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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 2025-02-03 View latest technical analysis

10 day averaged volume of Redtape is 56959

Date	Daily Closing Price	Open	High	Low	Volume
03 Mon Feb 2025	726.50	742.00	774.00	710.35	8.382 times
31 Fri Jan 2025	674.85	683.00	691.00	660.95	1.923 times
30 Thu Jan 2025	672.95	685.75	700.05	666.30	1.283 times
29 Wed Jan 2025	675.65	695.00	703.00	672.35	1.473 times
28 Tue Jan 2025	693.45	720.00	724.00	682.00	1.163 times
27 Mon Jan 2025	710.70	742.05	751.75	704.10	1.228 times
24 Fri Jan 2025	742.55	750.00	758.40	739.00	0.624 times
23 Thu Jan 2025	740.60	745.00	764.00	731.15	0.571 times
22 Wed Jan 2025	752.45	759.00	778.00	745.15	0.465 times
21 Tue Jan 2025	760.25	775.05	779.20	755.00	0.514 times

Stock of Redtape (REDTAPE) has showed a significant upmove. This could be a good time to enter in this stock!

My analysis of stock is bearish for shortterm, and stock might move down till 699.5 or till 651.9. Use a stoploss of 739.19 and if the stock hits stoploss, then it can shoot up till 778.85

Share price targets for Redtape (REDTAPE)

Target Type	Value
Downside Target	660.95
Downside Target	703.70
Upside Target	731.15
Upside Target	750.00
Upside Target	781.70
Upside Target	791.90
Upside Target	806.55
Upside Target	874.95
Upside Target	884.85
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	699.9
Downside Intraday Target	673.3
Upside Intraday Target	763.55
Upside Intraday Target	800.6
Upside Intraday Target	736.95

Weekly technical analysis of Redtape (REDTAPE)

Date	Weekly Closing Price	Open	High	Low	Volume
03 Mon Feb 2025	726.50	742.00	774.00	710.35	1.185 times
31 Fri Jan 2025	674.85	742.05	751.75	660.95	2.414 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

Price has moved up 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
03 Mon Feb 2025	726.50	742.00	774.00	710.35	0.353 times
31 Fri Jan 2025	674.85	877.85	884.85	660.95	0.695 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

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 positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.

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

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

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

Redtape Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are weakening, and bulls are picking up momentum!

Ichimoku cloud is of red color and prices are below the red cloud Prices appear to be moving up

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

RSI is generating a SELL signal in short term but selling is losing 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 712.13 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 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.