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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 2024-11-08 View latest technical analysis

10 day averaged volume of Relaxo Footwears is 49760

Date	Daily Closing Price	Open	High	Low	Volume
08 Fri Nov 2024	770.30	782.00	782.00	764.00	0.392 times
07 Thu Nov 2024	778.75	776.00	781.80	770.05	0.687 times
06 Wed Nov 2024	775.95	771.05	780.00	767.95	0.538 times
05 Tue Nov 2024	767.20	764.90	774.90	760.50	0.556 times
04 Mon Nov 2024	771.30	785.50	785.50	765.90	1.038 times
01 Fri Nov 2024	781.55	784.10	784.25	777.05	0.223 times
31 Thu Oct 2024	771.90	752.20	792.00	750.00	2.498 times
30 Wed Oct 2024	748.50	744.00	752.00	741.65	0.706 times
29 Tue Oct 2024	741.25	747.25	762.35	740.00	1.618 times
28 Mon Oct 2024	743.50	740.40	751.80	733.60	0.735 times

My analysis of stock is bullish for shortterm, and stock might move up till 787.2 or till 807.7. Use a stoploss of 770.08 and if this stock hits its stoploss, then it can fall down till 752.98

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	758.7
Downside Intraday Target	747.1
Upside Intraday Target	783.7
Upside Intraday Target	797.1
Upside Intraday Target	772.1

Weekly technical analysis of Relaxo Footwears (RELAXO)

Date	Weekly Closing Price	Open	High	Low	Volume
08 Fri Nov 2024	770.30	785.50	785.50	760.50	0.555 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
08 Fri Nov 2024	770.30	784.10	785.50	760.50	0.133 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 positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.

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 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 is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting stronger in this stock.

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 but buying 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 762.8 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 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.