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(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 2024-08-30 View latest technical analysis

10 day averaged volume of Rainbow is 6758

Date Daily Closing Price Open High Low Volume
30 Fri Aug 2024 1267.60 1240.40 1274.20 1236.80 0.411 times
29 Thu Aug 2024 1239.15 1257.95 1257.95 1234.00 1.046 times
28 Wed Aug 2024 1239.70 1240.95 1259.00 1233.65 1.33 times
27 Tue Aug 2024 1240.55 1234.55 1250.00 1231.75 0.266 times
26 Mon Aug 2024 1233.75 1259.90 1259.90 1225.00 0.91 times
23 Fri Aug 2024 1235.70 1196.70 1258.80 1196.70 2.129 times
22 Thu Aug 2024 1213.05 1210.00 1218.05 1197.70 0.867 times
21 Wed Aug 2024 1209.25 1198.05 1211.50 1195.20 0.26 times
20 Tue Aug 2024 1201.05 1201.95 1215.95 1198.80 0.448 times
19 Mon Aug 2024 1201.90 1195.00 1209.05 1180.15 1.845 times

Although my analysis for stock is bullish for shortterm, but stock is over bought and there are high chances of some profit booking tomorrow. You might want to sell the stock tomorrow in intra day with a stoploss of 1268.3, for a target of 1239.6 or 1215.66

Share price targets for Rainbow (Rainbow)

Target Type Value
Downside Target 1079.25
Downside Target 1130.25
Downside Target 1155.00
Downside Target 1180.15
Downside Target 1205.00
Downside Target 1258.80
Upside Target 1274.20
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 1237
Downside Intraday Target 1206.4
Upside Intraday Target 1286.2
Upside Intraday Target 1304.8
Downside Intraday Target 1255.6

Weekly technical analysis of Rainbow (Rainbow)

Date Weekly Closing Price Open High Low Volume
30 Fri Aug 2024 1267.60 1259.90 1274.20 1225.00 0.714 times
23 Fri Aug 2024 1235.70 1195.00 1258.80 1180.15 1.067 times
16 Fri Aug 2024 1197.30 1235.00 1251.00 1180.25 0.841 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

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
30 Fri Aug 2024 1267.60 1185.00 1274.20 1130.25 0.428 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 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 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 BUY. Signal strength is Strong and stock is gaining momentum.

MACD generated a BUY signal for Rainbow in short term and the buy 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 HIGHS, which reflects strong buying momentum in short term! Bulls are getting stronger in this stock.

Ichimoku cloud is of green color and prices are above the green 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 and the buying is gaining 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 1226.99 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 positive

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 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 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 BUY. Signal strength is Strong and stock is gaining momentum.

MACD generated a BUY signal for Rainbow in short term and the buy 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 HIGHS, which reflects strong buying momentum in short term! Bulls are getting stronger in this stock.

Ichimoku cloud is of green color and prices are above the green 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 and the buying is gaining 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 1226.99 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 positive

Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.

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