(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 2024-05-30 View latest technical analysis
10 day averaged volume of Shrenik is 1394132
Date | Daily Closing Price | Open | High | Low | Volume |
30 Thu May 2024 | 0.90 | 0.95 | 1.00 | 0.90 | 1.051 times |
29 Wed May 2024 | 0.95 | 1.00 | 1.00 | 0.95 | 0.527 times |
28 Tue May 2024 | 0.95 | 1.00 | 1.00 | 0.95 | 0.757 times |
27 Mon May 2024 | 1.00 | 0.95 | 1.00 | 0.90 | 1.362 times |
24 Fri May 2024 | 0.95 | 0.95 | 1.00 | 0.90 | 1.556 times |
23 Thu May 2024 | 0.95 | 1.00 | 1.00 | 0.95 | 0.993 times |
22 Wed May 2024 | 1.00 | 0.95 | 1.00 | 0.90 | 1.247 times |
21 Tue May 2024 | 0.95 | 0.95 | 1.00 | 0.90 | 1.87 times |
18 Sat May 2024 | 0.95 | 0.95 | 1.00 | 0.95 | 0.252 times |
17 Fri May 2024 | 0.95 | 0.95 | 1.00 | 0.95 | 0.877 times |
Although my analysis for stock is bearish for shortterm, but stock is in heavy over sold zones and there are high chances of some recovery tomorrow. You might want to buy the stock tomorrow in intra day with a stoploss of 0.9, for a target of 0.9 or 0.96
Share price targets for Shrenik (SHRENIK)
Target Type | Value |
Downside Target | 0.90 |
Upside 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 | 0.87 |
Downside Intraday Target | 0.83 |
Upside Intraday Target | 0.97 |
Upside Intraday Target | 1.03 |
Upside Intraday Target | 0.93 |
Weekly technical analysis of Shrenik (SHRENIK)
Date | Weekly Closing Price | Open | High | Low | Volume |
30 Thu May 2024 | 0.90 | 0.95 | 1.00 | 0.90 | 0.653 times |
24 Fri May 2024 | 0.95 | 0.95 | 1.00 | 0.90 | 1.386 times |
18 Sat May 2024 | 0.95 | 1.00 | 1.00 | 0.90 | 0.812 times |
10 Fri May 2024 | 0.95 | 1.00 | 1.00 | 0.90 | 0.795 times |
03 Fri May 2024 | 1.00 | 1.00 | 1.00 | 0.90 | 1.431 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 |
30 Thu May 2024 | 0.90 | 1.00 | 1.00 | 0.90 | 1.075 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 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 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 negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this stock.
Price action analysis of Shrenik ( (SHRENIK) ) based on a short to mid term time period is negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this stock.
Price action analysis of Shrenik ( (SHRENIK) ) 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 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 in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. Bears are getting stronger in this stock.
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 BUY signal in short term and the buying is gaining momentum.
MRSI is in positive zone. This is a BUY 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 0.96 and Shrenik (SHRENIK) 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 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 neutral. A longer time frame might give a better analysis.
Price action analysis of Shrenik ( (SHRENIK) ) based on a short term time period is negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this stock.
Price action analysis of Shrenik ( (SHRENIK) ) based on a short to mid term time period is negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this stock.
Price action analysis of Shrenik ( (SHRENIK) ) 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 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 in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. Bears are getting stronger in this stock.
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 BUY signal in short term and the buying is gaining momentum.
MRSI is in positive zone. This is a BUY 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 0.96 and Shrenik (SHRENIK) 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 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.
Click here for further forecast and predictions for tomorrow
Daily charts
COMMODITY Gainers BSE Gainers BSE Losers BSE Scanner CLOSED NEAR HIGH BSE Scanner CLOSED NEAR LOW USA Gainers USA Losers USA Scanner CLOSED NEAR HIGH USA Scanner CLOSED NEAR LOW USA Scanner UPTRENDING USA Scanner DOWNTRENDING
Munafa NEWSTerms of Use Stock Market News! © munafa.org2024 All Rights reserved.