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

(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 894675

Date	Daily Closing Price	Open	High	Low	Volume
10 Thu Jul 2025	0.58	0.58	0.59	0.57	2.05 times
09 Wed Jul 2025	0.58	0.59	0.60	0.58	1.727 times
08 Tue Jul 2025	0.59	0.60	0.61	0.59	0.89 times
07 Mon Jul 2025	0.60	0.61	0.62	0.59	0.892 times
04 Fri Jul 2025	0.61	0.61	0.62	0.59	0.609 times
03 Thu Jul 2025	0.60	0.61	0.63	0.58	1.493 times
02 Wed Jul 2025	0.61	0.63	0.63	0.60	0.614 times
01 Tue Jul 2025	0.62	0.62	0.63	0.60	0.91 times
30 Mon Jun 2025	0.62	0.61	0.63	0.60	1.319 times
27 Fri Jun 2025	0.60	0.59	0.60	0.58	0.677 times

Stock of Shrenik (SHRENIK) has showed a significant fall. This could be a good time to exit from this stock.

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 0.6, but if it comes above 0.6, then a intra day buy could be more profitable.
If you take a sell trade below 0.6, then use 0.6 as stoploss and 0.5 as target. However if you take a buy trade in stock , then use 0.6 as stoploss and 0.61 as target.

Share price targets for Shrenik (SHRENIK)

Target Type	Value
Downside Target	0.55
Downside Target	0.57
Upside Target	0.61
Upside Target	0.63
Upside Target	0.65
Upside Target	0.69
Upside Target	0.73
Upside Target	0.77
Upside Target	0.78

Intraday share price targets for Shrenik (SHRENIK)

Target Type	Value
Downside Intraday Target	0.56
Downside Intraday Target	0.54
Upside Intraday Target	0.61
Upside Intraday Target	0.64
Upside Intraday Target	0.59

Weekly technical analysis of Shrenik (SHRENIK)

Date	Weekly Closing Price	Open	High	Low	Volume
10 Thu Jul 2025	0.58	0.61	0.62	0.57	1.124 times
04 Fri Jul 2025	0.61	0.61	0.63	0.58	1.016 times
27 Fri Jun 2025	0.60	0.61	0.61	0.57	2.064 times
20 Fri Jun 2025	0.60	0.63	0.63	0.59	0.416 times
17 Thu Apr 2025	0.74	0.77	0.77	0.73	0.473 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
10 Thu Jul 2025	0.58	0.62	0.63	0.57	1.075 times
30 Mon Jun 2025	0.62	0.63	0.63	0.57	0.396 times
17 Thu Apr 2025	0.74	0.58	0.77	0.57	0.601 times
28 Fri Mar 2025	0.57	0.68	0.69	0.55	1.763 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 definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.

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 neutral. A longer time frame might give a better analysis.

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 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 but buying 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 0.6 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 positive

Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.