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Relaxo Footwears Limited

RELAXO.BOBSE
Consumer Cyclical
Apparel - Footwear & Accessories
259.65
21.75(9.14%)
Indian Market opens in 4h 54m

Relaxo Footwears Limited (RELAXO.BO) Stock Technical Analysis & Trading Signals

Live technical indicators, trading signals, and momentum insights for Relaxo Footwears Limited (BSE:RELAXO.BO).

Disclaimer for Technical Analysis Page

The technical indicators and trading signals shown on this page are for informational purposes only and do not constitute financial advice. Stock market investments involve risk, and past performance is not a guarantee of future results. Always conduct your own research or consult a licensed financial advisor before making investment decisions.Read our Full Disclaimer

RELAXO.BO Technical Analysis Summary

Relaxo Footwears Limited stock currently shows a bearish trend, weighed down by selling pressure and weak momentum.

Overall Sentiment:Sell
Momentum:Bearish to Weak (RSI: 32.93)
Trend Strength:Very Strong (ADX: 54.21)
Volatility:High (ATR: 13.49)
Support/Resistance:$230.61 – $351.30 (Bollinger Bands)

This mix signals that Relaxo Footwears Limited is trading in a balanced range with no clear breakout yet.

Momentum Indicators

RSI (14): 32.93

Bearish
Below midpoint indicates downward pressure.

Stochastic %K: 10.83

Bullish
Oversold zone signals rebound potential.

Williams %R: -71.45

Bearish
Sellers maintain momentum below neutral.

Rate of Change (ROC): -16.40

Strongly Bearish
Sharp downside momentum.

Takeaway:Relaxo Footwears Limited shows weakening momentum, with sellers gaining the edge.

Trend & Volatility

MACD: -26.95

Bearish
Bearish, trend momentum is strengthening to the downside.

ADX: 54.21

Very Strong
Very strong trend, powerful directional momentum.

ATR (14): 13.49

Rising
Rising volatility, market activity increasing.

CCI (14): -80.94

Bearish
Bearish, momentum remains under pressure.

Takeaway:Relaxo Footwears Limited shows weakening trend signals, with bearish pressure building.

Support & Resistance indicators
Bollinger Bands
Upper Band
$351.30
Middle Band (SMA 20)
$290.96
Lower Band
$230.61
Current Position
Within Bands

Takeaway:Relaxo Footwears Limited trades closer to support, showing weaker momentum within bands.

Keltner Channels
Upper Channel
$314.40
Middle Line (EMA 20)
$287.43
Lower Channel
$260.45
Squeeze Status
No Squeeze

Takeaway:Relaxo Footwears Limited trades near the lower channel, signaling strong support and possible rebound.

Volume & Money Flow Analysis
On-Balance Volume-323.76K
Money Flow Index19.01Bullish, oversold conditions signal rebound potential.
Relative Vigor Index36.67Bearish, price momentum favors sellers.

Overall Takeaway:RELAXO.BO shows oversold money flow, with rebound potential building.

Technical Trading Signals Summary
Based on the current technical analysis of Relaxo Footwears Limited, here are the key trading signals and recommendations:

Bullish Signals

ADX above 20 → strong underlying trend.

MFI below 80 → room for more buying without overbought risk.

Bearish Signals

MACD below signal line → short-term caution on momentum.

RVI below 50 → vigor tilted toward sellers.

Overall Recommendation:Relaxo Footwears Limited shows a Bearish signal — selling pressure is building, with trend indicators favoring downside.

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