(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 2024-06-18 View latest technical analysis
10 day averaged volume of Rainbow is 8912
| Date | Daily Closing Price | Open | High | Low | Volume |
| 18 Tue Jun 2024 | 1320.40 | 1311.00 | 1325.95 | 1310.00 | 1.537 times |
| 14 Fri Jun 2024 | 1308.65 | 1341.85 | 1359.95 | 1299.00 | 1.396 times |
| 13 Thu Jun 2024 | 1308.65 | 1341.85 | 1359.95 | 1299.00 | 1.396 times |
| 12 Wed Jun 2024 | 1330.00 | 1320.00 | 1332.35 | 1306.70 | 0.325 times |
| 11 Tue Jun 2024 | 1297.05 | 1290.00 | 1310.95 | 1290.00 | 0.262 times |
| 10 Mon Jun 2024 | 1299.75 | 1331.50 | 1343.00 | 1295.75 | 1.194 times |
| 07 Fri Jun 2024 | 1311.70 | 1328.00 | 1328.00 | 1289.65 | 0.258 times |
| 06 Thu Jun 2024 | 1307.45 | 1309.00 | 1317.70 | 1264.45 | 1.048 times |
| 05 Wed Jun 2024 | 1279.05 | 1254.65 | 1316.80 | 1232.10 | 1.119 times |
| 04 Tue Jun 2024 | 1254.65 | 1308.95 | 1308.95 | 1220.45 | 0.673 times |
My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 1314.5, but if it comes below 1314.5, then a intra day sell could be more profitable.
If you take a sell trade below 1314.5, then use 1314.5 as stoploss and 1284.1 as target. However if you take a buy trade in stock , then use 1314.5 as stoploss and 1350.9 as target.
Share price targets for Rainbow (Rainbow)
| Target Type | Value |
| Downside Target | 1092.00 |
| Downside Target | 1171.75 |
| Downside Target | 1205.00 |
| Downside Target | 1250.05 |
| Downside Target | 1290.00 |
| Upside Target | 1359.95 |
| Upside Target | 1379.95 |
| Upside Target | 1393.00 |
| Upside Target | 1401.15 |
| Upside Target | 1488.45 |
| Upside Target | 1649.00 |
Intraday share price targets for Rainbow (Rainbow)
| Target Type | Value |
| Downside Intraday Target | 1311.62 |
| Downside Intraday Target | 1302.83 |
| Upside Intraday Target | 1327.57 |
| Upside Intraday Target | 1334.73 |
| Downside Intraday Target | 1318.78 |
Weekly technical analysis of Rainbow (Rainbow)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 18 Tue Jun 2024 | 1320.40 | 1311.00 | 1325.95 | 1310.00 | 0.336 times |
| 14 Fri Jun 2024 | 1308.65 | 1331.50 | 1359.95 | 1290.00 | 0.843 times |
| 07 Fri Jun 2024 | 1311.70 | 1310.10 | 1350.00 | 1220.45 | 0.762 times |
| 31 Fri May 2024 | 1302.25 | 1281.70 | 1311.40 | 1217.85 | 1.418 times |
| 24 Fri May 2024 | 1242.05 | 1379.95 | 1379.95 | 1205.00 | 1.478 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 |
| 18 Tue Jun 2024 | 1320.40 | 1310.10 | 1359.95 | 1220.45 | 0.345 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 |
| 28 Thu Mar 2024 | 1298.00 | 1330.15 | 1401.15 | 1092.00 | 1.007 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 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 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 negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small
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 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 in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. 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 positive zone. This is a BUY zone
Although the stock is in the BUY zone, but buying 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 1302.28 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 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 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 negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small
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 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 in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. 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 positive zone. This is a BUY zone
Although the stock is in the BUY zone, but buying 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 1302.28 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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