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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 2024-07-11 View latest technical analysis

10 day averaged volume of Solex Energy is 23340

Date	Daily Closing Price	Open	High	Low	Volume
11 Thu Jul 2024	1358.45	1297.10	1361.95	1295.00	1.183 times
10 Wed Jul 2024	1297.10	1322.00	1350.00	1288.05	1.388 times
09 Tue Jul 2024	1355.85	1425.00	1425.00	1351.10	1.148 times
08 Mon Jul 2024	1422.20	1441.00	1459.95	1400.00	0.566 times
05 Fri Jul 2024	1456.45	1485.00	1485.00	1421.00	1.234 times
04 Thu Jul 2024	1463.85	1458.00	1509.80	1450.00	0.54 times
03 Wed Jul 2024	1449.75	1455.90	1467.95	1410.05	0.694 times
02 Tue Jul 2024	1440.55	1514.15	1545.90	1438.45	2.159 times
01 Mon Jul 2024	1514.15	1489.00	1515.50	1450.05	1.165 times
28 Fri Jun 2024	1443.35	1462.00	1470.00	1436.00	0.497 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 1389.8, but if it comes above 1389.8, then a intra day buy could be more profitable.
If you take a sell trade below 1389.8, then use 1389.8 as stoploss and 1320.4 as target. However if you take a buy trade in stock , then use 1389.8 as stoploss and 1447.67 as target.

Share price targets for Solex Energy (SOLEX_SM)

Target Type	Value
Downside Target	675.00
Downside Target	773.45
Downside Target	866.00
Downside Target	952.00
Downside Target	1288.05
Downside Target	1331.00
Upside Target	1390.00
Upside Target	1519.95
Upside Target	1545.90
Upside Target	1549.70
Upside Target	1552.60
Upside Target	1638.15
Upside Target	1640.00

Intraday share price targets for Solex Energy (SOLEX_SM)

Target Type	Value
Downside Intraday Target	1277.68
Downside Intraday Target	1196.92
Upside Intraday Target	1449.58
Upside Intraday Target	1540.72
Upside Intraday Target	1368.82

Weekly technical analysis of Solex Energy (SOLEX_SM)

Date	Weekly Closing Price	Open	High	Low	Volume
11 Thu Jul 2024	1358.45	1441.00	1459.95	1288.05	0.74 times
05 Fri Jul 2024	1456.45	1489.00	1545.90	1410.05	1.438 times
28 Fri Jun 2024	1443.35	1552.60	1552.60	1436.00	0.987 times
21 Fri Jun 2024	1527.00	1475.00	1549.70	1390.00	1.006 times
14 Fri Jun 2024	1442.30	1504.00	1519.95	1400.10	0.619 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
11 Thu Jul 2024	1358.45	1489.00	1545.90	1288.05	0.539 times
28 Fri Jun 2024	1443.35	1638.15	1638.15	1331.00	0.59 times
31 Fri May 2024	1560.15	1182.00	1640.00	952.00	0.974 times
30 Tue Apr 2024	1177.65	879.00	1300.00	773.45	3.905 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 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 definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.

ADX buy sell signal for Solex Energy stock for short term is SELL. Signal strength is Strong and stock is losing 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 green color and prices are in or below the green cloud Prices appear to be moving up

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

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 1414.25 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.