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 2024-08-07 View latest technical analysis

10 day averaged volume of Solex Energy is 26320

Date	Daily Closing Price	Open	High	Low	Volume
07 Wed Aug 2024	1586.05	1530.00	1610.00	1500.00	0.919 times
06 Tue Aug 2024	1496.60	1609.80	1615.00	1492.00	0.942 times
05 Mon Aug 2024	1538.90	1528.00	1577.00	1513.00	1.345 times
02 Fri Aug 2024	1502.25	1510.00	1520.00	1480.00	0.486 times
01 Thu Aug 2024	1530.00	1562.00	1573.00	1502.00	0.395 times
31 Wed Jul 2024	1557.70	1530.00	1594.00	1530.00	0.57 times
30 Tue Jul 2024	1530.70	1591.25	1600.00	1517.00	1.033 times
29 Mon Jul 2024	1591.25	1629.50	1675.00	1580.00	0.927 times
26 Fri Jul 2024	1629.50	1690.00	1693.95	1613.95	0.532 times
25 Thu Jul 2024	1648.70	1591.00	1670.55	1590.70	2.485 times

My analysis of stock is bullish for shortterm, but stock is in semi over bought zones and there are some chances of seeing a fall tomorrow. Use 1599 as stoploss in an intra day sell trade for a target of 1510.84. However, stock will show a bullish move above 1599.

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
Downside 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	1513.7
Downside Intraday Target	1441.35
Upside Intraday Target	1636.7
Upside Intraday Target	1687.35
Downside Intraday Target	1564.35

Weekly technical analysis of Solex Energy (SOLEX_SM)

Date	Weekly Closing Price	Open	High	Low	Volume
07 Wed Aug 2024	1586.05	1528.00	1615.00	1492.00	0.94 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 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
07 Wed Aug 2024	1586.05	1562.00	1615.00	1480.00	0.162 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 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 positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.

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

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 SELL signal for Solex Energy in short term but the sell signal is initial and weak.

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 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 above 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 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 1575.63 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 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 positive

Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.