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

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

10 day averaged volume of Rainbow Childrens is 487498

Date Daily Closing Price Open High Low Volume
17 Fri May 2024 1341.75 1370.00 1370.00 1331.05 0.162 times
16 Thu May 2024 1348.00 1338.80 1369.90 1338.80 0.125 times
15 Wed May 2024 1333.15 1366.00 1366.00 1320.95 0.207 times
14 Tue May 2024 1355.15 1360.00 1375.75 1340.00 0.124 times
13 Mon May 2024 1360.05 1405.80 1407.75 1338.15 0.403 times

My analysis of stock is bearish for shortterm, but stock is semi over sold and there are some chances of seeing a recovery tomorrow. Use 1311.9 as stoploss in an intra day buy trade for a target of 1373.41. However, stock will show a bearish move below 1311.9.

Share price targets for Rainbow Childrens (RAINBOW)

Target Type Value
Downside Target 1091.00
Downside Target 1170.50
Downside Target 1287.00
Downside Target 1320.95
Upside Target 1369.80
Upside Target 1394.35
Upside Target 1403.55
Upside Target 1407.75
Upside Target 1487.65
Upside Target 1490.00
Upside Target 1649.00

Intraday share price targets for Rainbow Childrens (RAINBOW)

Target Type Value
Downside Intraday Target 1305.88
Downside Intraday Target 1270.02
Upside Intraday Target 1392.68
Upside Intraday Target 1443.62
Upside Intraday Target 1356.82

Weekly technical analysis of Rainbow Childrens (RAINBOW)

Date Weekly Closing Price Open High Low Volume
17 Fri May 2024 1341.75 1405.80 1407.75 1320.95 0.114 times
10 Fri May 2024 1403.40 1480.00 1649.00 1336.00 4.178 times
03 Fri May 2024 1464.00 1350.00 1490.00 1335.00 2.231 times
26 Fri Apr 2024 1343.55 1304.15 1369.80 1291.00 1.796 times
19 Fri Apr 2024 1301.55 1350.65 1350.70 1287.00 0.815 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 Childrens (RAINBOW)

Date Monthly Closing Price Open High Low Volume
17 Fri May 2024 1341.75 1391.75 1649.00 1320.95 2.173 times
30 Tue Apr 2024 1375.20 1310.00 1394.35 1287.00 0.457 times
28 Thu Mar 2024 1297.55 1357.20 1403.55 1091.00 0.809 times
29 Thu Feb 2024 1357.20 1225.00 1487.65 1170.50 2.364 times

Price has moved down this month, and volume has increased substantially. This means that the move can continue in coming months.

Indicators analysis of Rainbow Childrens (RAINBOW)

Indicator Name Indicator Value Indicator Signal
ADX 23, 19, 9 Buy
MACD 29, 46Sell
Stochastics 6Sell
CCI -67Sell
RSI 50Buy
OBV 2263406Sell
VWAP 1471Sell
ADL 0Sell
ROC -8Sell
Force Index 0Sell

Price action analysis of Rainbow Childrens ( (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 Childrens ( (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 Childrens ( (RAINBOW) ) based on a short to mid term time period is negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this stock.

Price action analysis of Rainbow Childrens ( (RAINBOW) ) based on a mid to longer term time period is negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small

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

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

Rainbow Childrens Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are weakening, and bulls 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 Childrens in short term and SELL signal is strong!

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

Although the stock is in the BUY zone, but buying might be slowing down

Stock of Rainbow Childrens is picking up selling momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 1470.72 and Rainbow Childrens (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 Childrens (RAINBOW) stock. Volume based technical analysis of Rainbow Childrens (RAINBOW) stock is negative.

Rainbow Childrens Stock has given negative returns over a short term period. Returns for a longer term period have been negative.

Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.

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