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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 2024-05-23 View latest technical analysis

10 day averaged volume of Solex Energy is 30460

Date	Daily Closing Price	Open	High	Low	Volume
23 Thu May 2024	1459.50	1425.00	1459.50	1331.10	2.16 times
22 Wed May 2024	1390.00	1449.90	1449.90	1335.00	6.303 times
21 Tue May 2024	1380.90	1380.90	1380.90	1380.90	0.217 times
18 Sat May 2024	1315.15	1315.15	1315.15	1315.15	0.092 times
17 Fri May 2024	1252.55	1252.55	1252.55	1252.55	0.197 times
16 Thu May 2024	1192.95	1192.95	1192.95	1192.95	0.131 times
15 Wed May 2024	1136.15	1136.15	1136.15	1136.15	0.158 times
14 Tue May 2024	1082.05	1082.05	1082.05	1082.05	0.033 times
13 Mon May 2024	1030.55	998.95	1030.55	952.00	0.926 times
10 Fri May 2024	981.50	999.30	1014.95	969.50	1.129 times

Stock of Solex Energy (SOLEX_SM) has showed a significant upmove. This could be a good time to enter in this stock!

Although my analysis for stock is bullish for shortterm, but stock is over bought and there are high chances of some profit booking tomorrow. You might want to sell the stock tomorrow in intra day with a stoploss of 1454.3, for a target of 1303.2 or 1177.27

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	866.00
Downside Target	952.00
Downside Target	990.00
Downside Target	1050.00
Downside Target	1109.60
Downside Target	1160.00
Downside Target	1234.40
Downside Target	1300.00
Downside Target	1315.15
Downside Target	1331.10
Downside Target	1459.50

Intraday share price targets for Solex Energy (SOLEX_SM)

Target Type	Value
Downside Intraday Target	1373.9
Downside Intraday Target	1288.3
Upside Intraday Target	1502.3
Upside Intraday Target	1545.1
Downside Intraday Target	1416.7

Weekly technical analysis of Solex Energy (SOLEX_SM)

Date	Weekly Closing Price	Open	High	Low	Volume
23 Thu May 2024	1459.50	1380.90	1459.50	1331.10	5.65 times
18 Sat May 2024	1315.15	998.95	1315.15	952.00	0.488 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

Price has moved up this week, and volume has increased substantially. This means that the move can continue in coming weeks.

Monthly technical analysis of Solex Energy (SOLEX_SM)

Date	Monthly Closing Price	Open	High	Low	Volume
23 Thu May 2024	1459.50	1182.00	1459.50	952.00	0.601 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 neutral. A longer time frame might give a better analysis.

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 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 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 1323.38 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.