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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.

10 day averaged volume of Relaxo Footwears is 60635

Date	Daily Closing Price	Open	High	Low	Volume
24 Fri Jan 2025	558.35	564.35	564.75	555.00	0.597 times
23 Thu Jan 2025	561.10	564.00	567.00	554.30	1.051 times
22 Wed Jan 2025	566.20	574.60	575.05	555.50	1.18 times
21 Tue Jan 2025	574.60	581.20	581.20	571.00	0.761 times
20 Mon Jan 2025	578.35	580.80	582.15	574.90	0.833 times
17 Fri Jan 2025	579.35	579.85	600.00	569.50	1.291 times
16 Thu Jan 2025	576.80	582.40	584.70	574.00	1.011 times
15 Wed Jan 2025	577.10	585.00	594.15	575.60	0.926 times
14 Tue Jan 2025	582.05	580.10	585.00	578.05	0.77 times
13 Mon Jan 2025	581.45	601.95	601.95	580.00	1.301 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 572.1, but if it comes above 572.1, then a intra day buy could be more profitable.
If you take a sell trade below 572.1, then use 572.1 as stoploss and 542.1 as target. However if you take a buy trade in stock , then use 572.1 as stoploss and 597.1 as target.

Share price targets for Relaxo Footwears (RELAXO)

Target Type	Value
Downside Target	554.30
Upside Target	569.50
Upside Target	582.15
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	547.72
Downside Intraday Target	537.08
Upside Intraday Target	575.57
Upside Intraday Target	592.78
Upside Intraday Target	564.93

Weekly technical analysis of Relaxo Footwears (RELAXO)

Date	Weekly Closing Price	Open	High	Low	Volume
24 Fri Jan 2025	558.35	580.80	582.15	554.30	0.834 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
24 Fri Jan 2025	558.35	623.05	639.40	554.30	0.295 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 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 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

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 574.05 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.