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(REDTAPE) Redtape complete technical analysis [charts+indicators] | Buy/Sell Redtape | (REDTAPE) share price targets

Complete technical analysis of Redtape (REDTAPE) by charts plus indicators, forecast predictions and share price targets for Redtape (REDTAPE)

Showing technical analysis as on 2025-01-02 View latest technical analysis

10 day averaged volume of Redtape is 117421

Date	Daily Closing Price	Open	High	Low	Volume
02 Thu Jan 2025	878.00	879.95	884.85	870.00	0.439 times
01 Wed Jan 2025	879.80	877.85	880.00	868.80	0.203 times
31 Tue Dec 2024	873.55	886.00	886.00	861.00	0.458 times
30 Mon Dec 2024	878.60	901.45	907.70	874.10	1.031 times
27 Fri Dec 2024	888.15	899.70	899.70	885.75	1.002 times
26 Thu Dec 2024	887.25	877.95	914.00	871.40	3.489 times
24 Tue Dec 2024	867.10	861.00	872.80	848.65	0.505 times
23 Mon Dec 2024	860.90	907.20	914.40	852.55	1.321 times
20 Fri Dec 2024	855.85	870.00	874.00	852.20	0.644 times
19 Thu Dec 2024	864.70	834.60	865.00	834.60	0.694 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 876.4, but if it comes below 876.4, then a intra day sell could be more profitable.
If you take a sell trade below 876.4, then use 876.4 as stoploss and 853.48 as target. However if you take a buy trade in stock , then use 876.4 as stoploss and 904 as target.

Share price targets for Redtape (REDTAPE)

Target Type	Value
Downside Target	668.95
Downside Target	763.05
Downside Target	788.00
Downside Target	827.60
Downside Target	868.80
Upside Target	884.85
Upside Target	907.70
Upside Target	909.95
Upside Target	914.40
Upside Target	974.65
Upside Target	980.00

Intraday share price targets for Redtape (REDTAPE)

Target Type	Value
Downside Intraday Target	856.77
Downside Intraday Target	835.53
Upside Intraday Target	903.47
Upside Intraday Target	928.93
Upside Intraday Target	882.23

Weekly technical analysis of Redtape (REDTAPE)

Date	Weekly Closing Price	Open	High	Low	Volume
02 Thu Jan 2025	878.00	901.45	907.70	861.00	0.337 times
27 Fri Dec 2024	888.15	907.20	914.40	848.65	1.093 times
20 Fri Dec 2024	855.85	835.10	909.95	827.60	4.445 times
13 Fri Dec 2024	822.85	822.20	838.00	810.35	0.769 times
06 Fri Dec 2024	822.20	806.55	852.70	806.55	0.529 times

Price has moved down this week, but volume has not increased substantially. This means that the move can be temporary and might not continue in coming weeks.

Monthly technical analysis of Redtape (REDTAPE)

Date	Monthly Closing Price	Open	High	Low	Volume
02 Thu Jan 2025	878.00	877.85	884.85	868.80	0.039 times
31 Tue Dec 2024	873.55	806.55	914.40	806.55	1.208 times
29 Fri Nov 2024	815.45	967.35	974.65	791.90	0.397 times
31 Thu Oct 2024	967.35	798.00	980.00	763.05	1.725 times

Scroll below to view daily charts

Price has moved up this month, but volume has not increased substantially. This means that the move can be temporary and might not continue in coming months.

Indicators analysis of Redtape (REDTAPE)

Price action analysis of Redtape ( (REDTAPE) ) based on a short term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.

Price action analysis of Redtape ( (REDTAPE) ) based on a short term time period is negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this stock.

Price action analysis of Redtape ( (REDTAPE) ) based on a short to mid term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.

Price action analysis of Redtape ( (REDTAPE) ) based on a mid to longer term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.

ADX buy sell signal for Redtape stock for short term is BUY. Signal strength is Strong and stock is gaining momentum.

MACD generated a BUY signal for Redtape in short term and the buy signal is strong.

MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.

Redtape Stock in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. Bulls are getting tired and bears are picking up momentum.

Ichimoku cloud is of red color and prices are in or above the red cloud Prices appear to be coming down

CCI has generated a buy signal for Redtape in short term and BUY signal is strong.

RSI is generating a BUY signal in short term and the buying is gaining momentum.

MRSI is in positive zone. This is a BUY zone

Stock of Redtape is picking up buying momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 876.96 and Redtape (REDTAPE) stock is trading above this level. This is a good sign for the stock and it could move higher. VWAP is rising upwards.

People seem to be coming out and selling the Redtape (REDTAPE) stock. Volume based technical analysis of Redtape (REDTAPE) stock is negative.

Redtape Stock is giving positive returns over a short term period. Returns for a longer term period have been positive

Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.