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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 2021-10-21 View latest technical analysis

10 day averaged volume of Shah Food is 49

Date Daily Closing Price Open High Low Volume
21 Thu Oct 2021 25.55 25.55 25.55 25.55 1.02 times
20 Wed Oct 2021 24.35 24.35 24.35 24.35 0.408 times
11 Mon Oct 2021 23.25 23.25 23.25 23.25 0.408 times
27 Mon Sep 2021 24.45 24.45 24.45 24.45 0.612 times
24 Fri Sep 2021 24.45 24.45 24.45 24.45 1.061 times
17 Fri Sep 2021 24.45 24.45 24.45 24.45 0.816 times
16 Thu Sep 2021 25.70 25.70 25.70 25.70 0.204 times
14 Tue Sep 2021 27.05 27.05 27.05 27.05 3.061 times
08 Wed Sep 2021 28.45 28.45 28.45 28.45 0.408 times
01 Wed Sep 2021 28.45 28.45 28.45 28.45 1.02 times

My analysis of stock is bearish for shortterm, but stock is semi over sold and there are some chances of seeing a recovery tomorrow. Use 25.2 as stoploss in an intra day buy trade for a target of 27.84. However, stock will show a bearish move below 25.2.

Share price targets for Shah Food (ShahFood)

Target Type Value
Downside Target 19.85
Downside Target 21.00
Downside Target 22.05
Downside Target 23.25
Downside Target 24.45
Downside Target 25.55
Upside Target 27.05
Upside Target 28.45
Upside Target 29.95
Upside Target 31.90

Intraday share price targets for Shah Food (ShahFood)

Target Type Value
Downside Intraday Target 24.02
Downside Intraday Target 22.48
Upside Intraday Target 26.32
Upside Intraday Target 27.08
Downside Intraday Target 24.78

Weekly technical analysis of Shah Food (ShahFood)

Date Weekly Closing Price Open High Low Volume
21 Thu Oct 2021 25.55 23.25 25.55 23.25 3 times
27 Mon Sep 2021 24.45 24.45 24.45 24.45 0.577 times
24 Fri Sep 2021 24.45 24.45 24.45 24.45 0.26 times
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

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
21 Thu Oct 2021 25.55 23.25 25.55 23.25 0.256 times
27 Mon Sep 2021 24.45 28.45 28.45 24.45 0.668 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

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 46, 53, 7 Sell
MACD -1, 0Sell
Stochastics 22Sell
CCI -3Buy
RSI 51Buy
OBV -333Sell
VWAP 26Sell
ADL 0Sell
ROC -10Sell
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 SELL. Signal strength is Weak and stock is losing momentum.

MACD generated a SELL signal for Shah Food in short term and the sell 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 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 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 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 26.06 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

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Daily charts

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Daily chart

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