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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 2024-09-16 View latest technical analysis

10 day averaged volume of Relaxo Footwears is 96245

Date	Daily Closing Price	Open	High	Low	Volume
16 Mon Sep 2024	827.75	833.10	835.75	826.05	0.357 times
13 Fri Sep 2024	835.75	840.00	843.35	833.20	0.4 times
12 Thu Sep 2024	838.70	835.95	849.00	831.80	0.966 times
11 Wed Sep 2024	835.95	837.40	840.00	829.15	0.885 times
10 Tue Sep 2024	831.05	823.30	844.75	822.95	1.441 times
09 Mon Sep 2024	823.30	825.00	828.85	811.05	0.629 times
06 Fri Sep 2024	825.00	825.00	833.55	818.25	1.059 times
05 Thu Sep 2024	822.85	822.00	827.90	815.60	0.615 times
04 Wed Sep 2024	817.25	821.00	828.00	810.00	0.787 times
03 Tue Sep 2024	821.85	809.80	825.50	809.80	1.084 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 829.6 as stoploss in an intra day sell trade for a target of 816.38. However, stock will show a bullish move above 829.6.

Share price targets for Relaxo Footwears (RELAXO)

Target Type	Value
Downside Target	758.25
Downside Target	827.00
Upside Target	833.55
Upside Target	835.75
Upside Target	845.50
Upside Target	849.00
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	823.95
Downside Intraday Target	820.15
Upside Intraday Target	833.65
Upside Intraday Target	839.55
Upside Intraday Target	829.85

Weekly technical analysis of Relaxo Footwears (RELAXO)

Date	Weekly Closing Price	Open	High	Low	Volume
16 Mon Sep 2024	827.75	833.10	835.75	826.05	0.083 times
13 Fri Sep 2024	835.75	825.00	849.00	811.05	0.761 times
06 Fri Sep 2024	825.00	797.00	833.55	797.00	1.456 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

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 Mon Sep 2024	827.75	797.00	849.00	797.00	0.629 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 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 losing 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 SELL signal in short term and selling is picking up 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 828.04 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 negative.

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