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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 2021-11-11 View latest technical analysis

10 day averaged volume of Shah Food is 38

Date Daily Closing Price Open High Low Volume
11 Thu Nov 2021 27.25 27.25 27.25 27.25 1.974 times
10 Wed Nov 2021 28.35 28.35 28.35 28.35 0.658 times
26 Tue Oct 2021 28.35 28.35 28.35 28.35 2.658 times
25 Mon Oct 2021 27.00 27.00 27.00 27.00 0.395 times
22 Fri Oct 2021 26.75 24.30 26.75 24.30 0.684 times
21 Thu Oct 2021 25.55 25.55 25.55 25.55 1.316 times
20 Wed Oct 2021 24.35 24.35 24.35 24.35 0.526 times
11 Mon Oct 2021 23.25 23.25 23.25 23.25 0.526 times
27 Mon Sep 2021 24.45 24.45 24.45 24.45 0.789 times
24 Fri Sep 2021 24.45 24.45 24.45 24.45 1.368 times

My analysis of stock is bullish for shortterm, and stock might move up till 28.9 or till 31.2. Use a stoploss of 26.96 and if this stock hits its stoploss, then it can fall down till 25.01

Share price targets for Shah Food (ShahFood)

Target Type Value
Downside Target 22.05
Downside Target 23.25
Downside Target 24.45
Downside Target 26.75
Downside Target 27.25
Upside Target 28.35
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 26.72
Downside Intraday Target 26.18
Upside Intraday Target 28.07
Upside Intraday Target 28.88
Upside Intraday Target 27.53

Weekly technical analysis of Shah Food (ShahFood)

Date Weekly Closing Price Open High Low Volume
11 Thu Nov 2021 27.25 27.00 28.35 27.00 1.862 times
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

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
11 Thu Nov 2021 27.25 28.35 28.35 27.25 0.431 times
26 Tue Oct 2021 28.35 23.25 28.35 23.25 0.659 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

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 41, 52, 12 Sell
MACD 0, 0Buy
Stochastics 93Buy
CCI 61Sell
RSI 49Sell
OBV -409Sell
VWAP 26Buy
ADL 0Sell
ROC 11Buy
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 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.

Price action analysis of Shah Food ( (ShahFood) ) based on a short to mid 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.

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 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 is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting tired and bears 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 but SELL signal is weak.

RSI is generating a SELL signal in short term but selling 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 26.45 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.

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Daily charts

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