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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 2024-12-30 View latest technical analysis

10 day averaged volume of Relaxo Footwears is 52200

Date	Daily Closing Price	Open	High	Low	Volume
30 Mon Dec 2024	621.20	620.20	624.30	616.00	0.844 times
27 Fri Dec 2024	622.15	621.30	631.65	620.00	0.768 times
26 Thu Dec 2024	620.00	629.15	629.15	618.00	0.607 times
24 Tue Dec 2024	626.00	625.00	632.40	623.70	0.608 times
23 Mon Dec 2024	623.55	630.95	631.95	617.00	1.167 times
20 Fri Dec 2024	626.90	639.80	639.80	625.00	1.178 times
19 Thu Dec 2024	637.60	635.00	644.95	628.30	0.951 times
18 Wed Dec 2024	638.15	640.00	643.25	636.00	0.689 times
17 Tue Dec 2024	641.00	655.00	658.90	640.00	1.437 times
16 Mon Dec 2024	655.20	643.00	657.95	643.00	1.172 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 627.3, but if it comes above 627.3, then a intra day buy could be more profitable.
If you take a sell trade below 627.3, then use 627.3 as stoploss and 601.3 as target. However if you take a buy trade in stock , then use 627.3 as stoploss and 648.99 as target.

Share price targets for Relaxo Footwears (RELAXO)

Target Type	Value
Downside Target	616.00
Upside Target	658.90
Upside Target	684.40
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	616.7
Downside Intraday Target	612.2
Upside Intraday Target	625
Upside Intraday Target	628.8
Downside Intraday Target	620.5

Weekly technical analysis of Relaxo Footwears (RELAXO)

Date	Weekly Closing Price	Open	High	Low	Volume
30 Mon Dec 2024	621.20	620.20	624.30	616.00	0.268 times
27 Fri Dec 2024	622.15	630.95	632.40	617.00	0.58 times
20 Fri Dec 2024	626.90	643.00	658.90	625.00	0.468 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

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
30 Mon Dec 2024	621.20	674.50	693.95	616.00	2.156 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 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 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 gaining 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 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 BUY signal in short term and the buying is gaining 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 632.66 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.