Mobile app version of munafa.org
Login or Join
 Learn then Earn

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)

10 day averaged volume of Redtape is 258604

Date Daily Closing Price Open High Low Volume
01 Fri Dec 2023 491.80 484.80 494.40 480.45 0.911 times
30 Thu Nov 2023 488.90 492.05 508.00 474.90 3.484 times
29 Wed Nov 2023 491.85 501.00 504.50 487.00 0.656 times
28 Tue Nov 2023 500.25 490.00 503.95 484.05 1.191 times
24 Fri Nov 2023 493.65 494.00 501.45 485.20 0.668 times
23 Thu Nov 2023 490.45 485.00 496.60 484.95 0.558 times
22 Wed Nov 2023 485.00 493.55 493.55 480.00 0.709 times
21 Tue Nov 2023 489.10 488.45 494.70 484.25 0.691 times
20 Mon Nov 2023 483.80 475.00 490.00 470.40 0.802 times
17 Fri Nov 2023 475.40 469.50 478.30 466.60 0.624 times

My analysis of stock is bearish for shortterm, and stock might move down till 465.2 or till 432.9. Use a stoploss of 492.2 and if the stock hits stoploss, then it can shoot up till 519.18

Share price targets for Redtape (REDTAPE)

Target Type Value
Downside Target 411.05
Downside Target 444.15
Downside Target 461.10
Downside Target 470.40
Upside Target 494.40
Upside Target 500.00
Upside Target 501.45
Upside Target 508.00
Upside Target 546.00
Upside Target 567.70
Upside Target 575.00

Intraday share price targets for Redtape (REDTAPE)

Target Type Value
Downside Intraday Target 475.13
Downside Intraday Target 458.47
Upside Intraday Target 508.23
Upside Intraday Target 524.67
Downside Intraday Target 491.57

Weekly technical analysis of Redtape (REDTAPE)

Date Weekly Closing Price Open High Low Volume
01 Fri Dec 2023 491.80 490.00 508.00 474.90 1.821 times
24 Fri Nov 2023 493.65 475.00 501.45 470.40 0.639 times
17 Fri Nov 2023 475.40 482.70 484.70 444.15 0.358 times
10 Fri Nov 2023 475.50 540.00 567.70 461.10 5.293 times
03 Fri Nov 2023 538.20 508.00 546.00 500.00 0.488 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
01 Fri Dec 2023 491.80 484.80 494.40 480.45 0.029 times
30 Thu Nov 2023 488.90 519.95 567.70 444.15 1.225 times
31 Tue Oct 2023 513.50 450.00 575.00 446.10 1.511 times
29 Fri Sep 2023 450.50 469.95 471.00 411.05 5.466 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 negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small

Price action analysis of Redtape ( (REDTAPE) ) based on a short term time period is negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this 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 positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.

ADX buy sell signal for Redtape stock for short term is SELL. Signal strength is Weak and stock is losing momentum.

MACD generated a BUY signal for Redtape in short term and the buy signal is strong.

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

Redtape Stock in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. Bulls are getting tired and bears 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 SELL signal for Redtape in short term but SELL 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 489.58 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.

Price action analysis of Redtape ( (REDTAPE) ) based on a short term time period is negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small

Price action analysis of Redtape ( (REDTAPE) ) based on a short term time period is negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this 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 positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.

ADX buy sell signal for Redtape stock for short term is SELL. Signal strength is Weak and stock is losing momentum.

MACD generated a BUY signal for Redtape in short term and the buy signal is strong.

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

Redtape Stock in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. Bulls are getting tired and bears 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 SELL signal for Redtape in short term but SELL 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 489.58 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.

Click here for Redtape charts

Click here for further forecast and predictions for tomorrow

Daily charts

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

Daily chart
Back to top | Use Dark Theme