(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 2024-08-14 View latest technical analysis
10 day averaged volume of Rainbow is 6866
| Date | Daily Closing Price | Open | High | Low | Volume |
| 14 Wed Aug 2024 | 1221.50 | 1180.25 | 1226.10 | 1180.25 | 2.848 times |
| 13 Tue Aug 2024 | 1203.00 | 1251.00 | 1251.00 | 1195.25 | 0.659 times |
| 12 Mon Aug 2024 | 1238.80 | 1235.00 | 1243.85 | 1212.35 | 0.725 times |
| 09 Fri Aug 2024 | 1226.85 | 1216.95 | 1232.80 | 1212.40 | 0.514 times |
| 08 Thu Aug 2024 | 1210.50 | 1190.05 | 1214.70 | 1187.25 | 1.542 times |
| 07 Wed Aug 2024 | 1180.70 | 1200.00 | 1211.80 | 1176.50 | 0.801 times |
| 06 Tue Aug 2024 | 1193.25 | 1158.70 | 1203.00 | 1158.70 | 0.618 times |
| 05 Mon Aug 2024 | 1167.65 | 1130.25 | 1181.95 | 1130.25 | 2.61 times |
| 02 Fri Aug 2024 | 1191.95 | 1194.65 | 1200.85 | 1182.55 | 0.462 times |
| 01 Thu Aug 2024 | 1193.70 | 1185.00 | 1197.35 | 1177.90 | 0.435 times |
Stock of Rainbow (Rainbow) has showed a significant upmove. This could be a good time to enter in this stock!
My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 1212.2, but if it comes below 1212.2, then a intra day sell could be more profitable.
If you take a sell trade below 1212.2, then use 1212.2 as stoploss and 1179.57 as target. However if you take a buy trade in stock , then use 1212.2 as stoploss and 1251.5 as target.
Share price targets for Rainbow (Rainbow)
| Target Type | Value |
| Downside Target | 1079.25 |
| Downside Target | 1130.25 |
| Downside Target | 1180.25 |
| Downside Target | 1205.00 |
| Upside Target | 1239.50 |
| Upside Target | 1250.05 |
| Upside Target | 1251.00 |
| Upside Target | 1325.00 |
| Upside Target | 1359.95 |
| Upside Target | 1393.00 |
| Upside Target | 1649.00 |
Intraday share price targets for Rainbow (Rainbow)
| Target Type | Value |
| Downside Intraday Target | 1184.17 |
| Downside Intraday Target | 1146.83 |
| Upside Intraday Target | 1254.92 |
| Upside Intraday Target | 1288.33 |
| Downside Intraday Target | 1217.58 |
Weekly technical analysis of Rainbow (Rainbow)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 14 Wed Aug 2024 | 1221.50 | 1235.00 | 1251.00 | 1180.25 | 0.696 times |
| 09 Fri Aug 2024 | 1226.85 | 1130.25 | 1232.80 | 1130.25 | 0.945 times |
| 02 Fri Aug 2024 | 1191.95 | 1199.95 | 1205.65 | 1155.00 | 0.286 times |
| 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 |
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 |
| 14 Wed Aug 2024 | 1221.50 | 1185.00 | 1251.00 | 1130.25 | 0.224 times |
| 31 Wed Jul 2024 | 1184.45 | 1270.95 | 1325.00 | 1079.25 | 2.225 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 |
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 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 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 SELL. 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 is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting tired and bears 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 SELL signal for Rainbow in short term but SELL 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 1200.96 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 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 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 SELL. 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 is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting tired and bears 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 SELL signal for Rainbow in short term but SELL 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 1200.96 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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