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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 2025-01-06 View latest technical analysis

10 day averaged volume of Redtape is 111492

Date	Daily Closing Price	Open	High	Low	Volume
06 Mon Jan 2025	815.70	872.90	874.95	812.60	0.927 times
03 Fri Jan 2025	864.20	870.00	880.00	860.00	0.427 times
02 Thu Jan 2025	878.00	879.95	884.85	870.00	0.462 times
01 Wed Jan 2025	879.80	877.85	880.00	868.80	0.213 times
31 Tue Dec 2024	873.55	886.00	886.00	861.00	0.482 times
30 Mon Dec 2024	878.60	901.45	907.70	874.10	1.085 times
27 Fri Dec 2024	888.15	899.70	899.70	885.75	1.055 times
26 Thu Dec 2024	887.25	877.95	914.00	871.40	3.674 times
24 Tue Dec 2024	867.10	861.00	872.80	848.65	0.532 times
23 Mon Dec 2024	860.90	907.20	914.40	852.55	1.391 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 831.4, but if it comes above 831.4, then a intra day buy could be more profitable.
If you take a sell trade below 831.4, then use 831.4 as stoploss and 803.6 as target. However if you take a buy trade in stock , then use 831.4 as stoploss and 854.62 as target.

Share price targets for Redtape (REDTAPE)

Target Type	Value
Downside Target	668.95
Downside Target	763.05
Downside Target	788.00
Upside Target	874.95
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	793.88
Downside Intraday Target	772.07
Upside Intraday Target	856.23
Upside Intraday Target	896.77
Upside Intraday Target	834.42

Weekly technical analysis of Redtape (REDTAPE)

Date	Weekly Closing Price	Open	High	Low	Volume
06 Mon Jan 2025	815.70	872.90	874.95	812.60	0.347 times
03 Fri Jan 2025	864.20	901.45	907.70	860.00	0.401 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

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
06 Mon Jan 2025	815.70	877.85	884.85	812.60	0.116 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 down 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 to mid term time period is neutral. A longer time frame might give a better analysis.

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 SELL. Signal strength is Weak and stock is losing momentum.

MACD generated a SELL signal for Redtape in short term but the sell signal is initial and weak.

Redtape Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are getting stronger in this stock.

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

CCI has generated a SELL signal for Redtape in short term and SELL signal is strong!

RSI is generating a SELL signal in short term and selling is picking up momentum.

MRSI is in positive zone. This is a BUY zone

Although the stock is in the BUY zone, but buying might be slowing down

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

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 873.16 and Redtape (REDTAPE) stock is trading below this level. This means that stock is falling with high volumes. VWAP is falling down

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

Redtape Stock has given negative 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.