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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)

Showing technical analysis as on 2021-07-28 View latest technical analysis

10 day averaged volume of Shah Food is 55

Date Daily Closing Price Open High Low Volume
28 Wed Jul 2021 31.90 31.90 31.90 31.90 2.073 times
27 Tue Jul 2021 30.45 30.45 30.45 30.45 0.455 times
26 Mon Jul 2021 29.00 29.00 29.00 29.00 0.909 times
23 Fri Jul 2021 27.80 27.80 27.80 27.80 0.018 times
20 Tue Jul 2021 26.75 26.75 26.75 26.75 0.091 times
16 Fri Jul 2021 25.50 25.50 25.50 25.50 0.091 times
09 Fri Jul 2021 24.30 24.30 24.30 24.30 1.818 times
08 Thu Jul 2021 23.15 23.15 23.15 23.15 1.818 times
05 Mon Jul 2021 22.05 22.05 22.05 22.05 0.727 times
29 Tue Jun 2021 21.00 21.00 21.00 21.00 3.636 times

Stock of Shah Food (ShahFood) has showed a significant upmove. This could be a good time to enter in this stock!

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 32.2, for a target of 27.1 or 22.77

Share price targets for Shah Food (ShahFood)

Target Type Value
Downside Target 17.15
Downside Target 19.85
Downside Target 21.00
Downside Target 22.00
Downside Target 22.90
Downside Target 24.30
Downside Target 25.50
Downside Target 26.75
Downside Target 27.80
Downside Target 29.00
Downside Target 29.35
Downside Target 31.90
Upside Target 35.90

Intraday share price targets for Shah Food (ShahFood)

Target Type Value
Downside Intraday Target 29.97
Downside Intraday Target 28.03
Upside Intraday Target 32.87
Upside Intraday Target 33.83
Downside Intraday Target 30.93

Weekly technical analysis of Shah Food (ShahFood)

Date Weekly Closing Price Open High Low Volume
28 Wed Jul 2021 31.90 29.00 31.90 29.00 31.5 times
23 Fri Jul 2021 27.80 26.75 27.80 26.75 1.2 times
16 Fri Jul 2021 25.50 25.50 25.50 25.50 0.021 times
09 Fri Jul 2021 24.30 22.05 24.30 22.05 1.091 times
29 Tue Jun 2021 21.00 20.00 21.00 20.00 2.136 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
28 Wed Jul 2021 31.90 22.05 31.90 22.05 0.655 times
29 Tue Jun 2021 21.00 19.85 21.00 19.85 0.341 times
28 Fri May 2021 18.95 21.80 22.00 17.15 3.516 times
30 Fri Apr 2021 22.90 27.90 27.90 22.90 2.557 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 83, 15, 69 Buy
MACD 2, -0Buy
Stochastics 100Buy
CCI 127Buy
RSI 53Buy
OBV 1206Sell
VWAP 25Buy
ADL 0Sell
ROC 60Buy
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 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 negative zone. This is the SELL zone

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 24.94 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

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Daily chart

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