(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 2024-04-16 View latest technical analysis
10 day averaged volume of Shrenik is 1466021
Date | Daily Closing Price | Open | High | Low | Volume |
16 Tue Apr 2024 | 0.95 | 1.00 | 1.00 | 0.90 | 2.112 times |
15 Mon Apr 2024 | 0.95 | 1.00 | 1.00 | 0.95 | 0.712 times |
12 Fri Apr 2024 | 1.00 | 1.00 | 1.00 | 0.95 | 0.971 times |
10 Wed Apr 2024 | 1.00 | 1.00 | 1.00 | 0.95 | 0.73 times |
09 Tue Apr 2024 | 0.95 | 0.95 | 1.00 | 0.95 | 0.7 times |
08 Mon Apr 2024 | 0.95 | 1.00 | 1.00 | 0.95 | 0.964 times |
05 Fri Apr 2024 | 1.00 | 1.00 | 1.00 | 0.95 | 1.435 times |
04 Thu Apr 2024 | 1.00 | 1.00 | 1.00 | 0.95 | 0.912 times |
03 Wed Apr 2024 | 1.00 | 1.00 | 1.00 | 0.95 | 0.881 times |
02 Tue Apr 2024 | 1.00 | 0.95 | 1.00 | 0.90 | 1.437 times |
Stock of Shrenik (SHRENIK) has showed a significant fall. This could be a good time to exit from this stock.
My analysis of stock is bearish for shortterm, but stock is semi over sold and there are some chances of seeing a recovery tomorrow. Use 0.9 as stoploss in an intra day buy trade for a target of 1.01. However, stock will show a bearish move below 0.9.
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 | 1.70 |
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 |
16 Tue Apr 2024 | 0.95 | 1.00 | 1.00 | 0.90 | 0.839 times |
12 Fri Apr 2024 | 1.00 | 1.00 | 1.00 | 0.95 | 0.568 times |
05 Fri Apr 2024 | 1.00 | 0.95 | 1.00 | 0.90 | 1.044 times |
28 Thu Mar 2024 | 0.90 | 0.95 | 1.00 | 0.90 | 0.25 times |
22 Fri Mar 2024 | 0.95 | 1.00 | 1.20 | 0.90 | 0.316 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 |
16 Tue Apr 2024 | 0.95 | 0.95 | 1.00 | 0.90 | 0.427 times |
28 Thu Mar 2024 | 0.90 | 1.00 | 1.20 | 0.90 | 0.307 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 |
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)
Price action analysis of Shrenik ( (SHRENIK) ) based on a short term time period is neutral. A longer time frame might give a better analysis.
Price action analysis of Shrenik ( (SHRENIK) ) based on a short term time period is neutral. A longer time frame might give a better analysis.
Price action analysis of Shrenik ( (SHRENIK) ) 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) ) 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 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. Bulls are getting tired and bears 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 and SELL signal is strong!
RSI is generating a SELL signal in short term but selling is losing momentum.
MRSI is in negative zone. This is the SELL zone
Although the stock is in the SELL zone, but selling 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 0.98 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 neutral. A longer time frame might give a better analysis.
Price action analysis of Shrenik ( (SHRENIK) ) based on a short term time period is neutral. A longer time frame might give a better analysis.
Price action analysis of Shrenik ( (SHRENIK) ) 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) ) 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 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. Bulls are getting tired and bears 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 and SELL signal is strong!
RSI is generating a SELL signal in short term but selling is losing momentum.
MRSI is in negative zone. This is the SELL zone
Although the stock is in the SELL zone, but selling 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 0.98 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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