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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 2024-08-22 View latest technical analysis

10 day averaged volume of Relaxo Footwears is 64078

Date	Daily Closing Price	Open	High	Low	Volume
22 Thu Aug 2024	818.50	814.05	819.60	809.10	0.734 times
21 Wed Aug 2024	809.10	803.95	814.45	798.35	0.836 times
20 Tue Aug 2024	801.30	806.30	806.45	799.85	0.415 times
19 Mon Aug 2024	799.60	781.80	801.95	778.50	1.077 times
16 Fri Aug 2024	778.00	789.30	792.90	770.95	2.036 times
14 Wed Aug 2024	785.00	795.00	798.05	784.40	0.951 times
13 Tue Aug 2024	794.75	816.00	819.50	793.00	1.441 times
12 Mon Aug 2024	815.65	822.20	824.20	814.20	0.564 times
09 Fri Aug 2024	822.20	836.50	836.50	814.85	1.072 times
08 Thu Aug 2024	832.35	839.35	840.50	828.85	0.663 times

My analysis of stock is bearish for shortterm, and stock might move down till 800 or till 765.4. Use a stoploss of 828.84 and if the stock hits stoploss, then it can shoot up till 857.67

Share price targets for Relaxo Footwears (RELAXO)

Target Type	Value
Downside Target	758.25
Downside Target	810.00
Upside Target	838.65
Upside Target	843.00
Upside Target	845.50
Upside Target	850.00
Upside Target	860.00
Upside Target	869.00
Upside Target	872.80
Upside Target	888.20

Intraday share price targets for Relaxo Footwears (RELAXO)

Target Type	Value
Downside Intraday Target	791.47
Downside Intraday Target	764.43
Upside Intraday Target	832.57
Upside Intraday Target	846.63
Downside Intraday Target	805.53

Weekly technical analysis of Relaxo Footwears (RELAXO)

Date	Weekly Closing Price	Open	High	Low	Volume
22 Thu Aug 2024	818.50	781.80	819.60	778.50	0.613 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
02 Fri Aug 2024	843.65	864.95	888.20	838.65	1.515 times
26 Fri Jul 2024	864.85	825.00	872.80	812.00	1.098 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
22 Thu Aug 2024	818.50	848.95	860.00	770.95	0.367 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
31 Fri May 2024	789.25	840.00	869.00	788.00	1.008 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 Relaxo Footwears (RELAXO)

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 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 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 negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small

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 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 stronger in this stock.

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 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 800.89 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.