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(Redtape) Redtape complete technical analysis [charts+indicators] | Buy/Sell Redtape | (Redtape) share price targets

Complete technical analysis of Redtape (Redtape) by charts plus indicators, forecast predictions and share price targets for Redtape (Redtape)

Showing technical analysis as on 2025-05-08 View latest technical analysis

10 day averaged volume of Redtape is 27161

Date	Daily Closing Price	Open	High	Low	Volume
08 Thu May 2025	130.70	133.05	137.00	130.00	0.86 times
07 Wed May 2025	135.05	130.40	136.45	129.00	0.45 times
06 Tue May 2025	130.65	131.20	134.75	128.25	1.043 times
05 Mon May 2025	133.90	140.00	140.00	130.00	0.397 times
02 Fri May 2025	130.45	135.45	135.45	130.00	1.734 times
30 Wed Apr 2025	131.80	138.00	138.85	131.10	1.572 times
29 Tue Apr 2025	138.20	140.00	141.90	137.65	0.638 times
28 Mon Apr 2025	139.85	136.05	141.05	136.05	1.718 times
25 Fri Apr 2025	138.40	143.80	143.90	137.40	1.381 times
24 Thu Apr 2025	142.50	143.20	144.20	142.00	0.784 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 133.7, but if it comes above 133.7, then a intra day buy could be more profitable.
If you take a sell trade below 133.7, then use 133.7 as stoploss and 127 as target. However if you take a buy trade in stock , then use 133.7 as stoploss and 139.38 as target.

Share price targets for Redtape (Redtape)

Target Type	Value
Downside Target	128.25
Upside Target	137.00
Upside Target	143.55
Upside Target	144.45
Upside Target	148.10
Upside Target	150.55
Upside Target	151.00
Upside Target	167.45
Upside Target	665.00
Upside Target	770.00
Upside Target	889.85

Intraday share price targets for Redtape (Redtape)

Target Type	Value
Downside Intraday Target	125.97
Downside Intraday Target	121.23
Upside Intraday Target	137.72
Upside Intraday Target	144.73
Upside Intraday Target	132.98

Weekly technical analysis of Redtape (Redtape)

Date	Weekly Closing Price	Open	High	Low	Volume
08 Thu May 2025	130.70	140.00	140.00	128.25	0.486 times
02 Fri May 2025	130.45	136.05	141.90	130.00	2.057 times
25 Fri Apr 2025	138.40	148.10	148.10	137.40	0.828 times
17 Thu Apr 2025	143.95	146.00	150.55	143.25	5.458 times
11 Fri Apr 2025	144.15	140.80	144.45	137.00	0.221 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 Redtape (Redtape)

Date	Monthly Closing Price	Open	High	Low	Volume
08 Thu May 2025	130.70	135.45	140.00	128.25	0.336 times
30 Wed Apr 2025	131.80	144.85	151.00	131.10	0.401 times
28 Fri Mar 2025	145.90	144.65	167.45	130.55	1.335 times
28 Fri Feb 2025	144.75	728.80	770.00	143.55	3.947 times

Scroll below to view daily charts

Price has moved down 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 Redtape (Redtape)

Price action analysis of Redtape ( (Redtape) ) based on a short term time period is neutral. A longer time frame might give a better analysis.

Price action analysis of Redtape ( (Redtape) ) 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 Redtape ( (Redtape) ) based on a short to mid 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 Redtape ( (Redtape) ) 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 Redtape stock for short term is SELL. Signal strength is Strong and stock is losing momentum.

MACD generated a BUY signal for Redtape in short term but the buy signal is initial and weak.

MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.

Redtape Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are getting stronger in this stock.

Ichimoku cloud is of red color and prices are below the red cloud Prices appear to be coming down

CCI has generated a SELL signal for Redtape in short term and SELL signal is strong!

RSI is generating a BUY signal in short term and the buying is gaining momentum.

MRSI is in negative zone. This is the SELL zone

Although the stock is in the SELL zone, but selling might be slowing down

Stock of Redtape is picking up selling momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 134.94 and Redtape (Redtape) stock is trading below this level. This means that stock is falling with high volumes. VWAP is falling down

People seem to be coming out and selling the Redtape (Redtape) stock. Volume based technical analysis of Redtape (Redtape) stock is negative.

Redtape 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.