(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 2024-04-19 View latest technical analysis
10 day averaged volume of Rainbow is 6746
| Date | Daily Closing Price | Open | High | Low | Volume |
| 19 Fri Apr 2024 | 1303.30 | 1297.60 | 1312.05 | 1294.35 | 0.521 times |
| 18 Thu Apr 2024 | 1299.30 | 1315.00 | 1319.35 | 1287.50 | 0.817 times |
| 16 Tue Apr 2024 | 1313.35 | 1309.60 | 1320.00 | 1306.60 | 0.25 times |
| 15 Mon Apr 2024 | 1320.10 | 1250.05 | 1343.45 | 1250.05 | 1.24 times |
| 12 Fri Apr 2024 | 1340.90 | 1359.35 | 1367.55 | 1330.00 | 0.367 times |
| 10 Wed Apr 2024 | 1338.35 | 1357.10 | 1359.70 | 1324.10 | 1.103 times |
| 09 Tue Apr 2024 | 1357.10 | 1389.00 | 1389.00 | 1340.00 | 0.79 times |
| 08 Mon Apr 2024 | 1376.30 | 1370.00 | 1391.60 | 1358.40 | 1.119 times |
| 05 Fri Apr 2024 | 1350.30 | 1361.65 | 1383.45 | 1341.80 | 0.496 times |
| 04 Thu Apr 2024 | 1355.40 | 1359.30 | 1393.00 | 1336.60 | 1.734 times |
My analysis of stock is bearish for shortterm, and stock might move down till 1257.5 or till 1197.3. Use a stoploss of 1307.7 and if the stock hits stoploss, then it can shoot up till 1357.9
Share price targets for Rainbow (Rainbow)
| Target Type | Value |
| Downside Target | 1073.30 |
| Downside Target | 1171.75 |
| Downside Target | 1207.35 |
| Downside Target | 1250.05 |
| Downside Target | 1298.55 |
| Upside Target | 1328.55 |
| Upside Target | 1343.45 |
| 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 | 1254.42 |
| Downside Intraday Target | 1205.53 |
| Upside Intraday Target | 1347.82 |
| Upside Intraday Target | 1392.33 |
| Downside Intraday Target | 1298.93 |
Weekly technical analysis of Rainbow (Rainbow)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 19 Fri Apr 2024 | 1303.30 | 1250.05 | 1343.45 | 1250.05 | 0.837 times |
| 12 Fri Apr 2024 | 1340.90 | 1370.00 | 1391.60 | 1324.10 | 0.434 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 |
Price has moved down 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 |
| 19 Fri Apr 2024 | 1303.30 | 1298.55 | 1393.00 | 1250.05 | 0.343 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 negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on 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 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 SELL. Signal strength is Weak and stock is gaining momentum.
MACD generated a SELL signal for Rainbow in short term but the sell signal is initial and weak.
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. Bears are getting stronger in this stock.
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 buy signal for Rainbow in short term but BUY 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
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 1340.08 and Rainbow (Rainbow) stock is trading below this level. This means that stock is falling with high volumes. 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 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 negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on 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 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 SELL. Signal strength is Weak and stock is gaining momentum.
MACD generated a SELL signal for Rainbow in short term but the sell signal is initial and weak.
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. Bears are getting stronger in this stock.
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 buy signal for Rainbow in short term but BUY 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
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 1340.08 and Rainbow (Rainbow) stock is trading below this level. This means that stock is falling with high volumes. 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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