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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 2024-11-22 View latest technical analysis

10 day averaged volume of Relaxo Footwears is 88098

Date	Daily Closing Price	Open	High	Low	Volume
22 Fri Nov 2024	634.60	642.30	645.10	630.00	1.21 times
21 Thu Nov 2024	635.50	659.00	659.00	628.60	1.241 times
19 Tue Nov 2024	659.35	666.35	672.15	654.90	0.964 times
18 Mon Nov 2024	662.60	679.95	681.00	657.50	0.923 times
14 Thu Nov 2024	678.00	683.20	693.85	675.00	0.737 times
13 Wed Nov 2024	683.80	698.40	703.15	680.05	1.437 times
12 Tue Nov 2024	699.30	739.45	742.25	695.05	2.646 times
11 Mon Nov 2024	738.65	753.30	754.85	735.00	1.139 times
08 Fri Nov 2024	770.30	782.00	782.00	764.00	0.221 times
07 Thu Nov 2024	778.75	776.00	781.80	770.05	0.388 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 618.8, for a target of 677.8 or 727.05

Share price targets for Relaxo Footwears (RELAXO)

Target Type	Value
Downside Target	628.60
Upside Target	675.00
Upside Target	733.60
Upside Target	754.85
Upside Target	791.90
Upside Target	792.00
Upside Target	797.00
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	615.13
Downside Intraday Target	595.67
Upside Intraday Target	667.53
Upside Intraday Target	700.47
Upside Intraday Target	648.07

Weekly technical analysis of Relaxo Footwears (RELAXO)

Date	Weekly Closing Price	Open	High	Low	Volume
22 Fri Nov 2024	634.60	679.95	681.00	628.60	0.728 times
14 Thu Nov 2024	678.00	753.30	754.85	675.00	3.287 times
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

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
22 Fri Nov 2024	634.60	784.10	785.50	628.60	0.841 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 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 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 and SELL signal is strong!

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 683.12 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.