What is the technical trend for Rainbow Foundat.?

Jun 09 2025 06:09 PM IST
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As of May 5, 2025, Rainbow Foundation's technical trend is bullish, supported by positive MACD and Bollinger Bands, although caution is advised due to a bearish monthly RSI and mixed signals from KST.
As of 5 May 2025, the technical trend for Rainbow Foundat. has changed from mildly bullish to bullish. The weekly and monthly MACD indicators are both bullish, supporting the positive trend. The Bollinger Bands also indicate bullish conditions on both time frames. Daily moving averages confirm a bullish stance as well. However, the monthly RSI is bearish, which suggests some caution. The KST shows a mildly bearish signal on the weekly but remains bullish monthly, while Dow Theory indicates a mildly bullish trend in both weekly and monthly perspectives. Overall, the current technical stance is bullish, with strong support from MACD and Bollinger Bands, despite some mixed signals from RSI and KST.
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