Daily Technical Analysis Weekly Analysis Monthly Analysis Renko chart MACD chart Bollinger Bands chart Stochastics charts Force Index charts

(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 2023-09-20 View latest technical analysis

10 day averaged volume of Relaxo Foot is 5876

Date	Daily Closing Price	Open	High	Low	Volume
20 Wed Sep 2023	899.60	900.80	910.40	899.05	0.584 times
18 Mon Sep 2023	900.80	892.70	911.00	892.70	0.537 times
15 Fri Sep 2023	892.65	904.05	910.00	880.50	1.631 times
14 Thu Sep 2023	908.05	910.05	916.65	903.80	0.689 times
13 Wed Sep 2023	912.25	924.95	924.95	900.50	0.604 times
12 Tue Sep 2023	911.45	920.80	933.35	908.00	0.768 times
11 Mon Sep 2023	920.75	923.55	929.40	918.80	1.146 times
08 Fri Sep 2023	923.60	920.05	928.50	912.05	0.743 times
07 Thu Sep 2023	922.95	920.45	929.45	920.45	0.527 times
06 Wed Sep 2023	924.65	924.05	937.15	922.55	0.548 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 907.6, but if it comes above 907.6, then a intra day buy could be more profitable.
If you take a sell trade below 907.6, then use 907.6 as stoploss and 893.6 as target. However if you take a buy trade in stock , then use 907.6 as stoploss and 919.21 as target.

Share price targets for Relaxo Foot (RelaxoFoot)

Target Type	Value
Downside Target	835.05
Downside Target	879.00
Upside Target	912.05
Upside Target	933.35
Upside Target	937.15
Upside Target	944.05
Upside Target	945.45
Upside Target	957.55
Upside Target	958.60
Upside Target	974.00

Intraday share price targets for Relaxo Foot (RelaxoFoot)

Target Type	Value
Downside Intraday Target	891.2
Downside Intraday Target	882.8
Upside Intraday Target	909.5
Upside Intraday Target	919.4
Upside Intraday Target	901.1

Weekly technical analysis of Relaxo Foot (RelaxoFoot)

Date	Weekly Closing Price	Open	High	Low	Volume
20 Wed Sep 2023	899.60	892.70	911.00	892.70	0.232 times
15 Fri Sep 2023	892.65	923.55	933.35	880.50	0.85 times
08 Fri Sep 2023	923.60	922.05	937.15	912.05	0.713 times
01 Fri Sep 2023	923.55	935.00	957.55	845.00	1.147 times
25 Fri Aug 2023	930.40	937.65	944.05	910.25	0.793 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 Wed Sep 2023	899.60	919.65	937.15	880.50	0.397 times
31 Thu Aug 2023	909.25	942.05	974.00	845.00	0.725 times
31 Mon Jul 2023	944.45	906.05	958.60	879.00	1.266 times
30 Fri Jun 2023	909.00	892.05	945.45	890.40	1.048 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)

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 trend is highly volatile. A longer time period analysis might give a better idea of the trend.

Price action analysis of Relaxo Foot ( (RelaxoFoot) ) based on a mid to longer term time period is neutral. A longer time frame might give a better analysis.

ADX buy sell signal for Relaxo Foot stock for short term is SELL. Signal strength is Strong and stock is losing momentum.

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

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. 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 buy signal for Relaxo Foot in short term but BUY signal is weak.

RSI is generating a BUY signal in short term and the buying is gaining momentum.

MRSI is in positive zone. This is a BUY zone

Although the stock is in the BUY zone, but buying 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 909.88 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.