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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)

Showing technical analysis as on 2023-01-19 View latest technical analysis

10 day averaged volume of Relaxo Foot is 5902

Date Daily Closing Price Open High Low Volume
19 Thu Jan 2023 867.00 880.00 884.15 865.00 5.011 times
18 Wed Jan 2023 886.40 891.05 896.85 884.20 0.391 times
17 Tue Jan 2023 889.75 892.95 898.00 884.50 1.571 times
16 Mon Jan 2023 887.00 891.55 894.35 885.00 0.797 times
13 Fri Jan 2023 891.55 910.00 910.00 889.05 0.304 times
12 Thu Jan 2023 898.15 888.10 899.60 888.10 0.28 times
11 Wed Jan 2023 891.85 889.25 899.75 889.00 0.33 times
10 Tue Jan 2023 889.25 891.05 893.15 888.00 0.378 times
09 Mon Jan 2023 888.50 895.00 907.00 885.00 1.041 times
06 Fri Jan 2023 895.50 885.10 899.50 885.10 0.516 times

Stock of Relaxo Foot (RelaxoFoot) has showed a significant fall. This could be a good time to exit from this stock.

Although my analysis for stock is bearish for shortterm, but stock is in heavy over sold zones and there are high chances of some recovery tomorrow. You might want to buy the stock tomorrow in intra day with a stoploss of 870.3, for a target of 883.3 or 894.16

Share price targets for Relaxo Foot (RelaxoFoot)

Target Type Value
Downside Target 865.00
Upside Target 916.55
Upside Target 923.90
Upside Target 929.95
Upside Target 960.00
Upside Target 960.50
Upside Target 979.25
Upside Target 996.95
Upside Target 1034.50
Upside Target 1105.25

Intraday share price targets for Relaxo Foot (RelaxoFoot)

Target Type Value
Downside Intraday Target 855.33
Downside Intraday Target 843.67
Upside Intraday Target 888.33
Upside Intraday Target 909.67
Upside Intraday Target 876.67

Weekly technical analysis of Relaxo Foot (RelaxoFoot)

Date Weekly Closing Price Open High Low Volume
19 Thu Jan 2023 867.00 891.55 898.00 865.00 3.328 times
13 Fri Jan 2023 891.55 895.00 910.00 885.00 0.247 times
06 Fri Jan 2023 895.50 911.00 916.55 872.00 0.835 times
30 Fri Dec 2022 910.20 888.10 923.90 880.55 1.427 times
23 Fri Dec 2022 888.10 920.05 929.95 880.30 1.306 times

Price has moved down this week, and volume has increased substantially. This means that the move can continue in coming weeks.

Monthly technical analysis of Relaxo Foot (RelaxoFoot)

Date Monthly Closing Price Open High Low Volume
19 Thu Jan 2023 867.00 911.00 916.55 865.00 0.499 times
30 Fri Dec 2022 910.20 950.00 960.00 880.30 0.445 times
30 Wed Nov 2022 945.10 968.35 979.25 882.45 0.893 times
31 Mon Oct 2022 968.05 1010.25 1034.50 960.50 0.988 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 Foot (RelaxoFoot)

Indicator Name Indicator Value Indicator Signal
ADX 15, 26, 26 Sell
MACD -22, -21Sell
Stochastics 30Sell
CCI -287Sell
RSI 45Sell
OBV -114010Sell
VWAP 879Sell
ADL 0Sell
ROC -2Sell
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 negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small

Price action analysis of Relaxo Foot ( (RelaxoFoot) ) 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 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 SELL. Signal strength is Strong and stock is gaining momentum.

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

Relaxo Foot 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 Foot in short term and SELL signal is strong!

RSI is generating a SELL signal in short term and selling is picking up 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 Foot is picking up selling momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 879.16 and Relaxo Foot (RelaxoFoot) 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 Foot (RelaxoFoot) stock. Volume based technical analysis of Relaxo Foot (RelaxoFoot) stock is negative.

Relaxo Foot 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.

Click here for Relaxo Foot charts

Click here for further forecast and predictions for tomorrow

Daily charts

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Daily chart

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