Last close · 16 Oct 2026
Rs 28.07 +2.90%
Technical analysis · updated after the close, 16 Oct 2026
Redco Textiles Limited (REDCO) technical analysis
REDCO closed at Rs 28.07 on 16 Oct 2026 (+2.90%). The daily picture is neutral: the price is above 3 of its 6 simple moving averages, MACD is above its signal line and RSI at 50.4 is neutral. The weekly trend is neutral, while the monthly chart is still strongly bullish. Nearest support is the daily pivot at 27.09, resistance R1 at 28.19.
Daily
Neutral
Weekly
Neutral
Monthly
Strongly bullish
Oscillators
Bullish
3 bullish · 6 neutral · 1 bearish
| Indicator | Value | Reading |
|---|---|---|
| RSI (14) | 47.74 | Neutral |
| Stochastic %K (14, 3, 3) | 20.67 | Neutral |
| Stochastic RSI (14, 3, 3) | 100.00 | Neutral |
| CCI (20) | -105.11 | Bullish |
| ADX (14) | 31.68 | Bullish |
| Williams %R (14) | -68.48 | Neutral |
| MACD (12, 26, 9) | 0.29 | Bearish |
| Momentum (10) | -3.76 | Bullish |
| Ultimate Oscillator (7, 14, 28) | 50.08 | Neutral |
| Bull Bear Power (13) | -2.48 | Neutral |
Moving averages
Neutral
6 bullish · 0 neutral · 6 bearish
| Period | Simple | Exponential | ||
|---|---|---|---|---|
| MA 10 | 29.33 | Bearish | 29.05 | Bearish |
| MA 20 | 30.35 | Bearish | 29.16 | Bearish |
| MA 30 | 29.01 | Bearish | 28.67 | Bearish |
| MA 50 | 26.91 | Bullish | 27.38 | Bullish |
| MA 100 | 24.61 | Bullish | 23.86 | Bullish |
| MA 200 | 15.77 | Bullish | 18.71 | Bullish |
Support & resistance
Weekly pivots- R3 32.28
- R2 30.33
- R1 28.89
- Pivot 26.94
- S1 25.50
- S2 23.55
- S3 22.11
- Close 28.07
Pivot points
| Level | Classic | Fibonacci | Camarilla |
|---|---|---|---|
| R3 | 32.28 | 30.33 | 28.37 |
| R2 | 30.33 | 29.04 | 28.06 |
| R1 | 28.89 | 28.24 | 27.75 |
| Pivot | 26.94 | 26.94 | 26.94 |
| S1 | 25.50 | 25.65 | 27.13 |
| S2 | 23.55 | 24.85 | 26.82 |
| S3 | 22.11 | 23.55 | 26.51 |
Range & volatility
52-week range
14.9040.40
- ATR (14)
- 4.0114.3% of price
- Bollinger Bands (20, 2)
- 25.99 – 34.70
- From the 52-week high
- -30.5%
- Bars analysed
- 707
How these readings work
Computed after each close from REDCO's daily prices; weekly and monthly bars are built from them, and days without trading are left out. Each oscillator and moving average gives a bullish, neutral or bearish reading, and the summary weighs them: strongly bullish when clearly more readings are bullish, strongly bearish when clearly more are bearish. Pivot levels come from the previous completed bar. Readings describe the chart; they are not a recommendation. For information purposes only, not investment advice.
History before 25 Oct 2012 is left out: a price move on that day was too large to compare earlier prices (for example an unadjusted split or bonus issue).