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Stock analysis Shrenik Limited SHRENIK

More indepth analysis on MunafaSutra.com

Moving Averages for Shrenik Limited

  • 5Day Average: 0.58
  • 12Day Average: 0.58
  • 20Day Average: 0.59
  • 50Day Average: 0.62
  • 100Day Average: 0.67
  • 150Day Average: 0.77
  • 200Day Average: 0.84

SHRENIK Indicators & signals

Indicator MACD (12,26,9)

0.6, 0.63, -0.02
Indicator MACD is in negative zone

Indicator ADX (14)

0, 77.78, 77.78
Indicator ADX is indicating that momentum is weak.
Momentum is towards selling.

Indicator RSI (14)

Current RSI is: 54
Indicator RSI is indicating buying momentum and stock might rise.

Recent prices of SHRENIK Shrenik Limited are as follows: Daily volume is divided by 10 day averaged volume

Date Close Range Change % Volume
22 Tue Jul 2025 0.59 0.59 to 0.62 -1.67% 0.92 times
21 Mon Jul 2025 0.60 0.58 to 0.60 3.45% 1.37 times
18 Fri Jul 2025 0.58 0.57 to 0.59 1.75% 0.9 times
17 Thu Jul 2025 0.57 0.57 to 0.59 -1.72% 0.61 times
16 Wed Jul 2025 0.58 0.57 to 0.59 0% 0.83 times
15 Tue Jul 2025 0.58 0.57 to 0.59 0% 1.05 times
14 Mon Jul 2025 0.58 0.57 to 0.59 0% 0.76 times
11 Fri Jul 2025 0.58 0.57 to 0.59 0% 0.73 times
10 Thu Jul 2025 0.58 0.57 to 0.59 0% 1.65 times
09 Wed Jul 2025 0.58 0.58 to 0.60 -1.69% 1.39 times
08 Tue Jul 2025 0.59 0.59 to 0.61 -1.67% 0.72 times
07 Mon Jul 2025 0.60 0.59 to 0.62 -1.64% 0.72 times

Technical analysis forecast for Shrenik Limited Stock is that its in a downtrend for shortterm, and I will avoid taking a BUY or a LONG trade in this stock. Look for opportunities to sell or SHORT Shrenik Limited SHRENIK at this time. Stock is falling and might fall more.

It appears as if Shrenik Limited SHRENIK gave a large move recently.

Stock of Shrenik Limited (SHRENIK) is trading below an important moving average line, and it has been below this line for quite some time now. This is not a good sign, stock might keep falling and stock might move lower...

Although my analysis for Shrenik Limited 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 0.6, for a target of 0.6 or 0.62

More indepth analysis on MunafaSutra.com