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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 2022-01-05 View latest technical analysis

10 day averaged volume of Shah Food is 143

Date Daily Closing Price Open High Low Volume
05 Wed Jan 2022 29.90 29.95 29.95 29.90 6.294 times
04 Tue Jan 2022 29.90 29.90 29.90 29.90 3.287 times
03 Mon Jan 2022 29.90 29.90 29.90 29.90 3.846 times
30 Thu Dec 2021 28.50 28.50 28.50 28.50 0.769 times
16 Thu Dec 2021 28.50 28.50 28.50 28.50 0.07 times
15 Wed Dec 2021 28.50 28.50 28.50 28.50 0.007 times
09 Thu Dec 2021 29.95 29.95 29.95 29.95 0.35 times
17 Wed Nov 2021 28.55 28.55 28.55 28.55 0.28 times
11 Thu Nov 2021 27.25 27.25 27.25 27.25 0.524 times
10 Wed Nov 2021 28.35 28.35 28.35 28.35 0.175 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 29.3, but if it comes below 29.3, then a intra day sell could be more profitable.
If you take a sell trade below 29.3, then use 29.3 as stoploss and 27.18 as target. However if you take a buy trade in stock , then use 29.3 as stoploss and 31.9 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 29.88
Downside Intraday Target 29.87
Upside Intraday Target 29.93
Upside Intraday Target 29.97
Upside Intraday Target 29.92

Weekly technical analysis of Shah Food (ShahFood)

Date Weekly Closing Price Open High Low Volume
05 Wed Jan 2022 29.90 29.90 29.95 29.90 17.455 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
05 Wed Jan 2022 29.90 29.90 29.95 29.90 11.228 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 57, 39, 18 Buy
MACD 1, 1Buy
Stochastics 98Buy
CCI 83Buy
RSI 49Sell
OBV 556Sell
VWAP 30Buy
ADL 0Sell
ROC 5Buy
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 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 buy signal for Shah Food in short term and BUY signal is strong.

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

MRSI is in positive zone. This is a BUY 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 29.69 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.

Click here for Shah Food charts

Click here for further forecast and predictions for tomorrow

Daily charts

Daily Technical Analysis Weekly Analysis Monthly Analysis Renko chart MACD chart Bollinger Bands chart Stochastics charts Force Index charts

Daily chart

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