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(SHRENIK) Shrenik complete technical analysis [charts+indicators] | Buy/Sell Shrenik | (SHRENIK) share price targets

Complete technical analysis of Shrenik (SHRENIK) by charts plus indicators, forecast predictions and share price targets for Shrenik (SHRENIK)

10 day averaged volume of Shrenik is 1573937

Date	Daily Closing Price	Open	High	Low	Volume
03 Fri May 2024	1.00	0.95	1.00	0.90	2.071 times
02 Thu May 2024	0.95	1.00	1.00	0.90	2.142 times
30 Tue Apr 2024	0.95	1.00	1.00	0.95	0.614 times
29 Mon Apr 2024	0.95	1.00	1.00	0.95	0.778 times
26 Fri Apr 2024	0.95	0.95	1.00	0.95	0.546 times
25 Thu Apr 2024	0.95	1.00	1.00	0.95	0.805 times
24 Wed Apr 2024	0.95	1.00	1.00	0.95	0.801 times
23 Tue Apr 2024	0.95	0.95	1.00	0.95	1.014 times
22 Mon Apr 2024	1.00	0.95	1.00	0.95	0.75 times
19 Fri Apr 2024	0.95	0.95	1.00	0.95	1.51 times

Stock of Shrenik (SHRENIK) has showed a significant upmove. This could be a good time to enter in this stock!

Share price targets for Shrenik (SHRENIK)

Target Type	Value
Downside Target	0.90
Downside Target	0.95
Downside Target	1.00
Upside Target	1.15
Upside Target	1.20
Upside Target	1.70

Intraday share price targets for Shrenik (SHRENIK)

Target Type	Value
Downside Intraday Target	0.93
Downside Intraday Target	0.87
Upside Intraday Target	1.03
Upside Intraday Target	1.07
Downside Intraday Target	0.97

Weekly technical analysis of Shrenik (SHRENIK)

Date	Weekly Closing Price	Open	High	Low	Volume
03 Fri May 2024	1.00	1.00	1.00	0.90	1.431 times
26 Fri Apr 2024	0.95	0.95	1.00	0.95	0.756 times
19 Fri Apr 2024	0.95	1.00	1.00	0.90	1.653 times
12 Fri Apr 2024	1.00	1.00	1.00	0.95	0.568 times
05 Fri Apr 2024	1.00	0.95	1.00	0.90	1.044 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 Shrenik (SHRENIK)

Date	Monthly Closing Price	Open	High	Low	Volume
03 Fri May 2024	1.00	1.00	1.00	0.90	0.22 times
30 Tue Apr 2024	0.95	0.95	1.00	0.90	0.725 times
28 Thu Mar 2024	0.90	1.00	1.20	0.90	0.307 times
15 Fri Dec 2023	1.45	1.00	1.70	1.00	2.953 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 Shrenik (SHRENIK)

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

Price action analysis of Shrenik ( (SHRENIK) ) based on a short to mid term time period is neutral. A longer time frame might give a better analysis.

Price action analysis of Shrenik ( (SHRENIK) ) 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 Shrenik stock for short term is SELL. Signal strength is Weak and stock is losing momentum.

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

MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.

Shrenik Stock in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. 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 Shrenik in short term and BUY signal is strong.

RSI is generating a SELL signal in short term and selling is picking up momentum.

MRSI is in negative zone. This is the SELL zone

Although the stock is in the SELL zone, but selling might be slowing down

Stock of Shrenik is picking up selling momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 0.96 and Shrenik (SHRENIK) stock is trading above this level. This is a good sign for the stock and it could move higher. VWAP is falling down

People seem to be coming out and selling the Shrenik (SHRENIK) stock. Volume based technical analysis of Shrenik (SHRENIK) stock is negative.

Shrenik 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.