Daily Technical Analysis Weekly Analysis Monthly Analysis Renko chart MACD chart Bollinger Bands chart Stochastics charts Force Index charts

(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 2024-07-22 View latest technical analysis

10 day averaged volume of Solex Energy is 32360

Date	Daily Closing Price	Open	High	Low	Volume
22 Mon Jul 2024	1534.20	1460.00	1537.80	1401.00	1.057 times
19 Fri Jul 2024	1464.60	1578.90	1578.90	1464.60	0.494 times
18 Thu Jul 2024	1541.65	1548.95	1579.95	1529.25	2.404 times
16 Tue Jul 2024	1504.75	1489.80	1504.75	1460.75	1.174 times
15 Mon Jul 2024	1433.10	1400.00	1433.10	1400.00	1.112 times
12 Fri Jul 2024	1364.90	1420.00	1426.35	1355.05	0.834 times
11 Thu Jul 2024	1358.45	1297.10	1361.95	1295.00	0.853 times
10 Wed Jul 2024	1297.10	1322.00	1350.00	1288.05	1.001 times
09 Tue Jul 2024	1355.85	1425.00	1425.00	1351.10	0.828 times
08 Mon Jul 2024	1422.20	1441.00	1459.95	1400.00	0.408 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 1516.6, but if it comes below 1516.6, then a intra day sell could be more profitable.
If you take a sell trade below 1516.6, then use 1516.6 as stoploss and 1451.87 as target. However if you take a buy trade in stock , then use 1516.6 as stoploss and 1594.2 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
Downside Target	1400.00
Upside Target	1537.80
Upside Target	1545.90
Upside Target	1552.60
Upside Target	1579.95
Upside Target	1638.15
Upside Target	1640.00

Intraday share price targets for Solex Energy (SOLEX_SM)

Target Type	Value
Downside Intraday Target	1444.2
Downside Intraday Target	1354.2
Upside Intraday Target	1581
Upside Intraday Target	1627.8
Downside Intraday Target	1491

Weekly technical analysis of Solex Energy (SOLEX_SM)

Date	Weekly Closing Price	Open	High	Low	Volume
22 Mon Jul 2024	1534.20	1460.00	1537.80	1401.00	0.204 times
19 Fri Jul 2024	1464.60	1400.00	1579.95	1400.00	1.321 times
12 Fri Jul 2024	1364.90	1441.00	1459.95	1288.05	0.939 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

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
22 Mon Jul 2024	1534.20	1489.00	1579.95	1288.05	1.063 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 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 negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small

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

ADX buy sell signal for Solex Energy stock for short term is SELL. Signal strength is Weak 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 red color and prices are in or above the red 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 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 1447.1 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.