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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 2022-09-19 View latest technical analysis

10 day averaged volume of Shah Food is 15

Date Daily Closing Price Open High Low Volume
19 Mon Sep 2022 26.30 26.30 26.30 26.30 0.067 times
08 Mon Aug 2022 26.30 26.30 26.30 26.30 2 times
01 Mon Aug 2022 26.30 26.30 26.30 26.30 0.867 times
21 Thu Jul 2022 26.30 26.30 26.30 26.30 0.133 times
19 Tue Jul 2022 26.30 26.30 26.30 26.30 0.133 times
07 Thu Jul 2022 26.30 26.30 26.30 26.30 0.067 times
04 Mon Jul 2022 26.30 26.30 26.30 26.30 0.133 times
22 Wed Jun 2022 26.30 26.30 26.30 26.30 3.133 times
02 Mon May 2022 26.25 26.25 26.25 26.25 2.667 times
29 Fri Apr 2022 27.60 27.60 27.60 27.60 0.667 times

My analysis of stock is bearish for shortterm, but stock is semi over sold and there are some chances of seeing a recovery tomorrow. Use 26 as stoploss in an intra day buy trade for a target of 28.13. However, stock will show a bearish move below 26.

Share price targets for Shah Food (ShahFood)

Target Type Value
Downside Target 26.25
Downside Target 26.30

Intraday share price targets for Shah Food (ShahFood)

Target Type Value
Downside Intraday Target 26.3
Downside Intraday Target 26.3
Downside Intraday Target 26.3
Downside Intraday Target 26.3
Downside Intraday Target 26.3

Weekly technical analysis of Shah Food (ShahFood)

Date Weekly Closing Price Open High Low Volume
19 Mon Sep 2022 26.30 26.30 26.30 26.30 0.033 times
08 Mon Aug 2022 26.30 26.30 26.30 26.30 2.308 times
01 Mon Aug 2022 26.30 26.30 26.30 26.30 3.25 times
21 Thu Jul 2022 26.30 26.30 26.30 26.30 1.333 times
07 Thu Jul 2022 26.30 26.30 26.30 26.30 0.034 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
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 6.143 times
21 Thu Jul 2022 26.30 26.30 26.30 26.30 0.149 times
22 Wed Jun 2022 26.30 26.30 26.30 26.30 1.175 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 20, 80, 61 Sell
MACD -3, -3Sell
Stochastics 4Sell
CCI -35Sell
RSI 46Sell
OBV -253Sell
VWAP 26Sell
ADL 0Sell
ROC -5Sell
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 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

ADX buy sell signal for Shah Food stock for short term is SELL. Signal strength is Strong and stock is gaining momentum.

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

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 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

Although the stock is in the SELL zone, but selling 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 26.37 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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Daily charts

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Daily chart

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