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

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

Showing technical analysis as on 2024-05-07 View latest technical analysis

10 day averaged volume of Suzlon Energy is 26083111

Date	Daily Closing Price	Open	High	Low	Volume
07 Tue May 2024	39.75	40.75	40.80	39.00	1.067 times
06 Mon May 2024	40.80	42.00	42.00	40.40	0.661 times
03 Fri May 2024	41.35	42.00	42.30	41.05	0.91 times
02 Thu May 2024	41.70	41.60	42.05	41.05	1.209 times
30 Tue Apr 2024	41.60	41.95	42.10	41.00	1.169 times
29 Mon Apr 2024	41.60	41.85	42.00	41.40	0.683 times
26 Fri Apr 2024	41.65	42.05	42.15	41.25	0.698 times
25 Thu Apr 2024	42.15	42.20	42.30	41.25	0.877 times
19 Fri Apr 2024	39.35	40.45	40.70	39.10	2.072 times
18 Thu Apr 2024	41.15	41.00	41.70	40.70	0.917 times

Although my analysis for stock is bearish for shortterm, but stock is in heavy over sold zones and there are high chances of some recovery tomorrow. You might want to buy the stock tomorrow in intra day with a stoploss of 39.3, for a target of 40.5 or 41.53

Share price targets for Suzlon Energy (SUZLON_BE)

Target Type	Value
Downside Target	35.50
Downside Target	37.10
Downside Target	38.40
Upside Target	40.80
Upside Target	42.30
Upside Target	43.15
Upside Target	44.60
Upside Target	45.40
Upside Target	46.00
Upside Target	47.70

Intraday share price targets for Suzlon Energy (SUZLON_BE)

Target Type	Value
Downside Intraday Target	38.5
Downside Intraday Target	37.25
Upside Intraday Target	41.5
Upside Intraday Target	43.25
Upside Intraday Target	40.25

Weekly technical analysis of Suzlon Energy (SUZLON_BE)

Date	Weekly Closing Price	Open	High	Low	Volume
07 Tue May 2024	39.75	42.00	42.00	39.00	0.435 times
03 Fri May 2024	41.35	41.85	42.30	41.00	2.522 times
26 Fri Apr 2024	41.65	42.20	42.30	41.25	0.301 times
19 Fri Apr 2024	39.35	40.05	41.70	39.10	1.282 times
12 Fri Apr 2024	42.15	43.15	43.15	40.80	0.77 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 Suzlon Energy (SUZLON_BE)

Date	Monthly Closing Price	Open	High	Low	Volume
07 Tue May 2024	39.75	41.60	42.30	39.00	0.213 times
30 Tue Apr 2024	41.60	39.95	44.60	38.40	0.544 times
28 Thu Mar 2024	40.40	45.60	46.00	35.50	2.477 times
29 Thu Feb 2024	45.25	47.70	47.70	41.05	0.593 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 Suzlon Energy (SUZLON_BE)

Price action analysis of Suzlon Energy ( (SUZLON_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 Suzlon Energy ( (SUZLON_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 Suzlon Energy ( (SUZLON_BE) ) based on a mid to longer 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

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

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

Suzlon 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. 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 Suzlon 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 positive zone. This is a BUY zone

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

Stock of Suzlon 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 40.9 and Suzlon Energy (SUZLON_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 Suzlon Energy (SUZLON_BE) stock. Volume based technical analysis of Suzlon Energy (SUZLON_BE) stock is negative.

Suzlon 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.