(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 2024-02-16 View latest technical analysis
10 day averaged volume of Relaxo Footwears is 125405
Date | Daily Closing Price | Open | High | Low | Volume |
16 Fri Feb 2024 | 842.05 | 849.90 | 860.80 | 835.95 | 0.619 times |
15 Thu Feb 2024 | 847.60 | 845.00 | 852.80 | 843.00 | 0.408 times |
14 Wed Feb 2024 | 850.40 | 860.00 | 861.15 | 848.80 | 3.677 times |
13 Tue Feb 2024 | 867.70 | 844.20 | 874.50 | 837.50 | 0.522 times |
12 Mon Feb 2024 | 841.75 | 851.85 | 856.55 | 839.10 | 0.354 times |
09 Fri Feb 2024 | 851.90 | 863.95 | 864.65 | 848.60 | 0.822 times |
08 Thu Feb 2024 | 859.95 | 878.75 | 878.75 | 855.00 | 0.534 times |
07 Wed Feb 2024 | 878.75 | 860.00 | 882.00 | 853.00 | 1.079 times |
06 Tue Feb 2024 | 857.55 | 845.95 | 865.00 | 845.70 | 0.668 times |
05 Mon Feb 2024 | 845.65 | 838.85 | 848.90 | 838.00 | 0.855 times |
My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 843.3, but if it comes above 843.3, then a intra day buy could be more profitable.
If you take a sell trade below 843.3, then use 843.3 as stoploss and 830.5 as target. However if you take a buy trade in stock , then use 843.3 as stoploss and 854 as target.
Share price targets for Relaxo Footwears (RELAXO)
Target Type | Value |
Downside Target | 835.05 |
Upside Target | 882.00 |
Upside Target | 885.00 |
Upside Target | 890.60 |
Upside Target | 899.55 |
Upside Target | 911.50 |
Upside Target | 927.95 |
Upside Target | 936.85 |
Upside Target | 959.00 |
Intraday share price targets for Relaxo Footwears (RELAXO)
Target Type | Value |
Downside Intraday Target | 827.17 |
Downside Intraday Target | 812.28 |
Upside Intraday Target | 865.72 |
Upside Intraday Target | 889.38 |
Upside Intraday Target | 850.83 |
Weekly technical analysis of Relaxo Footwears (RELAXO)
Date | Weekly Closing Price | Open | High | Low | Volume |
16 Fri Feb 2024 | 842.05 | 851.85 | 874.50 | 835.95 | 1.41 times |
09 Fri Feb 2024 | 851.90 | 838.85 | 882.00 | 838.00 | 0.987 times |
02 Fri Feb 2024 | 838.85 | 850.60 | 869.00 | 835.05 | 1.47 times |
25 Thu Jan 2024 | 851.35 | 875.00 | 879.00 | 849.05 | 0.799 times |
19 Fri Jan 2024 | 871.55 | 895.60 | 899.55 | 870.40 | 0.916 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 |
16 Fri Feb 2024 | 842.05 | 854.00 | 882.00 | 835.05 | 0.791 times |
31 Wed Jan 2024 | 860.10 | 903.50 | 911.50 | 842.35 | 1.12 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 |
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 neutral. A longer time frame might give a better analysis.
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 neutral. A longer time frame might give a better analysis.
Price action analysis of Relaxo Footwears ( (RELAXO) ) 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 Relaxo Footwears stock for short term is BUY. Signal strength is Weak and stock is gaining momentum.
MACD generated a BUY signal for Relaxo Footwears in short term but the buy signal is initial and weak.
Relaxo Footwears Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are getting stronger in this stock.
Ichimoku cloud is of red color and prices are below the red cloud Prices appear to be coming down
CCI has generated a SELL signal for Relaxo Footwears in short term and SELL signal is strong!
RSI is generating a BUY signal in short term and the buying is gaining momentum.
MRSI is in positive zone. This is a BUY zone
Stock of Relaxo Footwears is picking up buying momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 854.31 and Relaxo Footwears (RELAXO) stock is trading below this level. This means that stock is falling with high volumes. 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 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 Relaxo Footwears ( (RELAXO) ) based on a short term time period is neutral. A longer time frame might give a better analysis.
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 neutral. A longer time frame might give a better analysis.
Price action analysis of Relaxo Footwears ( (RELAXO) ) 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 Relaxo Footwears stock for short term is BUY. Signal strength is Weak and stock is gaining momentum.
MACD generated a BUY signal for Relaxo Footwears in short term but the buy signal is initial and weak.
Relaxo Footwears Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are getting stronger in this stock.
Ichimoku cloud is of red color and prices are below the red cloud Prices appear to be coming down
CCI has generated a SELL signal for Relaxo Footwears in short term and SELL signal is strong!
RSI is generating a BUY signal in short term and the buying is gaining momentum.
MRSI is in positive zone. This is a BUY zone
Stock of Relaxo Footwears is picking up buying momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 854.31 and Relaxo Footwears (RELAXO) stock is trading below this level. This means that stock is falling with high volumes. 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 negative.
Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.
Click here for Relaxo Footwears charts
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Daily charts
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