Daily Technical Analysis Weekly Analysis Monthly Analysis Renko chart MACD chart Bollinger Bands chart Stochastics charts Force Index charts

(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 2024-10-29 View latest technical analysis

10 day averaged volume of Relaxo Footwears is 60125

Date	Daily Closing Price	Open	High	Low	Volume
29 Tue Oct 2024	741.25	747.25	762.35	740.00	1.339 times
28 Mon Oct 2024	743.50	740.40	751.80	733.60	0.608 times
25 Fri Oct 2024	740.30	760.00	767.00	738.55	1.161 times
24 Thu Oct 2024	758.60	761.00	785.00	755.00	0.949 times
23 Wed Oct 2024	759.55	766.60	770.40	757.40	0.954 times
22 Tue Oct 2024	766.60	773.10	784.05	765.00	0.953 times
21 Mon Oct 2024	775.70	786.00	791.90	773.00	0.702 times
18 Fri Oct 2024	782.05	784.00	786.35	776.60	0.821 times
17 Thu Oct 2024	784.00	789.90	794.90	780.10	1.03 times
16 Wed Oct 2024	784.80	806.30	808.85	780.80	2.006 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 733.1, for a target of 759.4 or 781.3

Share price targets for Relaxo Footwears (RELAXO)

Target Type	Value
Downside Target	733.60
Upside Target	758.25
Upside Target	811.00
Upside Target	811.55
Upside Target	812.00
Upside Target	821.75
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	729.12
Downside Intraday Target	716.98
Upside Intraday Target	757.87
Upside Intraday Target	774.48
Upside Intraday Target	745.73

Weekly technical analysis of Relaxo Footwears (RELAXO)

Date	Weekly Closing Price	Open	High	Low	Volume
29 Tue Oct 2024	741.25	740.40	762.35	733.60	0.413 times
25 Fri Oct 2024	740.30	786.00	791.90	738.55	0.909 times
18 Fri Oct 2024	782.05	793.00	811.55	776.60	1.468 times
11 Fri Oct 2024	796.90	794.00	811.00	777.75	0.737 times
04 Fri Oct 2024	798.35	805.05	821.75	792.40	0.978 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
29 Tue Oct 2024	741.25	811.95	821.75	733.60	0.686 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 Weak 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 coming down

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 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 764.76 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.