(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)
Showing technical analysis as on 2024-03-26 View latest technical analysis
10 day averaged volume of Shrenik is 13852764
Date | Daily Closing Price | Open | High | Low | Volume |
26 Tue Mar 2024 | 0.95 | 0.95 | 1.00 | 0.90 | 0.255 times |
22 Fri Mar 2024 | 0.95 | 0.90 | 1.00 | 0.90 | 0.253 times |
21 Thu Mar 2024 | 0.95 | 1.05 | 1.05 | 0.95 | 1.071 times |
20 Wed Mar 2024 | 1.05 | 1.15 | 1.20 | 1.05 | 0.29 times |
19 Tue Mar 2024 | 1.15 | 1.15 | 1.15 | 1.05 | 0.155 times |
18 Mon Mar 2024 | 1.10 | 1.00 | 1.10 | 0.95 | 0.631 times |
15 Fri Dec 2023 | 1.45 | 1.45 | 1.50 | 1.45 | 0.367 times |
14 Thu Dec 2023 | 1.45 | 1.55 | 1.55 | 1.40 | 0.554 times |
13 Wed Dec 2023 | 1.50 | 1.65 | 1.70 | 1.40 | 2.027 times |
12 Tue Dec 2023 | 1.55 | 1.50 | 1.55 | 1.45 | 2.051 times |
My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 1, but if it comes above 1, then a intra day buy could be more profitable.
If you take a sell trade below 1, then use 1 as stoploss and 0.7 as target. However if you take a buy trade in stock , then use 1 as stoploss and 1.14 as target.
Share price targets for Shrenik (SHRENIK)
Target Type | Value |
Downside Target | 0.90 |
Downside Target | 0.95 |
Upside Target | 1.00 |
Upside Target | 1.10 |
Upside Target | 1.15 |
Upside Target | 1.20 |
Upside Target | 1.25 |
Upside Target | 1.70 |
Intraday share price targets for Shrenik (SHRENIK)
Target Type | Value |
Downside Intraday Target | 0.9 |
Downside Intraday Target | 0.85 |
Upside Intraday Target | 1 |
Upside Intraday Target | 1.05 |
Downside Intraday Target | 0.95 |
Weekly technical analysis of Shrenik (SHRENIK)
Date | Weekly Closing Price | Open | High | Low | Volume |
26 Tue Mar 2024 | 0.95 | 0.95 | 1.00 | 0.90 | 0.106 times |
22 Fri Mar 2024 | 0.95 | 1.00 | 1.20 | 0.90 | 0.316 times |
15 Fri Dec 2023 | 1.45 | 1.15 | 1.70 | 1.10 | 4.81 times |
08 Fri Dec 2023 | 1.10 | 1.10 | 1.15 | 1.00 | 1.29 times |
01 Fri Dec 2023 | 1.05 | 1.05 | 1.10 | 0.95 | 1.31 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 |
26 Tue Mar 2024 | 0.95 | 1.00 | 1.20 | 0.90 | 0.272 times |
15 Fri Dec 2023 | 1.45 | 1.00 | 1.70 | 1.00 | 2.953 times |
30 Thu Nov 2023 | 1.00 | 1.00 | 1.15 | 0.90 | 1.066 times |
31 Tue Oct 2023 | 0.95 | 1.00 | 1.10 | 0.90 | 0.608 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 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 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) ) based on a mid to longer 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.
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 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
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 1.34 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 negative.
Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.
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 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 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) ) based on a mid to longer 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.
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 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
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 1.34 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 negative.
Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.
Click here for further forecast and predictions for tomorrow
Daily charts
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