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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 2024-08-27 View latest technical analysis

10 day averaged volume of Relaxo Footwears is 66097

Date	Daily Closing Price	Open	High	Low	Volume
27 Tue Aug 2024	801.40	800.90	806.65	797.40	0.826 times
26 Mon Aug 2024	800.90	814.55	817.90	794.60	1.489 times
23 Fri Aug 2024	810.45	818.50	827.00	809.00	0.703 times
22 Thu Aug 2024	818.50	814.05	819.60	809.10	0.712 times
21 Wed Aug 2024	809.10	803.95	814.45	798.35	0.81 times
20 Tue Aug 2024	801.30	806.30	806.45	799.85	0.402 times
19 Mon Aug 2024	799.60	781.80	801.95	778.50	1.044 times
16 Fri Aug 2024	778.00	789.30	792.90	770.95	1.974 times
14 Wed Aug 2024	785.00	795.00	798.05	784.40	0.922 times
13 Tue Aug 2024	794.75	816.00	819.50	793.00	1.397 times

My analysis of stock is bearish for shortterm, but stock is semi over sold and there are some chances of seeing a recovery tomorrow. Use 794.6 as stoploss in an intra day buy trade for a target of 819.4. However, stock will show a bearish move below 794.6.

Share price targets for Relaxo Footwears (RELAXO)

Target Type	Value
Downside Target	758.25
Upside Target	827.00
Upside Target	838.65
Upside Target	843.00
Upside Target	845.50
Upside Target	850.00
Upside Target	860.00
Upside Target	869.00
Upside Target	888.20

Intraday share price targets for Relaxo Footwears (RELAXO)

Target Type	Value
Downside Intraday Target	791.37
Downside Intraday Target	781.33
Upside Intraday Target	814.67
Upside Intraday Target	827.93
Upside Intraday Target	804.63

Weekly technical analysis of Relaxo Footwears (RELAXO)

Date	Weekly Closing Price	Open	High	Low	Volume
27 Tue Aug 2024	801.40	814.55	817.90	794.60	0.631 times
23 Fri Aug 2024	810.45	781.80	827.00	778.50	0.759 times
16 Fri Aug 2024	778.00	822.20	824.20	770.95	0.881 times
09 Fri Aug 2024	822.20	834.00	843.00	812.00	0.298 times
02 Fri Aug 2024	843.65	864.95	888.20	838.65	1.515 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
27 Tue Aug 2024	801.40	848.95	860.00	770.95	0.43 times
31 Wed Jul 2024	868.70	832.60	888.20	812.00	2.194 times
28 Fri Jun 2024	827.30	801.10	845.50	758.25	1.118 times
31 Fri May 2024	789.25	840.00	869.00	788.00	1.008 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 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 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 SELL. Signal strength is Strong and stock is losing momentum.

MACD generated a SELL signal for Relaxo Footwears in short term and the sell 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 moving up

CCI has generated a SELL signal for Relaxo Footwears in short term but SELL signal is weak.

RSI is generating a SELL signal in short term and selling is picking up 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 796.68 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 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.