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Technicals for Rainbow Children's Medicare Limited
By MusingTheNews
2025-08-15 20:51
Overall Technical outlook
Price Summary
Rainbow Children's Medicare Limited's stock started trading at 1555.0 on 2025-08-14, climbed to 1565.0, fell to 1528.1, and closed -0.16% down at 1552.5, with 149783 shares traded. Throughout the 52-week period, the stock hit a high of 1677.25 and a low of 1196.95. RAINBOW's future price is expected to lie between 1475.0 and 1840.0, with an average expectation of 1687.6, as per the recommendations of 10 analysts.
Technicals
Support and Resistance: The price for RAINBOW at 1552.5 finds support at 1505.7 and resistance at 1565.2. This suggests a trading range, where 1505.7 serves as a support level and 1565.2 acts as a resistance point, potentially capping further gains. Support/Resistance for RAINBOW
Aroon: The AROON is currently neutral, showing no clear bias toward an upward or downward trend. This suggests that the market may be in a phase of indecision or consolidation. Aroon chart for Rainbow Children's Medicare Limited
Bol. Bands: The current reading of the BOLL BANDS is neutral, offering no clear signals for a movement in either direction. This suggests that the market may be in a holding pattern, with no dominant trend in place. Bolinger Bands chart for Rainbow Children's Medicare Limited
Parabolic SAR: The PSAR continues to indicate a bullish outlook, setting a crucial support level. This strong support could bolster the ongoing upward trend, suggesting that the market may remain in a positive trajectory. Investors may view this as a sign of sustained bullish momentum. Parabolic Stop and Reverse chart for Rainbow Children's Medicare Limited
Stochastic: The STOCHASTIC is showing a neutral reading, with no clear direction indicated for upward or downward movement. This neutral position suggests a possible period of consolidation. Stochastic chart for Rainbow Children's Medicare Limited
Tripple Moving Agerage: The current state of the Tripple MOVING AVG is neutral for RAINBOW, providing no clear indication of a trend in either direction. This suggests that the market may be lacking momentum, making it difficult to predict future movements. Tripple SMA chart for Rainbow Children's Medicare Limited
When evaluating a company, it is crucial to examine its fundamentals, including its financial statements, management structure, and market position. Additionally, understanding the broader industry trends, competition, and regulatory landscape helps to create a well-rounded view. By assessing both the company's internal factors and the external environment in which it operates, you can extract more valuable insights from its technical performance, such as stock price movements and trading patterns.
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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