(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 2024-03-06 View latest technical analysis
10 day averaged volume of Shrenik is 1559666
| Date | Daily Closing Price | Open | High | Low | Volume |
| 06 Wed Mar 2024 | 1.05 | 1.00 | 1.05 | 1.00 | 0.824 times |
| 05 Tue Mar 2024 | 1.00 | 1.00 | 1.05 | 1.00 | 0.9 times |
| 04 Mon Mar 2024 | 1.05 | 1.05 | 1.10 | 1.00 | 0.63 times |
| 02 Sat Mar 2024 | 1.05 | 1.10 | 1.10 | 1.05 | 0.701 times |
| 01 Fri Mar 2024 | 1.10 | 1.05 | 1.10 | 1.05 | 0.61 times |
| 29 Thu Feb 2024 | 1.05 | 1.10 | 1.10 | 1.00 | 1.288 times |
| 28 Wed Feb 2024 | 1.05 | 1.10 | 1.10 | 1.05 | 0.891 times |
| 27 Tue Feb 2024 | 1.10 | 1.05 | 1.10 | 1.00 | 1.891 times |
| 26 Mon Feb 2024 | 1.05 | 1.10 | 1.10 | 1.05 | 0.499 times |
| 23 Fri Feb 2024 | 1.10 | 1.10 | 1.10 | 1.05 | 1.407 times |
My analysis of stock is bearish for shortterm, and stock might move down till 1 or till 1. Use a stoploss of 1.08 and if the stock hits stoploss, then it can shoot up till 1.12
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 |
| 06 Wed Mar 2024 | 1.05 | 1.05 | 1.10 | 1.00 | 0.4 times |
| 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 |
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 |
| 06 Wed Mar 2024 | 1.05 | 1.05 | 1.10 | 1.00 | 0.188 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 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 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.
MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.
Shrenik Stock is trading near its recent LOWS in short term which reflects strong selling momentum. 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 moving up
CCI has generated a buy signal for Shrenik in short term but BUY signal is weak.
RSI is generating a BUY signal in short term but buying is losing 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 1.07 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 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 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.
MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.
Shrenik Stock is trading near its recent LOWS in short term which reflects strong selling momentum. 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 moving up
CCI has generated a buy signal for Shrenik in short term but BUY signal is weak.
RSI is generating a BUY signal in short term but buying is losing 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 1.07 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.
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Daily charts
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