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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 2022-11-14 View latest technical analysis

10 day averaged volume of Shah Food is 30

Date Daily Closing Price Open High Low Volume
14 Mon Nov 2022 25.95 25.95 25.95 25.95 1.967 times
14 Fri Oct 2022 25.95 25.95 25.95 25.95 4 times
10 Mon Oct 2022 24.75 24.75 24.75 24.75 1.667 times
07 Fri Oct 2022 26.00 26.00 26.00 26.00 2.333 times
28 Wed Sep 2022 26.30 26.30 26.30 26.30 0.133 times
23 Fri Sep 2022 26.30 26.30 26.30 26.30 0.2 times
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 1 times
01 Mon Aug 2022 26.30 26.30 26.30 26.30 0.433 times
21 Thu Jul 2022 26.30 26.30 26.30 26.30 0.067 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 25.7 as stoploss in an intra day buy trade for a target of 26.58. However, stock will show a bearish move below 25.7.

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 25.95
Downside Intraday Target 25.95
Downside Intraday Target 25.95
Downside Intraday Target 25.95
Downside Intraday Target 25.95

Weekly technical analysis of Shah Food (ShahFood)

Date Weekly Closing Price Open High Low Volume
14 Mon Nov 2022 25.95 25.95 25.95 25.95 0.347 times
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

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
14 Mon Nov 2022 25.95 25.95 25.95 25.95 0.246 times
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

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 33, 67, 33 Sell
MACD -3, -3Buy
Stochastics 52None
CCI -21Sell
RSI 48Sell
OBV -163Sell
VWAP 26Buy
ADL 0Sell
ROC -1Sell
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

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.

MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.

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. Bulls are getting stronger in this stock.

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

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 25.85 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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Daily charts

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