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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 2025-01-28 View latest technical analysis

10 day averaged volume of Redtape is 37525

Date	Daily Closing Price	Open	High	Low	Volume
28 Tue Jan 2025	693.45	720.00	724.00	682.00	1.765 times
27 Mon Jan 2025	710.70	742.05	751.75	704.10	1.865 times
24 Fri Jan 2025	742.55	750.00	758.40	739.00	0.947 times
23 Thu Jan 2025	740.60	745.00	764.00	731.15	0.867 times
22 Wed Jan 2025	752.45	759.00	778.00	745.15	0.706 times
21 Tue Jan 2025	760.25	775.05	779.20	755.00	0.78 times
20 Mon Jan 2025	775.50	760.00	781.70	749.10	1.146 times
17 Fri Jan 2025	751.10	739.20	753.80	738.30	0.612 times
16 Thu Jan 2025	741.90	740.95	755.90	735.15	0.746 times
15 Wed Jan 2025	737.40	732.00	753.00	725.20	0.969 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 720.9, but if it comes above 720.9, then a intra day buy could be more profitable.
If you take a sell trade below 720.9, then use 720.9 as stoploss and 657.6 as target. However if you take a buy trade in stock , then use 720.9 as stoploss and 773.58 as target.

Share price targets for Redtape (REDTAPE)

Target Type	Value
Downside Target	668.95
Upside Target	703.70
Upside Target	731.15
Upside Target	750.00
Upside Target	781.70
Upside Target	860.00
Upside Target	874.95
Upside Target	884.85
Upside Target	907.70
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	666.38
Downside Intraday Target	639.32
Upside Intraday Target	736.13
Upside Intraday Target	778.82
Upside Intraday Target	709.07

Weekly technical analysis of Redtape (REDTAPE)

Date	Weekly Closing Price	Open	High	Low	Volume
28 Tue Jan 2025	693.45	742.05	751.75	682.00	0.816 times
24 Fri Jan 2025	742.55	760.00	781.70	731.15	0.673 times
17 Fri Jan 2025	751.10	730.00	755.90	703.70	0.603 times
10 Fri Jan 2025	752.85	872.90	874.95	750.00	1.383 times
03 Fri Jan 2025	864.20	901.45	907.70	860.00	0.401 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
28 Tue Jan 2025	693.45	877.85	884.85	682.00	0.558 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 negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small

Price action analysis of Redtape ( (REDTAPE) ) based on a short to mid 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 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 Strong and stock is gaining momentum.

MACD generated a SELL signal for Redtape in short term and the sell signal is strong.

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 negative zone. This is the SELL zone

Although the stock is in the SELL zone, but selling 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 733.96 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.