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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 2021-07-30 View latest technical analysis

10 day averaged volume of Shah Food is 49

Date Daily Closing Price Open High Low Volume
30 Fri Jul 2021 31.50 31.50 31.50 31.50 0.02 times
29 Thu Jul 2021 31.50 31.50 31.50 31.50 0.939 times
28 Wed Jul 2021 31.90 31.90 31.90 31.90 2.327 times
27 Tue Jul 2021 30.45 30.45 30.45 30.45 0.51 times
26 Mon Jul 2021 29.00 29.00 29.00 29.00 1.02 times
23 Fri Jul 2021 27.80 27.80 27.80 27.80 0.02 times
20 Tue Jul 2021 26.75 26.75 26.75 26.75 0.102 times
16 Fri Jul 2021 25.50 25.50 25.50 25.50 0.102 times
09 Fri Jul 2021 24.30 24.30 24.30 24.30 2.041 times
08 Thu Jul 2021 23.15 23.15 23.15 23.15 2.041 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 28.8, but if it comes below 28.8, then a intra day sell could be more profitable.
If you take a sell trade below 28.8, then use 28.8 as stoploss and 24.07 as target. However if you take a buy trade in stock , then use 28.8 as stoploss and 34.5 as target.

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
Upside Target 31.90
Upside Target 35.90

Intraday share price targets for Shah Food (ShahFood)

Target Type Value
Downside Intraday Target 29.7
Downside Intraday Target 27.9
Upside Intraday Target 32.6
Upside Intraday Target 33.7
Downside Intraday Target 30.8

Weekly technical analysis of Shah Food (ShahFood)

Date Weekly Closing Price Open High Low Volume
30 Fri Jul 2021 31.50 29.00 31.90 29.00 39.333 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
30 Fri Jul 2021 31.50 22.05 31.90 22.05 0.725 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 80, 18, 63 Buy
MACD 3, 1Buy
Stochastics 97Buy
CCI 82Sell
RSI 55Buy
OBV 1376Sell
VWAP 28Buy
ADL 0Sell
ROC 43Buy
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 coming down

CCI has generated a SELL signal for Shah Food in short term

RSI is generating a BUY signal in short term but buying is losing 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 27.66 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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