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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 2024-11-06 View latest technical analysis

10 day averaged volume of Solex Energy is 20263

Date	Daily Closing Price	Open	High	Low	Volume
06 Wed Nov 2024	1624.75	1540.00	1624.75	1537.40	2.307 times
05 Tue Nov 2024	1547.40	1559.00	1589.95	1511.10	1.462 times
04 Mon Nov 2024	1538.40	1452.00	1571.55	1440.00	1.653 times
01 Fri Nov 2024	1496.75	1535.00	1538.00	1480.00	0.45 times
31 Thu Oct 2024	1488.25	1458.00	1488.25	1445.70	1.919 times
30 Wed Oct 2024	1417.40	1341.00	1417.40	1340.00	0.703 times
29 Tue Oct 2024	1349.95	1375.00	1375.00	1330.10	0.284 times
28 Mon Oct 2024	1336.00	1328.40	1359.00	1320.00	0.654 times
25 Fri Oct 2024	1319.40	1348.15	1400.00	1287.15	1.468 times
24 Thu Oct 2024	1348.15	1325.00	1366.95	1325.00	0.568 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 1657, for a target of 1547.6 or 1456.42

Share price targets for Solex Energy (SOLEX_SM)

Target Type	Value
Downside Target	1265.00
Downside Target	1320.00
Downside Target	1385.00
Downside Target	1440.00
Downside Target	1538.00
Downside Target	1580.00
Downside Target	1624.75
Upside Target	1667.95
Upside Target	1693.95
Upside Target	1717.10
Upside Target	1829.00
Upside Target	1919.10

Intraday share price targets for Solex Energy (SOLEX_SM)

Target Type	Value
Downside Intraday Target	1501.58
Downside Intraday Target	1378.42
Upside Intraday Target	1686.33
Upside Intraday Target	1747.92
Downside Intraday Target	1563.17

Weekly technical analysis of Solex Energy (SOLEX_SM)

Date	Weekly Closing Price	Open	High	Low	Volume
06 Wed Nov 2024	1624.75	1452.00	1624.75	1440.00	1.352 times
01 Fri Nov 2024	1496.75	1328.40	1538.00	1320.00	0.851 times
25 Fri Oct 2024	1319.40	1460.00	1460.00	1287.15	0.654 times
18 Fri Oct 2024	1454.50	1511.20	1580.00	1385.00	0.954 times
11 Fri Oct 2024	1511.20	1645.45	1667.95	1466.60	0.698 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
06 Wed Nov 2024	1624.75	1535.00	1624.75	1440.00	0.184 times
31 Thu Oct 2024	1488.25	1510.00	1717.10	1287.15	1.696 times
30 Mon Sep 2024	1419.10	1600.00	1829.00	1265.00	0.693 times
30 Fri Aug 2024	1605.50	1562.00	1919.10	1480.00	0.828 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 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 mid to longer 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.

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 BUY signal for Solex Energy in short term but the buy 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 HIGHS, which reflects strong buying momentum in short term! Bulls are getting stronger in this stock.

Ichimoku cloud is of red color and prices are in or above the red 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 SELL signal in short term but selling 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 1485.82 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.