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(SHRENIK_BE) Shrenik complete technical analysis [charts+indicators] | Buy/Sell Shrenik | (SHRENIK_BE) share price targets

Complete technical analysis of Shrenik (SHRENIK_BE) by charts plus indicators, forecast predictions and share price targets for Shrenik (SHRENIK_BE)

Showing technical analysis as on 2024-11-26 View latest technical analysis

10 day averaged volume of Shrenik is 959787

Date	Daily Closing Price	Open	High	Low	Volume
26 Tue Nov 2024	0.70	0.69	0.70	0.69	0.478 times
25 Mon Nov 2024	0.69	0.67	0.69	0.67	1.203 times
22 Fri Nov 2024	0.69	0.67	0.69	0.67	1.614 times
21 Thu Nov 2024	0.69	0.71	0.71	0.68	1.153 times
19 Tue Nov 2024	0.70	0.72	0.73	0.70	2.03 times
18 Mon Nov 2024	0.72	0.72	0.72	0.72	1.156 times
14 Thu Nov 2024	0.72	0.72	0.72	0.72	0.586 times
13 Wed Nov 2024	0.74	0.74	0.74	0.74	0.447 times
12 Tue Nov 2024	0.76	0.76	0.76	0.76	0.611 times
11 Mon Nov 2024	0.78	0.78	0.78	0.78	0.813 times

Share price targets for Shrenik (SHRENIK_BE)

Target Type	Value
Downside Target	0.66
Downside Target	0.70
Upside Target	0.72
Upside Target	0.76
Upside Target	0.78
Upside Target	0.84
Upside Target	0.90
Upside Target	1.06
Upside Target	1.25

Intraday share price targets for Shrenik (SHRENIK_BE)

Target Type	Value
Downside Intraday Target	0.68
Downside Intraday Target	0.66
Upside Intraday Target	0.71
Upside Intraday Target	0.72
Downside Intraday Target	0.69

Weekly technical analysis of Shrenik (SHRENIK_BE)

Date	Weekly Closing Price	Open	High	Low	Volume
26 Tue Nov 2024	0.70	0.67	0.70	0.67	0.282 times
22 Fri Nov 2024	0.69	0.72	0.73	0.67	2.423 times
14 Thu Nov 2024	0.72	0.78	0.78	0.72	0.283 times
08 Fri Nov 2024	0.80	0.77	0.84	0.74	0.882 times
01 Fri Nov 2024	0.74	0.72	0.75	0.66	1.457 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_BE)

Date	Monthly Closing Price	Open	High	Low	Volume
26 Tue Nov 2024	0.70	0.75	0.84	0.67	0.626 times
31 Thu Oct 2024	0.72	0.76	0.90	0.66	2.125 times
30 Mon Sep 2024	0.76	0.90	0.90	0.76	0.839 times
30 Fri Aug 2024	0.92	0.74	1.06	0.70	1.363 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_BE)

Price action analysis of Shrenik ( (SHRENIK_BE) ) based on a short term time period is neutral. A longer time frame might give a better analysis.

Price action analysis of Shrenik ( (SHRENIK_BE) ) 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_BE) ) 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_BE) ) 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 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 BUY signal in short term but buying is losing 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 0.71 and Shrenik (SHRENIK_BE) 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_BE) stock. Volume based technical analysis of Shrenik (SHRENIK_BE) 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.