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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 2024-06-28 View latest technical analysis

10 day averaged volume of Surana Solar is 190035

Date	Daily Closing Price	Open	High	Low	Volume
28 Fri Jun 2024	38.09	39.40	39.40	37.80	0.46 times
27 Thu Jun 2024	37.76	39.00	39.29	37.60	0.675 times
26 Wed Jun 2024	38.61	39.60	39.60	38.21	0.575 times
25 Tue Jun 2024	38.82	39.94	39.94	38.60	0.789 times
24 Mon Jun 2024	39.22	39.60	39.60	39.00	1.25 times
21 Fri Jun 2024	38.74	39.49	39.89	38.60	0.711 times
20 Thu Jun 2024	38.78	39.19	39.70	38.50	1.165 times
19 Wed Jun 2024	38.80	39.50	40.45	38.35	0.932 times
18 Tue Jun 2024	39.51	38.85	40.00	38.02	2.2 times
14 Fri Jun 2024	38.68	39.45	39.45	37.75	0.926 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 37.9 as stoploss in an intra day buy trade for a target of 38.45. However, stock will show a bearish move below 37.9.

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	39.45
Upside Target	40.00
Upside Target	40.20
Upside Target	40.45
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	37.15
Downside Intraday Target	36.2
Upside Intraday Target	39.49
Upside Intraday Target	40.88
Upside Intraday Target	38.54

Weekly technical analysis of Surana Solar (SURANASOL_BE)

Date	Weekly Closing Price	Open	High	Low	Volume
28 Fri Jun 2024	38.09	39.60	39.94	37.60	0.749 times
21 Fri Jun 2024	38.74	38.85	40.45	38.02	1.389 times
14 Fri Jun 2024	38.68	38.60	39.45	37.47	0.7 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

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
28 Fri Jun 2024	38.09	39.45	40.45	35.50	0.729 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 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 short to mid term time period is neutral. A longer time frame might give a better analysis.

Price action analysis of Surana Solar ( (SURANASOL_BE) ) 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 Surana Solar stock for short term is SELL. Signal strength is Strong and stock is losing momentum.

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

Surana Solar Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are getting stronger in this stock.

Ichimoku cloud is of red color and prices are below the red cloud Prices appear to be moving up

CCI has generated a buy signal for Surana Solar in short term but BUY signal is weak.

RSI is generating a BUY signal in short term but buying 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 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 38.88 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 positive

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