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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 2024-08-29 View latest technical analysis

10 day averaged volume of Solex Energy is 15660

Date	Daily Closing Price	Open	High	Low	Volume
29 Thu Aug 2024	1599.20	1697.00	1697.00	1533.05	2.414 times
28 Wed Aug 2024	1667.75	1724.00	1729.85	1660.00	0.792 times
27 Tue Aug 2024	1717.50	1703.00	1744.95	1650.00	1.034 times
26 Mon Aug 2024	1732.30	1762.05	1766.00	1725.00	0.843 times
23 Fri Aug 2024	1778.40	1806.00	1806.00	1773.05	0.345 times
22 Thu Aug 2024	1817.75	1855.50	1875.00	1806.00	0.932 times
21 Wed Aug 2024	1853.30	1773.00	1899.75	1730.05	3.308 times
20 Tue Aug 2024	1727.05	1794.00	1795.05	1714.00	0.664 times
19 Mon Aug 2024	1756.45	1780.00	1799.90	1745.00	0.856 times
16 Fri Aug 2024	1769.30	1805.00	1845.90	1761.60	0.536 times

Stock of Solex Energy (SOLEX_SM) has showed a significant fall. This could be a good time to exit from this stock.

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 1586.4 as stoploss in an intra day buy trade for a target of 1698.42. However, stock will show a bearish move below 1586.4.

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	1480.00
Downside Target	1533.05
Upside Target	1638.15
Upside Target	1675.00
Upside Target	1714.00
Upside Target	1766.00
Upside Target	1874.90
Upside Target	1899.75
Upside Target	1919.10

Intraday share price targets for Solex Energy (SOLEX_SM)

Target Type	Value
Downside Intraday Target	1499.5
Downside Intraday Target	1399.8
Upside Intraday Target	1732.45
Upside Intraday Target	1865.7
Upside Intraday Target	1632.75

Weekly technical analysis of Solex Energy (SOLEX_SM)

Date	Weekly Closing Price	Open	High	Low	Volume
29 Thu Aug 2024	1599.20	1762.05	1766.00	1533.05	0.833 times
23 Fri Aug 2024	1778.40	1780.00	1899.75	1714.00	1.216 times
16 Fri Aug 2024	1769.30	1825.00	1874.90	1680.00	0.298 times
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

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 Solex Energy (SOLEX_SM)

Date	Monthly Closing Price	Open	High	Low	Volume
29 Thu Aug 2024	1599.20	1562.00	1919.10	1480.00	0.814 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 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 Solex Energy ( (SOLEX_SM) ) based on a short to mid term time period is negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this stock.

Price action analysis of Solex Energy ( (SOLEX_SM) ) based on a mid to longer 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.

ADX buy sell signal for Solex Energy stock for short term is SELL. Signal strength is Strong and stock is gaining momentum.

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

Solex Energy 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 green color and prices are in or below the green cloud Prices appear to be coming down

CCI has generated a SELL signal for Solex Energy in short term and SELL signal is strong!

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 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 1744.68 and Solex Energy (SOLEX_SM) 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 Solex Energy (SOLEX_SM) stock. Volume based technical analysis of Solex Energy (SOLEX_SM) stock is negative.

Solex Energy 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.