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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 2024-10-04 View latest technical analysis

10 day averaged volume of Relaxo Footwears is 71025

Date	Daily Closing Price	Open	High	Low	Volume
04 Fri Oct 2024	798.35	808.70	808.70	792.40	0.785 times
03 Thu Oct 2024	804.70	810.00	821.75	801.00	1.168 times
01 Tue Oct 2024	812.60	811.95	816.65	810.05	0.821 times
30 Mon Sep 2024	811.15	805.05	815.95	801.50	1.284 times
27 Fri Sep 2024	805.05	812.55	812.55	801.30	0.699 times
26 Thu Sep 2024	808.55	815.70	815.70	806.00	0.599 times
25 Wed Sep 2024	815.70	817.00	820.20	808.00	0.61 times
24 Tue Sep 2024	816.40	822.00	824.45	814.00	1.138 times
23 Mon Sep 2024	822.05	839.95	839.95	815.70	1.103 times
20 Fri Sep 2024	837.55	833.85	842.00	815.80	1.509 times

Although my analysis for stock is bearish for shortterm, but stock is in heavy over sold zones and there are high chances of some recovery tomorrow. You might want to buy the stock tomorrow in intra day with a stoploss of 795.4, for a target of 809.3 or 820.87

Share price targets for Relaxo Footwears (RELAXO)

Target Type	Value
Downside Target	758.25
Downside Target	792.40
Upside Target	821.75
Upside Target	833.55
Upside Target	839.95
Upside Target	842.00
Upside Target	845.50
Upside Target	849.00
Upside Target	860.00
Upside Target	888.20

Intraday share price targets for Relaxo Footwears (RELAXO)

Target Type	Value
Downside Intraday Target	786.58
Downside Intraday Target	774.82
Upside Intraday Target	815.93
Upside Intraday Target	833.52
Upside Intraday Target	804.17

Weekly technical analysis of Relaxo Footwears (RELAXO)

Date	Weekly Closing Price	Open	High	Low	Volume
04 Fri Oct 2024	798.35	805.05	821.75	792.40	0.978 times
27 Fri Sep 2024	805.05	839.95	839.95	801.30	1.022 times
20 Fri Sep 2024	837.55	833.10	842.00	810.00	0.694 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

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
04 Fri Oct 2024	798.35	811.95	821.75	792.40	0.12 times
30 Mon Sep 2024	811.15	797.00	849.00	797.00	1.033 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

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 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 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 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 Strong and stock is gaining momentum.

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

Relaxo Footwears 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 green color and prices are in or below the green cloud Prices appear to be coming down

CCI has generated a SELL signal for Relaxo Footwears in short term and SELL signal is strong!

RSI is generating a BUY signal in short term and the buying is gaining 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 815.1 and Relaxo Footwears (RELAXO) 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 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.