Daily Technical Analysis Weekly Analysis Monthly Analysis Renko chart MACD chart Bollinger Bands chart Stochastics charts Force Index charts

(ADANIENSOL) Adani Energy complete technical analysis [charts+indicators] | Buy/Sell Adani Energy | (ADANIENSOL) share price targets

Complete technical analysis of Adani Energy (ADANIENSOL) by charts plus indicators, forecast predictions and share price targets for Adani Energy (ADANIENSOL)

Showing technical analysis as on 2024-05-03 View latest technical analysis

10 day averaged volume of Adani Energy is 1506550

Date	Daily Closing Price	Open	High	Low	Volume
03 Fri May 2024	1061.55	1045.55	1068.50	1044.00	1.77 times
02 Thu May 2024	1052.85	1065.20	1066.00	1045.60	2.104 times
30 Tue Apr 2024	1065.20	1067.00	1087.30	1060.35	2.325 times
29 Mon Apr 2024	1061.00	1072.85	1072.85	1057.60	1.856 times
26 Fri Apr 2024	1062.85	1055.00	1071.45	1046.50	1.365 times
25 Thu Apr 2024	1050.15	1045.00	1053.95	1040.85	0.279 times
24 Wed Apr 2024	1047.85	1055.00	1056.20	1042.30	0.272 times
23 Tue Apr 2024	1050.05	1048.00	1068.95	1042.05	0.498 times
22 Mon Apr 2024	1042.95	1054.00	1080.00	1040.00	0.443 times
19 Fri Apr 2024	1040.60	1021.40	1046.55	1011.40	0.528 times

My analysis of stock is bearish for shortterm, and stock might move down till 1043.6 or till 1021.6. Use a stoploss of 1061.92 and if the stock hits stoploss, then it can shoot up till 1080.27

Share price targets for Adani Energy (ADANIENSOL)

Target Type	Value
Downside Target	915.30
Downside Target	1001.20
Upside Target	1068.90
Upside Target	1080.00
Upside Target	1087.30
Upside Target	1095.00
Upside Target	1117.75
Upside Target	1128.85
Upside Target	1190.60
Upside Target	1250.00

Intraday share price targets for Adani Energy (ADANIENSOL)

Target Type	Value
Downside Intraday Target	1041.27
Downside Intraday Target	1020.98
Upside Intraday Target	1084.57
Upside Intraday Target	1107.58
Upside Intraday Target	1064.28

Weekly technical analysis of Adani Energy (ADANIENSOL)

Date	Weekly Closing Price	Open	High	Low	Volume
03 Fri May 2024	1061.55	1072.85	1087.30	1044.00	2.819 times
26 Fri Apr 2024	1062.85	1054.00	1080.00	1040.00	1.434 times
19 Fri Apr 2024	1040.60	1036.40	1068.90	1011.40	1.014 times
12 Fri Apr 2024	1068.90	1105.00	1117.75	1053.00	0.316 times
05 Fri Apr 2024	1096.30	1047.10	1128.85	1036.15	0.846 times

Price has moved down this week, and volume has increased substantially. This means that the move can continue in coming weeks.

Monthly technical analysis of Adani Energy (ADANIENSOL)

Date	Monthly Closing Price	Open	High	Low	Volume
03 Fri May 2024	1061.55	1065.20	1068.50	1044.00	0.225 times
30 Tue Apr 2024	1065.20	1047.10	1128.85	1011.40	0.501 times
28 Thu Mar 2024	1026.70	1075.00	1095.00	915.30	0.837 times
29 Thu Feb 2024	1064.85	1073.00	1190.60	1001.20	1.161 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 Adani Energy (ADANIENSOL)

Price action analysis of Adani Energy ( (ADANIENSOL) ) 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 Adani Energy ( (ADANIENSOL) ) 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 Adani Energy ( (ADANIENSOL) ) based on a short to mid term time period is neutral. A longer time frame might give a better analysis.

Price action analysis of Adani Energy ( (ADANIENSOL) ) 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 Adani Energy stock for short term is BUY. Signal strength is Weak and stock is gaining momentum.

MACD generated a BUY signal for Adani 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.

Adani 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 tired and bears are picking up momentum.

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

CCI has generated a buy signal for Adani Energy in short term and BUY signal is strong.

RSI is generating a BUY signal in short term but buying is losing momentum.

MRSI is in positive zone. This is a BUY zone

Although the stock is in the BUY zone, but buying might be slowing down

Stock of Adani 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 1057.97 and Adani Energy (ADANIENSOL) 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 Adani Energy (ADANIENSOL) stock. Volume based technical analysis of Adani Energy (ADANIENSOL) stock is negative.

Adani 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.