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

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

Showing technical analysis as on 2024-04-09 View latest technical analysis

10 day averaged volume of Solex Energy is 13080

Date	Daily Closing Price	Open	High	Low	Volume
09 Tue Apr 2024	792.85	810.00	810.00	780.00	0.78 times
08 Mon Apr 2024	803.60	804.00	814.00	787.00	1.223 times
05 Fri Apr 2024	781.30	780.00	804.20	776.95	1.269 times
04 Thu Apr 2024	782.25	809.30	814.95	773.45	2.263 times
03 Wed Apr 2024	815.40	820.00	821.00	791.10	0.902 times
02 Tue Apr 2024	825.60	871.00	871.00	820.00	1.33 times
01 Mon Apr 2024	870.00	879.00	879.00	851.00	0.872 times
28 Thu Mar 2024	810.00	820.00	834.00	801.00	0.229 times
27 Wed Mar 2024	818.25	850.00	850.00	802.55	0.581 times
26 Tue Mar 2024	855.65	853.50	864.95	847.00	0.596 times

My analysis of stock is bearish for shortterm, and stock might move down till 770.9 or till 730.8. Use a stoploss of 804.21 and if the stock hits stoploss, then it can shoot up till 837.56

Share price targets for Solex Energy (SOLEX_SM)

Target Type	Value
Downside Target	415.00
Downside Target	427.00
Downside Target	510.00
Downside Target	558.00
Downside Target	675.00
Downside Target	768.00
Upside Target	801.00
Upside Target	833.00
Upside Target	858.00
Upside Target	864.95
Upside Target	866.00
Upside Target	879.00
Upside Target	990.00

Intraday share price targets for Solex Energy (SOLEX_SM)

Target Type	Value
Downside Intraday Target	777.23
Downside Intraday Target	761.62
Upside Intraday Target	811.23
Upside Intraday Target	829.62
Upside Intraday Target	795.62

Weekly technical analysis of Solex Energy (SOLEX_SM)

Date	Weekly Closing Price	Open	High	Low	Volume
09 Tue Apr 2024	792.85	804.00	814.00	780.00	0.302 times
05 Fri Apr 2024	781.30	879.00	879.00	773.45	4.717 times
28 Thu Mar 2024	810.00	853.50	864.95	801.00	0.492 times
22 Fri Mar 2024	853.15	774.50	858.00	768.00	0.469 times
15 Fri Mar 2024	784.90	776.10	833.00	675.00	1.985 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 Solex Energy (SOLEX_SM)

Date	Monthly Closing Price	Open	High	Low	Volume
09 Tue Apr 2024	792.85	879.00	879.00	773.45	0.581 times
28 Thu Mar 2024	810.00	814.00	866.00	675.00	0.229 times
29 Thu Feb 2024	813.55	610.00	990.00	558.00	1.538 times
31 Wed Jan 2024	607.65	415.00	685.00	415.00	3.848 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 Solex Energy (SOLEX_SM)

Price action analysis of Solex Energy ( (SOLEX_SM) ) based on a short term time period is positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.

Price action analysis of Solex Energy ( (SOLEX_SM) ) 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 Solex Energy ( (SOLEX_SM) ) based on a short to mid term time period is negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small

Price action analysis of Solex Energy ( (SOLEX_SM) ) based on a mid to longer term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.

ADX buy sell signal for Solex Energy stock for short term is SELL. Signal strength is Weak and stock is gaining momentum.

MACD generated a SELL signal for Solex Energy in short term but the sell signal is initial and weak.

Solex Energy Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are weakening, and bulls are picking up momentum!

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

CCI has generated a SELL signal for Solex Energy 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 Solex Energy is picking up selling momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 808.96 and Solex Energy (SOLEX_SM) 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 Solex Energy (SOLEX_SM) stock. Volume based technical analysis of Solex Energy (SOLEX_SM) stock is negative.

Solex Energy 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.