul 2024 | 1163.35 | 1239.50 | 1239.50 | 1148.20 | 4.015 times |
| 12 Fri Jul 2024 | 1230.60 | 1307.00 | 1307.00 | 1230.00 | 0.386 times |
| 05 Fri Jul 2024 | 1295.30 | 1270.95 | 1325.00 | 1242.05 | 1.502 times |
| 28 Fri Jun 2024 | 1246.50 | 1309.90 | 1311.60 | 1242.65 | 1.1 times |
Price has moved up this week, and volume has increased substantially. This means that the move can continue in coming weeks.
Monthly technical analysis of Rainbow (Rainbow)
| Date | Monthly Closing Price | Open | High | Low | Volume |
| 26 Fri Jul 2024 | 1170.75 | 1270.95 | 1325.00 | 1079.25 | 1.979 times |
| 28 Fri Jun 2024 | 1246.50 | 1310.10 | 1359.95 | 1220.45 | 0.519 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 |
Scroll below to view daily charts
Price has moved down this month, and volume has increased substantially. This means that the move can 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 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 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 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 Strong and stock is losing 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 is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are weakening, and bulls are picking up momentum!
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 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 1154.29 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 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 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 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 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 Strong and stock is losing 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 is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are weakening, and bulls are picking up momentum!
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 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 1154.29 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 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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