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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 2024-06-25 View latest technical analysis

10 day averaged volume of Relaxo Footwears is 68770

Date	Daily Closing Price	Open	High	Low	Volume
25 Tue Jun 2024	831.95	832.00	834.40	828.40	0.524 times
24 Mon Jun 2024	830.20	825.35	835.50	825.35	0.703 times
21 Fri Jun 2024	830.05	837.00	844.95	826.65	1.679 times
20 Thu Jun 2024	836.80	829.05	845.50	828.70	1.251 times
19 Wed Jun 2024	829.05	830.00	835.15	826.85	0.824 times
18 Tue Jun 2024	831.65	834.00	836.85	826.05	1.193 times
14 Fri Jun 2024	834.10	834.45	839.75	830.00	0.694 times
13 Thu Jun 2024	834.45	830.00	837.45	828.00	0.908 times
12 Wed Jun 2024	829.60	832.00	835.95	826.00	0.825 times
11 Tue Jun 2024	831.85	835.00	837.50	829.20	0.804 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 835.8 as stoploss in an intra day sell trade for a target of 818.66. However, stock will show a bullish move above 835.8.

Share price targets for Relaxo Footwears (RELAXO)

Target Type	Value
Downside Target	758.25
Downside Target	788.00
Downside Target	810.00
Upside Target	835.50
Upside Target	839.75
Upside Target	845.50
Upside Target	850.00
Upside Target	869.00
Upside Target	882.00
Upside Target	949.00

Intraday share price targets for Relaxo Footwears (RELAXO)

Target Type	Value
Downside Intraday Target	826.37
Downside Intraday Target	820.78
Upside Intraday Target	836.52
Upside Intraday Target	841.08
Downside Intraday Target	830.93

Weekly technical analysis of Relaxo Footwears (RELAXO)

Date	Weekly Closing Price	Open	High	Low	Volume
25 Tue Jun 2024	831.95	825.35	835.50	825.35	0.248 times
21 Fri Jun 2024	830.05	834.00	845.50	826.05	1.137 times
14 Fri Jun 2024	834.10	825.00	839.75	823.10	0.754 times
07 Fri Jun 2024	820.25	801.10	828.00	758.25	1.394 times
31 Fri May 2024	789.25	820.10	829.90	788.00	1.635 times

Price has moved up 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
25 Tue Jun 2024	831.95	801.10	845.50	758.25	0.868 times
31 Fri May 2024	789.25	840.00	869.00	788.00	1.008 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

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 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 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 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 Weak and stock is losing momentum.

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

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. Bears are getting stronger in this stock.

Ichimoku cloud is of green color and prices are above the green 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 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 832.02 and Relaxo Footwears (RELAXO) stock is trading below this level. This means that stock is falling with high volumes. VWAP is falling down

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 has given negative 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.