Stock analysis Shrenik Limited SHRENIK
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Recent prices of SHRENIK Shrenik Limited are as follows: Daily volume is divided by 10 day averaged volume
| Date | Close | Range | Change % | Volume |
| 21 Tue Jan 2025 | 0.73 | 0.72 to 0.75 | 0% | 0.76 times |
| 20 Mon Jan 2025 | 0.73 | 0.72 to 0.75 | 0% | 0.58 times |
| 17 Fri Jan 2025 | 0.73 | 0.73 to 0.76 | -1.35% | 0.65 times |
| 16 Thu Jan 2025 | 0.74 | 0.71 to 0.74 | 4.23% | 0.86 times |
| 15 Wed Jan 2025 | 0.71 | 0.70 to 0.75 | -2.74% | 0.77 times |
| 14 Tue Jan 2025 | 0.73 | 0.70 to 0.74 | 1.39% | 0.66 times |
| 13 Mon Jan 2025 | 0.72 | 0.72 to 0.77 | 0% | 1.39 times |
| 13 Mon Jan 2025 | 0.72 | 0.72 to 0.77 | -5.26% | 1.39 times |
| 10 Fri Jan 2025 | 0.76 | 0.75 to 0.80 | -2.56% | 0.86 times |
| 09 Thu Jan 2025 | 0.78 | 0.76 to 0.80 | 1.3% | 1.42 times |
| 08 Wed Jan 2025 | 0.77 | 0.75 to 0.78 | 2.67% | 1.42 times |
| 07 Tue Jan 2025 | 0.75 | 0.74 to 0.77 | -2.6% | 1.37 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...
My analysis of Shrenik Limited is bearish for shortterm, and stock might move down till 0.6 or till 0.4. Use a stoploss of 0.8 and if the stock hits stoploss, then it can shoot up till 0.98