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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 2025-02-05 View latest technical analysis

10 day averaged volume of Redtape is 192315

Date	Daily Closing Price	Open	High	Low	Volume
05 Wed Feb 2025	188.40	190.00	191.00	184.30	2.182 times
04 Tue Feb 2025	193.60	185.95	199.50	185.00	4.932 times
03 Mon Feb 2025	726.50	742.00	774.00	710.35	2.482 times
31 Fri Jan 2025	674.85	683.00	691.00	660.95	0.57 times
30 Thu Jan 2025	672.95	685.75	700.05	666.30	0.38 times
29 Wed Jan 2025	675.65	695.00	703.00	672.35	0.436 times
28 Tue Jan 2025	693.45	720.00	724.00	682.00	0.344 times
27 Mon Jan 2025	710.70	742.05	751.75	704.10	0.364 times
24 Fri Jan 2025	742.55	750.00	758.40	739.00	0.185 times
23 Thu Jan 2025	740.60	745.00	764.00	731.15	0.169 times

Stock of Redtape (REDTAPE) has showed a significant fall. This could be a good time to exit from this stock.

Although my analysis for stock is bearish for shortterm, but stock is in heavy over sold zones and there are high chances of some recovery tomorrow. You might want to buy the stock tomorrow in intra day with a stoploss of 314.1, for a target of 512.1 or 677.03

Share price targets for Redtape (REDTAPE)

Target Type	Value
Downside Target	184.30
Upside Target	660.95
Upside Target	703.70
Upside Target	731.15
Upside Target	750.00
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	-9.53
Downside Intraday Target	-207.47
Upside Intraday Target	580.17
Upside Intraday Target	971.93
Upside Intraday Target	382.23

Weekly technical analysis of Redtape (REDTAPE)

Date	Weekly Closing Price	Open	High	Low	Volume
05 Wed Feb 2025	188.40	742.00	774.00	184.30	4.582 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 down this week, and volume has increased substantially. This means that the move can continue in coming weeks.

Monthly technical analysis of Redtape (REDTAPE)

Date	Monthly Closing Price	Open	High	Low	Volume
05 Wed Feb 2025	188.40	742.00	774.00	184.30	1.365 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 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 neutral. A longer time frame might give a better analysis.

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 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 but selling is losing 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 403.86 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.