(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 2021-10-22 View latest technical analysis
10 day averaged volume of Shah Food is 44
| Date | Daily Closing Price | Open | High | Low | Volume |
| 22 Fri Oct 2021 | 26.75 | 24.30 | 26.75 | 24.30 | 0.591 times |
| 21 Thu Oct 2021 | 25.55 | 25.55 | 25.55 | 25.55 | 1.136 times |
| 20 Wed Oct 2021 | 24.35 | 24.35 | 24.35 | 24.35 | 0.455 times |
| 11 Mon Oct 2021 | 23.25 | 23.25 | 23.25 | 23.25 | 0.455 times |
| 27 Mon Sep 2021 | 24.45 | 24.45 | 24.45 | 24.45 | 0.682 times |
| 24 Fri Sep 2021 | 24.45 | 24.45 | 24.45 | 24.45 | 1.182 times |
| 17 Fri Sep 2021 | 24.45 | 24.45 | 24.45 | 24.45 | 0.909 times |
| 16 Thu Sep 2021 | 25.70 | 25.70 | 25.70 | 25.70 | 0.227 times |
| 14 Tue Sep 2021 | 27.05 | 27.05 | 27.05 | 27.05 | 3.409 times |
| 08 Wed Sep 2021 | 28.45 | 28.45 | 28.45 | 28.45 | 0.455 times |
My analysis of stock is bearish for shortterm, and stock might move down till 25 or till 21.9. Use a stoploss of 27.65 and if the stock hits stoploss, then it can shoot up till 30.27
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 | 26.75 |
| 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 | 24.42 |
| Downside Intraday Target | 22.08 |
| Upside Intraday Target | 27.92 |
| Upside Intraday Target | 29.08 |
| Downside Intraday Target | 25.58 |
Weekly technical analysis of Shah Food (ShahFood)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 22 Fri Oct 2021 | 26.75 | 23.25 | 26.75 | 23.25 | 3.867 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 |
| 22 Fri Oct 2021 | 26.75 | 23.25 | 26.75 | 23.25 | 0.33 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 | 35, 52, 20 | Sell |
| MACD | -0, -0 | Sell |
| Stochastics | 44 | None |
| CCI | 32 | Buy |
| RSI | 51 | Buy |
| OBV | -357 | Sell |
| VWAP | 26 | Buy |
| ADL | 0 | Sell |
| ROC | -6 | 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
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 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 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 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 and BUY signal is strong.
RSI is generating a BUY signal in short term but buying is losing momentum.
MRSI is in positive zone. This is a BUY zone
Although the stock is in the BUY zone, but buying might be slowing down
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 25.82 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 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.
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