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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 879

Date Daily Closing Price Open High Low Volume
19 Wed Jan 2022 40.25 40.25 40.25 40.25 0.438 times
17 Mon Jan 2022 38.35 38.35 38.35 38.35 0.117 times
14 Fri Jan 2022 36.55 36.55 36.55 36.55 0.057 times
12 Wed Jan 2022 34.85 34.85 34.85 34.85 0.569 times
11 Tue Jan 2022 34.05 32.95 34.05 32.95 1.964 times
10 Mon Jan 2022 32.45 32.45 32.45 32.45 4.369 times
07 Fri Jan 2022 31.35 31.35 31.35 31.00 0.614 times
05 Wed Jan 2022 29.90 29.95 29.95 29.90 1.024 times
04 Tue Jan 2022 29.90 29.90 29.90 29.90 0.535 times
03 Mon Jan 2022 29.90 29.90 29.90 29.90 0.626 times

Although my analysis for stock is bullish for shortterm, but stock is over bought and there are high chances of some profit booking tomorrow. You might want to sell the stock tomorrow in intra day with a stoploss of 39.3, for a target of 34.8 or 30.96

Share price targets for Shah Food (ShahFood)

Target Type Value
Downside Target 23.25
Downside Target 24.45
Downside Target 27.25
Downside Target 28.35
Downside Target 29.90
Downside Target 29.95
Downside Target 31.35
Downside Target 32.45
Downside Target 36.55
Downside Target 38.35
Downside Target 40.25

Intraday share price targets for Shah Food (ShahFood)

Target Type Value
Downside Intraday Target 38.98
Downside Intraday Target 37.72
Upside Intraday Target 40.88
Upside Intraday Target 41.52
Downside Intraday Target 39.62

Weekly technical analysis of Shah Food (ShahFood)

Date Weekly Closing Price Open High Low Volume
19 Wed Jan 2022 40.25 38.35 40.25 38.35 0.08 times
14 Fri Jan 2022 36.55 32.45 36.55 32.45 2.486 times
07 Fri Jan 2022 31.35 29.90 31.35 29.90 22.364 times
30 Thu Dec 2021 28.50 28.50 28.50 28.50 10 times
16 Thu Dec 2021 28.50 28.50 28.50 28.50 0.122 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
19 Wed Jan 2022 40.25 29.90 40.25 29.90 53.006 times
30 Thu Dec 2021 28.50 29.95 29.95 28.50 1.221 times
17 Wed Nov 2021 28.55 28.35 28.55 27.25 0.603 times
26 Tue Oct 2021 28.35 23.25 28.35 23.25 0.659 times

Scroll below to view daily charts

Price has moved up this month, and volume has increased substantially. This means that the move can continue in coming months.

Indicators analysis of Shah Food (ShahFood)

Indicator Name Indicator Value Indicator Signal
ADX 86, 12, 75 Buy
MACD 5, 3Buy
Stochastics 100Buy
CCI 144Buy
RSI 53Buy
OBV 7900Sell
VWAP 33Buy
ADL 0Sell
ROC 41Buy
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 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.

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

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

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

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 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 and the buying is gaining 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 32.7 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.

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Daily charts

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Daily chart

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