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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 1595187

Date Daily Closing Price Open High Low Volume
26 Fri Apr 2024 0.95 0.95 1.00 0.95 0.539 times
25 Thu Apr 2024 0.95 1.00 1.00 0.95 0.794 times
24 Wed Apr 2024 0.95 1.00 1.00 0.95 0.79 times
23 Tue Apr 2024 0.95 0.95 1.00 0.95 1.001 times
22 Mon Apr 2024 1.00 0.95 1.00 0.95 0.74 times
19 Fri Apr 2024 0.95 0.95 1.00 0.95 1.49 times
18 Thu Apr 2024 1.00 1.00 1.00 0.95 1.026 times
16 Tue Apr 2024 0.95 1.00 1.00 0.90 1.941 times
15 Mon Apr 2024 0.95 1.00 1.00 0.95 0.654 times
12 Fri Apr 2024 1.00 1.00 1.00 0.95 0.892 times

My analysis of stock is bearish for shortterm, and stock might move down till 0.9 or till 0.9. Use a stoploss of 0.97 and if the stock hits stoploss, then it can shoot up till 1

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
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
28 Thu Mar 2024 0.90 0.95 1.00 0.90 0.25 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
26 Fri Apr 2024 0.95 0.95 1.00 0.90 0.672 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 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.

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.

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

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

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.

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

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

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Daily charts

Daily Technical Analysis Weekly Analysis Monthly Analysis Renko chart MACD chart Bollinger Bands chart Stochastics charts Force Index charts

Daily chart
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