(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 2022-10-10 View latest technical analysis
10 day averaged volume of Shah Food is 13
| Date | Daily Closing Price | Open | High | Low | Volume |
| 10 Mon Oct 2022 | 24.75 | 24.75 | 24.75 | 24.75 | 3.846 times |
| 07 Fri Oct 2022 | 26.00 | 26.00 | 26.00 | 26.00 | 5.385 times |
| 28 Wed Sep 2022 | 26.30 | 26.30 | 26.30 | 26.30 | 0.308 times |
| 23 Fri Sep 2022 | 26.30 | 26.30 | 26.30 | 26.30 | 0.462 times |
| 19 Mon Sep 2022 | 26.30 | 26.30 | 26.30 | 26.30 | 0.077 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 | 1 times |
| 21 Thu Jul 2022 | 26.30 | 26.30 | 26.30 | 26.30 | 0.154 times |
| 19 Tue Jul 2022 | 26.30 | 26.30 | 26.30 | 26.30 | 0.154 times |
| 07 Thu Jul 2022 | 26.30 | 26.30 | 26.30 | 26.30 | 0.077 times |
Stock of Shah Food (ShahFood) has showed a significant fall. This could be a good time to exit from this stock.
My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 25.6, but if it comes above 25.6, then a intra day buy could be more profitable.
If you take a sell trade below 25.6, then use 25.6 as stoploss and 23.8 as target. However if you take a buy trade in stock , then use 25.6 as stoploss and 27.04 as target.
Share price targets for Shah Food (ShahFood)
| Target Type | Value |
| Downside Target | 24.75 |
| Upside Target | 26.00 |
| Upside Target | 26.30 |
Intraday share price targets for Shah Food (ShahFood)
| Target Type | Value |
| Downside Intraday Target | 24.75 |
| Downside Intraday Target | 24.75 |
| Downside Intraday Target | 24.75 |
| Downside Intraday Target | 24.75 |
| Downside Intraday Target | 24.75 |
Weekly technical analysis of Shah Food (ShahFood)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 10 Mon Oct 2022 | 24.75 | 24.75 | 24.75 | 24.75 | 0.676 times |
| 07 Fri Oct 2022 | 26.00 | 26.30 | 26.30 | 26.00 | 10.571 times |
| 23 Fri Sep 2022 | 26.30 | 26.30 | 26.30 | 26.30 | 0.233 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 |
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 |
| 10 Mon Oct 2022 | 24.75 | 26.00 | 26.00 | 24.75 | 10.909 times |
| 28 Wed Sep 2022 | 26.30 | 26.30 | 26.30 | 26.30 | 0.256 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 |
Scroll below to view daily charts
Price has moved down this month, and volume has increased substantially. This means that the move can continue in coming months.
Indicators analysis of Shah Food (ShahFood)
| Indicator Name | Indicator Value | Indicator Signal |
| ADX | 12, 88, 76 | Sell |
| MACD | -3, -3 | Buy |
| Stochastics | NAN | None |
| CCI | -307 | Sell |
| RSI | 48 | Sell |
| OBV | 17 | Sell |
| VWAP | 26 | Sell |
| ADL | 0 | Sell |
| ROC | -6 | 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
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
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 BUY signal for Shah Food in short term but the buy signal is initial and weak.
Shah Food Stock in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal.
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 and SELL signal is strong!
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 selling momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 25.75 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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