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Stock analysis Shrenik Limited SHRENIK

More indepth analysis on MunafaSutra.com

Moving Averages for Shrenik Limited

  • 5Day Average: 0.61
  • 12Day Average: 0.6
  • 20Day Average: 0.64
  • 50Day Average: 0.64
  • 100Day Average: 0.73
  • 150Day Average: 0.8
  • 200Day Average: 0.87

SHRENIK Indicators & signals

Indicator MACD (12,26,9)

0.61, 0.64, -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: 51
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
03 Thu Jul 2025 0.60 0.58 to 0.63 -1.64% 1.69 times
02 Wed Jul 2025 0.61 0.60 to 0.63 -1.61% 0.7 times
01 Tue Jul 2025 0.62 0.60 to 0.63 0% 1.03 times
30 Mon Jun 2025 0.62 0.60 to 0.63 3.33% 1.5 times
27 Fri Jun 2025 0.60 0.58 to 0.60 3.45% 0.77 times
26 Thu Jun 2025 0.58 0.57 to 0.60 -1.69% 0.99 times
25 Wed Jun 2025 0.59 0.58 to 0.61 -1.67% 1.75 times
24 Tue Jun 2025 0.60 0.59 to 0.61 1.69% 0.75 times
23 Mon Jun 2025 0.59 0.57 to 0.61 -1.67% 1.28 times
20 Fri Jun 2025 0.60 0.59 to 0.61 0% 0.77 times
19 Thu Jun 2025 0.60 0.59 to 0.61 -1.64% 0.47 times
18 Wed Jun 2025 0.61 0.60 to 0.62 0% 0.52 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...

More indepth analysis on MunafaSutra.com