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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)

Showing technical analysis as on 2024-04-15 View latest technical analysis

10 day averaged volume of Shrenik is 1546979

Date Daily Closing Price Open High Low Volume
15 Mon Apr 2024 0.95 1.00 1.00 0.95 0.675 times
12 Fri Apr 2024 1.00 1.00 1.00 0.95 0.92 times
10 Wed Apr 2024 1.00 1.00 1.00 0.95 0.692 times
09 Tue Apr 2024 0.95 0.95 1.00 0.95 0.664 times
08 Mon Apr 2024 0.95 1.00 1.00 0.95 0.913 times
05 Fri Apr 2024 1.00 1.00 1.00 0.95 1.36 times
04 Thu Apr 2024 1.00 1.00 1.00 0.95 0.864 times
03 Wed Apr 2024 1.00 1.00 1.00 0.95 0.835 times
02 Tue Apr 2024 1.00 0.95 1.00 0.90 1.362 times
01 Mon Apr 2024 0.95 0.95 0.95 0.90 1.192 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 1.03. 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 0.95
Upside 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 0.92
Upside Intraday Target 0.98
Upside Intraday Target 1.02
Upside Intraday Target 0.97

Weekly technical analysis of Shrenik (SHRENIK)

Date Weekly Closing Price Open High Low Volume
15 Mon Apr 2024 0.95 1.00 1.00 0.95 0.212 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
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

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 Shrenik (SHRENIK)

Date Monthly Closing Price Open High Low Volume
15 Mon Apr 2024 0.95 0.95 1.00 0.90 0.353 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 neutral. A longer time frame might give a better analysis.

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 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 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 HIGHS, which reflects strong buying momentum in short term! Bulls are getting tired and bears 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 Shrenik in short term and SELL signal is strong!

RSI is generating a SELL signal in short term but selling is losing momentum.

MRSI is in negative zone. This is the SELL zone

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

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 0.98 and Shrenik (SHRENIK) stock is trading below this level. This means that stock is falling with high volumes. VWAP is rising upwards.

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

Shrenik 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.

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 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 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 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 HIGHS, which reflects strong buying momentum in short term! Bulls are getting tired and bears 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 Shrenik in short term and SELL signal is strong!

RSI is generating a SELL signal in short term but selling is losing momentum.

MRSI is in negative zone. This is the SELL zone

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

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 0.98 and Shrenik (SHRENIK) stock is trading below this level. This means that stock is falling with high volumes. VWAP is rising upwards.

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

Shrenik 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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Daily charts

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Daily chart
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