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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 2024-05-16 View latest technical analysis

10 day averaged volume of Solex Energy is 17960

Date	Daily Closing Price	Open	High	Low	Volume
16 Thu May 2024	1192.95	1192.95	1192.95	1192.95	0.223 times
15 Wed May 2024	1136.15	1136.15	1136.15	1136.15	0.267 times
14 Tue May 2024	1082.05	1082.05	1082.05	1082.05	0.056 times
13 Mon May 2024	1030.55	998.95	1030.55	952.00	1.57 times
10 Fri May 2024	981.50	999.30	1014.95	969.50	1.915 times
09 Thu May 2024	1020.50	1099.80	1099.80	1020.50	1.381 times
08 Wed May 2024	1074.20	1112.00	1135.00	1065.05	0.445 times
07 Tue May 2024	1101.75	1105.00	1135.90	1070.10	0.512 times
06 Mon May 2024	1097.35	1111.00	1160.00	1086.00	1.091 times
03 Fri May 2024	1142.50	1199.00	1199.00	1109.60	1.18 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 1177.7, but if it comes below 1177.7, then a intra day sell could be more profitable.
If you take a sell trade below 1177.7, then use 1177.7 as stoploss and 1115.16 as target. However if you take a buy trade in stock , then use 1177.7 as stoploss and 1252.7 as target.

Share price targets for Solex Energy (SOLEX_SM)

Target Type	Value
Downside Target	415.00
Downside Target	558.00
Downside Target	675.00
Downside Target	773.45
Downside Target	840.00
Downside Target	866.00
Downside Target	952.00
Downside Target	990.00
Downside Target	1050.00
Downside Target	1109.60
Downside Target	1160.00
Downside Target	1192.95
Upside Target	1220.00
Upside Target	1234.40
Upside Target	1300.00

Intraday share price targets for Solex Energy (SOLEX_SM)

Target Type	Value
Downside Intraday Target	1032.32
Downside Intraday Target	871.68
Upside Intraday Target	1273.27
Upside Intraday Target	1353.58
Downside Intraday Target	1112.63

Weekly technical analysis of Solex Energy (SOLEX_SM)

Date	Weekly Closing Price	Open	High	Low	Volume
16 Thu May 2024	1192.95	998.95	1192.95	952.00	0.396 times
10 Fri May 2024	981.50	1111.00	1160.00	969.50	0.727 times
03 Fri May 2024	1142.50	1238.70	1300.00	1109.60	0.609 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

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
16 Thu May 2024	1192.95	1182.00	1220.00	952.00	0.242 times
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

Scroll below to view daily charts

Price has moved up 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 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 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 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 mid to longer term time period is neutral. A longer time frame might give a better analysis.

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

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

Solex Energy Stock in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. Bulls are getting stronger in this stock.

Ichimoku cloud is of green color and prices are above the green cloud Prices appear to be moving up

CCI has generated a buy signal for Solex Energy in short term and BUY 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

Stock of Solex Energy is picking up buying momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 1056.05 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 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 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.