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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)

10 day averaged volume of Rainbow is 6466

Date Daily Closing Price Open High Low Volume
06 Fri Sep 2024 1280.50 1283.00 1317.00 1271.85 2.702 times
05 Thu Sep 2024 1282.25 1284.55 1300.00 1275.45 0.794 times
04 Wed Sep 2024 1263.10 1265.00 1281.25 1250.25 0.575 times
03 Tue Sep 2024 1265.20 1275.00 1287.10 1256.60 0.616 times
02 Mon Sep 2024 1277.25 1284.70 1284.70 1263.20 1.648 times
30 Fri Aug 2024 1267.60 1240.40 1274.20 1236.80 0.43 times
29 Thu Aug 2024 1239.15 1257.95 1257.95 1234.00 1.093 times
28 Wed Aug 2024 1239.70 1240.95 1259.00 1233.65 1.39 times
27 Tue Aug 2024 1240.55 1234.55 1250.00 1231.75 0.278 times
26 Mon Aug 2024 1233.75 1259.90 1259.90 1225.00 0.951 times

Stock of Rainbow (Rainbow) has showed a significant fall. This could be a good time to exit from 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 1264.2, but if it comes below 1264.2, then a intra day sell could be more profitable.
If you take a sell trade below 1264.2, then use 1264.2 as stoploss and 1236.87 as target. However if you take a buy trade in stock , then use 1264.2 as stoploss and 1297 as target.

Share price targets for Rainbow (Rainbow)

Target Type Value
Downside Target 1079.25
Downside Target 1130.25
Downside Target 1180.15
Downside Target 1205.00
Downside Target 1258.80
Downside Target 1274.20
Upside Target 1317.00
Upside Target 1325.00
Upside Target 1359.95
Upside Target 1649.00

Intraday share price targets for Rainbow (Rainbow)

Target Type Value
Downside Intraday Target 1248.17
Downside Intraday Target 1215.83
Upside Intraday Target 1314.92
Upside Intraday Target 1349.33
Upside Intraday Target 1282.58

Weekly technical analysis of Rainbow (Rainbow)

Date Weekly Closing Price Open High Low Volume
06 Fri Sep 2024 1280.50 1284.70 1317.00 1250.25 1.529 times
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

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
06 Fri Sep 2024 1280.50 1284.70 1317.00 1250.25 0.278 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
28 Fri Jun 2024 1246.50 1310.10 1359.95 1220.45 0.519 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 positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.

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 tired and bears are picking up momentum.

Ichimoku cloud is of green color and prices are above the green cloud Prices appear to be coming down

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 positive zone. This is a BUY zone

Stock of Rainbow is picking up buying momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 1262.7 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 positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.

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 tired and bears are picking up momentum.

Ichimoku cloud is of green color and prices are above the green cloud Prices appear to be coming down

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 positive zone. This is a BUY zone

Stock of Rainbow is picking up buying momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 1262.7 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.

Click here for Rainbow charts

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Daily charts

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