[moreButton]
 Learn then Earn

Daily Technical Analysis Weekly Analysis Monthly Analysis Renko chart MACD chart Bollinger Bands chart Stochastics charts Force Index charts

(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 2021-08-25 View latest technical analysis

10 day averaged volume of Shah Food is 55

Date Daily Closing Price Open High Low Volume
25 Wed Aug 2021 29.90 29.90 29.90 29.90 1.345 times
06 Fri Aug 2021 28.50 28.50 28.50 28.50 0.055 times
04 Wed Aug 2021 28.50 28.50 28.50 28.50 3.636 times
02 Mon Aug 2021 29.95 29.95 29.95 29.95 1.818 times
30 Fri Jul 2021 31.50 31.50 31.50 31.50 0.018 times
29 Thu Jul 2021 31.50 31.50 31.50 31.50 0.836 times
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

My analysis of stock is bullish for shortterm, but stock is in semi over bought zones and there are some chances of seeing a fall tomorrow. Use 30.3 as stoploss in an intra day sell trade for a target of 26.21. However, stock will show a bullish move above 30.3.

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 25.50
Downside Target 26.75
Downside Target 27.80
Downside Target 28.50
Downside Target 29.90
Upside Target 29.95
Upside Target 31.90

Intraday share price targets for Shah Food (ShahFood)

Target Type Value
Downside Intraday Target 29.9
Downside Intraday Target 29.9
Downside Intraday Target 29.9
Downside Intraday Target 29.9
Downside Intraday Target 29.9

Weekly technical analysis of Shah Food (ShahFood)

Date Weekly Closing Price Open High Low Volume
25 Wed Aug 2021 29.90 29.90 29.90 29.90 0.244 times
06 Fri Aug 2021 28.50 29.95 29.95 28.50 1.284 times
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

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
25 Wed Aug 2021 29.90 29.95 29.95 28.50 0.774 times
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

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 64, 34, 30 Buy
MACD 3, 2Buy
Stochastics 44None
CCI -0Buy
RSI 53Buy
OBV 697Sell
VWAP 30Buy
ADL 0Sell
ROC 12Buy
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 negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this 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 in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. Bears are getting stronger in this stock.

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 but BUY signal is weak.

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 29.88 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

Daily analysis, news, Munafa stocks list in email:

Back to top | Use Dark Theme