Homepage Active Options Active Stocks

Stock analysis Relaxo Footwears Limited RELAXO

More indepth analysis on MunafaSutra.com

Moving Averages for Relaxo Footwears Limited

  • 5Day Average: 851.22
  • 12Day Average: 836.44
  • 20Day Average: 834.53
  • 50Day Average: 826.46
  • 100Day Average: 828.35
  • 150Day Average: 841.8
  • 200Day Average: 857.96

RELAXO Indicators & signals

Indicator MACD (12,26,9)

842.35, 835.18, 3.08
Indicator MACD is in positive zone

Indicator ADX (14)

37.65, 23.6, 10.69
Indicator ADX is indicating that momentum is weak.
Indicator ADX is showing that momentum is towards buying

Indicator RSI (14)

Current RSI is: 58
Indicator RSI is indicating buying momentum and stock might rise.

Recent prices of RELAXO Relaxo Footwears Limited are as follows: Daily volume is divided by 10 day averaged volume

Date Close Range Change % Volume
26 Fri Jul 2024 864.85 855.55 to 872.80 -0.31% 0.5 times
25 Thu Jul 2024 867.55 843.25 to 872.00 1.36% 0.96 times
24 Wed Jul 2024 855.90 835.00 to 866.50 2.64% 1.89 times
23 Tue Jul 2024 833.90 812.00 to 842.00 0% 1.09 times
23 Tue Jul 2024 833.90 812.00 to 842.00 1.43% 1.09 times
22 Mon Jul 2024 822.15 817.00 to 829.40 0.23% 0.32 times
19 Fri Jul 2024 820.30 816.00 to 835.75 -1.2% 0.45 times
18 Thu Jul 2024 830.25 827.10 to 843.55 -0.69% 0.52 times
16 Tue Jul 2024 836.05 815.30 to 839.40 2.39% 2.87 times
15 Mon Jul 2024 816.50 812.75 to 828.50 -0.98% 0.49 times
12 Fri Jul 2024 824.55 821.20 to 832.50 -0.82% 0.32 times
11 Thu Jul 2024 831.35 825.10 to 836.75 0.19% 0.32 times

Technical analysis forecast of Relaxo Footwears Limited Stock is that its in a uptrend for shortterm, and I will avoid taking a SHORT or SELL trade in this stock. Look for opportunities to BUY or go LONG in Relaxo Footwears Limited RELAXO at this time. Stock is rising and might rise more.

It appears as if Relaxo Footwears Limited RELAXO gave a large move recently.

Stock of Relaxo Footwears Limited (RELAXO) is trading above an important moving average line, and it has been above this line for quite some time now. This is a good sign, and the stock might keep rising and move higher!

Although my analysis for Relaxo Footwears Limited is bullish for shortterm, but stock is over bought and there are high chances of some profit booking tomorrow. You might want to sell the stock tomorrow in intra day with a stoploss of 866, for a target of 850.4 or 837.34

More indepth analysis on MunafaSutra.com