(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, -1 | Buy |
| Stochastics | 100 | Buy |
| CCI | 182 | Buy |
| RSI | 49 | Sell |
| OBV | 250 | Sell |
| VWAP | 29 | Buy |
| ADL | 0 | Sell |
| ROC | 10 | 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
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.
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