(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 2022-10-14 View latest technical analysis
10 day averaged volume of Shah Food is 18
| Date | Daily Closing Price | Open | High | Low | Volume |
| 14 Fri Oct 2022 | 25.95 | 25.95 | 25.95 | 25.95 | 6.667 times |
| 10 Mon Oct 2022 | 24.75 | 24.75 | 24.75 | 24.75 | 2.778 times |
| 07 Fri Oct 2022 | 26.00 | 26.00 | 26.00 | 26.00 | 3.889 times |
| 28 Wed Sep 2022 | 26.30 | 26.30 | 26.30 | 26.30 | 0.222 times |
| 23 Fri Sep 2022 | 26.30 | 26.30 | 26.30 | 26.30 | 0.333 times |
| 19 Mon Sep 2022 | 26.30 | 26.30 | 26.30 | 26.30 | 0.056 times |
| 08 Mon Aug 2022 | 26.30 | 26.30 | 26.30 | 26.30 | 1.667 times |
| 01 Mon Aug 2022 | 26.30 | 26.30 | 26.30 | 26.30 | 0.722 times |
| 21 Thu Jul 2022 | 26.30 | 26.30 | 26.30 | 26.30 | 0.111 times |
| 19 Tue Jul 2022 | 26.30 | 26.30 | 26.30 | 26.30 | 0.111 times |
Stock of Shah Food (ShahFood) has showed a significant upmove. This could be a good time to enter in this stock!
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 25.6 as stoploss in an intra day buy trade for a target of 26.81. However, stock will show a bearish move below 25.6.
Share price targets for Shah Food (ShahFood)
| Target Type | Value |
| Downside Target | 24.75 |
| Downside Target | 25.95 |
| Upside Target | 26.30 |
Intraday share price targets for Shah Food (ShahFood)
| Target Type | Value |
| Downside Intraday Target | 25.15 |
| Downside Intraday Target | 24.35 |
| Upside Intraday Target | 26.35 |
| Upside Intraday Target | 26.75 |
| Downside Intraday Target | 25.55 |
Weekly technical analysis of Shah Food (ShahFood)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 14 Fri Oct 2022 | 25.95 | 24.75 | 25.95 | 24.75 | 2.297 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, 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 |
| 14 Fri Oct 2022 | 25.95 | 26.00 | 26.00 | 24.75 | 21.818 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 | 34, 66, 32 | Sell |
| MACD | -3, -3 | Buy |
| Stochastics | 26 | Sell |
| CCI | -28 | Buy |
| RSI | 48 | Sell |
| OBV | -63 | Sell |
| VWAP | 26 | Buy |
| ADL | 0 | Sell |
| ROC | -1 | 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 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 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 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 25.83 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 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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