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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 2024-09-02 View latest technical analysis

10 day averaged volume of Relaxo Footwears is 61799

Date	Daily Closing Price	Open	High	Low	Volume
02 Mon Sep 2024	805.75	797.00	825.00	797.00	3.324 times
30 Fri Aug 2024	796.85	805.90	806.90	795.00	1.293 times
29 Thu Aug 2024	802.85	804.00	809.50	798.05	1.011 times
28 Wed Aug 2024	801.05	805.00	806.95	798.25	1.292 times
27 Tue Aug 2024	801.40	800.90	806.65	797.40	0.884 times
26 Mon Aug 2024	800.90	814.55	817.90	794.60	1.593 times
23 Fri Aug 2024	810.45	818.50	827.00	809.00	0.752 times
22 Thu Aug 2024	818.50	814.05	819.60	809.10	0.761 times
21 Wed Aug 2024	809.10	803.95	814.45	798.35	0.867 times
20 Tue Aug 2024	801.30	806.30	806.45	799.85	0.43 times

Stock of Relaxo Footwears (RELAXO) has showed a significant upmove. This could be a good time to enter in this stock!

My analysis of stock is bearish for shortterm, and stock might move down till 793 or till 774.8. Use a stoploss of 808.16 and if the stock hits stoploss, then it can shoot up till 823.3

Share price targets for Relaxo Footwears (RELAXO)

Target Type	Value
Downside Target	758.25
Upside Target	824.20
Upside Target	825.00
Upside Target	827.00
Upside Target	843.00
Upside Target	845.50
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	793.5
Downside Intraday Target	781.25
Upside Intraday Target	821.5
Upside Intraday Target	837.25
Upside Intraday Target	809.25

Weekly technical analysis of Relaxo Footwears (RELAXO)

Date	Weekly Closing Price	Open	High	Low	Volume
02 Mon Sep 2024	805.75	797.00	825.00	797.00	0.547 times
30 Fri Aug 2024	796.85	814.55	817.90	794.60	1.547 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

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
02 Mon Sep 2024	805.75	797.00	825.00	797.00	0.13 times
30 Fri Aug 2024	796.85	848.95	860.00	770.95	0.5 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

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 positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.

Price action analysis of Relaxo Footwears ( (RELAXO) ) based on a short to mid term time period is positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.

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 losing 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. 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 and BUY signal is strong.

RSI is generating a SELL signal in short term but selling is losing momentum.

MRSI is in negative zone. This is the SELL zone

Although the stock is in the SELL zone, but selling 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 804.29 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 negative.

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