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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 2023-09-21 View latest technical analysis

10 day averaged volume of Relaxo Foot is 4569

Date	Daily Closing Price	Open	High	Low	Volume
21 Thu Sep 2023	910.20	892.00	912.45	892.00	0.688 times
20 Wed Sep 2023	899.60	900.80	910.40	899.05	0.751 times
18 Mon Sep 2023	900.80	892.70	911.00	892.70	0.69 times
15 Fri Sep 2023	892.65	904.05	910.00	880.50	2.098 times
14 Thu Sep 2023	908.05	910.05	916.65	903.80	0.886 times
13 Wed Sep 2023	912.25	924.95	924.95	900.50	0.777 times
12 Tue Sep 2023	911.45	920.80	933.35	908.00	0.987 times
11 Mon Sep 2023	920.75	923.55	929.40	918.80	1.473 times
08 Fri Sep 2023	923.60	920.05	928.50	912.05	0.955 times
07 Thu Sep 2023	922.95	920.45	929.45	920.45	0.678 times

My analysis of stock is bearish for shortterm, but stock is semi over sold and there are some chances of seeing a recovery tomorrow. Use 906.7 as stoploss in an intra day buy trade for a target of 918.29. However, stock will show a bearish move below 906.7.

Share price targets for Relaxo Foot (RelaxoFoot)

Target Type	Value
Downside Target	835.05
Downside Target	879.00
Downside Target	909.95
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	897.32
Downside Intraday Target	884.43
Upside Intraday Target	917.77
Upside Intraday Target	925.33
Downside Intraday Target	904.88

Weekly technical analysis of Relaxo Foot (RelaxoFoot)

Date	Weekly Closing Price	Open	High	Low	Volume
21 Thu Sep 2023	910.20	892.70	912.45	892.00	0.342 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
21 Thu Sep 2023	910.20	919.65	937.15	880.50	0.414 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 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 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 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 negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in 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.

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. Bears are weakening, and bulls are picking up momentum!

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 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

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 908.86 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 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.