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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 36

Date Daily Closing Price Open High Low Volume
07 Tue May 2024 255.00 267.75 267.75 255.00 1.917 times
24 Wed Apr 2024 255.00 255.70 255.70 249.90 0.083 times
23 Tue Apr 2024 255.00 255.00 255.00 255.00 0.028 times
22 Mon Apr 2024 250.00 250.00 255.00 250.00 0.861 times
19 Fri Apr 2024 255.00 255.90 255.90 255.00 0.417 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 256.1 as stoploss in an intra day sell trade for a target of 239.42. However, stock will show a bullish move above 256.1.

Share price targets for Shah Food (ShahFood)

Target Type Value
Downside Target 159.20
Downside Target 169.80
Downside Target 186.20
Downside Target 209.05
Downside Target 240.00
Downside Target 246.00
Downside Target 255.00
Upside Target 255.70
Upside Target 255.90
Upside Target 267.75

Intraday share price targets for Shah Food (ShahFood)

Target Type Value
Downside Intraday Target 250.75
Downside Intraday Target 246.5
Upside Intraday Target 263.5
Upside Intraday Target 272
Upside Intraday Target 259.25

Weekly technical analysis of Shah Food (ShahFood)

Date Weekly Closing Price Open High Low Volume
07 Tue May 2024 255.00 267.75 267.75 255.00 1.971 times
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

Price has moved down this week, and volume has increased substantially. This means that the move can continue in coming weeks.

Monthly technical analysis of Shah Food (ShahFood)

Date Monthly Closing Price Open High Low Volume
07 Tue May 2024 255.00 267.75 267.75 255.00 0.097 times
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

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 Shah Food (ShahFood)

Indicator Name Indicator Value Indicator Signal
ADX 50, 21, 41 Buy
MACD 27, 27Sell
Stochastics 81Buy
CCI 138Buy
RSI 59Buy
OBV 1500Sell
VWAP 247Buy
ADL 0Sell
ROC 4Buy
Force Index 0Sell

Price action analysis of Shah Food ( (ShahFood) ) based on a short term time period is positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.

Price action analysis of Shah Food ( (ShahFood) ) based on a short term time period is positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.

Price action analysis of Shah Food ( (ShahFood) ) based on a short to mid term time period is positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.

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 Strong and stock is gaining momentum.

MACD generated a SELL signal for Shah Food in short term but the sell signal is initial and weak.

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 buy signal for Shah Food in short term and BUY signal is strong.

RSI is generating a BUY signal in short term but buying is losing momentum.

MRSI is in negative zone. This is the SELL zone

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

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 246.71 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 rising upwards.

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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