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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 2024-07-29 View latest technical analysis

10 day averaged volume of Solex Energy is 36280

Date	Daily Closing Price	Open	High	Low	Volume
29 Mon Jul 2024	1591.25	1629.50	1675.00	1580.00	0.673 times
26 Fri Jul 2024	1629.50	1690.00	1693.95	1613.95	0.386 times
25 Thu Jul 2024	1648.70	1591.00	1670.55	1590.70	1.803 times
24 Wed Jul 2024	1591.00	1578.00	1591.05	1505.00	0.932 times
23 Tue Jul 2024	1515.30	1538.00	1594.00	1464.05	0.568 times
22 Mon Jul 2024	1534.20	1460.00	1537.80	1401.00	0.943 times
19 Fri Jul 2024	1464.60	1578.90	1578.90	1464.60	0.441 times
18 Thu Jul 2024	1541.65	1548.95	1579.95	1529.25	2.144 times
16 Tue Jul 2024	1504.75	1489.80	1504.75	1460.75	1.047 times
15 Mon Jul 2024	1433.10	1400.00	1433.10	1400.00	0.992 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 1571.4, but if it comes below 1571.4, then a intra day sell could be more profitable.
If you take a sell trade below 1571.4, then use 1571.4 as stoploss and 1478.87 as target. However if you take a buy trade in stock , then use 1571.4 as stoploss and 1682.4 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
Downside Target	1459.95
Downside Target	1545.90
Downside Target	1579.95
Upside Target	1638.15
Upside Target	1640.00
Upside Target	1675.00
Upside Target	1693.95

Intraday share price targets for Solex Energy (SOLEX_SM)

Target Type	Value
Downside Intraday Target	1555.83
Downside Intraday Target	1520.42
Upside Intraday Target	1650.83
Upside Intraday Target	1710.42
Upside Intraday Target	1615.42

Weekly technical analysis of Solex Energy (SOLEX_SM)

Date	Weekly Closing Price	Open	High	Low	Volume
29 Mon Jul 2024	1591.25	1629.50	1675.00	1580.00	0.145 times
26 Fri Jul 2024	1629.50	1460.00	1693.95	1401.00	1.001 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

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
29 Mon Jul 2024	1591.25	1489.00	1693.95	1288.05	1.426 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 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 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 green color and prices are above the green cloud Prices appear to be coming down

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 but buying is losing momentum.

MRSI is in negative zone. This is the SELL zone

Although the stock is in the SELL zone, but selling might be slowing down

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

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 1552.11 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.