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(RainbowFoun) Rainbow Foun complete technical analysis [charts+indicators] | Buy/Sell Rainbow Foun | (RainbowFoun) share price targets

Complete technical analysis of Rainbow Foun (RainbowFoun) by charts plus indicators, forecast predictions and share price targets for Rainbow Foun (RainbowFoun)

10 day averaged volume of Rainbow Foun is 7454

Date Daily Closing Price Open High Low Volume
30 Tue Apr 2024 15.62 15.79 16.57 15.61 0.452 times
29 Mon Apr 2024 15.79 16.15 16.15 15.45 0.54 times
26 Fri Apr 2024 16.05 16.10 16.10 15.60 0.375 times
25 Thu Apr 2024 16.06 15.95 16.15 15.75 0.438 times
24 Wed Apr 2024 15.83 15.69 15.86 15.21 1.189 times

My analysis of stock is bearish for shortterm, and stock might move down till 15 or till 14.1. Use a stoploss of 15.66 and if the stock hits stoploss, then it can shoot up till 16.36

Share price targets for Rainbow Foun (RainbowFoun)

Target Type Value
Downside Target 11.01
Downside Target 13.06
Downside Target 13.58
Downside Target 13.90
Downside Target 14.70
Downside Target 15.21
Upside Target 16.57
Upside Target 16.95
Upside Target 17.05
Upside Target 17.10
Upside Target 17.36
Upside Target 17.49
Upside Target 19.65

Intraday share price targets for Rainbow Foun (RainbowFoun)

Target Type Value
Downside Intraday Target 15.19
Downside Intraday Target 14.76
Upside Intraday Target 16.31
Upside Intraday Target 17
Upside Intraday Target 15.88

Weekly technical analysis of Rainbow Foun (RainbowFoun)

Date Weekly Closing Price Open High Low Volume
30 Tue Apr 2024 15.62 16.15 16.57 15.45 0.158 times
26 Fri Apr 2024 16.05 16.95 16.95 15.21 1.838 times
19 Fri Apr 2024 16.62 16.01 17.10 15.21 0.353 times
12 Fri Apr 2024 16.74 16.29 17.05 14.70 2.77 times
05 Fri Apr 2024 15.52 14.05 15.52 13.58 0.463 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 Foun (RainbowFoun)

Date Monthly Closing Price Open High Low Volume
30 Tue Apr 2024 15.62 14.05 17.10 13.58 0.709 times
28 Thu Mar 2024 13.75 17.31 17.49 13.06 0.293 times
29 Thu Feb 2024 17.10 17.68 19.65 15.50 1.096 times
31 Wed Jan 2024 16.87 16.50 17.36 13.90 0.455 times

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 Foun (RainbowFoun)

Indicator Name Indicator Value Indicator Signal
ADX 20, 16, 10 Buy
MACD 0, 0Sell
Stochastics 32None
CCI -22Buy
RSI 50Buy
OBV 88491Sell
VWAP 16Sell
ADL 0Sell
ROC -2Sell
Force Index 0Sell

Price action analysis of Rainbow Foun ( (RainbowFoun) ) 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 Foun ( (RainbowFoun) ) 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 Foun ( (RainbowFoun) ) 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 Foun ( (RainbowFoun) ) based on a mid to longer 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.

ADX buy sell signal for Rainbow Foun stock for short term is BUY. Signal strength is Weak and stock is gaining momentum.

MACD generated a SELL signal for Rainbow Foun in short term but the sell signal is initial and weak.

Rainbow Foun 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 coming down

CCI has generated a buy signal for Rainbow Foun in short term but BUY signal is weak.

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 Foun is picking up buying momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 15.95 and Rainbow Foun (RainbowFoun) 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 Foun (RainbowFoun) stock. Volume based technical analysis of Rainbow Foun (RainbowFoun) stock is negative.

Rainbow Foun 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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