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(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 2025-04-21 View latest technical analysis

10 day averaged volume of Shrenik is 1445177

Date	Daily Closing Price	Open	High	Low	Volume
21 Mon Apr 2025	0.70	0.77	0.77	0.70	1.089 times
27 Fri Dec 2024	0.80	0.82	0.84	0.79	0.839 times
26 Thu Dec 2024	0.80	0.82	0.82	0.78	0.881 times
24 Tue Dec 2024	0.79	0.78	0.79	0.76	0.564 times
23 Mon Dec 2024	0.76	0.81	0.82	0.75	1.741 times
20 Fri Dec 2024	0.79	0.82	0.84	0.78	0.51 times
19 Thu Dec 2024	0.82	0.86	0.86	0.79	0.954 times
18 Wed Dec 2024	0.84	0.91	0.92	0.84	1.505 times
17 Tue Dec 2024	0.89	0.88	0.89	0.87	1.028 times
16 Mon Dec 2024	0.85	0.85	0.85	0.81	1.638 times

Although my analysis for stock is bearish for shortterm, but stock is in heavy over sold zones and there are high chances of some recovery tomorrow. You might want to buy the stock tomorrow in intra day with a stoploss of 0.7, for a target of 0.7 or 0.79

Share price targets for Shrenik (SHRENIK_BE)

Target Type	Value
Downside Target	0.66
Downside Target	0.70
Upside Target	0.73
Upside Target	0.75
Upside Target	0.78
Upside Target	0.81
Upside Target	0.84
Upside Target	0.90
Upside Target	0.92

Intraday share price targets for Shrenik (SHRENIK_BE)

Target Type	Value
Downside Intraday Target	0.68
Downside Intraday Target	0.65
Upside Intraday Target	0.75
Upside Intraday Target	0.79
Upside Intraday Target	0.72

Weekly technical analysis of Shrenik (SHRENIK_BE)

Date	Weekly Closing Price	Open	High	Low	Volume
21 Mon Apr 2025	0.70	0.77	0.77	0.70	0.271 times
27 Fri Dec 2024	0.80	0.81	0.84	0.75	0.714 times
20 Fri Dec 2024	0.79	0.85	0.92	0.78	2.637 times
13 Fri Dec 2024	0.81	0.77	0.81	0.77	1.343 times
06 Fri Dec 2024	0.77	0.73	0.77	0.73	0.753 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
21 Mon Apr 2025	0.70	0.77	0.77	0.70	0.081 times
27 Fri Dec 2024	0.80	0.73	0.92	0.73	0.922 times
29 Fri Nov 2024	0.73	0.75	0.84	0.67	0.672 times
31 Thu Oct 2024	0.72	0.76	0.90	0.66	2.125 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 negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this stock.

Price action analysis of Shrenik ( (SHRENIK_BE) ) 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_BE) ) based on a short to mid term time period is negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in 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 SELL signal for Shrenik in short term and the sell signal is strong.

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 and selling is picking up momentum.

MRSI is in positive zone. This is a BUY zone

Although the stock is in the BUY zone, but buying 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 0.81 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.