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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 2024-11-05 View latest technical analysis

10 day averaged volume of Relaxo Footwears is 58072

Date	Daily Closing Price	Open	High	Low	Volume
05 Tue Nov 2024	767.20	764.90	774.90	760.50	0.476 times
04 Mon Nov 2024	771.30	785.50	785.50	765.90	0.889 times
01 Fri Nov 2024	781.55	784.10	784.25	777.05	0.191 times
31 Thu Oct 2024	771.90	752.20	792.00	750.00	2.14 times
30 Wed Oct 2024	748.50	744.00	752.00	741.65	0.605 times
29 Tue Oct 2024	741.25	747.25	762.35	740.00	1.386 times
28 Mon Oct 2024	743.50	740.40	751.80	733.60	0.63 times
25 Fri Oct 2024	740.30	760.00	767.00	738.55	1.202 times
24 Thu Oct 2024	758.60	761.00	785.00	755.00	0.983 times
23 Wed Oct 2024	759.55	766.60	770.40	757.40	0.987 times

My analysis of stock is bearish for shortterm, and stock might move down till 753.7 or till 729.9. Use a stoploss of 773.51 and if the stock hits stoploss, then it can shoot up till 793.31

Share price targets for Relaxo Footwears (RELAXO)

Target Type	Value
Downside Target	733.60
Downside Target	760.50
Upside Target	792.00
Upside Target	797.00
Upside Target	811.00
Upside Target	811.55
Upside Target	812.00
Upside Target	821.75
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	756.63
Downside Intraday Target	746.07
Upside Intraday Target	781.63
Upside Intraday Target	796.07
Upside Intraday Target	771.07

Weekly technical analysis of Relaxo Footwears (RELAXO)

Date	Weekly Closing Price	Open	High	Low	Volume
05 Tue Nov 2024	767.20	785.50	785.50	760.50	0.276 times
01 Fri Nov 2024	781.55	740.40	792.00	733.60	1.014 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

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
05 Tue Nov 2024	767.20	784.10	785.50	760.50	0.071 times
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

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 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 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 Weak and stock is losing momentum.

MACD generated a BUY signal for Relaxo Footwears in short term but the buy signal is initial and weak.

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 tired and bears 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 SELL signal for Relaxo Footwears in short term but SELL signal is weak.

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 757.28 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 is giving positive 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.