(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 2024-10-17 View latest technical analysis
10 day averaged volume of Rainbow is 6851
| Date | Daily Closing Price | Open | High | Low | Volume |
| 17 Thu Oct 2024 | 1450.40 | 1423.00 | 1460.00 | 1423.00 | 1.031 times |
| 16 Wed Oct 2024 | 1452.95 | 1468.55 | 1470.00 | 1436.70 | 0.431 times |
| 15 Tue Oct 2024 | 1468.15 | 1450.00 | 1473.85 | 1418.40 | 1.884 times |
| 14 Mon Oct 2024 | 1406.30 | 1409.40 | 1415.00 | 1390.00 | 0.326 times |
| 11 Fri Oct 2024 | 1409.40 | 1400.00 | 1415.30 | 1390.95 | 0.842 times |
| 10 Thu Oct 2024 | 1400.10 | 1395.70 | 1415.30 | 1390.40 | 0.385 times |
| 09 Wed Oct 2024 | 1390.75 | 1395.85 | 1423.25 | 1381.95 | 0.343 times |
| 08 Tue Oct 2024 | 1395.85 | 1370.05 | 1410.05 | 1360.95 | 1.252 times |
| 07 Mon Oct 2024 | 1374.65 | 1379.15 | 1396.35 | 1338.35 | 2.357 times |
| 03 Thu Oct 2024 | 1406.10 | 1453.90 | 1453.90 | 1385.60 | 0.832 times |
My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 1437.5, but if it comes below 1437.5, then a intra day sell could be more profitable.
If you take a sell trade below 1437.5, then use 1437.5 as stoploss and 1400.13 as target. However if you take a buy trade in stock , then use 1437.5 as stoploss and 1482.3 as target.
Share price targets for Rainbow (Rainbow)
| Target Type | Value |
| Downside Target | 1079.25 |
| Downside Target | 1130.25 |
| Downside Target | 1220.45 |
| Downside Target | 1250.25 |
| Downside Target | 1325.00 |
| Downside Target | 1410.00 |
| Downside Target | 1423.25 |
| Upside Target | 1464.75 |
| Upside Target | 1473.85 |
| Upside Target | 1516.45 |
Intraday share price targets for Rainbow (Rainbow)
| Target Type | Value |
| Downside Intraday Target | 1402.32 |
| Downside Intraday Target | 1354.23 |
| Upside Intraday Target | 1486.17 |
| Upside Intraday Target | 1521.93 |
| Downside Intraday Target | 1438.08 |
Weekly technical analysis of Rainbow (Rainbow)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 17 Thu Oct 2024 | 1450.40 | 1409.40 | 1473.85 | 1390.00 | 0.709 times |
| 11 Fri Oct 2024 | 1409.40 | 1379.15 | 1423.25 | 1338.35 | 0.989 times |
| 03 Thu Oct 2024 | 1406.10 | 1424.00 | 1464.75 | 1380.00 | 0.296 times |
| 27 Fri Sep 2024 | 1400.60 | 1370.05 | 1516.45 | 1348.55 | 1.145 times |
| 20 Fri Sep 2024 | 1378.20 | 1331.00 | 1410.00 | 1281.30 | 1.589 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 |
| 17 Thu Oct 2024 | 1450.40 | 1396.00 | 1473.85 | 1338.35 | 0.213 times |
| 30 Mon Sep 2024 | 1397.70 | 1284.70 | 1516.45 | 1250.25 | 2.411 times |
| 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 |
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 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 mid to longer 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.
ADX buy sell signal for Rainbow stock for short term is BUY. Signal strength is Strong and stock is losing 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 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 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 1415.51 and Rainbow (Rainbow) stock is trading above this level. This is a good sign for the stock and it could move higher. 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 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 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 mid to longer 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.
ADX buy sell signal for Rainbow stock for short term is BUY. Signal strength is Strong and stock is losing 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 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 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 1415.51 and Rainbow (Rainbow) stock is trading above this level. This is a good sign for the stock and it could move higher. 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 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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