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(REDTAPE) Redtape complete technical analysis [charts+indicators] | Buy/Sell Redtape | (REDTAPE) share price targets

Complete technical analysis of Redtape (REDTAPE) by charts plus indicators, forecast predictions and share price targets for Redtape (REDTAPE)

10 day averaged volume of Redtape is 425737

Date	Daily Closing Price	Open	High	Low	Volume
30 Fri May 2025	134.15	139.80	140.40	133.00	1.55 times
29 Thu May 2025	139.41	140.00	142.95	138.80	1.349 times
28 Wed May 2025	140.40	140.10	143.89	138.00	3.136 times
27 Tue May 2025	150.37	145.22	153.66	144.20	1.309 times
26 Mon May 2025	145.22	146.30	147.54	142.50	0.655 times
23 Fri May 2025	146.30	143.99	147.72	141.77	0.518 times
22 Thu May 2025	143.86	144.28	146.34	141.37	0.405 times
21 Wed May 2025	143.56	138.01	145.00	138.01	0.467 times
20 Tue May 2025	141.55	146.28	148.29	141.00	0.475 times
19 Mon May 2025	145.60	140.04	148.29	140.04	1.162 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 134.4, but if it comes above 134.4, then a intra day buy could be more profitable.
If you take a sell trade below 134.4, then use 134.4 as stoploss and 128.1 as target. However if you take a buy trade in stock , then use 134.4 as stoploss and 139.66 as target.

Share price targets for Redtape (REDTAPE)

Target Type	Value
Downside Target	125.55
Downside Target	128.42
Upside Target	136.25
Upside Target	141.62
Upside Target	148.29
Upside Target	151.00
Upside Target	153.66
Upside Target	167.97
Upside Target	660.95
Upside Target	774.00
Upside Target	884.85

Intraday share price targets for Redtape (REDTAPE)

Target Type	Value
Downside Intraday Target	126.88
Downside Intraday Target	119.61
Upside Intraday Target	147.54
Upside Intraday Target	160.93
Upside Intraday Target	140.27

Weekly technical analysis of Redtape (REDTAPE)

Date	Weekly Closing Price	Open	High	Low	Volume
30 Fri May 2025	134.15	146.30	153.66	133.00	2.641 times
23 Fri May 2025	146.30	140.04	148.29	138.01	1.177 times
16 Fri May 2025	140.04	136.25	141.62	136.25	1.237 times
09 Fri May 2025	133.35	132.00	137.00	128.42	1.089 times
02 Fri May 2025	130.62	137.00	141.81	129.92	0.372 times

Price has moved down this week, and volume has increased substantially. This means that the move can continue in coming weeks.

Monthly technical analysis of Redtape (REDTAPE)

Date	Monthly Closing Price	Open	High	Low	Volume
30 Fri May 2025	134.15	132.00	153.66	128.42	1.22 times
30 Wed Apr 2025	131.65	147.99	151.00	125.55	0.617 times
28 Fri Mar 2025	145.96	144.89	167.97	131.55	1.262 times
28 Fri Feb 2025	144.85	742.00	774.00	143.45	5.351 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 Redtape (REDTAPE)

Price action analysis of Redtape ( (REDTAPE) ) based on a short 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 Redtape ( (REDTAPE) ) based on a short to mid 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 Redtape ( (REDTAPE) ) based on a mid to longer 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.

ADX buy sell signal for Redtape stock for short term is SELL. Signal strength is Weak and stock is losing momentum.

MACD generated a BUY signal for Redtape in short term but the buy signal is initial and weak.

Redtape Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are getting stronger in this stock.

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 Redtape in short term and SELL signal is strong!

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 Redtape is picking up selling momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 142.01 and Redtape (REDTAPE) 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 Redtape (REDTAPE) stock. Volume based technical analysis of Redtape (REDTAPE) stock is negative.

Redtape 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.