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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 2025-01-20 View latest technical analysis

10 day averaged volume of Relaxo Footwears is 53323

Date	Daily Closing Price	Open	High	Low	Volume
20 Mon Jan 2025	578.35	580.80	582.15	574.90	0.947 times
17 Fri Jan 2025	579.35	579.85	600.00	569.50	1.468 times
16 Thu Jan 2025	576.80	582.40	584.70	574.00	1.15 times
15 Wed Jan 2025	577.10	585.00	594.15	575.60	1.053 times
14 Tue Jan 2025	582.05	580.10	585.00	578.05	0.876 times
13 Mon Jan 2025	581.45	601.95	601.95	580.00	1.479 times
10 Fri Jan 2025	602.30	612.25	615.00	601.00	0.996 times
09 Thu Jan 2025	612.25	619.95	621.55	610.10	0.615 times
08 Wed Jan 2025	618.60	623.10	627.50	611.10	0.731 times
07 Tue Jan 2025	624.45	617.95	626.80	617.00	0.703 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 588.4, but if it comes above 588.4, then a intra day buy could be more profitable.
If you take a sell trade below 588.4, then use 588.4 as stoploss and 564 as target. However if you take a buy trade in stock , then use 588.4 as stoploss and 608.67 as target.

Share price targets for Relaxo Footwears (RELAXO)

Target Type	Value
Downside Target	569.50
Upside Target	601.00
Upside Target	616.00
Upside Target	639.40
Upside Target	693.95
Upside Target	733.60
Upside Target	785.50
Upside Target	797.00
Upside Target	821.75
Upside Target	849.00

Intraday share price targets for Relaxo Footwears (RELAXO)

Target Type	Value
Downside Intraday Target	574.78
Downside Intraday Target	571.22
Upside Intraday Target	582.03
Upside Intraday Target	585.72
Upside Intraday Target	578.47

Weekly technical analysis of Relaxo Footwears (RELAXO)

Date	Weekly Closing Price	Open	High	Low	Volume
20 Mon Jan 2025	578.35	580.80	582.15	574.90	0.157 times
17 Fri Jan 2025	579.35	601.95	601.95	569.50	1.516 times
10 Fri Jan 2025	602.30	623.00	633.00	601.00	1.042 times
03 Fri Jan 2025	633.30	620.20	639.40	616.00	1.237 times
27 Fri Dec 2024	622.15	630.95	632.40	617.00	0.58 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
20 Mon Jan 2025	578.35	623.05	639.40	569.50	0.226 times
31 Tue Dec 2024	620.00	674.50	693.95	616.00	2.179 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

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 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 Weak and stock is losing momentum.

MACD generated a SELL signal for Relaxo Footwears in short term and the sell signal is strong.

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 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 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 589.6 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.