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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 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, 25Sell
Stochastics 20Sell
CCI -5Buy
RSI 58Buy
OBV 674Sell
VWAP 253Sell
ADL 0Sell
ROC 0Buy
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

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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