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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 44

Date Daily Closing Price Open High Low Volume
22 Fri Oct 2021 26.75 24.30 26.75 24.30 0.591 times
21 Thu Oct 2021 25.55 25.55 25.55 25.55 1.136 times
20 Wed Oct 2021 24.35 24.35 24.35 24.35 0.455 times
11 Mon Oct 2021 23.25 23.25 23.25 23.25 0.455 times
27 Mon Sep 2021 24.45 24.45 24.45 24.45 0.682 times
24 Fri Sep 2021 24.45 24.45 24.45 24.45 1.182 times
17 Fri Sep 2021 24.45 24.45 24.45 24.45 0.909 times
16 Thu Sep 2021 25.70 25.70 25.70 25.70 0.227 times
14 Tue Sep 2021 27.05 27.05 27.05 27.05 3.409 times
08 Wed Sep 2021 28.45 28.45 28.45 28.45 0.455 times

My analysis of stock is bearish for shortterm, and stock might move down till 25 or till 21.9. Use a stoploss of 27.65 and if the stock hits stoploss, then it can shoot up till 30.27

Share price targets for Shah Food (ShahFood)

Target Type Value
Downside Target 19.85
Downside Target 21.00
Downside Target 22.05
Downside Target 23.25
Downside Target 24.45
Downside Target 26.75
Upside Target 27.05
Upside Target 28.45
Upside Target 29.95
Upside Target 31.90

Intraday share price targets for Shah Food (ShahFood)

Target Type Value
Downside Intraday Target 24.42
Downside Intraday Target 22.08
Upside Intraday Target 27.92
Upside Intraday Target 29.08
Downside Intraday Target 25.58

Weekly technical analysis of Shah Food (ShahFood)

Date Weekly Closing Price Open High Low Volume
22 Fri Oct 2021 26.75 23.25 26.75 23.25 3.867 times
27 Mon Sep 2021 24.45 24.45 24.45 24.45 0.577 times
24 Fri Sep 2021 24.45 24.45 24.45 24.45 0.26 times
17 Fri Sep 2021 24.45 27.05 27.05 24.45 10 times
08 Wed Sep 2021 28.45 28.45 28.45 28.45 0.133 times

Price has moved up 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
22 Fri Oct 2021 26.75 23.25 26.75 23.25 0.33 times
27 Mon Sep 2021 24.45 28.45 28.45 24.45 0.668 times
31 Tue Aug 2021 28.45 29.95 29.95 28.45 1.082 times
30 Fri Jul 2021 31.50 22.05 31.90 22.05 0.725 times

Scroll below to view daily charts

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 35, 52, 20 Sell
MACD -0, -0Sell
Stochastics 44None
CCI 32Buy
RSI 51Buy
OBV -357Sell
VWAP 26Buy
ADL 0Sell
ROC -6Sell
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

Price action analysis of Shah Food ( (ShahFood) ) based on a mid to longer 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.

ADX buy sell signal for Shah Food stock for short term is SELL. Signal strength is Strong and stock is gaining momentum.

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

MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.

Shah Food Stock in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. Bears are weakening, and bulls are picking up momentum!

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 and BUY signal is strong.

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

MRSI is in positive zone. This is a BUY zone

Although the stock is in the BUY zone, but buying 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 25.82 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 has given negative 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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Daily charts

Daily Technical Analysis Weekly Analysis Monthly Analysis Renko chart MACD chart Bollinger Bands chart Stochastics charts Force Index charts

Daily chart

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