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(SURANASOL_BE) Surana Solar complete technical analysis [charts+indicators] | Buy/Sell Surana Solar | (SURANASOL_BE) share price targets

Complete technical analysis of Surana Solar (SURANASOL_BE) by charts plus indicators, forecast predictions and share price targets for Surana Solar (SURANASOL_BE)

Showing technical analysis as on 2024-06-11 View latest technical analysis

10 day averaged volume of Surana Solar is 164001

Date	Daily Closing Price	Open	High	Low	Volume
11 Tue Jun 2024	38.05	38.60	38.60	37.50	0.73 times
10 Mon Jun 2024	38.08	38.60	39.00	37.55	0.817 times
07 Fri Jun 2024	38.45	39.00	39.00	37.90	0.854 times
06 Thu Jun 2024	38.15	38.25	38.50	37.15	0.874 times
05 Wed Jun 2024	37.80	36.60	38.00	35.50	1.125 times
04 Tue Jun 2024	37.35	40.20	40.20	37.35	1.226 times
03 Mon Jun 2024	39.30	39.45	39.70	38.20	1.887 times
31 Fri May 2024	38.20	38.55	38.95	37.55	0.819 times
30 Thu May 2024	38.30	39.45	39.45	38.10	0.592 times
29 Wed May 2024	38.70	38.25	38.85	37.30	0.775 times

My analysis of stock is bearish for shortterm, but stock is semi over sold and there are some chances of seeing a recovery tomorrow. Use 37.7 as stoploss in an intra day buy trade for a target of 38.48. However, stock will show a bearish move below 37.7.

Share price targets for Surana Solar (SURANASOL_BE)

Target Type	Value
Downside Target	28.35
Downside Target	29.00
Downside Target	35.30
Downside Target	37.30
Upside Target	38.30
Upside Target	40.00
Upside Target	40.20
Upside Target	40.70
Upside Target	41.20
Upside Target	43.10
Upside Target	43.85

Intraday share price targets for Surana Solar (SURANASOL_BE)

Target Type	Value
Downside Intraday Target	37.37
Downside Intraday Target	36.68
Upside Intraday Target	38.87
Upside Intraday Target	39.68
Upside Intraday Target	38.18

Weekly technical analysis of Surana Solar (SURANASOL_BE)

Date	Weekly Closing Price	Open	High	Low	Volume
11 Tue Jun 2024	38.05	38.60	39.00	37.50	0.259 times
07 Fri Jun 2024	38.45	39.45	40.20	35.50	1.252 times
31 Fri May 2024	38.20	39.85	40.00	37.30	0.724 times
24 Fri May 2024	39.55	39.00	40.70	38.30	0.942 times
18 Sat May 2024	38.80	39.00	39.10	35.30	1.034 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 Surana Solar (SURANASOL_BE)

Date	Monthly Closing Price	Open	High	Low	Volume
11 Tue Jun 2024	38.05	39.45	40.20	35.50	0.27 times
31 Fri May 2024	38.20	42.10	43.10	35.30	2.721 times
30 Tue Apr 2024	41.50	42.15	43.85	41.20	0.571 times
15 Fri Mar 2024	29.80	29.00	37.50	28.35	1.33 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 Surana Solar (SURANASOL_BE)

Price action analysis of Surana Solar ( (SURANASOL_BE) ) 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 Surana Solar ( (SURANASOL_BE) ) based on a short term time period is negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small

Price action analysis of Surana Solar ( (SURANASOL_BE) ) based on a short to mid 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 Surana Solar ( (SURANASOL_BE) ) 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 Surana Solar stock for short term is SELL. Signal strength is Weak and stock is gaining momentum.

MACD generated a SELL signal for Surana Solar in short term but the sell signal is initial and weak.

Surana Solar 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 coming down

CCI has generated a SELL signal for Surana Solar in short term and SELL 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 Surana Solar is picking up selling momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 38.3 and Surana Solar (SURANASOL_BE) 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 Surana Solar (SURANASOL_BE) stock. Volume based technical analysis of Surana Solar (SURANASOL_BE) stock is negative.

Surana Solar 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.