(SrmEnergy) Srm Energy complete technical analysis [charts+indicators] | Buy/Sell Srm Energy | (SrmEnergy) share price targets
Complete technical analysis of Srm Energy (SrmEnergy) by charts plus indicators, forecast predictions and share price targets for Srm Energy (SrmEnergy)
Showing technical analysis as on 2024-05-09 View latest technical analysis
10 day averaged volume of Srm Energy is 5660
| Date | Daily Closing Price | Open | High | Low | Volume |
| 09 Thu May 2024 | 21.18 | 21.18 | 21.18 | 21.18 | 0.223 times |
| 08 Wed May 2024 | 20.77 | 19.97 | 20.77 | 19.97 | 3.345 times |
| 07 Tue May 2024 | 20.37 | 20.37 | 20.37 | 20.37 | 0.297 times |
| 06 Mon May 2024 | 20.78 | 20.78 | 20.78 | 20.78 | 0.541 times |
| 03 Fri May 2024 | 21.20 | 21.20 | 21.20 | 21.20 | 0.65 times |
| 02 Thu May 2024 | 21.63 | 21.63 | 21.63 | 21.63 | 0.209 times |
| 30 Tue Apr 2024 | 22.07 | 22.07 | 22.07 | 22.07 | 1.636 times |
| 29 Mon Apr 2024 | 22.52 | 22.52 | 22.52 | 22.52 | 0.745 times |
| 26 Fri Apr 2024 | 22.97 | 22.97 | 22.97 | 22.97 | 1.787 times |
| 25 Thu Apr 2024 | 23.43 | 23.43 | 23.43 | 23.43 | 0.203 times |
My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 21.4, but if it comes above 21.4, then a intra day buy could be more profitable.
If you take a sell trade below 21.4, then use 21.4 as stoploss and 18.5 as target. However if you take a buy trade in stock , then use 21.4 as stoploss and 23.84 as target.
Share price targets for Srm Energy (SrmEnergy)
| Target Type | Value |
| Downside Target | 16.03 |
| Downside Target | 19.97 |
| Downside Target | 21.01 |
| Upside Target | 21.63 |
| Upside Target | 22.52 |
| Upside Target | 22.97 |
| Upside Target | 24.19 |
| Upside Target | 25.37 |
| Upside Target | 25.62 |
| Upside Target | 26.93 |
| Upside Target | 28.03 |
| Upside Target | 36.54 |
| Upside Target | 39.54 |
Intraday share price targets for Srm Energy (SrmEnergy)
| Target Type | Value |
| Downside Intraday Target | 20.37 |
| Downside Intraday Target | 19.57 |
| Upside Intraday Target | 21.58 |
| Upside Intraday Target | 21.99 |
| Downside Intraday Target | 20.78 |
Weekly technical analysis of Srm Energy (SrmEnergy)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 09 Thu May 2024 | 21.18 | 20.78 | 21.18 | 19.97 | 1.36 times |
| 03 Fri May 2024 | 21.20 | 22.52 | 22.52 | 21.20 | 0.997 times |
| 26 Fri Apr 2024 | 22.97 | 24.87 | 24.87 | 22.97 | 1.932 times |
| 19 Fri Apr 2024 | 25.37 | 26.93 | 26.93 | 25.37 | 0.263 times |
| 12 Fri Apr 2024 | 27.47 | 25.43 | 28.03 | 25.43 | 0.446 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 Srm Energy (SrmEnergy)
| Date | Monthly Closing Price | Open | High | Low | Volume |
| 09 Thu May 2024 | 21.18 | 21.63 | 21.63 | 19.97 | 0.187 times |
| 30 Tue Apr 2024 | 22.07 | 24.34 | 28.03 | 21.01 | 2.376 times |
| 28 Thu Mar 2024 | 25.62 | 37.27 | 39.54 | 25.62 | 0.23 times |
| 29 Thu Feb 2024 | 36.54 | 24.67 | 36.54 | 24.67 | 1.876 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 Srm Energy (SrmEnergy)
Price action analysis of Srm Energy ( (SrmEnergy) ) based on a short term time period is neutral. A longer time frame might give a better analysis.
Price action analysis of Srm Energy ( (SrmEnergy) ) based on a short term time period is neutral. A longer time frame might give a better analysis.
Price action analysis of Srm Energy ( (SrmEnergy) ) based on a short to mid term time period is neutral. A longer time frame might give a better analysis.
Price action analysis of Srm Energy ( (SrmEnergy) ) 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 Srm Energy stock for short term is SELL. Signal strength is Strong and stock is losing momentum.
MACD generated a SELL signal for Srm Energy in short term and the sell signal is strong.
MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.
Srm Energy Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are weakening, and bulls are picking up momentum!
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 Srm Energy 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 positive zone. This is a BUY zone
Although the stock is in the BUY zone, but buying might be slowing down
Stock of Srm 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 21.64 and Srm Energy (SrmEnergy) 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 Srm Energy (SrmEnergy) stock. Volume based technical analysis of Srm Energy (SrmEnergy) stock is negative.
Srm Energy 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.
Price action analysis of Srm Energy ( (SrmEnergy) ) based on a short term time period is neutral. A longer time frame might give a better analysis.
Price action analysis of Srm Energy ( (SrmEnergy) ) based on a short term time period is neutral. A longer time frame might give a better analysis.
Price action analysis of Srm Energy ( (SrmEnergy) ) based on a short to mid term time period is neutral. A longer time frame might give a better analysis.
Price action analysis of Srm Energy ( (SrmEnergy) ) 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 Srm Energy stock for short term is SELL. Signal strength is Strong and stock is losing momentum.
MACD generated a SELL signal for Srm Energy in short term and the sell signal is strong.
MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.
Srm Energy Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are weakening, and bulls are picking up momentum!
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 Srm Energy 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 positive zone. This is a BUY zone
Although the stock is in the BUY zone, but buying might be slowing down
Stock of Srm 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 21.64 and Srm Energy (SrmEnergy) 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 Srm Energy (SrmEnergy) stock. Volume based technical analysis of Srm Energy (SrmEnergy) stock is negative.
Srm Energy 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.
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