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 2024-08-09 View latest technical analysis

10 day averaged volume of Solex Energy is 24700

Date	Daily Closing Price	Open	High	Low	Volume
09 Fri Aug 2024	1817.50	1850.00	1919.10	1750.00	4.883 times
08 Thu Aug 2024	1744.65	1629.95	1744.65	1600.00	2.381 times
07 Wed Aug 2024	1586.05	1530.00	1610.00	1500.00	0.98 times
06 Tue Aug 2024	1496.60	1609.80	1615.00	1492.00	1.004 times
05 Mon Aug 2024	1538.90	1528.00	1577.00	1513.00	1.433 times
02 Fri Aug 2024	1502.25	1510.00	1520.00	1480.00	0.518 times
01 Thu Aug 2024	1530.00	1562.00	1573.00	1502.00	0.421 times
31 Wed Jul 2024	1557.70	1530.00	1594.00	1530.00	0.607 times
30 Tue Jul 2024	1530.70	1591.25	1600.00	1517.00	1.101 times
29 Mon Jul 2024	1591.25	1629.50	1675.00	1580.00	0.988 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 1773, for a target of 1654.7 or 1556.17

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
Upside Target	1919.10

Intraday share price targets for Solex Energy (SOLEX_SM)

Target Type	Value
Downside Intraday Target	1566.63
Downside Intraday Target	1315.77
Upside Intraday Target	1993.73
Upside Intraday Target	2169.97
Downside Intraday Target	1742.87

Weekly technical analysis of Solex Energy (SOLEX_SM)

Date	Weekly Closing Price	Open	High	Low	Volume
09 Fri Aug 2024	1817.50	1528.00	1919.10	1492.00	2.938 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
09 Fri Aug 2024	1817.50	1562.00	1919.10	1480.00	0.432 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 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 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 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 is trading near its recent HIGHS, which reflects strong buying momentum in short term! 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 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 1670.59 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.