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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 2024-12-26 View latest technical analysis

10 day averaged volume of Shrenik is 1331773

Date	Daily Closing Price	Open	High	Low	Volume
26 Thu Dec 2024	0.80	0.82	0.82	0.78	0.956 times
24 Tue Dec 2024	0.79	0.78	0.79	0.76	0.612 times
23 Mon Dec 2024	0.76	0.81	0.82	0.75	1.89 times
20 Fri Dec 2024	0.79	0.82	0.84	0.78	0.554 times
19 Thu Dec 2024	0.82	0.86	0.86	0.79	1.035 times
18 Wed Dec 2024	0.84	0.91	0.92	0.84	1.633 times
17 Tue Dec 2024	0.89	0.88	0.89	0.87	1.116 times
16 Mon Dec 2024	0.85	0.85	0.85	0.81	1.777 times
13 Fri Dec 2024	0.81	0.81	0.81	0.81	0.368 times
12 Thu Dec 2024	0.81	0.80	0.81	0.80	0.57 times

Share price targets for Shrenik (SHRENIK_BE)

Target Type	Value
Downside Target	0.66
Downside Target	0.70
Downside Target	0.73
Downside Target	0.75
Upside Target	0.81
Upside Target	0.82
Upside Target	0.84
Upside Target	0.90
Upside Target	0.92
Upside Target	1.06

Intraday share price targets for Shrenik (SHRENIK_BE)

Target Type	Value
Downside Intraday Target	0.76
Downside Intraday Target	0.72
Upside Intraday Target	0.83
Upside Intraday Target	0.86
Downside Intraday Target	0.79

Weekly technical analysis of Shrenik (SHRENIK_BE)

Date	Weekly Closing Price	Open	High	Low	Volume
26 Thu Dec 2024	0.80	0.81	0.82	0.75	0.565 times
20 Fri Dec 2024	0.79	0.85	0.92	0.78	2.637 times
13 Fri Dec 2024	0.81	0.77	0.81	0.77	1.343 times
06 Fri Dec 2024	0.77	0.73	0.77	0.73	0.753 times
29 Fri Nov 2024	0.73	0.67	0.73	0.67	0.534 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 Thu Dec 2024	0.80	0.73	0.92	0.73	0.864 times
29 Fri Nov 2024	0.73	0.75	0.84	0.67	0.672 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

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_BE)

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 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_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 but the sell signal is initial and weak.

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 green color and prices are in or below the green 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 SELL signal in short term and selling is picking up 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 0.82 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 positive

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