[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 2021-09-17 View latest technical analysis

10 day averaged volume of Shah Food is 76

Date Daily Closing Price Open High Low Volume
17 Fri Sep 2021 24.45 24.45 24.45 24.45 0.526 times
16 Thu Sep 2021 25.70 25.70 25.70 25.70 0.132 times
14 Tue Sep 2021 27.05 27.05 27.05 27.05 1.974 times
08 Wed Sep 2021 28.45 28.45 28.45 28.45 0.263 times
01 Wed Sep 2021 28.45 28.45 28.45 28.45 0.658 times
31 Tue Aug 2021 28.45 28.45 28.45 28.45 1.316 times
26 Thu Aug 2021 29.90 29.90 29.90 29.90 0.658 times
25 Wed Aug 2021 29.90 29.90 29.90 29.90 0.974 times
06 Fri Aug 2021 28.50 28.50 28.50 28.50 0.039 times
04 Wed Aug 2021 28.50 28.50 28.50 28.50 2.632 times

Although my analysis for stock is bearish for shortterm, but stock is in heavy over sold zones and there are high chances of some recovery tomorrow. You might want to buy the stock tomorrow in intra day with a stoploss of 23.6, for a target of 26.2 or 28.4

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 24.45
Upside Target 27.05
Upside Target 28.45
Upside Target 28.50
Upside 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 23.58
Downside Intraday Target 22.72
Upside Intraday Target 26.18
Upside Intraday Target 27.92
Upside Intraday Target 25.32

Weekly technical analysis of Shah Food (ShahFood)

Date Weekly Closing Price Open High Low Volume
17 Fri Sep 2021 24.45 27.05 27.05 24.45 10 times
08 Wed Sep 2021 28.45 28.45 28.45 28.45 0.133 times
01 Wed Sep 2021 28.45 28.45 28.45 28.45 1.21 times
26 Thu Aug 2021 29.90 29.90 29.90 29.90 0.409 times
06 Fri Aug 2021 28.50 29.95 29.95 28.50 1.284 times

Price has moved down 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
17 Fri Sep 2021 24.45 28.45 28.45 24.45 0.512 times
31 Tue Aug 2021 28.45 29.95 29.95 28.45 1.082 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

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 33, 66, 34 Sell
MACD 1, 2Sell
Stochastics 0Sell
CCI -176Sell
RSI 51Buy
OBV -172Sell
VWAP 28Sell
ADL 0Sell
ROC -18Sell
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

ADX buy sell signal for Shah Food stock for short term is SELL. Signal strength is Strong and stock is gaining momentum.

MACD generated a SELL signal for Shah Food in short term but the sell signal is initial and weak.

Shah Food Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are weakening, and bulls 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 and SELL signal is strong!

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 28.15 and Shah Food (ShahFood) stock is trading below this level. This means that stock is falling with high volumes. VWAP is falling down

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 has given negative 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