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(RelaxoFoot) Relaxo Foot complete technical analysis [charts+indicators] | Buy/Sell Relaxo Foot | (RelaxoFoot) share price targets

Complete technical analysis of Relaxo Foot (RelaxoFoot) by charts plus indicators, forecast predictions and share price targets for Relaxo Foot (RelaxoFoot)

10 day averaged volume of Relaxo Foot is 5911

Date Daily Closing Price Open High Low Volume
07 Tue May 2024 838.95 827.75 841.00 825.90 0.78 times
06 Mon May 2024 827.75 821.65 834.15 820.50 1.737 times
03 Fri May 2024 826.10 830.95 833.00 823.20 0.336 times
02 Thu May 2024 828.75 839.15 842.00 827.60 0.367 times
30 Tue Apr 2024 834.25 829.30 842.05 819.75 2.654 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 834.7, but if it comes below 834.7, then a intra day sell could be more profitable.
If you take a sell trade below 834.7, then use 834.7 as stoploss and 827.63 as target. However if you take a buy trade in stock , then use 834.7 as stoploss and 843.3 as target.

Share price targets for Relaxo Foot (RelaxoFoot)

Target Type Value
Downside Target 762.50
Downside Target 806.05
Upside Target 842.00
Upside Target 842.05
Upside Target 842.60
Upside Target 845.25
Upside Target 848.65
Upside Target 881.70
Upside Target 911.05
Upside Target 949.85

Intraday share price targets for Relaxo Foot (RelaxoFoot)

Target Type Value
Downside Intraday Target 825.97
Downside Intraday Target 812.98
Upside Intraday Target 846.47
Upside Intraday Target 853.98
Downside Intraday Target 833.48

Weekly technical analysis of Relaxo Foot (RelaxoFoot)

Date Weekly Closing Price Open High Low Volume
07 Tue May 2024 838.95 821.65 841.00 820.50 0.679 times
03 Fri May 2024 826.10 830.35 842.05 819.75 0.869 times
26 Fri Apr 2024 830.80 829.55 848.65 810.05 0.843 times
19 Fri Apr 2024 813.80 806.05 832.95 806.05 1.703 times
12 Fri Apr 2024 831.10 839.80 845.25 823.40 0.43 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 Foot (RelaxoFoot)

Date Monthly Closing Price Open High Low Volume
07 Tue May 2024 838.95 839.15 842.00 820.50 0.145 times
30 Tue Apr 2024 834.25 825.95 848.65 806.05 0.478 times
28 Thu Mar 2024 816.00 841.95 949.85 762.50 1.785 times
29 Thu Feb 2024 837.60 850.70 881.70 830.00 0.713 times

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 Foot (RelaxoFoot)

Indicator Name Indicator Value Indicator Signal
ADX 18, 17, 3 Buy
MACD -2, -4Buy
Stochastics 54None
CCI 74Buy
RSI 49Sell
OBV 40077Sell
VWAP 830Buy
ADL 0Sell
ROC 3Buy
Force Index 0Sell

Price action analysis of Relaxo Foot ( (RelaxoFoot) ) 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 Foot ( (RelaxoFoot) ) 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 Foot ( (RelaxoFoot) ) based on a short to mid term time period is positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.

Price action analysis of Relaxo Foot ( (RelaxoFoot) ) 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 Foot stock for short term is BUY. Signal strength is Weak and stock is losing momentum.

MACD generated a BUY signal for Relaxo Foot 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 Foot Stock in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. Bulls are getting stronger in this stock.

Ichimoku cloud is of red color and prices are in or above the red cloud Prices appear to be moving up

CCI has generated a buy signal for Relaxo Foot in short term and BUY 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 Foot is picking up buying momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 830.21 and Relaxo Foot (RelaxoFoot) 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 Foot (RelaxoFoot) stock. Volume based technical analysis of Relaxo Foot (RelaxoFoot) stock is negative.

Relaxo Foot 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.

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