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.

10 day averaged volume of Relaxo Footwears is 49676

Date	Daily Closing Price	Open	High	Low	Volume
24 Wed Apr 2024	823.70	826.30	833.40	820.00	1.076 times
23 Tue Apr 2024	821.80	824.75	826.95	815.90	0.707 times
22 Mon Apr 2024	812.45	814.15	822.00	810.00	1.282 times
19 Fri Apr 2024	814.15	819.00	822.00	810.10	0.726 times
18 Thu Apr 2024	819.85	819.00	825.00	817.55	0.88 times
16 Tue Apr 2024	820.20	817.00	834.05	810.00	1.1 times
15 Mon Apr 2024	823.10	820.10	831.65	815.90	0.931 times
12 Fri Apr 2024	830.20	830.00	834.85	825.30	1.451 times
10 Wed Apr 2024	830.70	828.15	838.95	827.70	1.027 times
09 Tue Apr 2024	826.05	834.85	839.30	825.00	0.822 times

My analysis of stock is bearish for shortterm, and stock might move down till 809.9 or till 793.2. Use a stoploss of 823.8 and if the stock hits stoploss, then it can shoot up till 837.72

Share price targets for Relaxo Footwears (RELAXO)

Target Type	Value
Downside Target	762.45
Downside Target	810.00
Upside Target	842.35
Upside Target	845.90
Upside Target	846.00
Upside Target	882.00
Upside Target	890.60
Upside Target	911.50
Upside Target	927.95
Upside Target	949.00

Intraday share price targets for Relaxo Footwears (RELAXO)

Target Type	Value
Downside Intraday Target	811.33
Downside Intraday Target	798.97
Upside Intraday Target	834.73
Upside Intraday Target	845.77
Downside Intraday Target	822.37

Weekly technical analysis of Relaxo Footwears (RELAXO)

Date	Weekly Closing Price	Open	High	Low	Volume
24 Wed Apr 2024	823.70	814.15	833.40	810.00	0.843 times
19 Fri Apr 2024	814.15	820.10	834.05	810.00	0.832 times
12 Fri Apr 2024	830.20	835.25	845.90	825.00	0.486 times
05 Fri Apr 2024	840.45	824.95	846.00	813.00	0.375 times
28 Thu Mar 2024	817.30	827.30	833.40	762.45	1.984 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
24 Wed Apr 2024	823.70	824.95	846.00	810.00	0.345 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
31 Wed Jan 2024	860.10	903.50	911.50	842.35	1.12 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 buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.

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 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 Weak and stock is losing momentum.

MACD generated a SELL signal for Relaxo Footwears in short term and the sell signal is strong.

MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.

Relaxo Footwears Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are weakening, and bulls are picking up momentum!

Ichimoku cloud is of red color and prices are in or above 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 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 822.51 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.