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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 4563

Date Daily Closing Price Open High Low Volume
16 Thu May 2024 23.36 23.36 23.36 23.36 0.528 times
15 Wed May 2024 22.91 22.91 22.91 22.91 0.93 times
14 Tue May 2024 22.47 22.03 22.47 22.03 0.787 times
13 Mon May 2024 22.03 22.03 22.03 22.03 0.841 times
10 Fri May 2024 21.60 21.60 21.60 21.60 0.643 times

My analysis of stock is bullish for shortterm, and stock might move up till 24.2 or till 26.1. Use a stoploss of 22.68 and if this stock hits its stoploss, then it can fall down till 21.13

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
Upside Target 24.19
Upside Target 24.87
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 22.47
Downside Intraday Target 21.59
Upside Intraday Target 23.8
Upside Intraday Target 24.25
Downside Intraday Target 22.92

Weekly technical analysis of Srm Energy (SrmEnergy)

Date Weekly Closing Price Open High Low Volume
16 Thu May 2024 23.36 22.03 23.36 22.03 0.505 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
19 Fri Apr 2024 25.37 26.93 26.93 25.37 0.263 times

Price has moved up 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
16 Thu May 2024 23.36 21.63 23.36 19.97 0.294 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

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)

Indicator Name Indicator Value Indicator Signal
ADX 49, 45, 4 Buy
MACD -2, -3Buy
Stochastics 100Buy
CCI 140Buy
RSI 55Buy
OBV -9730Sell
VWAP 21Buy
ADL 0Sell
ROC 8Buy
Force Index 0Sell

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 Weak and stock is losing 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 stronger in this stock.

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 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 21.43 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 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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