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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 2024-05-13 View latest technical analysis

10 day averaged volume of Relaxo Footwears is 74535

Date	Daily Closing Price	Open	High	Low	Volume
13 Mon May 2024	835.70	845.00	849.00	830.00	0.856 times
10 Fri May 2024	851.30	831.00	860.35	827.60	1.9 times
09 Thu May 2024	842.55	849.60	869.00	835.75	2.263 times
08 Wed May 2024	845.20	843.20	852.00	839.15	0.942 times
07 Tue May 2024	838.60	828.60	841.00	825.00	0.947 times
06 Mon May 2024	828.60	825.15	834.00	821.10	0.586 times
03 Fri May 2024	825.45	834.45	834.45	818.05	0.538 times
02 Thu May 2024	829.70	840.00	841.60	825.00	0.55 times
30 Tue Apr 2024	834.30	832.25	850.00	815.50	0.93 times
29 Mon Apr 2024	832.25	832.00	843.60	827.05	0.535 times

My analysis of stock is bullish for shortterm, but stock is in semi over bought zones and there are some chances of seeing a fall tomorrow. Use 840.1 as stoploss in an intra day sell trade for a target of 830.04. However, stock will show a bullish move above 840.1.

Share price targets for Relaxo Footwears (RELAXO)

Target Type	Value
Downside Target	762.45
Downside Target	810.00
Upside Target	849.00
Upside Target	850.00
Upside Target	869.00
Upside Target	882.00
Upside Target	911.50
Upside Target	949.00

Intraday share price targets for Relaxo Footwears (RELAXO)

Target Type	Value
Downside Intraday Target	827.47
Downside Intraday Target	819.23
Upside Intraday Target	846.47
Upside Intraday Target	857.23
Upside Intraday Target	838.23

Weekly technical analysis of Relaxo Footwears (RELAXO)

Date	Weekly Closing Price	Open	High	Low	Volume
13 Mon May 2024	835.70	845.00	849.00	830.00	0.129 times
10 Fri May 2024	851.30	825.15	869.00	821.10	2.6 times
03 Fri May 2024	825.45	832.00	850.00	815.50	0.582 times
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

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
13 Mon May 2024	835.70	840.00	869.00	818.05	0.499 times
30 Tue Apr 2024	834.30	824.95	850.00	810.00	0.443 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

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 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 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 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 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 BUY. Signal strength is Strong and stock is gaining momentum.

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

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 tired and bears are picking up momentum.

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 but SELL signal is weak.

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

MRSI is in positive zone. This is a BUY zone

Although the stock is in the BUY zone, but buying 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 839.75 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 positive

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