(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 2022-01-20 View latest technical analysis
10 day averaged volume of Shah Food is 906
| Date | Daily Closing Price | Open | High | Low | Volume |
| 20 Thu Jan 2022 | 42.25 | 42.25 | 42.25 | 42.25 | 0.11 times |
| 19 Wed Jan 2022 | 40.25 | 40.25 | 40.25 | 40.25 | 0.425 times |
| 17 Mon Jan 2022 | 38.35 | 38.35 | 38.35 | 38.35 | 0.114 times |
| 14 Fri Jan 2022 | 36.55 | 36.55 | 36.55 | 36.55 | 0.055 times |
| 12 Wed Jan 2022 | 34.85 | 34.85 | 34.85 | 34.85 | 0.552 times |
| 11 Tue Jan 2022 | 34.05 | 32.95 | 34.05 | 32.95 | 1.905 times |
| 10 Mon Jan 2022 | 32.45 | 32.45 | 32.45 | 32.45 | 4.238 times |
| 07 Fri Jan 2022 | 31.35 | 31.35 | 31.35 | 31.00 | 0.596 times |
| 05 Wed Jan 2022 | 29.90 | 29.95 | 29.95 | 29.90 | 0.993 times |
| 04 Tue Jan 2022 | 29.90 | 29.90 | 29.90 | 29.90 | 0.519 times |
Although my analysis for stock is bullish for shortterm, but stock is over bought and there are high chances of some profit booking tomorrow. You might want to sell the stock tomorrow in intra day with a stoploss of 41.4, for a target of 36.1 or 31.74
Share price targets for Shah Food (ShahFood)
| Target Type | Value |
| Downside Target | 23.25 |
| Downside Target | 24.45 |
| Downside Target | 27.25 |
| Downside Target | 28.35 |
| Downside Target | 29.90 |
| Downside Target | 29.95 |
| Downside Target | 31.35 |
| Downside Target | 32.45 |
| Downside Target | 36.55 |
| Downside Target | 38.35 |
| Downside Target | 42.25 |
Intraday share price targets for Shah Food (ShahFood)
| Target Type | Value |
| Downside Intraday Target | 39.65 |
| Downside Intraday Target | 37.05 |
| Upside Intraday Target | 43.55 |
| Upside Intraday Target | 44.85 |
| Downside Intraday Target | 40.95 |
Weekly technical analysis of Shah Food (ShahFood)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 20 Thu Jan 2022 | 42.25 | 38.35 | 42.25 | 38.35 | 0.096 times |
| 14 Fri Jan 2022 | 36.55 | 32.45 | 36.55 | 32.45 | 2.486 times |
| 07 Fri Jan 2022 | 31.35 | 29.90 | 31.35 | 29.90 | 22.364 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 |
Price has moved up this week, but volume has not increased substantially. This means that the move can be temporary and might not continue in coming weeks.
Monthly technical analysis of Shah Food (ShahFood)
| Date | Monthly Closing Price | Open | High | Low | Volume |
| 20 Thu Jan 2022 | 42.25 | 29.90 | 42.25 | 29.90 | 53.591 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 | 88, 10, 79 | Buy |
| MACD | 6, 4 | Buy |
| Stochastics | 100 | Buy |
| CCI | 138 | Buy |
| RSI | 54 | Buy |
| OBV | 7950 | Sell |
| VWAP | 33 | Buy |
| ADL | 0 | Sell |
| ROC | 41 | 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 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 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 BUY. Signal strength is Strong 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 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 and the buying is gaining 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 32.99 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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