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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 821

Date Daily Closing Price Open High Low Volume
28 Fri Jan 2022 40.15 40.15 40.15 40.15 0.03 times
24 Mon Jan 2022 42.25 42.25 42.25 42.25 0.074 times
20 Thu Jan 2022 42.25 42.25 42.25 42.25 0.122 times
19 Wed Jan 2022 40.25 40.25 40.25 40.25 0.469 times
17 Mon Jan 2022 38.35 38.35 38.35 38.35 0.125 times
14 Fri Jan 2022 36.55 36.55 36.55 36.55 0.061 times
12 Wed Jan 2022 34.85 34.85 34.85 34.85 0.609 times
11 Tue Jan 2022 34.05 32.95 34.05 32.95 2.102 times
10 Mon Jan 2022 32.45 32.45 32.45 32.45 4.677 times
07 Fri Jan 2022 31.35 31.35 31.35 31.00 0.658 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 38.1, but if it comes below 38.1, then a intra day sell could be more profitable.
If you take a sell trade below 38.1, then use 38.1 as stoploss and 33.09 as target. However if you take a buy trade in stock , then use 38.1 as stoploss and 44.1 as target.

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 31.35
Downside Target 32.45
Downside Target 36.55
Downside Target 38.35
Downside Target 40.15
Upside Target 42.25

Intraday share price targets for Shah Food (ShahFood)

Target Type Value
Downside Intraday Target 39.45
Downside Intraday Target 38.75
Upside Intraday Target 41.55
Upside Intraday Target 42.95
Upside Intraday Target 40.85

Weekly technical analysis of Shah Food (ShahFood)

Date Weekly Closing Price Open High Low Volume
28 Fri Jan 2022 40.15 42.25 42.25 40.15 0.146 times
20 Thu Jan 2022 42.25 38.35 42.25 38.35 0.096 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

Price has moved down 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
28 Fri Jan 2022 40.15 29.90 42.25 29.90 54.094 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 72, 26, 47 Buy
MACD 6, 5Buy
Stochastics 94Buy
CCI 57Sell
RSI 53Buy
OBV 7884Sell
VWAP 34Buy
ADL 0Sell
ROC 34Buy
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 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 losing 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 coming down

CCI has generated a SELL signal for Shah Food in short term but SELL signal is weak.

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 33.67 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.

Click here for Shah Food charts

Click here for further forecast and predictions for tomorrow

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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