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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 2022-04-25 View latest technical analysis

10 day averaged volume of Shah Food is 97

Date Daily Closing Price Open High Low Volume
25 Mon Apr 2022 27.65 27.65 27.65 27.65 0.01 times
19 Tue Apr 2022 27.65 27.65 27.65 27.65 0.206 times
11 Mon Apr 2022 27.65 29.10 29.10 27.65 0.619 times
30 Wed Mar 2022 29.10 29.10 29.10 29.10 1.031 times
29 Tue Mar 2022 30.60 30.60 30.60 30.60 1.052 times
25 Fri Mar 2022 30.60 30.60 30.60 30.60 1.031 times
23 Wed Mar 2022 30.55 30.50 30.55 30.50 2.062 times
04 Fri Mar 2022 30.05 30.05 30.05 30.05 1.526 times
02 Wed Mar 2022 31.40 31.40 31.40 31.40 1.031 times
22 Tue Feb 2022 33.00 33.00 33.00 33.00 0.515 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 29.2, but if it comes above 29.2, then a intra day buy could be more profitable.
If you take a sell trade below 29.2, then use 29.2 as stoploss and 22.2 as target. However if you take a buy trade in stock , then use 29.2 as stoploss and 35.09 as target.

Share price targets for Shah Food (ShahFood)

Target Type Value
Downside Target 27.65
Upside Target 28.50
Upside Target 29.10
Upside Target 29.90
Upside Target 30.50
Upside Target 30.60
Upside Target 31.40
Upside Target 33.00
Upside Target 35.95
Upside Target 42.25
Upside Target 44.00

Intraday share price targets for Shah Food (ShahFood)

Target Type Value
Downside Intraday Target 27.65
Downside Intraday Target 27.65
Downside Intraday Target 27.65
Downside Intraday Target 27.65
Downside Intraday Target 27.65

Weekly technical analysis of Shah Food (ShahFood)

Date Weekly Closing Price Open High Low Volume
25 Mon Apr 2022 27.65 27.65 27.65 27.65 0.013 times
19 Tue Apr 2022 27.65 29.10 29.10 27.65 0.396 times
30 Wed Mar 2022 29.10 30.60 30.60 29.10 0.673 times
25 Fri Mar 2022 30.60 30.50 30.60 30.50 0.769 times
04 Fri Mar 2022 30.05 35.95 35.95 30.05 9.286 times

Price has moved down 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
25 Mon Apr 2022 27.65 29.10 29.10 27.65 0.108 times
30 Wed Mar 2022 29.10 31.40 31.40 29.10 1.265 times
22 Tue Feb 2022 33.00 42.00 44.00 33.00 0.064 times
28 Fri Jan 2022 40.15 29.90 42.25 29.90 54.094 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 22, 79, 57 Sell
MACD -3, -1Sell
Stochastics 0Sell
CCI -107Sell
RSI 46Sell
OBV -25Sell
VWAP 30Sell
ADL 0Sell
ROC -19Sell
Force Index 0Sell

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

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

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

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 SELL. Signal strength is Strong and stock is losing momentum.

MACD generated a SELL signal for Shah Food in short term and the sell signal is strong.

Shah Food Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are weakening, and bulls are picking up momentum!

Ichimoku cloud is of red color and prices are below 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 negative zone. This is the SELL 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 30.28 and Shah Food (ShahFood) stock is trading below this level. This means that stock is falling with high volumes. VWAP is falling down

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 has given negative 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

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Daily chart

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