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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 2025-01-07 View latest technical analysis

10 day averaged volume of Redtape is 114260

Date Daily Closing Price Open High Low Volume
07 Tue Jan 2025 818.50 822.95 826.00 807.05 0.434 times
06 Mon Jan 2025 815.70 872.90 874.95 812.60 0.904 times
03 Fri Jan 2025 864.20 870.00 880.00 860.00 0.417 times
02 Thu Jan 2025 878.00 879.95 884.85 870.00 0.451 times
01 Wed Jan 2025 879.80 877.85 880.00 868.80 0.208 times
31 Tue Dec 2024 873.55 886.00 886.00 861.00 0.47 times
30 Mon Dec 2024 878.60 901.45 907.70 874.10 1.059 times
27 Fri Dec 2024 888.15 899.70 899.70 885.75 1.029 times
26 Thu Dec 2024 887.25 877.95 914.00 871.40 3.585 times
24 Tue Dec 2024 867.10 861.00 872.80 848.65 0.519 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 829.9, but if it comes above 829.9, then a intra day buy could be more profitable.
If you take a sell trade below 829.9, then use 829.9 as stoploss and 801.1 as target. However if you take a buy trade in stock , then use 829.9 as stoploss and 853.94 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 827.60
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 792.05
Downside Intraday Target 765.6
Upside Intraday Target 859.95
Upside Intraday Target 901.4
Upside Intraday Target 833.5

Weekly technical analysis of Redtape (REDTAPE)

Date Weekly Closing Price Open High Low Volume
07 Tue Jan 2025 818.50 872.90 874.95 807.05 0.514 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
07 Tue Jan 2025 818.50 877.85 884.85 807.05 0.142 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 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 gaining 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 moving up

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

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 872.38 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 negative.

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

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 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 gaining 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 moving up

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

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 872.38 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 negative.

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

Click here for Redtape charts

Click here for further forecast and predictions for tomorrow

Daily charts

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