(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)
10 day averaged volume of Rainbow is 13269
| Date | Daily Closing Price | Open | High | Low | Volume |
| 07 Tue May 2024 | 1448.15 | 1571.35 | 1571.35 | 1440.30 | 1.951 times |
| 06 Mon May 2024 | 1582.65 | 1490.30 | 1649.00 | 1478.00 | 3.669 times |
| 03 Fri May 2024 | 1461.55 | 1387.45 | 1490.00 | 1387.45 | 1.361 times |
| 02 Thu May 2024 | 1386.25 | 1385.00 | 1431.00 | 1375.45 | 0.736 times |
| 30 Tue Apr 2024 | 1374.45 | 1375.05 | 1382.85 | 1365.70 | 0.178 times |
My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 1429.3, but if it comes below 1429.3, then a intra day sell could be more profitable.
If you take a sell trade below 1429.3, then use 1429.3 as stoploss and 1363.47 as target. However if you take a buy trade in stock , then use 1429.3 as stoploss and 1508.2 as target.
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 | 1324.10 |
| Downside Target | 1393.00 |
| Downside Target | 1401.15 |
| Downside Target | 1440.30 |
| Upside Target | 1488.45 |
| Upside Target | 1490.00 |
| Upside Target | 1649.00 |
Intraday share price targets for Rainbow (Rainbow)
| Target Type | Value |
| Downside Intraday Target | 1375.97 |
| Downside Intraday Target | 1303.78 |
| Upside Intraday Target | 1584.67 |
| Upside Intraday Target | 1721.18 |
| Upside Intraday Target | 1512.48 |
Weekly technical analysis of Rainbow (Rainbow)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 07 Tue May 2024 | 1448.15 | 1490.30 | 1649.00 | 1440.30 | 1.874 times |
| 03 Fri May 2024 | 1461.55 | 1369.40 | 1490.00 | 1334.15 | 1.77 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 |
Price has moved down this week, and volume has increased substantially. This means that the move can continue in coming weeks.
Monthly technical analysis of Rainbow (Rainbow)
| Date | Monthly Closing Price | Open | High | Low | Volume |
| 07 Tue May 2024 | 1448.15 | 1385.00 | 1649.00 | 1375.45 | 0.794 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 |
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)
| Indicator Name | Indicator Value | Indicator Signal |
| ADX | 42, 14, 50 | Buy |
| MACD | 88, 66 | Buy |
| Stochastics | 72 | Buy |
| CCI | 96 | Sell |
| RSI | 52 | Buy |
| OBV | 60933 | Sell |
| VWAP | 1472 | Sell |
| ADL | 0 | Sell |
| ROC | 12 | Buy |
| Force Index | 0 | Sell |
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 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 losing 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 red color and prices are in or above the red cloud Prices appear to be coming down
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 negative zone. This is the SELL zone
Although the stock is in the SELL zone, but selling 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 1471.9 and Rainbow (Rainbow) stock is trading below this level. This means that stock is falling with high volumes. 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.
Click here for further forecast and predictions for tomorrow
Stock Exchange charts NSE Stock Exchange BSE Stock Exchange USA Stock Exchange Stock Charts NSE FNO Stock Analysis
BSE Stock Exchange BSE stock market news BSE India intraday tips
MNC.News NASDAQ NSE BSE Money SIP
Munafa NEWSTerms of Use Create Support ticket Your support tickets Powered by ePowerPress Stock Market News! Top Seo SMO © iAmRobos.com2024 All Rights reserved.