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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 2024-04-30 View latest technical analysis

10 day averaged volume of Solex Energy is 46360

Date	Daily Closing Price	Open	High	Low	Volume
30 Tue Apr 2024	1177.65	1300.00	1300.00	1176.80	0.673 times
29 Mon Apr 2024	1238.70	1238.70	1238.70	1189.95	1.104 times
26 Fri Apr 2024	1179.75	1170.00	1179.75	1148.00	0.229 times
25 Thu Apr 2024	1123.60	1068.00	1131.20	1050.00	0.91 times
24 Wed Apr 2024	1077.35	1063.25	1133.95	1061.05	0.746 times
23 Tue Apr 2024	1116.90	1234.40	1234.40	1116.90	0.988 times
22 Mon Apr 2024	1175.65	1175.65	1175.65	1122.35	1.799 times
19 Fri Apr 2024	1119.70	1089.00	1119.70	1022.55	1.419 times
18 Thu Apr 2024	1066.40	1066.40	1066.40	1066.40	0.285 times
16 Tue Apr 2024	1015.65	970.00	1015.65	970.00	1.109 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 1138.2, but if it comes below 1138.2, then a intra day sell could be more profitable.
If you take a sell trade below 1138.2, then use 1138.2 as stoploss and 975.97 as target. However if you take a buy trade in stock , then use 1138.2 as stoploss and 1332.8 as target.

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	773.45
Downside Target	840.00
Downside Target	990.00
Downside Target	1050.00
Downside Target	1119.70
Downside Target	1176.80
Upside Target	1234.40
Upside Target	1300.00

Intraday share price targets for Solex Energy (SOLEX_SM)

Target Type	Value
Downside Intraday Target	1136.3
Downside Intraday Target	1094.95
Upside Intraday Target	1259.5
Upside Intraday Target	1341.35
Upside Intraday Target	1218.15

Weekly technical analysis of Solex Energy (SOLEX_SM)

Date	Weekly Closing Price	Open	High	Low	Volume
30 Tue Apr 2024	1177.65	1238.70	1300.00	1176.80	0.38 times
26 Fri Apr 2024	1179.75	1175.65	1234.40	1050.00	1.106 times
19 Fri Apr 2024	1119.70	850.00	1119.70	840.00	1.098 times
12 Fri Apr 2024	839.45	804.00	852.00	780.00	2.055 times
05 Fri Apr 2024	781.30	879.00	879.00	773.45	4.717 times

Price has moved down 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
30 Tue Apr 2024	1177.65	879.00	1300.00	773.45	3.905 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 up this month, and volume has increased substantially. This means that the move can 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 buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.

Price action analysis of Solex Energy ( (SOLEX_SM) ) based on a short 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.

Price action analysis of Solex Energy ( (SOLEX_SM) ) based on a short to mid 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.

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 BUY. Signal strength is Strong and stock is gaining momentum.

MACD generated a BUY signal for Solex Energy in short term and the buy signal is strong.

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

Solex Energy Stock is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting tired and bears are picking up momentum.

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

CCI has generated a SELL signal for Solex Energy in short term but SELL signal is weak.

RSI is generating a BUY signal in short term but buying is losing momentum.

MRSI is in positive zone. This is a BUY zone

Although the stock is in the BUY zone, but buying 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 1133.03 and Solex Energy (SOLEX_SM) stock is trading above this level. This is a good sign for the stock and it could move higher. VWAP is rising upwards.

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 is giving positive returns over a short term period. Returns for a longer term period have been positive

Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.