(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)
10 day averaged volume of Shah Food is 14
| Date | Daily Closing Price | Open | High | Low | Volume |
| 08 Mon Aug 2022 | 26.30 | 26.30 | 26.30 | 26.30 | 2.143 times |
| 01 Mon Aug 2022 | 26.30 | 26.30 | 26.30 | 26.30 | 0.929 times |
| 21 Thu Jul 2022 | 26.30 | 26.30 | 26.30 | 26.30 | 0.143 times |
| 19 Tue Jul 2022 | 26.30 | 26.30 | 26.30 | 26.30 | 0.143 times |
| 07 Thu Jul 2022 | 26.30 | 26.30 | 26.30 | 26.30 | 0.071 times |
| 04 Mon Jul 2022 | 26.30 | 26.30 | 26.30 | 26.30 | 0.143 times |
| 22 Wed Jun 2022 | 26.30 | 26.30 | 26.30 | 26.30 | 3.357 times |
| 02 Mon May 2022 | 26.25 | 26.25 | 26.25 | 26.25 | 2.857 times |
| 29 Fri Apr 2022 | 27.60 | 27.60 | 27.60 | 27.60 | 0.714 times |
| 25 Mon Apr 2022 | 27.65 | 27.65 | 27.65 | 27.65 | 0.071 times |
Stock of Shah Food (ShahFood) has showed a significant fall. This could be a good time to exit from this stock.
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 26.1 as stoploss in an intra day buy trade for a target of 28.52. However, stock will show a bearish move below 26.1.
Share price targets for Shah Food (ShahFood)
| Target Type | Value |
| Downside Target | 26.25 |
| Downside Target | 26.30 |
| Upside Target | 27.60 |
| Upside Target | 29.10 |
Intraday share price targets for Shah Food (ShahFood)
| Target Type | Value |
| Downside Intraday Target | 26.3 |
| Downside Intraday Target | 26.3 |
| Downside Intraday Target | 26.3 |
| Downside Intraday Target | 26.3 |
| Downside Intraday Target | 26.3 |
Weekly technical analysis of Shah Food (ShahFood)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 08 Mon Aug 2022 | 26.30 | 26.30 | 26.30 | 26.30 | 2.308 times |
| 01 Mon Aug 2022 | 26.30 | 26.30 | 26.30 | 26.30 | 3.25 times |
| 21 Thu Jul 2022 | 26.30 | 26.30 | 26.30 | 26.30 | 1.333 times |
| 07 Thu Jul 2022 | 26.30 | 26.30 | 26.30 | 26.30 | 0.034 times |
| 22 Wed Jun 2022 | 26.30 | 26.25 | 26.30 | 26.25 | 7.909 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 |
| 08 Mon Aug 2022 | 26.30 | 26.30 | 26.30 | 26.30 | 6.143 times |
| 21 Thu Jul 2022 | 26.30 | 26.30 | 26.30 | 26.30 | 0.149 times |
| 22 Wed Jun 2022 | 26.30 | 26.30 | 26.30 | 26.30 | 1.175 times |
| 02 Mon May 2022 | 26.25 | 26.25 | 26.25 | 26.25 | 0.44 times |
Scroll below to view daily charts
Price has moved down this month, and volume has increased substantially. This means that the move can continue in coming months.
Indicators analysis of Shah Food (ShahFood)
| Indicator Name | Indicator Value | Indicator Signal |
| ADX | 20, 82, 61 | Sell |
| MACD | -3, -3 | Sell |
| Stochastics | 3 | Sell |
| CCI | -41 | Sell |
| RSI | 46 | Sell |
| OBV | -265 | Sell |
| VWAP | 26 | Sell |
| ADL | 0 | Sell |
| ROC | -5 | Sell |
| Force Index | 0 | Sell |
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 definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.
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 SELL. Signal strength is Strong and stock is gaining 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 below 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 SELL signal in short term but selling is losing momentum.
MRSI is in negative zone. This is the SELL zone
Stock of Shah Food is picking up buying momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 26.38 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 negative.
Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.
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