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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 2023-03-20 View latest technical analysis

10 day averaged volume of Relaxo Foot is 13192

Date	Daily Closing Price	Open	High	Low	Volume
20 Mon Mar 2023	784.25	781.40	790.00	765.10	0.465 times
17 Fri Mar 2023	780.25	774.95	801.30	757.05	1.724 times
16 Thu Mar 2023	768.55	767.65	774.85	752.80	0.384 times
15 Wed Mar 2023	764.95	769.90	772.90	753.35	0.264 times
14 Tue Mar 2023	761.50	757.25	767.40	750.40	0.35 times
13 Mon Mar 2023	756.55	757.00	761.40	748.50	0.502 times
10 Fri Mar 2023	756.50	750.10	760.00	748.85	1.527 times
09 Thu Mar 2023	752.95	760.30	766.00	752.00	1.275 times
08 Wed Mar 2023	760.55	760.35	766.25	758.00	1.448 times
06 Mon Mar 2023	762.60	769.00	778.75	761.00	0.31 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 780.7, but if it comes below 780.7, then a intra day sell could be more profitable.
If you take a sell trade below 780.7, then use 780.7 as stoploss and 770.74 as target. However if you take a buy trade in stock , then use 780.7 as stoploss and 792.6 as target.

Share price targets for Relaxo Foot (RelaxoFoot)

Target Type	Value
Downside Target	748.50
Downside Target	765.10
Upside Target	799.75
Upside Target	801.30
Upside Target	836.50
Upside Target	880.30
Upside Target	882.45
Upside Target	916.55
Upside Target	960.00
Upside Target	979.25

Intraday share price targets for Relaxo Foot (RelaxoFoot)

Target Type	Value
Downside Intraday Target	769.57
Downside Intraday Target	754.88
Upside Intraday Target	794.47
Upside Intraday Target	804.68
Downside Intraday Target	779.78

Weekly technical analysis of Relaxo Foot (RelaxoFoot)

Date	Weekly Closing Price	Open	High	Low	Volume
20 Mon Mar 2023	784.25	781.40	790.00	765.10	0.144 times
17 Fri Mar 2023	780.25	757.00	801.30	748.50	0.707 times
10 Fri Mar 2023	756.50	769.00	778.75	748.85	0.959 times
03 Fri Mar 2023	768.80	775.00	788.35	767.05	1.679 times
24 Fri Feb 2023	775.85	781.80	799.75	770.00	0.783 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
20 Mon Mar 2023	784.25	775.65	801.30	748.50	0.713 times
28 Tue Feb 2023	777.20	836.50	836.50	770.00	0.589 times
31 Tue Jan 2023	818.15	911.00	916.55	799.30	1.633 times
30 Fri Dec 2022	910.20	950.00	960.00	880.30	0.445 times

Scroll below to view daily charts

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)

Price action analysis of Relaxo Foot ( (RelaxoFoot) ) based on a short term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the 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 Strong and stock is gaining 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 BUY signal in short term but buying 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 764.46 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 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 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.