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 2024-12-03 View latest technical analysis

10 day averaged volume of Relaxo Footwears is 188628

Date	Daily Closing Price	Open	High	Low	Volume
03 Tue Dec 2024	683.95	681.10	693.95	674.10	3.483 times
02 Mon Dec 2024	680.20	674.50	690.00	665.00	6.039 times
29 Fri Nov 2024	670.00	662.00	673.95	655.10	0.32 times
28 Thu Nov 2024	661.25	652.55	665.30	647.00	0.282 times
27 Wed Nov 2024	652.55	650.85	655.00	642.00	0.275 times
26 Tue Nov 2024	643.70	629.60	649.00	625.05	0.345 times
25 Mon Nov 2024	627.85	638.00	644.50	625.00	0.714 times
22 Fri Nov 2024	634.60	642.30	645.10	630.00	0.565 times
21 Thu Nov 2024	635.50	659.00	659.00	628.60	0.58 times
19 Tue Nov 2024	659.35	666.35	672.15	654.90	0.45 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 642.2 or till 580.3. Use a stoploss of 693.74 and if the stock hits stoploss, then it can shoot up till 745.28

Share price targets for Relaxo Footwears (RELAXO)

Target Type	Value
Downside Target	625.00
Downside Target	665.00
Upside Target	733.60
Upside Target	754.85
Upside Target	760.50
Upside Target	770.95
Upside Target	785.50
Upside Target	797.00
Upside Target	821.75
Upside Target	849.00
Upside Target	860.00

Intraday share price targets for Relaxo Footwears (RELAXO)

Target Type	Value
Downside Intraday Target	667.98
Downside Intraday Target	652.02
Upside Intraday Target	696.93
Upside Intraday Target	709.92
Downside Intraday Target	680.97

Weekly technical analysis of Relaxo Footwears (RELAXO)

Date	Weekly Closing Price	Open	High	Low	Volume
03 Tue Dec 2024	683.95	674.50	693.95	665.00	4.92 times
29 Fri Nov 2024	670.00	638.00	673.95	625.00	0.955 times
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

Price has moved up this week, and volume has increased substantially. This means that the move can continue in coming weeks.

Monthly technical analysis of Relaxo Footwears (RELAXO)

Date	Monthly Closing Price	Open	High	Low	Volume
03 Tue Dec 2024	683.95	674.50	693.95	665.00	1.245 times
29 Fri Nov 2024	670.00	784.10	785.50	625.00	1.126 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

Scroll below to view daily charts

Price has moved up 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 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 SELL. 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 moving up

CCI has generated a buy signal for Relaxo Footwears in short term and BUY signal is strong.

RSI is generating a SELL signal in short term and selling is picking up 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 671.45 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.