(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 2024-05-02 View latest technical analysis
10 day averaged volume of Rainbow is 4517
| Date | Daily Closing Price | Open | High | Low | Volume |
| 02 Thu May 2024 | 1386.25 | 1385.00 | 1431.00 | 1375.45 | 2.163 times |
| 30 Tue Apr 2024 | 1374.45 | 1375.05 | 1382.85 | 1365.70 | 0.524 times |
| 29 Mon Apr 2024 | 1360.65 | 1369.40 | 1369.40 | 1334.15 | 2.126 times |
| 26 Fri Apr 2024 | 1343.85 | 1323.30 | 1352.00 | 1322.15 | 1.997 times |
| 25 Thu Apr 2024 | 1316.95 | 1358.95 | 1358.95 | 1305.50 | 1.037 times |
| 24 Wed Apr 2024 | 1355.55 | 1365.65 | 1366.35 | 1351.90 | 0.356 times |
| 23 Tue Apr 2024 | 1343.40 | 1276.20 | 1349.95 | 1276.20 | 0.665 times |
| 22 Mon Apr 2024 | 1296.90 | 1297.45 | 1310.35 | 1290.95 | 0.923 times |
| 19 Fri Apr 2024 | 1303.30 | 1297.60 | 1312.05 | 1294.35 | 0.779 times |
| 18 Thu Apr 2024 | 1299.30 | 1315.00 | 1319.35 | 1287.50 | 1.221 times |
Stock of Rainbow (Rainbow) has showed a significant upmove. This could be a good time to enter in this stock!
Although my analysis for stock is bullish for shortterm, but stock is over bought and there are high chances of some profit booking tomorrow. You might want to sell the stock tomorrow in intra day with a stoploss of 1397.3, for a target of 1366.8 or 1341.42
Share price targets for Rainbow (Rainbow)
| Target Type | Value |
| Downside Target | 1092.00 |
| Downside Target | 1171.75 |
| Downside Target | 1250.05 |
| Downside Target | 1276.20 |
| Downside Target | 1375.45 |
| Upside Target | 1391.60 |
| Upside Target | 1393.00 |
| Upside Target | 1401.15 |
| Upside Target | 1431.00 |
| Upside Target | 1488.45 |
Intraday share price targets for Rainbow (Rainbow)
| Target Type | Value |
| Downside Intraday Target | 1336.6 |
| Downside Intraday Target | 1286.95 |
| Upside Intraday Target | 1433.45 |
| Upside Intraday Target | 1480.65 |
| Downside Intraday Target | 1383.8 |
Weekly technical analysis of Rainbow (Rainbow)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 02 Thu May 2024 | 1386.25 | 1369.40 | 1431.00 | 1334.15 | 0.967 times |
| 26 Fri Apr 2024 | 1343.85 | 1297.45 | 1366.35 | 1276.20 | 1.178 times |
| 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 |
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 |
| 02 Thu May 2024 | 1386.25 | 1385.00 | 1431.00 | 1375.45 | 0.076 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 |
| 29 Thu Feb 2024 | 1356.25 | 1222.50 | 1488.45 | 1171.75 | 1.368 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 buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.
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 positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.
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 tired and bears are picking up momentum.
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 SELL signal in short term
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 1343.02 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 buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.
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 positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.
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 tired and bears are picking up momentum.
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 SELL signal in short term
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 1343.02 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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