(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 84
| Date | Daily Closing Price | Open | High | Low | Volume |
| 02 Mon May 2022 | 26.25 | 26.25 | 26.25 | 26.25 | 0.476 times |
| 29 Fri Apr 2022 | 27.60 | 27.60 | 27.60 | 27.60 | 0.119 times |
| 25 Mon Apr 2022 | 27.65 | 27.65 | 27.65 | 27.65 | 0.012 times |
| 19 Tue Apr 2022 | 27.65 | 27.65 | 27.65 | 27.65 | 0.238 times |
| 11 Mon Apr 2022 | 27.65 | 29.10 | 29.10 | 27.65 | 0.714 times |
| 30 Wed Mar 2022 | 29.10 | 29.10 | 29.10 | 29.10 | 1.19 times |
| 29 Tue Mar 2022 | 30.60 | 30.60 | 30.60 | 30.60 | 1.214 times |
| 25 Fri Mar 2022 | 30.60 | 30.60 | 30.60 | 30.60 | 1.19 times |
| 23 Wed Mar 2022 | 30.55 | 30.50 | 30.55 | 30.50 | 2.381 times |
| 04 Fri Mar 2022 | 30.05 | 30.05 | 30.05 | 30.05 | 1.762 times |
My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 27.8, but if it comes above 27.8, then a intra day buy could be more profitable.
If you take a sell trade below 27.8, then use 27.8 as stoploss and 20.8 as target. However if you take a buy trade in stock , then use 27.8 as stoploss and 33.58 as target.
Share price targets for Shah Food (ShahFood)
| Target Type | Value |
| Downside Target | 26.25 |
| Upside Target | 27.60 |
| Upside Target | 29.10 |
| Upside Target | 29.90 |
| Upside Target | 30.50 |
| Upside Target | 30.60 |
| Upside Target | 31.40 |
| Upside Target | 33.00 |
| Upside Target | 42.25 |
| Upside Target | 44.00 |
Intraday share price targets for Shah Food (ShahFood)
| Target Type | Value |
| Downside Intraday Target | 26.25 |
| Downside Intraday Target | 26.25 |
| Downside Intraday Target | 26.25 |
| Downside Intraday Target | 26.25 |
| Downside Intraday Target | 26.25 |
Weekly technical analysis of Shah Food (ShahFood)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 02 Mon May 2022 | 26.25 | 26.25 | 26.25 | 26.25 | 3.636 times |
| 29 Fri Apr 2022 | 27.60 | 27.65 | 27.65 | 27.60 | 0.138 times |
| 19 Tue Apr 2022 | 27.65 | 29.10 | 29.10 | 27.65 | 0.396 times |
| 30 Wed Mar 2022 | 29.10 | 30.60 | 30.60 | 29.10 | 0.673 times |
| 25 Fri Mar 2022 | 30.60 | 30.50 | 30.60 | 30.50 | 0.769 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 |
| 02 Mon May 2022 | 26.25 | 26.25 | 26.25 | 26.25 | 0.44 times |
| 29 Fri Apr 2022 | 27.60 | 29.10 | 29.10 | 27.60 | 0.121 times |
| 30 Wed Mar 2022 | 29.10 | 31.40 | 31.40 | 29.10 | 1.265 times |
| 22 Tue Feb 2022 | 33.00 | 42.00 | 44.00 | 33.00 | 0.064 times |
Scroll below to view daily charts
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 | 18, 83, 64 | Sell |
| MACD | -3, -2 | Sell |
| Stochastics | 0 | Sell |
| CCI | -126 | Sell |
| RSI | 49 | Sell |
| OBV | -250 | Sell |
| VWAP | 30 | Sell |
| ADL | 0 | Sell |
| ROC | -16 | Sell |
| 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 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 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 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.
Shah Food Stock is trading near its recent LOWS in short term which reflects strong selling momentum. 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 coming down
CCI has generated a SELL signal for Shah Food in short term and SELL signal is strong!
RSI is generating a SELL signal in short term but selling 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 29.72 and Shah Food (ShahFood) stock is trading below this level. This means that stock is falling with high volumes. 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 negative.
Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.
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