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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 2024-10-08 View latest technical analysis

10 day averaged volume of Relaxo Footwears is 63424

Date	Daily Closing Price	Open	High	Low	Volume
08 Tue Oct 2024	792.60	780.00	799.75	780.00	0.765 times
07 Mon Oct 2024	787.95	794.00	798.00	777.75	0.807 times
04 Fri Oct 2024	798.35	808.70	808.70	792.40	0.879 times
03 Thu Oct 2024	804.70	810.00	821.75	801.00	1.308 times
01 Tue Oct 2024	812.60	811.95	816.65	810.05	0.92 times
30 Mon Sep 2024	811.15	805.05	815.95	801.50	1.438 times
27 Fri Sep 2024	805.05	812.55	812.55	801.30	0.783 times
26 Thu Sep 2024	808.55	815.70	815.70	806.00	0.67 times
25 Wed Sep 2024	815.70	817.00	820.20	808.00	0.683 times
24 Tue Sep 2024	816.40	822.00	824.45	814.00	1.274 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 802.8, but if it comes above 802.8, then a intra day buy could be more profitable.
If you take a sell trade below 802.8, then use 802.8 as stoploss and 785.2 as target. However if you take a buy trade in stock , then use 802.8 as stoploss and 817.48 as target.

Share price targets for Relaxo Footwears (RELAXO)

Target Type	Value
Downside Target	758.25
Upside Target	821.75
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	780.32
Downside Intraday Target	768.03
Upside Intraday Target	802.32
Upside Intraday Target	812.03
Downside Intraday Target	790.03

Weekly technical analysis of Relaxo Footwears (RELAXO)

Date	Weekly Closing Price	Open	High	Low	Volume
08 Tue Oct 2024	792.60	794.00	799.75	777.75	0.346 times
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

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
08 Tue Oct 2024	792.60	811.95	821.75	777.75	0.181 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 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 losing 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 weakening, and bulls are picking up momentum!

Ichimoku cloud is of red color and prices are below the red cloud Prices appear to be moving up

CCI has generated a buy signal for Relaxo Footwears in short term but BUY signal is weak.

RSI is generating a SELL signal in short term and selling is picking up momentum.

MRSI is in positive zone. This is a BUY 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 806.11 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.