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(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 2024-04-26 View latest technical analysis

10 day averaged volume of Relaxo Footwears is 57042

Date	Daily Closing Price	Open	High	Low	Volume
26 Fri Apr 2024	831.25	843.05	850.00	828.00	1.058 times
25 Thu Apr 2024	840.45	823.70	845.45	823.15	2.006 times
24 Wed Apr 2024	823.70	826.30	833.40	820.00	0.937 times
23 Tue Apr 2024	821.80	824.75	826.95	815.90	0.615 times
22 Mon Apr 2024	812.45	814.15	822.00	810.00	1.117 times
19 Fri Apr 2024	814.15	819.00	822.00	810.10	0.632 times
18 Thu Apr 2024	819.85	819.00	825.00	817.55	0.766 times
16 Tue Apr 2024	820.20	817.00	834.05	810.00	0.958 times
15 Mon Apr 2024	823.10	820.10	831.65	815.90	0.811 times
12 Fri Apr 2024	830.20	830.00	834.85	825.30	1.263 times

My analysis of stock is bullish for shortterm, and stock might move up till 839.3 or till 856.4. Use a stoploss of 825.06 and if this stock hits its stoploss, then it can fall down till 810.82

Share price targets for Relaxo Footwears (RELAXO)

Target Type	Value
Downside Target	762.45
Downside Target	810.00
Upside Target	845.90
Upside Target	846.00
Upside Target	850.00
Upside Target	882.00
Upside Target	890.60
Upside Target	911.50
Upside Target	927.95
Upside Target	949.00

Intraday share price targets for Relaxo Footwears (RELAXO)

Target Type	Value
Downside Intraday Target	810.83
Downside Intraday Target	790.42
Upside Intraday Target	850.83
Upside Intraday Target	870.42
Downside Intraday Target	830.42

Weekly technical analysis of Relaxo Footwears (RELAXO)

Date	Weekly Closing Price	Open	High	Low	Volume
26 Fri Apr 2024	831.25	814.15	850.00	810.00	1.81 times
19 Fri Apr 2024	814.15	820.10	834.05	810.00	0.832 times
12 Fri Apr 2024	830.20	835.25	845.90	825.00	0.486 times
05 Fri Apr 2024	840.45	824.95	846.00	813.00	0.375 times
28 Thu Mar 2024	817.30	827.30	833.40	762.45	1.984 times

Price has moved up this week, and volume has increased substantially. This means that the move can continue in coming weeks.

Monthly technical analysis of Relaxo Footwears (RELAXO)

Date	Monthly Closing Price	Open	High	Low	Volume
26 Fri Apr 2024	831.25	824.95	850.00	810.00	0.405 times
28 Thu Mar 2024	817.30	839.85	949.00	762.45	1.32 times
29 Thu Feb 2024	835.70	854.00	882.00	827.25	1.194 times
31 Wed Jan 2024	860.10	903.50	911.50	842.35	1.12 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 Relaxo Footwears (RELAXO)

Price action analysis of Relaxo Footwears ( (RELAXO) ) 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 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 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.

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

Relaxo Footwears 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 stronger in this stock.

Ichimoku cloud is of red color and prices are in or above the red cloud Prices appear to be coming down

CCI has generated a buy signal for Relaxo Footwears in short term and BUY signal is strong.

RSI is generating a BUY signal in short term but buying is losing momentum.

MRSI is in negative zone. This is the SELL 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 825.99 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.