(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 2024-05-28 View latest technical analysis
10 day averaged volume of Srm Energy is 16630
| Date | Daily Closing Price | Open | High | Low | Volume |
| 28 Tue May 2024 | 22.52 | 23.70 | 23.70 | 22.52 | 0.84 times |
| 27 Mon May 2024 | 23.70 | 23.65 | 26.13 | 23.65 | 2.586 times |
| 24 Fri May 2024 | 24.89 | 26.20 | 26.20 | 24.89 | 0.558 times |
| 23 Thu May 2024 | 26.20 | 27.57 | 27.57 | 26.20 | 1.3 times |
| 22 Wed May 2024 | 27.57 | 27.48 | 27.57 | 24.95 | 3.095 times |
| 21 Tue May 2024 | 26.26 | 26.15 | 26.26 | 26.15 | 1.101 times |
| 18 Sat May 2024 | 25.01 | 23.84 | 25.01 | 23.84 | 0.066 times |
| 17 Fri May 2024 | 23.82 | 23.82 | 23.82 | 23.36 | 0.678 times |
| 16 Thu May 2024 | 23.36 | 23.36 | 23.36 | 23.36 | 0.145 times |
| 15 Wed May 2024 | 22.91 | 22.91 | 22.91 | 22.91 | 0.255 times |
My analysis of stock is bearish for shortterm, and stock might move down till 21 or till 18.6. Use a stoploss of 23.02 and if the stock hits stoploss, then it can shoot up till 25.02
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 |
| Upside Target | 24.19 |
| Upside Target | 25.62 |
| Upside Target | 26.13 |
| Upside 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 | 21.32 |
| Downside Intraday Target | 20.11 |
| Upside Intraday Target | 24.93 |
| Upside Intraday Target | 27.33 |
| Upside Intraday Target | 23.72 |
Weekly technical analysis of Srm Energy (SrmEnergy)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 28 Tue May 2024 | 22.52 | 23.65 | 26.13 | 22.52 | 0.566 times |
| 24 Fri May 2024 | 24.89 | 26.15 | 27.57 | 24.89 | 3.807 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 |
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 |
| 28 Tue May 2024 | 22.52 | 21.63 | 27.57 | 19.97 | 1.364 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 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 Srm Energy ( (SrmEnergy) ) 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 Srm Energy ( (SrmEnergy) ) 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 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 Weak and stock is gaining momentum.
MACD generated a BUY signal for Srm Energy in short term but the buy signal is initial and weak.
Srm 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 red color and prices are below the red cloud Prices appear to be coming down
CCI has generated a SELL signal for Srm 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 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 25.36 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 is giving positive 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 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 Srm Energy ( (SrmEnergy) ) 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 Srm Energy ( (SrmEnergy) ) 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 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 Weak and stock is gaining momentum.
MACD generated a BUY signal for Srm Energy in short term but the buy signal is initial and weak.
Srm 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 red color and prices are below the red cloud Prices appear to be coming down
CCI has generated a SELL signal for Srm 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 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 25.36 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 is giving positive 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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