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(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)

10 day averaged volume of Srm Energy is 3979

Date Daily Closing Price Open High Low Volume
25 Thu Apr 2024 23.43 23.43 23.43 23.43 0.289 times
24 Wed Apr 2024 23.90 23.90 23.90 23.90 0.837 times
23 Tue Apr 2024 24.38 24.38 24.38 24.38 0.518 times
22 Mon Apr 2024 24.87 24.87 24.87 24.87 0.438 times
19 Fri Apr 2024 25.37 25.37 25.37 25.37 0.345 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 23.6, but if it comes above 23.6, then a intra day buy could be more profitable.
If you take a sell trade below 23.6, then use 23.6 as stoploss and 21.5 as target. However if you take a buy trade in stock , then use 23.6 as stoploss and 25.32 as target.

Share price targets for Srm Energy (SrmEnergy)

Target Type Value
Downside Target 10.88
Downside Target 15.72
Downside Target 21.01
Downside Target 23.43
Upside Target 24.19
Upside Target 25.37
Upside Target 25.62
Upside Target 26.93
Upside Target 28.03
Upside Target 28.37
Upside Target 36.54
Upside Target 39.54

Intraday share price targets for Srm Energy (SrmEnergy)

Target Type Value
Downside Intraday Target 22.95
Downside Intraday Target 22.47
Upside Intraday Target 24.39
Upside Intraday Target 25.35
Upside Intraday Target 23.91

Weekly technical analysis of Srm Energy (SrmEnergy)

Date Weekly Closing Price Open High Low Volume
25 Thu Apr 2024 23.43 24.87 24.87 23.43 0.87 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
05 Fri Apr 2024 24.22 24.34 24.34 21.01 17.954 times
28 Thu Mar 2024 25.62 28.37 28.37 25.62 1.468 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
25 Thu Apr 2024 23.43 24.34 28.03 21.01 2.024 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
31 Wed Jan 2024 24.19 16.03 24.19 16.03 4.635 times

Price has moved down this month, and volume has increased substantially. This means that the move can continue in coming months.

Indicators analysis of Srm Energy (SrmEnergy)

Indicator Name Indicator Value Indicator Signal
ADX 29, 69, 41 Sell
MACD -2, -2Sell
Stochastics 0Sell
CCI -117Sell
RSI 57Buy
OBV -10392Sell
VWAP 27Sell
ADL 0Sell
ROC -12Sell
Force Index 0Sell

Price action analysis of Srm Energy ( (SrmEnergy) ) based on a short term time period is

Price action analysis of Srm Energy ( (SrmEnergy) ) based on a short term time period is

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 SELL. Signal strength is Strong and stock is gaining momentum.

MACD generated a SELL signal for Srm Energy in short term and the sell signal is strong.

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 in or above 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 and the buying is gaining momentum.

MRSI is in negative zone. This is the SELL zone

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 26.7 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.

Click here for Srm Energy charts

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