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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 2025-06-09 View latest technical analysis

10 day averaged volume of Shrenik is 871389

Date	Daily Closing Price	Open	High	Low	Volume
09 Mon Jun 2025	0.62	0.63	0.64	0.61	0.675 times
06 Fri Jun 2025	0.62	0.63	0.64	0.61	0.481 times
05 Thu Jun 2025	0.62	0.62	0.63	0.61	0.813 times
04 Wed Jun 2025	0.60	0.62	0.62	0.60	0.652 times
03 Tue Jun 2025	0.60	0.61	0.62	0.60	0.502 times
02 Mon Jun 2025	0.61	0.61	0.62	0.60	0.632 times
30 Fri May 2025	0.61	0.61	0.63	0.60	1.182 times
29 Thu May 2025	0.62	0.61	0.65	0.59	1.906 times
28 Wed May 2025	0.63	0.62	0.64	0.60	1.102 times
27 Tue May 2025	0.63	0.65	0.65	0.60	2.179 times

My analysis of stock is bearish for shortterm, and stock might move down till 0.6 or till 0.6. Use a stoploss of 0.63 and if the stock hits stoploss, then it can shoot up till 0.65

Share price targets for Shrenik (SHRENIK_BE)

Target Type	Value
Downside Target	0.57
Downside Target	0.59
Upside Target	0.64
Upside Target	0.66
Upside Target	0.67
Upside Target	0.68
Upside Target	0.73
Upside Target	0.77
Upside Target	0.84
Upside Target	0.92

Intraday share price targets for Shrenik (SHRENIK_BE)

Target Type	Value
Downside Intraday Target	0.61
Downside Intraday Target	0.59
Upside Intraday Target	0.64
Upside Intraday Target	0.65
Upside Intraday Target	0.62

Weekly technical analysis of Shrenik (SHRENIK_BE)

Date	Weekly Closing Price	Open	High	Low	Volume
09 Mon Jun 2025	0.62	0.63	0.64	0.61	0.219 times
06 Fri Jun 2025	0.62	0.61	0.64	0.60	0.445 times
30 Fri May 2025	0.61	0.66	0.66	0.59	2.254 times
23 Fri May 2025	0.66	0.66	0.68	0.62	0.816 times
16 Fri May 2025	0.65	0.60	0.66	0.60	1.044 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_BE)

Date	Monthly Closing Price	Open	High	Low	Volume
09 Mon Jun 2025	0.62	0.61	0.64	0.60	0.209 times
30 Fri May 2025	0.61	0.68	0.68	0.57	2.601 times
30 Wed Apr 2025	0.66	0.77	0.77	0.64	0.311 times
27 Fri Dec 2024	0.80	0.73	0.92	0.73	0.922 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 positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.

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 to mid 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 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 weakening, and bulls are picking up momentum!

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 BUY signal in short term but buying is losing momentum.

MRSI is in positive zone. This is a BUY zone

Although the stock is in the BUY zone, but buying 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 0.62 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.