Long Term Trend: Strong
AI Indicator Strength: 45.0%
StockRAINBOW
Current Price₹1470.80
Short Term Trend
Strong Upward
Trend: Strong
¼ Long Term Trend Structure
- Price above EMA20, EMA50, EMA200
- Momentum aligned with structure
RSI: Overbought
📊 Momentum (RSI)
- RSI: 77.40
- Extreme momentum (Bearish bias)
MACD: Strong Bearish
¼ MACD Observation
- Strong negative MACD crossover
- Trend confirms structural bias
Overall: Mixed
📊 Overall Technical View
- Momentum → Overbought
- Trend → Strong
📊 RAINBOW Stock Strength & Risk Analysis
✅ Positive Factors
- Trading well above 200-day moving averages reinforces core stability.
❌ Risk Factors
- Elevated RSI suggests potential buying exhaustion.
- Minor technical overextension suggests potential for a brief consolidation phase.
📌 Market Outlook
Neutral structural conditions warrant a patient, wait-and-see approach.
🎯 Technical Indicators: Support & Resistance
🟢 Support Zones
₹1258.90
₹1246.31
₹1233.72
🔴 Resistance Zones
₹1495.00
₹1509.95
₹1524.90
RAINBOW Price Action: The nearest structural support is quite distant at ₹1258.9 (over 10% away). In the short term, traders should watch the EMA20 at ₹1380.31 as a dynamic support level. On the upside, the primary hurdle for an upward rally is positioned at ₹1495.00.
📊 Fibonacci Retracement
| Level | Value |
|---|
| 23.6% | 716.71 |
| 38.2% | 906.45 |
| 50.0% | 1059.80 |
| 61.8% | 1213.15 |
| 78.6% | 1431.49 |
Structural Pullbacks: With RAINBOW trading in the upper half of its 52-week range, upper support floors like the 23.6% level at ₹716.71 act as immediate breakout retest zones. Price interactions around these zones frequently dictate the stock's short-term trajectory, helping identify where RAINBOW might find fresh buying interest.
📈 Moving Averages
| EMA | Value | SMA | Value |
|---|
| EMA5 | 1438.01 | SMA5 | 1441.32 |
| EMA9 | 1414.52 | SMA9 | 1397.64 |
| EMA20 | 1380.31 | SMA20 | 1375.19 |
| EMA50 | 1327.80 | SMA50 | 1318.94 |
| EMA100 | 1299.70 | SMA100 | 1246.92 |
| EMA200 | 1310.33 | SMA200 | 1304.22 |
📊 AI Scorecard (How Confidence is Calculated)
• RSI Overbought: -2 🔴
🔴
• Price > EMA20 (Short-term Bullish): +1 🟢
🟢
• EMA20 > EMA50 (Medium Uptrend): +1 🟢
🟢
• Price > EMA200 (Long-term Bullish): +1 🟢
🟢
• MACD Strong Bearish: -2 🔴
🔴
• Total Score: -1
🔴
• Confidence Score: 45.00%
🔴
Total Score: -1
Technical Indicator Strength: 45.0%
- Strong alignment in behavior
- AI Confidence Score: 45.0%
👉 Market appears neutral
📊 MACD Backtested Signals (Historical)
| Date |
Signal |
Close |
T+1 Open |
T+1 High |
T+1 Low |
T+1 Change |
T+5 High |
T+5 Low |
T+5 Change |
Strength |
Confidence |
Strategy |
| 2026-06-02 |
Bearish |
1341.40 |
1340.00 |
1364.90 |
1311.0 |
2.16% |
1.86 |
1366.90 |
1311.0% |
2.27 |
1.90 |
75.70 59.00 Success |
| 2026-05-13 |
Bullish |
1304.40 |
1304.40 |
1324.00 |
1285.1 |
1.50% |
1.48 |
1363.00 |
1285.1% |
4.49 |
1.48 |
49.33 55.99 Success |
| 2026-05-12 |
Bearish |
1263.20 |
1269.90 |
1316.00 |
1269.9 |
0.00% |
3.63 |
1363.00 |
1269.9% |
-0.53 |
7.90 |
59.01 51.09 No Trade |
| 2026-05-07 |
Bullish |
1292.20 |
1289.10 |
1335.00 |
1276.6 |
3.56% |
0.97 |
1335.00 |
1258.9% |
3.31 |
2.58 |
12.43 47.66 Success |
| 2026-04-28 |
Bearish |
1241.90 |
1255.00 |
1271.40 |
1246.0 |
0.72% |
1.31 |
1281.90 |
1236.5% |
0.43 |
3.22 |
100.00 57.96 Success |
| 2026-03-27 |
Bullish |
1164.40 |
1141.00 |
1174.00 |
1134.4 |
2.89% |
0.58 |
1322.00 |
1120.5% |
13.53 |
3.77 |
100.00 95.00 Success |
| 2026-03-12 |
Bearish |
1174.00 |
1163.10 |
1165.00 |
1130.4 |
2.81% |
0.16 |
1165.00 |
1091.4% |
7.04 |
-0.77 |
26.57 58.51 Success |
| 2026-02-10 |
Bullish |
1206.80 |
1212.50 |
1244.40 |
1209.6 |
2.63% |
0.24 |
1244.40 |
1170.0% |
3.12 |
3.05 |
100.00 79.84 Success |
| 2025-12-29 |
Bearish |
1330.00 |
1325.10 |
1335.00 |
1310.3 |
1.12% |
0.75 |
1335.00 |
1302.0% |
2.11 |
0.38 |
41.37 34.19 Success |
| 2025-12-23 |
Bullish |
1359.40 |
1361.00 |
1377.00 |
1353.2 |
1.18% |
0.57 |
1377.00 |
1306.2% |
1.29 |
3.91 |
21.72 36.46 Success |
| 2025-12-17 |
Bearish |
1315.00 |
1310.00 |
1332.50 |
1287.8 |
1.69% |
1.72 |
1377.00 |
1287.8% |
2.07 |
4.71 |
100.00 76.63 Success |
| 2025-11-25 |
Bullish |
1347.00 |
1348.90 |
1354.00 |
1328.8 |
0.38% |
1.49 |
1366.00 |
1321.4% |
1.41 |
1.90 |
84.71 50.80 Success |
| 2025-11-17 |
Bearish |
1308.20 |
1316.00 |
1316.00 |
1279.0 |
2.81% |
0.00 |
1355.00 |
1279.0% |
2.23 |
3.58 |
100.00 77.66 Success |
| 2025-10-14 |
Bullish |
1329.80 |
1330.30 |
1340.50 |
1319.0 |
0.77% |
0.85 |
1378.60 |
1309.3% |
3.67 |
1.54 |
94.67 67.09 Success |
| 2025-08-26 |
Bearish |
1507.80 |
1500.10 |
1503.00 |
1487.0 |
0.87% |
0.19 |
1525.90 |
1480.0% |
1.84 |
1.20 |
100.00 58.44 Success |
| 2025-08-14 |
Bullish |
1552.50 |
1570.00 |
1584.00 |
1547.0 |
0.89% |
1.46 |
1593.70 |
1547.0% |
2.65 |
0.35 |
100.00 59.42 Success |
| 2025-07-10 |
Bearish |
1535.10 |
1531.40 |
1581.70 |
1522.7 |
0.57% |
3.28 |
1581.70 |
1510.6% |
1.60 |
3.04 |
64.71 48.96 Success |
| 2025-05-27 |
Bullish |
1400.60 |
1405.00 |
1419.70 |
1398.4 |
1.05% |
0.47 |
1445.00 |
1353.0% |
3.17 |
3.40 |
100.00 75.27 Success |
| 2025-04-24 |
Bearish |
1435.50 |
1428.80 |
1434.90 |
1369.1 |
4.18% |
0.43 |
1434.90 |
1350.0% |
5.96 |
-0.04 |
100.00 90.06 Success |
| 2025-02-21 |
Bullish |
1322.95 |
1322.95 |
1352.95 |
1300.0 |
2.27% |
1.73 |
1352.95 |
1218.0% |
2.27 |
7.93 |
100.00 84.48 Success |
Interpreting Historical MACD Data: The table above presents backtested historical performance of MACD crossover signals for RAINBOW. By analyzing past T+1 to T+5 day price movements following a MACD buy or sell signal, traders can gauge the historical reliability and expected volatility of the current signal.