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(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 2025-02-12 View latest technical analysis

10 day averaged volume of Shrenik is 921355

Date	Daily Closing Price	Open	High	Low	Volume
12 Wed Feb 2025	0.71	0.73	0.73	0.69	1.159 times
11 Tue Feb 2025	0.71	0.74	0.74	0.71	0.565 times
10 Mon Feb 2025	0.73	0.77	0.77	0.73	0.995 times
07 Fri Feb 2025	0.76	0.75	0.78	0.74	1.172 times
06 Thu Feb 2025	0.74	0.77	0.78	0.74	1.229 times
05 Wed Feb 2025	0.75	0.73	0.75	0.72	1.089 times
04 Tue Feb 2025	0.72	0.72	0.74	0.71	0.992 times
03 Mon Feb 2025	0.71	0.73	0.73	0.70	1.073 times
31 Fri Jan 2025	0.72	0.71	0.73	0.70	1.067 times
30 Thu Jan 2025	0.70	0.71	0.72	0.70	0.791 times

My analysis of stock is bearish for shortterm, and stock might move down till 0.7 or till 0.7. Use a stoploss of 0.72 and if the stock hits stoploss, then it can shoot up till 0.74

Share price targets for Shrenik (SHRENIK)

Target Type	Value
Downside Target	0.69
Upside Target	0.72
Upside Target	0.75
Upside Target	0.77
Upside Target	0.78
Upside Target	0.83
Upside Target	0.84
Upside Target	0.85
Upside Target	1.06
Upside Target	1.10
Upside Target	1.45

Intraday share price targets for Shrenik (SHRENIK)

Target Type	Value
Downside Intraday Target	0.68
Downside Intraday Target	0.64
Upside Intraday Target	0.76
Upside Intraday Target	0.8
Upside Intraday Target	0.72

Weekly technical analysis of Shrenik (SHRENIK)

Date	Weekly Closing Price	Open	High	Low	Volume
12 Wed Feb 2025	0.71	0.77	0.77	0.69	0.489 times
07 Fri Feb 2025	0.76	0.73	0.78	0.70	1.198 times
31 Fri Jan 2025	0.72	0.71	0.73	0.69	1.196 times
24 Fri Jan 2025	0.72	0.75	0.75	0.72	0.738 times
17 Fri Jan 2025	0.73	0.74	0.77	0.70	0.702 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
12 Wed Feb 2025	0.71	0.73	0.78	0.69	0.331 times
31 Fri Jan 2025	0.72	0.78	0.83	0.69	6.087 times
31 Tue Dec 2024	0.76	0.76	0.84	0.75	0.074 times
05 Fri Jul 2024	1.32	1.11	1.45	1.10	0.923 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 negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small

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 negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small

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 BUY signal for Shrenik in short term but the buy 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 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 0.73 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.