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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 2024-08-08 View latest technical analysis

10 day averaged volume of Solex Energy is 25360

Date	Daily Closing Price	Open	High	Low	Volume
08 Thu Aug 2024	1744.65	1629.95	1744.65	1600.00	2.319 times
07 Wed Aug 2024	1586.05	1530.00	1610.00	1500.00	0.954 times
06 Tue Aug 2024	1496.60	1609.80	1615.00	1492.00	0.978 times
05 Mon Aug 2024	1538.90	1528.00	1577.00	1513.00	1.396 times
02 Fri Aug 2024	1502.25	1510.00	1520.00	1480.00	0.505 times
01 Thu Aug 2024	1530.00	1562.00	1573.00	1502.00	0.41 times
31 Wed Jul 2024	1557.70	1530.00	1594.00	1530.00	0.591 times
30 Tue Jul 2024	1530.70	1591.25	1600.00	1517.00	1.073 times
29 Mon Jul 2024	1591.25	1629.50	1675.00	1580.00	0.962 times
26 Fri Jul 2024	1629.50	1690.00	1693.95	1613.95	0.552 times

Stock of Solex Energy (SOLEX_SM) has showed a significant upmove. This could be a good time to enter in this stock!

Although my analysis for stock is bullish for shortterm, but stock is over bought and there are high chances of some profit booking tomorrow. You might want to sell the stock tomorrow in intra day with a stoploss of 1726.6, for a target of 1621.1 or 1533.21

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
Downside Target	1638.15
Downside Target	1640.00
Downside Target	1675.00
Downside Target	1693.95
Downside Target	1744.65

Intraday share price targets for Solex Energy (SOLEX_SM)

Target Type	Value
Downside Intraday Target	1576.22
Downside Intraday Target	1407.78
Upside Intraday Target	1828.87
Upside Intraday Target	1913.08
Downside Intraday Target	1660.43

Weekly technical analysis of Solex Energy (SOLEX_SM)

Date	Weekly Closing Price	Open	High	Low	Volume
08 Thu Aug 2024	1744.65	1528.00	1744.65	1492.00	1.595 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, and volume has increased substantially. This means that the move can continue in coming weeks.

Monthly technical analysis of Solex Energy (SOLEX_SM)

Date	Monthly Closing Price	Open	High	Low	Volume
08 Thu Aug 2024	1744.65	1562.00	1744.65	1480.00	0.25 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 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 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 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 Strong and stock is gaining 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 in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. Bulls are getting stronger in this stock.

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 and BUY signal is strong.

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

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 1596.52 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.