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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 2024-08-06 View latest technical analysis

10 day averaged volume of Solex Energy is 25900

Date	Daily Closing Price	Open	High	Low	Volume
06 Tue Aug 2024	1496.60	1609.80	1615.00	1492.00	0.958 times
05 Mon Aug 2024	1538.90	1528.00	1577.00	1513.00	1.367 times
02 Fri Aug 2024	1502.25	1510.00	1520.00	1480.00	0.494 times
01 Thu Aug 2024	1530.00	1562.00	1573.00	1502.00	0.402 times
31 Wed Jul 2024	1557.70	1530.00	1594.00	1530.00	0.579 times
30 Tue Jul 2024	1530.70	1591.25	1600.00	1517.00	1.05 times
29 Mon Jul 2024	1591.25	1629.50	1675.00	1580.00	0.942 times
26 Fri Jul 2024	1629.50	1690.00	1693.95	1613.95	0.541 times
25 Thu Jul 2024	1648.70	1591.00	1670.55	1590.70	2.525 times
24 Wed Jul 2024	1591.00	1578.00	1591.05	1505.00	1.305 times

My analysis of stock is bearish for shortterm, and stock might move down till 1406.8 or till 1295.7. Use a stoploss of 1499.33 and if the stock hits stoploss, then it can shoot up till 1591.88

Share price targets for Solex Energy (SOLEX_SM)

Target Type	Value
Downside Target	773.45
Downside Target	952.00
Downside Target	1288.05
Downside Target	1331.00
Downside Target	1400.00
Downside Target	1459.95
Upside Target	1579.95
Upside Target	1615.00
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	1454.07
Downside Intraday Target	1411.53
Upside Intraday Target	1577.07
Upside Intraday Target	1657.53
Upside Intraday Target	1534.53

Weekly technical analysis of Solex Energy (SOLEX_SM)

Date	Weekly Closing Price	Open	High	Low	Volume
06 Tue Aug 2024	1496.60	1528.00	1615.00	1492.00	0.67 times
02 Fri Aug 2024	1502.25	1629.50	1675.00	1480.00	0.535 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

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
06 Tue Aug 2024	1496.60	1562.00	1615.00	1480.00	0.125 times
31 Wed Jul 2024	1557.70	1489.00	1693.95	1288.05	1.522 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

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 positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.

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 neutral. A longer time frame might give a better analysis.

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 gaining 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 getting stronger in this stock.

Ichimoku cloud is of green color and prices are in or below the green cloud Prices appear to be coming down

CCI has generated a SELL signal for Solex Energy in short term and SELL signal is strong!

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 1576.65 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.