(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 2024-03-02 View latest technical analysis
10 day averaged volume of Shrenik is 1990191
| Date | Daily Closing Price | Open | High | Low | Volume |
| 02 Sat Mar 2024 | 1.05 | 1.10 | 1.10 | 1.05 | 0.549 times |
| 01 Fri Mar 2024 | 1.10 | 1.05 | 1.10 | 1.05 | 0.478 times |
| 29 Thu Feb 2024 | 1.05 | 1.10 | 1.10 | 1.00 | 1.009 times |
| 28 Wed Feb 2024 | 1.05 | 1.10 | 1.10 | 1.05 | 0.698 times |
| 27 Tue Feb 2024 | 1.10 | 1.05 | 1.10 | 1.00 | 1.482 times |
| 26 Mon Feb 2024 | 1.05 | 1.10 | 1.10 | 1.05 | 0.391 times |
| 23 Fri Feb 2024 | 1.10 | 1.10 | 1.10 | 1.05 | 1.103 times |
| 22 Thu Feb 2024 | 1.10 | 1.05 | 1.10 | 1.05 | 0.927 times |
| 21 Wed Feb 2024 | 1.10 | 1.20 | 1.20 | 1.10 | 1.696 times |
| 20 Tue Feb 2024 | 1.15 | 1.15 | 1.15 | 1.10 | 1.04 times |
My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 1.1, but if it comes above 1.1, then a intra day buy could be more profitable.
If you take a sell trade below 1.1, then use 1.1 as stoploss and 1 as target. However if you take a buy trade in stock , then use 1.1 as stoploss and 1.09 as target.
Share price targets for Shrenik (SHRENIK_BE)
| Target Type | Value |
| Downside Target | 1.00 |
| Downside Target | 1.05 |
| Upside Target | 1.10 |
| Upside Target | 1.15 |
| Upside Target | 1.20 |
| Upside Target | 1.45 |
| Upside Target | 1.50 |
| Upside Target | 2.40 |
| Upside Target | 2.90 |
Intraday share price targets for Shrenik (SHRENIK_BE)
| Target Type | Value |
| Downside Intraday Target | 1 |
| Downside Intraday Target | 0.95 |
| Upside Intraday Target | 1.1 |
| Upside Intraday Target | 1.15 |
| Downside Intraday Target | 1.05 |
Weekly technical analysis of Shrenik (SHRENIK_BE)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 02 Sat Mar 2024 | 1.05 | 1.10 | 1.10 | 1.00 | 0.775 times |
| 23 Fri Feb 2024 | 1.10 | 1.10 | 1.20 | 1.05 | 2.753 times |
| 16 Fri Feb 2024 | 1.05 | 1.15 | 1.15 | 1.05 | 0.714 times |
| 09 Fri Feb 2024 | 1.15 | 1.10 | 1.15 | 1.05 | 1.318 times |
| 02 Fri Feb 2024 | 1.10 | 1.10 | 1.10 | 1.10 | 0.938 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 |
| 02 Sat Mar 2024 | 1.05 | 1.05 | 1.10 | 1.05 | 0.067 times |
| 29 Thu Feb 2024 | 1.05 | 1.10 | 1.20 | 1.00 | 0.844 times |
| 31 Wed Jan 2024 | 1.10 | 1.25 | 1.50 | 1.05 | 1.743 times |
| 29 Fri Dec 2023 | 1.25 | 1.40 | 1.45 | 1.20 | 0.788 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_BE)
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 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 neutral. A longer time frame might give a better analysis.
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 BUY signal for Shrenik in short term but the buy signal is initial and weak.
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 and SELL signal is strong!
RSI is generating a BUY signal in short term and the buying is gaining momentum.
MRSI is in negative zone. This is the SELL 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 1.09 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.
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 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 neutral. A longer time frame might give a better analysis.
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 BUY signal for Shrenik in short term but the buy signal is initial and weak.
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 and SELL signal is strong!
RSI is generating a BUY signal in short term and the buying is gaining momentum.
MRSI is in negative zone. This is the SELL 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 1.09 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.
Click here for further forecast and predictions for tomorrow
Daily charts
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