Overall Technical outlook

Price Summary

On 2025-07-15, RAINBOW's stock opened at 1545.5, reached a peak of 1556.1, dropped to 1516.3, and ended -1.22% down at 1526.6, with a volume of 162942 shares.
For the 52-week period, the stock's highest price is 1677.25, and the lowest price is 1105.1.
According to 10 analysts, the price of RAINBOW in the future is projected to be between 1475.0 and 1725.0, with an average expected price of 1601.5.

Technicals

Support and Resistance: The price for RAINBOW is 1526.6, with support at 1447.65 and resistance at 1565.2. This suggests a range where 1447.65 acts as a base, preventing declines, and 1565.2 caps gains, defining key trading levels.
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Support/Resistance for RAINBOW


Aroon: The current state of the AROON 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.
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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.
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Bolinger Bands chart for Rainbow Children's Medicare Limited


Parabolic SAR: The PSAR remains in a bearish mode, establishing a resistance level that could hinder any attempts at upward movement for RAINBOW. This resistance reinforces the bearish sentiment, indicating that the market may continue to face challenges in pushing higher.
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Parabolic Stop and Reverse chart for Rainbow Children's Medicare Limited


Stochastic: The current state of the STOCHASTIC is neutral, with no clear trend direction indicated. This lack of directional bias suggests that the market may be in a phase of consolidation or uncertainty.
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Stochastic chart for Rainbow Children's Medicare Limited


Tripple Moving Agerage: The 20, 50, and 100 moving averages for Rainbow Children's Medicare Limited are currently aligned in a bearish formation, signaling a downtrend. However, the wavering slopes of the 20 and 50 SMAs suggest that this bearish momentum may be weakening. This could indicate an upcoming shift towards bullish price action, as the loss of downward momentum might lead to a potential reversal in the market's current trend.
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Tripple SMA chart for Rainbow Children's Medicare Limited


To make the most of a company's technical analysis, it's important to start with an understanding of its fundamentals. These include profitability, cash flow, and competitive positioning. Additionally, the industry in which the company operates plays a critical role, as trends and external factors can influence its market performance. By considering both the company's internal fundamentals and the external industry environment, more meaningful and accurate conclusions can be drawn from the technical data.