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(SOLO) Electrameccanica Vehicles complete technical analysis [charts+indicators] | Buy/Sell Electrameccanica Vehicles | (SOLO) share price targets

Complete technical analysis of Electrameccanica Vehicles (SOLO) by charts plus indicators, forecast predictions and share price targets for Electrameccanica Vehicles (SOLO)

Electrameccanica Vehicles trades in USA in Capital Goods sector.

Showing technical analysis as on 2024-03-12 View latest technical analysis

10 day averaged volume of Electrameccanica Vehicles is 578380

Date	Daily Closing Price	Open	High	Low	Volume
12 Tue Mar 2024	0.23	0.23	0.24	0.23	0.805 times
11 Mon Mar 2024	0.24	0.23	0.24	0.23	0.693 times
08 Fri Mar 2024	0.23	0.23	0.24	0.23	0.852 times
07 Thu Mar 2024	0.23	0.24	0.24	0.23	1.011 times
06 Wed Mar 2024	0.23	0.24	0.25	0.23	0.904 times
05 Tue Mar 2024	0.24	0.24	0.24	0.23	0.716 times
04 Mon Mar 2024	0.24	0.25	0.25	0.23	1.195 times
01 Fri Mar 2024	0.25	0.25	0.26	0.24	1.264 times
29 Thu Feb 2024	0.25	0.26	0.26	0.25	1.099 times
28 Wed Feb 2024	0.26	0.25	0.26	0.24	1.158 times

My analysis of stock is bearish for shortterm, and stock might move down till 0.2 or till 0.2. Use a stoploss of 0.25 and if the stock hits stoploss, then it can shoot up till 0.26

Share price targets for Electrameccanica Vehicles (SOLO)

Target Type	Value
Downside Target	0.21
Downside Target	0.23
Upside Target	0.24
Upside Target	0.25
Upside Target	0.26
Upside Target	0.27
Upside Target	0.28
Upside Target	0.34
Upside Target	0.37
Upside Target	0.41
Upside Target	0.50

Intraday share price targets for Electrameccanica Vehicles (SOLO)

Target Type	Value
Downside Intraday Target	0.23
Downside Intraday Target	0.22
Upside Intraday Target	0.24
Upside Intraday Target	0.24
Upside Intraday Target	0.23

Weekly technical analysis of Electrameccanica Vehicles (SOLO)

Date	Weekly Closing Price	Open	High	Low	Volume
12 Tue Mar 2024	0.23	0.23	0.24	0.23	0.32 times
08 Fri Mar 2024	0.23	0.25	0.25	0.23	0.894 times
01 Fri Mar 2024	0.25	0.26	0.26	0.24	2.031 times
23 Fri Feb 2024	0.26	0.26	0.27	0.25	0.661 times
16 Fri Feb 2024	0.27	0.26	0.27	0.25	1.219 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 Electrameccanica Vehicles (SOLO)

Date	Monthly Closing Price	Open	High	Low	Volume
12 Tue Mar 2024	0.23	0.25	0.26	0.23	0.51 times
29 Thu Feb 2024	0.25	0.28	0.28	0.24	0.529 times
31 Wed Jan 2024	0.27	0.34	0.34	0.21	1.246 times
29 Fri Dec 2023	0.34	0.39	0.41	0.34	1.387 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 Electrameccanica Vehicles (SOLO)

Price action analysis of Electrameccanica Vehicles ( (SOLO) ) based on a short term time period is neutral. A longer time frame might give a better analysis.

Price action analysis of Electrameccanica Vehicles ( (SOLO) ) based on a short to mid 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 Electrameccanica Vehicles ( (SOLO) ) based on a mid to longer 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.

ADX buy sell signal for Electrameccanica Vehicles stock for short term is SELL. Signal strength is Weak and stock is losing momentum.

MACD generated a BUY signal for Electrameccanica Vehicles in short term but the buy signal is initial and weak.

Electrameccanica Vehicles 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 coming down

CCI has generated a SELL signal for Electrameccanica Vehicles 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 positive zone. This is a BUY zone

Stock of Electrameccanica Vehicles is picking up buying momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 0.24 and Electrameccanica Vehicles (SOLO) 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 Electrameccanica Vehicles (SOLO) stock. Volume based technical analysis of Electrameccanica Vehicles (SOLO) stock is negative.

Electrameccanica Vehicles 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.