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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 2024-12-16 View latest technical analysis

10 day averaged volume of Relaxo Footwears is 261925

Date	Daily Closing Price	Open	High	Low	Volume
16 Mon Dec 2024	655.20	643.00	657.95	643.00	0.234 times
13 Fri Dec 2024	646.25	650.55	650.65	640.00	0.283 times
12 Thu Dec 2024	650.55	654.25	658.00	648.10	0.243 times
11 Wed Dec 2024	653.90	658.20	659.75	650.30	0.285 times
10 Tue Dec 2024	653.95	681.40	683.40	651.00	1.075 times
09 Mon Dec 2024	681.40	670.80	684.40	659.00	0.427 times
06 Fri Dec 2024	667.40	667.90	672.00	660.05	0.31 times
05 Thu Dec 2024	671.30	680.00	680.00	666.10	0.227 times
04 Wed Dec 2024	679.15	689.80	689.80	673.90	0.292 times
03 Tue Dec 2024	683.95	681.10	693.95	674.10	2.509 times

My analysis of stock is bearish for shortterm, and stock might move down till 642.7 or till 623.6. Use a stoploss of 658.53 and if the stock hits stoploss, then it can shoot up till 674.39

Share price targets for Relaxo Footwears (RELAXO)

Target Type	Value
Downside Target	625.00
Upside Target	657.95
Upside Target	673.95
Upside Target	693.95
Upside Target	733.60
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	646.15
Downside Intraday Target	637.1
Upside Intraday Target	661.1
Upside Intraday Target	667
Downside Intraday Target	652.05

Weekly technical analysis of Relaxo Footwears (RELAXO)

Date	Weekly Closing Price	Open	High	Low	Volume
16 Mon Dec 2024	655.20	643.00	657.95	643.00	0.101 times
13 Fri Dec 2024	646.25	670.80	684.40	640.00	0.301 times
06 Fri Dec 2024	667.40	674.50	693.95	660.05	5.515 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

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
16 Mon Dec 2024	655.20	674.50	693.95	640.00	1.858 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 down this month, and volume has increased substantially. This means that the move can 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 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 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 LOWS in short term which reflects strong selling momentum. Bears are weakening, and bulls are picking up momentum!

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 but BUY signal is weak.

RSI is generating a SELL signal in short term but selling is losing momentum.

MRSI is in positive zone. This is a BUY 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 670.9 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.