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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)

10 day averaged volume of Shah Food is 44

Date Daily Closing Price Open High Low Volume
22 Tue Nov 2022 28.55 28.55 28.55 28.55 2.045 times
21 Mon Nov 2022 27.20 27.20 27.20 27.20 2.045 times
14 Mon Nov 2022 25.95 25.95 25.95 25.95 1.341 times
14 Fri Oct 2022 25.95 25.95 25.95 25.95 2.727 times
10 Mon Oct 2022 24.75 24.75 24.75 24.75 1.136 times
07 Fri Oct 2022 26.00 26.00 26.00 26.00 1.591 times
28 Wed Sep 2022 26.30 26.30 26.30 26.30 0.091 times
23 Fri Sep 2022 26.30 26.30 26.30 26.30 0.136 times
19 Mon Sep 2022 26.30 26.30 26.30 26.30 0.023 times
08 Mon Aug 2022 26.30 26.30 26.30 26.30 0.682 times

Stock of Shah Food (ShahFood) has showed a significant upmove. This could be a good time to enter in this stock!

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 28.3, for a target of 27.3 or 26.53

Share price targets for Shah Food (ShahFood)

Target Type Value
Downside Target 24.75
Downside Target 25.95
Downside Target 26.30
Downside Target 27.20
Downside Target 28.55

Intraday share price targets for Shah Food (ShahFood)

Target Type Value
Downside Intraday Target 27.65
Downside Intraday Target 26.75
Upside Intraday Target 29
Upside Intraday Target 29.45
Downside Intraday Target 28.1

Weekly technical analysis of Shah Food (ShahFood)

Date Weekly Closing Price Open High Low Volume
22 Tue Nov 2022 28.55 27.20 28.55 27.20 3.051 times
14 Mon Nov 2022 25.95 25.95 25.95 25.95 0.347 times
14 Fri Oct 2022 25.95 24.75 25.95 24.75 2.297 times
07 Fri Oct 2022 26.00 26.30 26.30 26.00 10.571 times
23 Fri Sep 2022 26.30 26.30 26.30 26.30 0.233 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 Tue Nov 2022 28.55 25.95 28.55 25.95 0.996 times
14 Fri Oct 2022 25.95 26.00 26.00 24.75 21.818 times
28 Wed Sep 2022 26.30 26.30 26.30 26.30 0.256 times
08 Mon Aug 2022 26.30 26.30 26.30 26.30 6.143 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 61, 39, 21 Buy
MACD -2, -3Buy
Stochastics 92Buy
CCI 241Buy
RSI 49Sell
OBV 117Sell
VWAP 27Buy
ADL 0Sell
ROC 9Buy
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

Price action analysis of Shah Food ( (ShahFood) ) based on a mid to longer term time period is

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 but the buy signal is initial and weak.

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 moving up

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 negative zone. This is the SELL zone

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 26.54 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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