Overall Technical outlook

Price Summary

Rainbow Children's Medicare Limited had a lacklustre day at the stock market, and its shares dived -2.22%.
Rainbow Children's Medicare Limited's stock opened at 1428.8 on 2025-04-25, surged to 1434.9, hit a low of 1369.1, and closed up -2.22% at 1397.1, with 187722 shares traded.
The stock's highest price over the 52-week span is 1677.25, while the lowest price is 1105.1.
RAINBOW's future price is expected to lie between 1474.0 and 1785.0, with an average expectation of 1636.9, as per the recommendations of 10 analysts.

Technicals

Support and Resistance: At 1397.1, the price is held up by support at 1279.85 and faces resistance at 1401.7 for RAINBOW. This suggests a trading range where 1279.85 provides a base and 1401.7 limits upward movement.
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Support/Resistance for RAINBOW


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


Bol. Bands: The BOLL BANDS is currently neutral, showing no clear bias toward a rising or falling trend. This lack of directional clarity suggests that the market may be in a holding pattern, awaiting further developments.
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Bolinger Bands chart for Rainbow Children's Medicare Limited


Parabolic SAR: The PSAR for RAINBOW continues to signal a bearish stance, reinforcing a resistance level that could restrict upward movement. This resistance suggests that the market may remain under bearish pressure, with limited potential for breaking higher.
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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.
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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.
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Tripple SMA chart for Rainbow Children's Medicare Limited


A comprehensive approach to analyzing a company requires considering both its technical and fundamental aspects. The company's fundamentals, such as its earnings, growth prospects, and financial health, provide a strong foundation for understanding technical indicators. Additionally, examining the industry it operates in helps contextualize the company's position within the broader market. By integrating these factors, one can gain more valuable insights into the company's stock performance and potential investment opportunities.