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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 2025-02-19 View latest technical analysis

10 day averaged volume of Redtape is 462930

Date	Daily Closing Price	Open	High	Low	Volume
19 Wed Feb 2025	161.10	152.90	162.15	150.90	0.404 times
18 Tue Feb 2025	153.70	156.95	161.10	150.55	0.355 times
17 Mon Feb 2025	156.90	157.00	162.40	153.30	0.678 times
14 Fri Feb 2025	158.35	166.00	166.00	157.00	0.456 times
13 Thu Feb 2025	166.25	177.90	177.90	164.40	1.909 times
12 Wed Feb 2025	172.35	164.15	179.95	164.15	1.742 times
11 Tue Feb 2025	175.25	165.05	179.95	154.95	1.795 times
10 Mon Feb 2025	164.15	169.00	169.00	162.50	0.468 times
07 Fri Feb 2025	169.10	179.00	179.95	168.20	0.92 times
06 Thu Feb 2025	181.50	184.55	186.40	178.70	0.772 times

My analysis of stock is bearish for shortterm, but stock is semi over sold and there are some chances of seeing a recovery tomorrow. Use 121.2 as stoploss in an intra day buy trade for a target of 383.9. However, stock will show a bearish move below 121.2.

Share price targets for Redtape (REDTAPE)

Target Type	Value
Downside Target	150.55
Downside Target	154.95
Upside Target	162.40
Upside Target	168.20
Upside Target	179.95
Upside Target	660.95
Upside Target	731.15
Upside Target	751.75
Upside Target	791.90
Upside Target	806.55
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	153.63
Downside Intraday Target	146.17
Upside Intraday Target	165.48
Upside Intraday Target	169.87
Downside Intraday Target	158.02

Weekly technical analysis of Redtape (REDTAPE)

Date	Weekly Closing Price	Open	High	Low	Volume
19 Wed Feb 2025	161.10	157.00	162.40	150.55	0.226 times
14 Fri Feb 2025	158.35	169.00	179.95	154.95	1.122 times
07 Fri Feb 2025	169.10	742.00	774.00	168.20	6.527 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

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
19 Wed Feb 2025	161.10	742.00	774.00	150.55	4.617 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, and volume has increased substantially. This means that the move can 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 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 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 but BUY signal is weak.

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 168.75 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.