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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 2024-10-31 View latest technical analysis

10 day averaged volume of Relaxo Footwears is 54719

Date	Daily Closing Price	Open	High	Low	Volume
31 Thu Oct 2024	771.90	752.20	792.00	750.00	2.271 times
30 Wed Oct 2024	748.50	744.00	752.00	741.65	0.642 times
29 Tue Oct 2024	741.25	747.25	762.35	740.00	1.471 times
28 Mon Oct 2024	743.50	740.40	751.80	733.60	0.668 times
25 Fri Oct 2024	740.30	760.00	767.00	738.55	1.276 times
24 Thu Oct 2024	758.60	761.00	785.00	755.00	1.043 times
23 Wed Oct 2024	759.55	766.60	770.40	757.40	1.048 times
22 Tue Oct 2024	766.60	773.10	784.05	765.00	1.047 times
21 Mon Oct 2024	775.70	786.00	791.90	773.00	0.772 times
18 Fri Oct 2024	782.05	784.00	786.35	776.60	0.902 times

Stock of Relaxo Footwears (RELAXO) has showed a significant upmove. This could be a good time to enter in this stock!

My analysis of stock is bearish for shortterm, and stock might move down till 755.5 or till 730.4. Use a stoploss of 776.45 and if the stock hits stoploss, then it can shoot up till 797.37

Share price targets for Relaxo Footwears (RELAXO)

Target Type	Value
Downside Target	733.60
Downside 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	739.67
Downside Intraday Target	707.43
Upside Intraday Target	798.07
Upside Intraday Target	824.23
Downside Intraday Target	765.83

Weekly technical analysis of Relaxo Footwears (RELAXO)

Date	Weekly Closing Price	Open	High	Low	Volume
31 Thu Oct 2024	771.90	740.40	792.00	733.60	0.974 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
31 Thu Oct 2024	771.90	811.95	821.75	733.60	0.783 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 positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.

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 BUY. 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.

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. Bears are weakening, and bulls are picking up momentum!

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 BUY signal in short term and the buying is gaining momentum.

MRSI is in negative zone. This is the SELL 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 759.36 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 rising upwards.

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.