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(ShahFood) Shah Food complete technical analysis [charts+indicators] | Buy/Sell Shah Food | (ShahFood) share price targets

Complete technical analysis of Shah Food (ShahFood) by charts plus indicators, forecast predictions and share price targets for Shah Food (ShahFood)

10 day averaged volume of Shah Food is 34

Date Daily Closing Price Open High Low Volume
24 Wed Apr 2024 255.00 255.70 255.70 249.90 0.088 times
23 Tue Apr 2024 255.00 255.00 255.00 255.00 0.029 times
22 Mon Apr 2024 250.00 250.00 255.00 250.00 0.912 times
19 Fri Apr 2024 255.00 255.90 255.90 255.00 0.441 times
18 Thu Apr 2024 250.90 250.90 250.90 250.90 0.676 times

My analysis of stock is bullish for shortterm, but stock is in semi over bought zones and there are some chances of seeing a fall tomorrow. Use 255.2 as stoploss in an intra day sell trade for a target of 236.47. However, stock will show a bullish move above 255.2.

Share price targets for Shah Food (ShahFood)

Target Type Value
Downside Target 148.05
Downside Target 159.20
Downside Target 169.80
Downside Target 186.20
Downside Target 204.10
Downside Target 209.05
Downside Target 213.75
Downside Target 240.00
Downside Target 246.00
Downside Target 249.90
Downside Target 250.90
Upside Target 255.70
Upside Target 255.90

Intraday share price targets for Shah Food (ShahFood)

Target Type Value
Downside Intraday Target 251.37
Downside Intraday Target 247.73
Upside Intraday Target 257.17
Upside Intraday Target 259.33
Downside Intraday Target 253.53

Weekly technical analysis of Shah Food (ShahFood)

Date Weekly Closing Price Open High Low Volume
24 Wed Apr 2024 255.00 250.00 255.70 249.90 0.729 times
19 Fri Apr 2024 255.00 250.90 255.90 250.90 24 times
12 Fri Apr 2024 246.00 246.80 246.80 246.00 0.003 times
05 Fri Apr 2024 242.00 245.00 249.85 240.00 1.024 times
28 Thu Mar 2024 244.50 229.50 246.75 213.75 0.477 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 Shah Food (ShahFood)

Date Monthly Closing Price Open High Low Volume
24 Wed Apr 2024 255.00 245.00 255.90 240.00 0.258 times
28 Thu Mar 2024 244.50 190.30 246.75 186.20 0.508 times
29 Thu Feb 2024 190.30 171.00 209.05 169.80 1.776 times
30 Tue Jan 2024 178.70 171.05 189.00 159.20 0.617 times

Price has moved up 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 Shah Food (ShahFood)

Indicator Name Indicator Value Indicator Signal
ADX 39, 26, 19 Buy
MACD 28, 27Buy
Stochastics 84Buy
CCI 66Sell
RSI 59Buy
OBV 1486Sell
VWAP 245Buy
ADL 0Sell
ROC 2Buy
Force Index 0Sell

Price action analysis of Shah Food ( (ShahFood) ) based on a short term time period is

Price action analysis of Shah Food ( (ShahFood) ) 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 Shah Food ( (ShahFood) ) 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 Shah Food ( (ShahFood) ) based on a mid to longer term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.

ADX buy sell signal for Shah Food stock for short term is BUY. Signal strength is Weak and stock is losing momentum.

MACD generated a BUY signal for Shah Food in short term and the buy signal is strong.

Shah Food Stock is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting tired and bears are picking up momentum.

Ichimoku cloud is of red color and prices are in or above the red cloud Prices appear to be coming down

CCI has generated a SELL signal for Shah Food in short term but SELL 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

Although the stock is in the SELL zone, but selling might be slowing down

Stock of Shah Food is picking up selling momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 244.78 and Shah Food (ShahFood) stock is trading above this level. This is a good sign for the stock and it could move higher. VWAP is falling down

People seem to be coming out and selling the Shah Food (ShahFood) stock. Volume based technical analysis of Shah Food (ShahFood) stock is negative.

Shah Food Stock is giving positive returns over a short term period. Returns for a longer term period have been positive

Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.

Click here for Shah Food charts

Click here for further forecast and predictions for tomorrow

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