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Technicals for Rainbow Children's Medicare Limited
By MusingTheNews
2025-09-05 20:40
Overall Technical outlook
Price Summary
Rainbow Children's Medicare Limited's stock started trading at 1519.5 on 2025-09-05, climbed to 1524.0, fell to 1496.1, and closed -0.6% lower at 1510.4, with 56928 shares traded. The stock reached its highest price of 1677.25 and lowest price of 1239.6 over the last 52 weeks. 10 analysts forecast that the price of RAINBOW will range from 1475.0 to 1840.0, with an average expected price near 1687.6.
Technicals
Support and Resistance: The current price is 1510.4, with support at 1505.7 and resistance at 1565.2. This range suggests that the price might move between these levels, with 1505.7 offering support and 1565.2 capping further gains for Rainbow Children's Medicare Limited. Support/Resistance for RAINBOW
Aroon: The AROON is in a neutral stance, with no clear direction indicated for the market. This lack of clarity suggests that the market may be in a state of equilibrium for RAINBOW, with no strong trend emerging. Aroon chart for Rainbow Children's Medicare Limited
Bol. Bands: The BOLL BANDS is currently in a neutral position for Rainbow Children's Medicare Limited, offering no clear guidance on whether the market is likely to move up or down. This neutral stance suggests that further observation may be necessary before a trend becomes apparent. Bolinger Bands chart for Rainbow Children's Medicare Limited
Parabolic SAR: The PSAR continues its bearish trend, setting a resistance level that could prevent significant upward movement for RAINBOW. This resistance suggests that the market may struggle to overcome bearish forces, keeping upward momentum in check. Parabolic Stop and Reverse chart for Rainbow Children's Medicare Limited
Stochastic: The current state of the STOCHASTIC is neutral, providing no clear signals for either an upward or downward movement. This indicates that the market may be in a state of equilibrium, with no strong momentum in either direction. Stochastic chart for Rainbow Children's Medicare Limited
Tripple Moving Agerage: The Tripple MOVING AVG is in a neutral stance, not pointing to a clear trend in either direction. This suggests that the market may be lacking strong momentum, making it difficult to predict the next move. Tripple SMA chart for Rainbow Children's Medicare Limited
In order to draw meaningful inferences from a company's technical data, it is essential to first consider its fundamentals. This includes reviewing financial metrics like revenue, profit margins, and debt-to-equity ratios. Additionally, understanding the broader industry landscape, including market trends and competitive pressures, is crucial. By integrating these insights with the company's technical performance, such as stock price fluctuations and trading volume, one can make more informed investment decisions.
DISCLAIMER: We provide information and our musings based on events, but nothing on this site can be considered professional advice of any kind.
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