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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)

10 day averaged volume of Shrenik is 571275

Date	Daily Closing Price	Open	High	Low	Volume
27 Tue May 2025	0.63	0.65	0.65	0.60	3.324 times
26 Mon May 2025	0.64	0.66	0.66	0.64	0.839 times
23 Fri May 2025	0.66	0.62	0.67	0.62	0.814 times
22 Thu May 2025	0.65	0.66	0.67	0.65	0.854 times
21 Wed May 2025	0.66	0.66	0.67	0.66	0.579 times
20 Tue May 2025	0.65	0.67	0.68	0.65	1.018 times
19 Mon May 2025	0.66	0.66	0.67	0.65	1.418 times
16 Fri May 2025	0.65	0.65	0.66	0.64	1.181 times
15 Thu May 2025	0.64	0.65	0.65	0.63	0.884 times
14 Wed May 2025	0.65	0.65	0.66	0.63	0.827 times

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

My analysis of stock is bearish for shortterm, and stock might move down till 0.6 or till 0.6. Use a stoploss of 0.64 and if the stock hits stoploss, then it can shoot up till 0.66

Share price targets for Shrenik (SHRENIK_BE)

Target Type	Value
Downside Target	0.57
Downside Target	0.60
Downside Target	0.62
Upside Target	0.64
Upside Target	0.66
Upside Target	0.68
Upside Target	0.71
Upside Target	0.73
Upside Target	0.77
Upside Target	0.84
Upside Target	0.90
Upside Target	0.92

Intraday share price targets for Shrenik (SHRENIK_BE)

Target Type	Value
Downside Intraday Target	0.6
Downside Intraday Target	0.57
Upside Intraday Target	0.66
Upside Intraday Target	0.69
Downside Intraday Target	0.63

Weekly technical analysis of Shrenik (SHRENIK_BE)

Date	Weekly Closing Price	Open	High	Low	Volume
27 Tue May 2025	0.63	0.66	0.66	0.60	0.889 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
09 Fri May 2025	0.60	0.64	0.64	0.57	1.456 times
02 Fri May 2025	0.64	0.70	0.71	0.64	0.489 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
27 Tue May 2025	0.63	0.68	0.68	0.57	1.995 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
29 Fri Nov 2024	0.73	0.75	0.84	0.67	0.672 times

Scroll below to view daily charts

Price has moved down this month, and volume has increased substantially. This means that the move can 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 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 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 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 SELL signal in short term but selling 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 0.65 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.