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

(RELAXO) Relaxo Footwears complete technical analysis [charts+indicators] | Buy/Sell Relaxo Footwears | (RELAXO) share price targets

Complete technical analysis of Relaxo Footwears (RELAXO) by charts plus indicators, forecast predictions and share price targets for Relaxo Footwears (RELAXO)

Relaxo Footwears trades in NSE in Footwear sector.

Showing technical analysis as on 2024-01-11 View latest technical analysis

10 day averaged volume of Relaxo Footwears is 74507

Date	Daily Closing Price	Open	High	Low	Volume
11 Thu Jan 2024	900.00	892.95	902.70	892.95	1.978 times
10 Wed Jan 2024	891.65	895.50	902.25	890.00	0.919 times
09 Tue Jan 2024	895.05	896.05	904.00	891.65	0.853 times
08 Mon Jan 2024	896.60	900.05	909.00	895.00	0.974 times
05 Fri Jan 2024	902.05	901.10	906.30	900.00	1.142 times
04 Thu Jan 2024	901.60	901.65	911.50	899.00	1.083 times
03 Wed Jan 2024	899.20	899.00	904.90	897.20	0.525 times
02 Tue Jan 2024	902.70	903.00	906.70	896.00	0.966 times
01 Mon Jan 2024	903.40	903.50	909.95	900.40	0.985 times
29 Fri Dec 2023	903.50	895.35	904.45	895.30	1.393 times

My analysis of stock is bearish for shortterm, and stock might move down till 895.5 or till 889. Use a stoploss of 900.84 and if the stock hits stoploss, then it can shoot up till 906.2

Share price targets for Relaxo Footwears (RELAXO)

Target Type	Value
Downside Target	860.00
Downside Target	880.00
Upside Target	909.00
Upside Target	911.50
Upside Target	913.60
Upside Target	925.00
Upside Target	927.95
Upside Target	935.00
Upside Target	936.85
Upside Target	959.00

Intraday share price targets for Relaxo Footwears (RELAXO)

Target Type	Value
Downside Intraday Target	890.33
Downside Intraday Target	880.67
Upside Intraday Target	909.33
Upside Intraday Target	918.67
Downside Intraday Target	899.67

Weekly technical analysis of Relaxo Footwears (RELAXO)

Date	Weekly Closing Price	Open	High	Low	Volume
11 Thu Jan 2024	900.00	900.05	909.00	890.00	1.005 times
05 Fri Jan 2024	902.05	903.50	911.50	896.00	1.05 times
29 Fri Dec 2023	903.50	901.90	905.90	893.00	0.892 times
22 Fri Dec 2023	898.15	908.30	913.60	890.60	0.901 times
15 Fri Dec 2023	911.15	919.00	925.00	905.00	1.044 times

Price has moved down 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 Relaxo Footwears (RELAXO)

Date	Monthly Closing Price	Open	High	Low	Volume
11 Thu Jan 2024	900.00	903.50	911.50	890.00	0.428 times
29 Fri Dec 2023	903.50	910.05	927.95	890.60	0.874 times
30 Thu Nov 2023	910.05	891.65	959.00	885.00	1.205 times
31 Tue Oct 2023	898.00	900.65	936.85	860.00	0.841 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 Relaxo Footwears (RELAXO)

Price action analysis of Relaxo Footwears ( (RELAXO) ) 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 Relaxo Footwears ( (RELAXO) ) 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 Relaxo Footwears ( (RELAXO) ) based on a mid to longer term time period is neutral. A longer time frame might give a better analysis.

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

MACD generated a SELL signal for Relaxo Footwears 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.

Relaxo Footwears 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 Relaxo Footwears in short term but BUY signal is weak.

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 Relaxo Footwears is picking up selling momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 899.93 and Relaxo Footwears (RELAXO) 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 Relaxo Footwears (RELAXO) stock. Volume based technical analysis of Relaxo Footwears (RELAXO) stock is negative.

Relaxo Footwears Stock is giving positive returns over a short term period. Returns for a longer term period have been positive

Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.