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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)

Showing technical analysis as on 2025-01-22 View latest technical analysis

10 day averaged volume of Redtape is 57888

Date	Daily Closing Price	Open	High	Low	Volume
22 Wed Jan 2025	752.45	759.00	778.00	745.15	0.458 times
21 Tue Jan 2025	760.25	775.05	779.20	755.00	0.506 times
20 Mon Jan 2025	775.50	760.00	781.70	749.10	0.743 times
17 Fri Jan 2025	751.10	739.20	753.80	738.30	0.397 times
16 Thu Jan 2025	741.90	740.95	755.90	735.15	0.484 times
15 Wed Jan 2025	737.40	732.00	753.00	725.20	0.628 times
14 Tue Jan 2025	737.85	727.40	744.95	723.70	0.883 times
13 Mon Jan 2025	723.55	730.00	752.85	703.70	1.893 times
10 Fri Jan 2025	752.85	784.90	784.90	750.00	2.538 times
09 Thu Jan 2025	788.50	806.75	810.00	782.55	1.248 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 746.5 as stoploss in an intra day buy trade for a target of 805.59. However, stock will show a bearish move below 746.5.

Share price targets for Redtape (REDTAPE)

Target Type	Value
Downside Target	668.95
Downside Target	703.70
Downside Target	745.15
Upside Target	781.70
Upside Target	848.65
Upside Target	874.95
Upside Target	884.85
Upside Target	907.70
Upside Target	914.40
Upside Target	974.65
Upside Target	980.00

Intraday share price targets for Redtape (REDTAPE)

Target Type	Value
Downside Intraday Target	737.83
Downside Intraday Target	723.22
Upside Intraday Target	774.38
Upside Intraday Target	796.32
Upside Intraday Target	759.77

Weekly technical analysis of Redtape (REDTAPE)

Date	Weekly Closing Price	Open	High	Low	Volume
22 Wed Jan 2025	752.45	760.00	781.70	745.15	0.398 times
17 Fri Jan 2025	751.10	730.00	755.90	703.70	0.603 times
10 Fri Jan 2025	752.85	872.90	874.95	750.00	1.383 times
03 Fri Jan 2025	864.20	901.45	907.70	860.00	0.401 times
27 Fri Dec 2024	888.15	907.20	914.40	848.65	1.093 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 Redtape (REDTAPE)

Date	Monthly Closing Price	Open	High	Low	Volume
22 Wed Jan 2025	752.45	877.85	884.85	703.70	0.453 times
31 Tue Dec 2024	873.55	806.55	914.40	806.55	1.208 times
29 Fri Nov 2024	815.45	967.35	974.65	791.90	0.397 times
31 Thu Oct 2024	967.35	798.00	980.00	763.05	1.725 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 Redtape (REDTAPE)

Price action analysis of Redtape ( (REDTAPE) ) 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 Redtape ( (REDTAPE) ) 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 Redtape ( (REDTAPE) ) 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 Redtape stock for short term is SELL. Signal strength is Strong and stock is gaining momentum.

MACD generated a SELL signal for Redtape 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.

Redtape 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 weakening, and bulls 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 Redtape in short term but SELL signal is weak.

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 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 750.85 and Redtape (REDTAPE) 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 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.