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 2024-05-16 View latest technical analysis

10 day averaged volume of Relaxo Footwears is 76339

Date	Daily Closing Price	Open	High	Low	Volume
16 Thu May 2024	830.95	831.00	835.80	828.00	0.444 times
15 Wed May 2024	826.65	831.05	836.15	826.00	1.134 times
14 Tue May 2024	830.55	841.10	841.10	830.00	0.486 times
13 Mon May 2024	835.70	845.00	849.00	830.00	0.836 times
10 Fri May 2024	851.30	831.00	860.35	827.60	1.855 times
09 Thu May 2024	842.55	849.60	869.00	835.75	2.209 times
08 Wed May 2024	845.20	843.20	852.00	839.15	0.92 times
07 Tue May 2024	838.60	828.60	841.00	825.00	0.924 times
06 Mon May 2024	828.60	825.15	834.00	821.10	0.572 times
03 Fri May 2024	825.45	834.45	834.45	818.05	0.526 times

My analysis of stock is bullish for shortterm, and stock might move up till 840.5 or till 852.1. Use a stoploss of 830.77 and if this stock hits its stoploss, then it can fall down till 821.09

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	821.63
Downside Intraday Target	812.32
Upside Intraday Target	844.63
Upside Intraday Target	858.32
Upside Intraday Target	835.32

Weekly technical analysis of Relaxo Footwears (RELAXO)

Date	Weekly Closing Price	Open	High	Low	Volume
16 Thu May 2024	830.95	845.00	849.00	826.00	0.448 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
16 Thu May 2024	830.95	840.00	869.00	818.05	0.622 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 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 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 Relaxo Footwears ( (RELAXO) ) based on a short to mid 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 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 SELL signal for Relaxo Footwears in short term but the sell 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 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 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 838.84 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.