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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 170

Date Daily Closing Price Open High Low Volume
01 Wed Feb 2023 30.00 30.00 30.00 30.00 1.176 times
27 Fri Jan 2023 30.00 28.30 30.00 28.30 0.353 times
24 Tue Jan 2023 28.85 28.85 28.85 28.85 0.588 times
10 Tue Jan 2023 28.85 28.85 28.85 28.85 0.118 times
16 Fri Dec 2022 28.00 28.00 28.00 28.00 0.059 times
14 Wed Dec 2022 28.00 28.00 28.00 28.00 0.035 times
13 Tue Dec 2022 28.00 28.00 28.00 28.00 0.059 times
12 Mon Dec 2022 28.55 28.55 28.55 28.55 7.724 times
05 Mon Dec 2022 28.55 28.55 28.55 28.55 0.006 times
22 Tue Nov 2022 28.55 28.55 28.55 28.55 0.529 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 30.6, for a target of 28.9 or 27.44

Share price targets for Shah Food (ShahFood)

Target Type Value
Downside Target 24.75
Downside Target 25.95
Downside Target 28.00
Downside Target 28.85
Downside Target 30.00

Intraday share price targets for Shah Food (ShahFood)

Target Type Value
Downside Intraday Target 30
Downside Intraday Target 30
Downside Intraday Target 30
Downside Intraday Target 30
Downside Intraday Target 30

Weekly technical analysis of Shah Food (ShahFood)

Date Weekly Closing Price Open High Low Volume
01 Wed Feb 2023 30.00 30.00 30.00 30.00 1.25 times
27 Fri Jan 2023 30.00 28.85 30.00 28.30 8 times
10 Tue Jan 2023 28.85 28.85 28.85 28.85 0.015 times
16 Fri Dec 2022 28.00 28.55 28.55 28.00 1339 times
05 Mon Dec 2022 28.55 28.55 28.55 28.55 0.006 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
01 Wed Feb 2023 30.00 30.00 30.00 30.00 1.111 times
27 Fri Jan 2023 30.00 28.85 30.00 28.30 0.134 times
16 Fri Dec 2022 28.00 28.55 28.55 28.00 5.607 times
22 Tue Nov 2022 28.55 25.95 28.55 25.95 0.996 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 63, 27, 41 Buy
MACD -0, -1Buy
Stochastics 100Buy
CCI 182Buy
RSI 49Sell
OBV 250Sell
VWAP 29Buy
ADL 0Sell
ROC 10Buy
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 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 Strong and stock is losing 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 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 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

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 28.77 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.

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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