RELAXO NEWS why is Relaxo Footwears Limited price falling or rising

RELAXO NEWS reasons for why stock price of Relaxo Footwears Limited is falling or rising

RELAXO Relaxo Footwears is falling or rising technical reasons

Technical analysis forecast for Relaxo Footwears 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 RELAXO at this time. Stock is falling and might fall more.

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

Stock of Relaxo Footwears (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 is bearish for shortterm, but stock is semi over sold and there are some chances of seeing a recovery tomorrow. Use 812.6 as stoploss in an intra day buy trade for a target of 827.2. However, stock will show a bearish move below 812.6.

RELAXO Relaxo Footwears is falling or rising NEWS fundamental reasons

Company Announcement - NEWS as on 2024-04-19

Company Announcement Ramesh Kumar Dua has Submitted to the Exchange a copy of Disclosure under Regulation 31(4) of the Securities and Exchange Board of India (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. - NEWS as on 2024-04-12

Company Announcement Relaxo Footwears Limited has informed the Exchange about Certificate under SEBI (Depositories and Participants) Regulations, 2018 - NEWS as on 2024-04-09

Company Announcement Relaxo Footwears Limited has informed the Exchange regarding Change in Director(s) of the company. - NEWS as on 2024-04-01

Company Announcement Relaxo Footwears Limited has informed the Exchange regarding Board meeting held on March 29, 2024. - NEWS as on 2024-04-01

Company Announcement Relaxo Footwears Limited has informed the Exchange about Loss of Share Certificates - NEWS as on 2024-03-18

Company Announcement Relaxo Footwears Limited has informed the Exchange regarding Outcome of Board Meeting held on January 31, 2024. - NEWS as on 2024-02-01

More announcements and NEWS

RELAXO Relaxo Footwears Limited current price & indicator signals

Moving Averages for Relaxo Footwears Limited

  • 5Day Average: 821.5
  • 12Day Average: 829.63
  • 20Day Average: 826.48
  • 50Day Average: 835.36
  • 100Day Average: 863.32
  • 150Day Average: 877.37
  • 200Day Average: 890.02

RELAXO Indicators & signals

Indicator MACD (12,26,9)

824.87, 828.95, -3.24
Indicator MACD is in negative zone

Indicator ADX (14)

18.86, 16.91, 24.77
Indicator ADX is indicating that momentum is weak.
Momentum is towards selling.

Indicator RSI (14)

Current RSI is: 62
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
19 Fri Apr 2024 814.15 810.10 to 822.00 -0.7% 0.69 times
18 Thu Apr 2024 819.85 817.55 to 825.00 -0.04% 0.83 times
16 Tue Apr 2024 820.20 810.00 to 834.05 -0.35% 1.04 times
15 Mon Apr 2024 823.10 815.90 to 831.65 -0.86% 0.88 times
12 Fri Apr 2024 830.20 825.30 to 834.85 -0.06% 1.37 times
10 Wed Apr 2024 830.70 827.70 to 838.95 0.56% 0.97 times
09 Tue Apr 2024 826.05 825.00 to 839.30 -1.05% 0.78 times
08 Mon Apr 2024 834.85 831.10 to 845.90 -0.67% 1.02 times
05 Fri Apr 2024 840.45 835.05 to 845.95 -0.24% 0.92 times
04 Thu Apr 2024 842.50 833.05 to 846.00 0.49% 0.84 times
03 Wed Apr 2024 838.40 833.00 to 844.00 0.4% 1.35 times
02 Tue Apr 2024 835.10 813.00 to 844.45 1.51% 2.17 times

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RELAXO NEWS why is Relaxo Footwears Limited price falling or rising

 

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