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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 2025-05-19 View latest technical analysis

10 day averaged volume of Redtape is 198128

Date	Daily Closing Price	Open	High	Low	Volume
19 Mon May 2025	145.60	140.04	148.29	140.04	2.498 times
16 Fri May 2025	140.04	140.07	141.19	138.66	1.124 times
15 Thu May 2025	140.08	139.91	140.92	138.32	1.233 times
14 Wed May 2025	139.91	140.69	141.62	137.83	0.974 times
13 Tue May 2025	139.62	140.00	140.30	136.55	1.005 times
12 Mon May 2025	139.70	136.25	140.50	136.25	1.196 times
09 Fri May 2025	133.35	128.52	134.77	128.42	0.791 times
08 Thu May 2025	130.52	134.32	136.98	129.69	0.91 times
07 Wed May 2025	134.31	129.00	137.00	128.90	1.035 times
06 Tue May 2025	131.27	134.57	134.64	130.00	0.684 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 bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 142.9, but if it comes below 142.9, then a intra day sell could be more profitable.
If you take a sell trade below 142.9, then use 142.9 as stoploss and 138.09 as target. However if you take a buy trade in stock , then use 142.9 as stoploss and 148.7 as target.

Share price targets for Redtape (REDTAPE)

Target Type	Value
Downside Target	125.55
Downside Target	128.42
Downside Target	136.25
Upside Target	147.48
Upside Target	148.29
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	141
Downside Intraday Target	136.39
Upside Intraday Target	149.25
Upside Intraday Target	152.89
Downside Intraday Target	144.64

Weekly technical analysis of Redtape (REDTAPE)

Date	Weekly Closing Price	Open	High	Low	Volume
19 Mon May 2025	145.60	140.04	148.29	140.04	0.452 times
16 Fri May 2025	140.04	136.25	141.62	136.25	1.237 times
09 Fri May 2025	133.35	132.00	137.00	128.42	1.089 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

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 Mon May 2025	145.60	132.00	148.29	128.42	0.474 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 positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.

Price action analysis of Redtape ( (REDTAPE) ) based on a short to mid term time period is positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.

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 Strong and stock is gaining 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 HIGHS, which reflects strong buying momentum in short term! Bulls are getting tired and bears are picking up momentum.

Ichimoku cloud is of red color and prices are in or above 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 BUY signal in short term and the buying is gaining 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 138.91 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 is giving positive 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.