(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 2022-01-04 View latest technical analysis
10 day averaged volume of Shah Food is 98
| Date | Daily Closing Price | Open | High | Low | Volume |
| 04 Tue Jan 2022 | 29.90 | 29.90 | 29.90 | 29.90 | 4.796 times |
| 03 Mon Jan 2022 | 29.90 | 29.90 | 29.90 | 29.90 | 5.612 times |
| 30 Thu Dec 2021 | 28.50 | 28.50 | 28.50 | 28.50 | 1.122 times |
| 16 Thu Dec 2021 | 28.50 | 28.50 | 28.50 | 28.50 | 0.102 times |
| 15 Wed Dec 2021 | 28.50 | 28.50 | 28.50 | 28.50 | 0.01 times |
| 09 Thu Dec 2021 | 29.95 | 29.95 | 29.95 | 29.95 | 0.51 times |
| 17 Wed Nov 2021 | 28.55 | 28.55 | 28.55 | 28.55 | 0.408 times |
| 11 Thu Nov 2021 | 27.25 | 27.25 | 27.25 | 27.25 | 0.765 times |
| 10 Wed Nov 2021 | 28.35 | 28.35 | 28.35 | 28.35 | 0.255 times |
| 26 Tue Oct 2021 | 28.35 | 28.35 | 28.35 | 28.35 | 1.031 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 bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 29.1, but if it comes below 29.1, then a intra day sell could be more profitable.
If you take a sell trade below 29.1, then use 29.1 as stoploss and 27.04 as target. However if you take a buy trade in stock , then use 29.1 as stoploss and 31.5 as target.
Share price targets for Shah Food (ShahFood)
| Target Type | Value |
| Downside Target | 23.25 |
| Downside Target | 24.45 |
| Downside Target | 27.00 |
| Downside Target | 28.35 |
| Downside Target | 28.55 |
| Downside Target | 29.90 |
| Upside Target | 29.95 |
Intraday share price targets for Shah Food (ShahFood)
| Target Type | Value |
| Downside Intraday Target | 29.9 |
| Downside Intraday Target | 29.9 |
| Downside Intraday Target | 29.9 |
| Downside Intraday Target | 29.9 |
| Downside Intraday Target | 29.9 |
Weekly technical analysis of Shah Food (ShahFood)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 04 Tue Jan 2022 | 29.90 | 29.90 | 29.90 | 29.90 | 9.273 times |
| 30 Thu Dec 2021 | 28.50 | 28.50 | 28.50 | 28.50 | 10 times |
| 16 Thu Dec 2021 | 28.50 | 28.50 | 28.50 | 28.50 | 0.122 times |
| 09 Thu Dec 2021 | 29.95 | 28.55 | 29.95 | 28.55 | 0.417 times |
| 11 Thu Nov 2021 | 27.25 | 27.00 | 28.35 | 27.00 | 1.862 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 |
| 04 Tue Jan 2022 | 29.90 | 29.90 | 29.90 | 29.90 | 5.965 times |
| 30 Thu Dec 2021 | 28.50 | 29.95 | 29.95 | 28.50 | 1.221 times |
| 17 Wed Nov 2021 | 28.55 | 28.35 | 28.55 | 27.25 | 0.603 times |
| 26 Tue Oct 2021 | 28.35 | 23.25 | 28.35 | 23.25 | 0.659 times |
Scroll below to view daily charts
Price has moved up 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 | 56, 39, 18 | Buy |
| MACD | 1, 1 | Buy |
| Stochastics | 90 | Buy |
| CCI | 109 | Sell |
| RSI | 49 | Sell |
| OBV | 556 | Sell |
| VWAP | 29 | Buy |
| ADL | 0 | Sell |
| ROC | 11 | Buy |
| 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 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 BUY. 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 stronger in this stock.
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
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 29.47 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 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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