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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 2024-05-29 View latest technical analysis

10 day averaged volume of Solex Energy is 44660

Date	Daily Closing Price	Open	High	Low	Volume
29 Wed May 2024	1546.20	1435.00	1569.75	1420.25	1.787 times
28 Tue May 2024	1495.00	1609.00	1640.00	1495.00	1.644 times
27 Mon May 2024	1573.65	1589.00	1598.75	1525.00	1.088 times
24 Fri May 2024	1522.65	1532.00	1532.45	1476.00	0.954 times
23 Thu May 2024	1459.50	1425.00	1459.50	1331.10	1.473 times
22 Wed May 2024	1390.00	1449.90	1449.90	1335.00	4.299 times
21 Tue May 2024	1380.90	1380.90	1380.90	1380.90	0.148 times
18 Sat May 2024	1315.15	1315.15	1315.15	1315.15	0.063 times
17 Fri May 2024	1252.55	1252.55	1252.55	1252.55	0.134 times
16 Thu May 2024	1192.95	1192.95	1192.95	1192.95	0.09 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 1438.4, but if it comes below 1438.4, then a intra day sell could be more profitable.
If you take a sell trade below 1438.4, then use 1438.4 as stoploss and 1248.16 as target. However if you take a buy trade in stock , then use 1438.4 as stoploss and 1666.6 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	866.00
Downside Target	952.00
Downside Target	990.00
Downside Target	1109.60
Downside Target	1160.00
Downside Target	1300.00
Downside Target	1331.10
Downside Target	1420.25
Downside Target	1532.45
Upside Target	1640.00

Intraday share price targets for Solex Energy (SOLEX_SM)

Target Type	Value
Downside Intraday Target	1430.97
Downside Intraday Target	1315.73
Upside Intraday Target	1650.72
Upside Intraday Target	1755.23
Downside Intraday Target	1535.48

Weekly technical analysis of Solex Energy (SOLEX_SM)

Date	Weekly Closing Price	Open	High	Low	Volume
29 Wed May 2024	1546.20	1589.00	1640.00	1420.25	0.657 times
24 Fri May 2024	1522.65	1380.90	1532.45	1331.10	6.56 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

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
29 Wed May 2024	1546.20	1182.00	1640.00	952.00	0.923 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 negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this stock.

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 losing 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 SELL signal for Solex Energy in short term but SELL signal is weak.

RSI is generating a BUY signal in short term and the buying is gaining momentum.

MRSI is in positive zone. This is a BUY 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 1461.78 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.