Stock analysis Rainbow Childrens Med Ltd RAINBOW
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Recent prices of RAINBOW Rainbow Childrens Med Ltd are as follows: Daily volume is divided by 10 day averaged volume
Date | Close | Range | Change % | Volume |
08 Thu May 2025 | 1337.00 | 1328.60 to 1380.00 | -1.77% | 0.61 times |
07 Wed May 2025 | 1361.10 | 1325.80 to 1369.90 | 0.17% | 0.55 times |
06 Tue May 2025 | 1358.80 | 1310.40 to 1370.70 | 0.95% | 1.67 times |
05 Mon May 2025 | 1346.00 | 1335.30 to 1375.80 | -1.04% | 0.62 times |
02 Fri May 2025 | 1360.20 | 1354.10 to 1409.80 | -1.56% | 0.97 times |
30 Wed Apr 2025 | 1381.70 | 1352.50 to 1417.80 | 1.8% | 2.17 times |
29 Tue Apr 2025 | 1357.30 | 1350.00 to 1385.50 | -1.89% | 0.85 times |
28 Mon Apr 2025 | 1383.50 | 1369.20 to 1399.10 | -0.97% | 0.54 times |
25 Fri Apr 2025 | 1397.10 | 1369.10 to 1434.90 | -2.68% | 1.17 times |
24 Thu Apr 2025 | 1435.50 | 1420.00 to 1459.30 | -0.95% | 0.72 times |
23 Wed Apr 2025 | 1449.30 | 1431.10 to 1466.80 | 0.39% | 0.74 times |
22 Tue Apr 2025 | 1443.70 | 1436.40 to 1496.90 | -3.09% | 1 times |
Technical analysis forecast for Rainbow Childrens Med Ltd Stock is that its in a downtrend for shortterm, and I will avoid taking a BUY or a LONG trade in this stock. Look for opportunities to sell or SHORT Rainbow Childrens Med Ltd RAINBOW at this time. Stock is falling and might fall more.
It appears as if Rainbow Childrens Med Ltd RAINBOW gave a large move recently.
Stock of Rainbow Childrens Med Ltd (RAINBOW) is trading below an important moving average line, and it has been below this line for quite some time now. This is not a good sign, stock might keep falling and stock might move lower...
My analysis of Rainbow Childrens Med Ltd is bearish for shortterm, but stock is semi over sold and there are some chances of seeing a recovery tomorrow. Use 1322.4 as stoploss in an intra day buy trade for a target of 1390.27. However, stock will show a bearish move below 1322.4.