Stock analysis Relaxo Footwears Limited RELAXO
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Recent prices of RELAXO Relaxo Footwears Limited are as follows: Daily volume is divided by 10 day averaged volume
| Date | Close | Range | Change % | Volume |
| 03 Mon Feb 2025 | 545.25 | 542.25 to 579.95 | -0.76% | 5.11 times |
| 31 Fri Jan 2025 | 549.45 | 535.00 to 553.55 | 0.84% | 1.32 times |
| 30 Thu Jan 2025 | 544.90 | 539.35 to 548.50 | 0.94% | 0.68 times |
| 29 Wed Jan 2025 | 539.80 | 526.20 to 544.90 | 1.5% | 1.02 times |
| 28 Tue Jan 2025 | 531.80 | 525.00 to 546.55 | -2.69% | 1.27 times |
| 27 Mon Jan 2025 | 546.50 | 543.00 to 561.15 | -2.12% | 1.11 times |
| 24 Fri Jan 2025 | 558.35 | 555.00 to 564.75 | -0.49% | 0.62 times |
| 23 Thu Jan 2025 | 561.10 | 554.30 to 567.00 | -0.9% | 1.09 times |
| 22 Wed Jan 2025 | 566.20 | 555.50 to 575.05 | -1.46% | 1.23 times |
| 21 Tue Jan 2025 | 574.60 | 571.00 to 581.20 | -0.65% | 0.79 times |
| 20 Mon Jan 2025 | 578.35 | 574.90 to 582.15 | -0.17% | 0.87 times |
| 17 Fri Jan 2025 | 579.35 | 569.50 to 600.00 | 0.44% | 1.34 times |
Technical analysis forecast for Relaxo Footwears Limited Stock is that its in a downtrend for shortterm, and I will avoid taking a BUY or a LONG trade in this stock. Look for opportunities to sell or SHORT Relaxo Footwears Limited RELAXO at this time. Stock is falling and might fall more.
It appears as if Relaxo Footwears Limited RELAXO gave a large move recently.
Stock of Relaxo Footwears Limited (RELAXO) is trading below an important moving average line, and it has been below this line for quite some time now. This is not a good sign, stock might keep falling and stock might move lower...
My analysis of Relaxo Footwears Limited is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if Relaxo Footwears Limited stays below 546.3, but if it comes above 546.3, then a intra day buy could be more profitable.
If you take a sell trade below 546.3, then use 546.3 as stoploss and 518.6 as target. However if you take a buy trade in Relaxo Footwears Limited, then use 546.3 as stoploss and 569.46 as target.