(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 16
Date | Daily Closing Price | Open | High | Low | Volume |
17 Fri May 2024 | 252.00 | 252.00 | 252.00 | 252.00 | 0.063 times |
14 Tue May 2024 | 240.00 | 240.00 | 240.00 | 240.00 | 0.063 times |
09 Thu May 2024 | 249.90 | 249.90 | 249.90 | 249.90 | 0.313 times |
08 Wed May 2024 | 255.00 | 255.00 | 255.00 | 255.00 | 0.688 times |
07 Tue May 2024 | 255.00 | 267.75 | 267.75 | 255.00 | 4.313 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 254.7 as stoploss in an intra day sell trade for a target of 247.12. However, stock will show a bullish move above 254.7.
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 | 250.90 |
Downside Target | 252.00 |
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 | 244 |
Downside Intraday Target | 236 |
Upside Intraday Target | 256 |
Upside Intraday Target | 260 |
Downside Intraday Target | 248 |
Weekly technical analysis of Shah Food (ShahFood)
Date | Weekly Closing Price | Open | High | Low | Volume |
17 Fri May 2024 | 252.00 | 240.00 | 252.00 | 240.00 | 0.024 times |
09 Thu May 2024 | 249.90 | 267.75 | 267.75 | 249.90 | 2.429 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 |
Price has moved up 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 |
17 Fri May 2024 | 252.00 | 267.75 | 267.75 | 240.00 | 0.122 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 | 49, 33, 20 | Buy |
MACD | 22, 25 | Sell |
Stochastics | 20 | Sell |
CCI | -5 | Buy |
RSI | 58 | Buy |
OBV | 674 | Sell |
VWAP | 253 | Sell |
ADL | 0 | Sell |
ROC | 0 | Buy |
Force Index | 0 | Sell |
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
Price action analysis of Shah Food ( (ShahFood) ) based on a short to mid term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on 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 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 LOWS in short term which reflects strong selling momentum. Bears are getting stronger in this stock.
Ichimoku cloud is of red color and prices are in or above the red cloud Prices appear to be moving up
CCI has generated a buy signal for Shah Food in short term but BUY signal is weak.
RSI is generating a BUY signal in short term and the buying is gaining momentum.
MRSI is in positive zone. This is a BUY 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 253.17 and Shah Food (ShahFood) stock is trading below this level. This means that stock is falling with high volumes. 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.
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