Daily Technical Analysis Weekly Analysis Monthly Analysis Renko chart MACD chart Bollinger Bands chart Stochastics charts Force Index charts

(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 2025-05-05 View latest technical analysis

10 day averaged volume of Redtape is 322043

Date	Daily Closing Price	Open	High	Low	Volume
05 Mon May 2025	133.90	132.00	134.39	129.82	0.645 times
02 Fri May 2025	130.62	132.00	134.26	129.92	0.613 times
30 Wed Apr 2025	131.65	138.00	139.12	131.00	0.827 times
29 Tue Apr 2025	138.06	140.03	141.81	137.50	0.465 times
28 Mon Apr 2025	139.55	137.00	140.94	135.10	0.62 times
25 Fri Apr 2025	138.36	142.86	143.98	137.57	0.885 times
24 Thu Apr 2025	142.46	144.00	144.29	141.70	0.623 times
23 Wed Apr 2025	144.16	143.20	147.48	140.59	3.71 times
22 Tue Apr 2025	143.89	144.35	144.90	142.88	0.841 times
21 Mon Apr 2025	144.82	144.58	145.31	143.17	0.734 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 136.1, but if it comes above 136.1, then a intra day buy could be more profitable.
If you take a sell trade below 136.1, then use 136.1 as stoploss and 130.1 as target. However if you take a buy trade in stock , then use 136.1 as stoploss and 141.01 as target.

Share price targets for Redtape (REDTAPE)

Target Type	Value
Downside Target	125.55
Downside Target	129.82
Upside Target	134.39
Upside Target	137.57
Upside Target	141.81
Upside Target	147.48
Upside Target	151.00
Upside Target	167.97
Upside Target	660.95
Upside Target	774.00
Upside Target	884.85

Intraday share price targets for Redtape (REDTAPE)

Target Type	Value
Downside Intraday Target	131.02
Downside Intraday Target	128.13
Upside Intraday Target	135.59
Upside Intraday Target	137.27
Downside Intraday Target	132.7

Weekly technical analysis of Redtape (REDTAPE)

Date	Weekly Closing Price	Open	High	Low	Volume
05 Mon May 2025	133.90	132.00	134.39	129.82	0.255 times
02 Fri May 2025	130.62	137.00	141.81	129.92	0.372 times
25 Fri Apr 2025	138.36	144.58	147.48	137.57	2.608 times
17 Thu Apr 2025	144.09	147.00	151.00	143.50	1.073 times
11 Fri Apr 2025	143.96	130.00	144.79	125.55	0.645 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
05 Mon May 2025	133.90	132.00	134.39	129.82	0.072 times
30 Wed Apr 2025	131.65	147.99	151.00	125.55	0.617 times
28 Fri Mar 2025	145.96	144.89	167.97	131.55	1.262 times
28 Fri Feb 2025	144.85	742.00	774.00	143.45	5.351 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 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 BUY signal for Redtape in short term but the buy signal is initial and weak.

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 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 140.46 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.