(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 2022-06-22 View latest technical analysis
10 day averaged volume of Shah Food is 78
| Date | Daily Closing Price | Open | High | Low | Volume |
| 22 Wed Jun 2022 | 26.30 | 26.30 | 26.30 | 26.30 | 0.603 times |
| 02 Mon May 2022 | 26.25 | 26.25 | 26.25 | 26.25 | 0.513 times |
| 29 Fri Apr 2022 | 27.60 | 27.60 | 27.60 | 27.60 | 0.128 times |
| 25 Mon Apr 2022 | 27.65 | 27.65 | 27.65 | 27.65 | 0.013 times |
| 19 Tue Apr 2022 | 27.65 | 27.65 | 27.65 | 27.65 | 0.256 times |
| 11 Mon Apr 2022 | 27.65 | 29.10 | 29.10 | 27.65 | 0.769 times |
| 30 Wed Mar 2022 | 29.10 | 29.10 | 29.10 | 29.10 | 1.282 times |
| 29 Tue Mar 2022 | 30.60 | 30.60 | 30.60 | 30.60 | 1.308 times |
| 25 Fri Mar 2022 | 30.60 | 30.60 | 30.60 | 30.60 | 1.282 times |
| 23 Wed Mar 2022 | 30.55 | 30.50 | 30.55 | 30.50 | 2.564 times |
My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 27.1, but if it comes above 27.1, then a intra day buy could be more profitable.
If you take a sell trade below 27.1, then use 27.1 as stoploss and 20.3 as target. However if you take a buy trade in stock , then use 27.1 as stoploss and 32.8 as target.
Share price targets for Shah Food (ShahFood)
| Target Type | Value |
| Downside Target | 26.25 |
| Upside Target | 27.60 |
| Upside Target | 29.10 |
| Upside Target | 30.50 |
| Upside Target | 30.60 |
| Upside Target | 31.40 |
| Upside Target | 33.00 |
| Upside Target | 44.00 |
Intraday share price targets for Shah Food (ShahFood)
| Target Type | Value |
| Downside Intraday Target | 26.27 |
| Downside Intraday Target | 26.23 |
| Upside Intraday Target | 26.32 |
| Upside Intraday Target | 26.33 |
| Downside Intraday Target | 26.28 |
Weekly technical analysis of Shah Food (ShahFood)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 22 Wed Jun 2022 | 26.30 | 26.25 | 26.30 | 26.25 | 7.909 times |
| 29 Fri Apr 2022 | 27.60 | 27.65 | 27.65 | 27.60 | 0.138 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 |
Price has moved down 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 Wed Jun 2022 | 26.30 | 26.30 | 26.30 | 26.30 | 1.175 times |
| 02 Mon May 2022 | 26.25 | 26.25 | 26.25 | 26.25 | 0.44 times |
| 29 Fri Apr 2022 | 27.60 | 29.10 | 29.10 | 27.60 | 0.121 times |
| 30 Wed Mar 2022 | 29.10 | 31.40 | 31.40 | 29.10 | 1.265 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 | 19, 82, 62 | Sell |
| MACD | -3, -2 | Sell |
| Stochastics | 0 | Sell |
| CCI | -101 | Buy |
| RSI | 46 | Sell |
| OBV | -203 | Sell |
| VWAP | 29 | Sell |
| ADL | 0 | Sell |
| ROC | -12 | Sell |
| 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 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 moving up
CCI has generated a buy signal for Shah Food in short term but BUY signal is weak.
RSI is generating a SELL signal in short term and selling is picking up 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 29.42 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.
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