(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 2024-04-08 View latest technical analysis
10 day averaged volume of Rainbow is 10402
| Date | Daily Closing Price | Open | High | Low | Volume |
| 08 Mon Apr 2024 | 1376.30 | 1370.00 | 1391.60 | 1358.40 | 0.726 times |
| 05 Fri Apr 2024 | 1350.30 | 1361.65 | 1383.45 | 1341.80 | 0.322 times |
| 04 Thu Apr 2024 | 1355.40 | 1359.30 | 1393.00 | 1336.60 | 1.124 times |
| 03 Wed Apr 2024 | 1335.20 | 1360.15 | 1362.10 | 1322.60 | 1.351 times |
| 02 Tue Apr 2024 | 1360.85 | 1374.35 | 1386.75 | 1340.45 | 0.617 times |
| 01 Mon Apr 2024 | 1350.60 | 1298.55 | 1362.55 | 1298.55 | 1.641 times |
| 28 Thu Mar 2024 | 1298.00 | 1259.30 | 1324.00 | 1245.80 | 0.551 times |
| 27 Wed Mar 2024 | 1247.90 | 1264.95 | 1266.45 | 1236.65 | 0.185 times |
| 26 Tue Mar 2024 | 1257.55 | 1239.75 | 1285.00 | 1207.35 | 1.202 times |
| 22 Fri Mar 2024 | 1251.25 | 1250.95 | 1272.75 | 1222.00 | 1.139 times |
My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 1334.1, but if it comes below 1334.1, then a intra day sell could be more profitable.
If you take a sell trade below 1334.1, then use 1334.1 as stoploss and 1234.45 as target. However if you take a buy trade in stock , then use 1334.1 as stoploss and 1453.7 as target.
Share price targets for Rainbow (Rainbow)
| Target Type | Value |
| Downside Target | 1073.30 |
| Downside Target | 1160.00 |
| Downside Target | 1207.35 |
| Downside Target | 1298.55 |
| Downside Target | 1324.00 |
| Downside Target | 1328.55 |
| Downside Target | 1358.40 |
| Upside Target | 1391.60 |
| Upside Target | 1393.00 |
| Upside Target | 1401.15 |
| Upside Target | 1488.45 |
Intraday share price targets for Rainbow (Rainbow)
| Target Type | Value |
| Downside Intraday Target | 1359.27 |
| Downside Intraday Target | 1342.23 |
| Upside Intraday Target | 1392.47 |
| Upside Intraday Target | 1408.63 |
| Downside Intraday Target | 1375.43 |
Weekly technical analysis of Rainbow (Rainbow)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 08 Mon Apr 2024 | 1376.30 | 1370.00 | 1391.60 | 1358.40 | 0.144 times |
| 05 Fri Apr 2024 | 1350.30 | 1298.55 | 1393.00 | 1298.55 | 2.608 times |
| 28 Thu Mar 2024 | 1298.00 | 1239.75 | 1324.00 | 1207.35 | 0.223 times |
| 22 Fri Mar 2024 | 1251.25 | 1110.30 | 1317.90 | 1106.50 | 2.048 times |
| 15 Fri Mar 2024 | 1106.50 | 1131.50 | 1160.00 | 1092.00 | 0.422 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 |
| 08 Mon Apr 2024 | 1376.30 | 1298.55 | 1393.00 | 1298.55 | 0.218 times |
| 28 Thu Mar 2024 | 1298.00 | 1330.15 | 1401.15 | 1092.00 | 1.007 times |
| 29 Thu Feb 2024 | 1356.25 | 1222.50 | 1488.45 | 1171.75 | 1.368 times |
| 31 Wed Jan 2024 | 1216.95 | 1193.05 | 1328.55 | 1182.60 | 0.847 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 positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.
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 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 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 but buying is losing 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 1320.85 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 positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.
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 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 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 but buying is losing 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 1320.85 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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