(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)
Showing technical analysis as on 2024-04-02 View latest technical analysis
10 day averaged volume of Shrenik is 4847427
Date | Daily Closing Price | Open | High | Low | Volume |
02 Tue Apr 2024 | 1.00 | 0.95 | 1.00 | 0.90 | 0.435 times |
01 Mon Apr 2024 | 0.95 | 0.95 | 0.95 | 0.90 | 0.38 times |
28 Thu Mar 2024 | 0.90 | 0.95 | 0.95 | 0.90 | 0.382 times |
27 Wed Mar 2024 | 0.90 | 0.95 | 0.95 | 0.90 | 0.604 times |
26 Tue Mar 2024 | 0.95 | 0.95 | 1.00 | 0.90 | 0.73 times |
22 Fri Mar 2024 | 0.95 | 0.90 | 1.00 | 0.90 | 0.722 times |
21 Thu Mar 2024 | 0.95 | 1.05 | 1.05 | 0.95 | 3.06 times |
20 Wed Mar 2024 | 1.05 | 1.15 | 1.20 | 1.05 | 0.828 times |
19 Tue Mar 2024 | 1.15 | 1.15 | 1.15 | 1.05 | 0.443 times |
18 Mon Mar 2024 | 1.10 | 1.00 | 1.10 | 0.95 | 1.802 times |
My analysis of stock is bearish for shortterm, but stock is semi over sold and there are some chances of seeing a recovery tomorrow. Use 0.9 as stoploss in an intra day buy trade for a target of 1.13. However, stock will show a bearish move below 0.9.
Share price targets for Shrenik (SHRENIK)
Target Type | Value |
Downside Target | 0.90 |
Downside Target | 1.00 |
Upside Target | 1.10 |
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 |
02 Tue Apr 2024 | 1.00 | 0.95 | 1.00 | 0.90 | 0.475 times |
28 Thu Mar 2024 | 0.90 | 0.95 | 1.00 | 0.90 | 0.25 times |
22 Fri Mar 2024 | 0.95 | 1.00 | 1.20 | 0.90 | 0.316 times |
15 Fri Dec 2023 | 1.45 | 1.15 | 1.70 | 1.10 | 4.81 times |
08 Fri Dec 2023 | 1.10 | 1.10 | 1.15 | 1.00 | 1.29 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 |
02 Tue Apr 2024 | 1.00 | 0.95 | 1.00 | 0.90 | 0.095 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 |
30 Thu Nov 2023 | 1.00 | 1.00 | 1.15 | 0.90 | 1.066 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 positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.
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 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 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.
Shrenik 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 moving up
CCI has generated a buy signal for Shrenik in short term but BUY signal is weak.
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 0.99 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.
Price action analysis of Shrenik ( (SHRENIK) ) based on a short term time period is positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.
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 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 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.
Shrenik 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 moving up
CCI has generated a buy signal for Shrenik in short term but BUY signal is weak.
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 0.99 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.
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Daily charts
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