(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 2024-05-22 View latest technical analysis
10 day averaged volume of Srm Energy is 6789
| Date | Daily Closing Price | Open | High | Low | Volume |
| 22 Wed May 2024 | 27.57 | 27.48 | 27.57 | 24.95 | 7.582 times |
| 21 Tue May 2024 | 26.26 | 26.15 | 26.26 | 26.15 | 2.697 times |
| 18 Sat May 2024 | 25.01 | 23.84 | 25.01 | 23.84 | 0.161 times |
| 17 Fri May 2024 | 23.82 | 23.82 | 23.82 | 23.36 | 1.66 times |
| 16 Thu May 2024 | 23.36 | 23.36 | 23.36 | 23.36 | 0.355 times |
| 15 Wed May 2024 | 22.91 | 22.91 | 22.91 | 22.91 | 0.625 times |
| 14 Tue May 2024 | 22.47 | 22.03 | 22.47 | 22.03 | 0.529 times |
| 13 Mon May 2024 | 22.03 | 22.03 | 22.03 | 22.03 | 0.565 times |
| 10 Fri May 2024 | 21.60 | 21.60 | 21.60 | 21.60 | 0.432 times |
| 09 Thu May 2024 | 21.18 | 21.18 | 21.18 | 21.18 | 0.186 times |
Stock of Srm Energy (SrmEnergy) has showed a significant upmove. This could be a good time to enter in this stock!
Although my analysis for stock is bullish for shortterm, but stock is over bought and there are high chances of some profit booking tomorrow. You might want to sell the stock tomorrow in intra day with a stoploss of 26.8, for a target of 24.6 or 22.79
Share price targets for Srm Energy (SrmEnergy)
| Target Type | Value |
| Downside Target | 16.03 |
| Downside Target | 19.97 |
| Downside Target | 21.01 |
| Downside Target | 22.52 |
| Downside Target | 22.97 |
| Downside Target | 24.19 |
| Downside Target | 25.01 |
| Downside Target | 25.62 |
| Downside Target | 27.57 |
| 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 | 25.82 |
| Downside Intraday Target | 24.08 |
| Upside Intraday Target | 28.44 |
| Upside Intraday Target | 29.32 |
| Downside Intraday Target | 26.7 |
Weekly technical analysis of Srm Energy (SrmEnergy)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 22 Wed May 2024 | 27.57 | 26.15 | 27.57 | 24.95 | 2.639 times |
| 18 Sat May 2024 | 25.01 | 22.03 | 25.01 | 22.03 | 0.949 times |
| 10 Fri May 2024 | 21.60 | 20.78 | 21.60 | 19.97 | 1.52 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 |
Price has moved up this week, and volume has increased substantially. This means that the move can continue in coming weeks.
Monthly technical analysis of Srm Energy (SrmEnergy)
| Date | Monthly Closing Price | Open | High | Low | Volume |
| 22 Wed May 2024 | 27.57 | 21.63 | 27.57 | 19.97 | 0.811 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 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 Srm Energy (SrmEnergy)
Price action analysis of Srm Energy ( (SrmEnergy) ) 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 Srm Energy ( (SrmEnergy) ) 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 Srm Energy ( (SrmEnergy) ) based on a short to mid 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 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 BUY. Signal strength is Strong and stock is gaining momentum.
MACD generated a BUY signal for Srm Energy in short term but the buy signal is initial and weak.
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 HIGHS, which reflects strong buying momentum in short term! Bulls are getting tired and bears are picking up momentum.
Ichimoku cloud is of red color and prices are in or above the red cloud Prices appear to be moving up
CCI has generated a buy signal for Srm Energy in short term and BUY signal is strong.
RSI is generating a BUY signal in short term and the buying is gaining 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 25.94 and Srm Energy (SrmEnergy) 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 Srm Energy (SrmEnergy) stock. Volume based technical analysis of Srm Energy (SrmEnergy) stock is negative.
Srm 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.
Price action analysis of Srm Energy ( (SrmEnergy) ) 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 Srm Energy ( (SrmEnergy) ) 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 Srm Energy ( (SrmEnergy) ) based on a short to mid 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 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 BUY. Signal strength is Strong and stock is gaining momentum.
MACD generated a BUY signal for Srm Energy in short term but the buy signal is initial and weak.
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 HIGHS, which reflects strong buying momentum in short term! Bulls are getting tired and bears are picking up momentum.
Ichimoku cloud is of red color and prices are in or above the red cloud Prices appear to be moving up
CCI has generated a buy signal for Srm Energy in short term and BUY signal is strong.
RSI is generating a BUY signal in short term and the buying is gaining 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 25.94 and Srm Energy (SrmEnergy) 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 Srm Energy (SrmEnergy) stock. Volume based technical analysis of Srm Energy (SrmEnergy) stock is negative.
Srm 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.
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