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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)

10 day averaged volume of Shah Food is 109

Date Daily Closing Price Open High Low Volume
19 Fri Apr 2024 255.00 255.90 255.90 255.00 0.138 times
18 Thu Apr 2024 250.90 250.90 250.90 250.90 0.211 times
15 Mon Apr 2024 250.90 250.90 250.90 250.90 0.092 times
12 Fri Apr 2024 246.00 246.80 246.80 246.00 0.018 times
05 Fri Apr 2024 242.00 240.00 242.00 240.00 1.853 times
04 Thu Apr 2024 242.40 249.85 249.85 242.40 0.037 times
03 Wed Apr 2024 245.00 248.00 248.00 245.00 0.404 times
02 Tue Apr 2024 249.35 249.35 249.35 249.35 0.413 times
01 Mon Apr 2024 244.50 245.00 245.00 244.50 3.064 times
28 Thu Mar 2024 244.50 246.75 246.75 244.50 0.128 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 249.6, but if it comes below 249.6, then a intra day sell could be more profitable.
If you take a sell trade below 249.6, then use 249.6 as stoploss and 228.46 as target. However if you take a buy trade in stock , then use 249.6 as stoploss and 274.9 as target.

Share price targets for Shah Food (ShahFood)

Target Type Value
Downside Target 148.05
Downside Target 159.20
Downside Target 169.80
Downside Target 186.20
Downside Target 204.10
Downside Target 209.05
Downside Target 213.75
Downside Target 226.85
Downside Target 240.00
Downside Target 246.00
Downside Target 246.80
Downside Target 249.85
Downside Target 250.90
Upside Target 255.90

Intraday share price targets for Shah Food (ShahFood)

Target Type Value
Downside Intraday Target 251.97
Downside Intraday Target 248.93
Upside Intraday Target 256.97
Upside Intraday Target 258.93
Downside Intraday Target 253.93

Weekly technical analysis of Shah Food (ShahFood)

Date Weekly Closing Price Open High Low Volume
19 Fri Apr 2024 255.00 250.90 255.90 250.90 24 times
12 Fri Apr 2024 246.00 246.80 246.80 246.00 0.003 times
05 Fri Apr 2024 242.00 245.00 249.85 240.00 1.024 times
28 Thu Mar 2024 244.50 229.50 246.75 213.75 0.477 times
22 Fri Mar 2024 225.00 186.20 226.85 186.20 32.2 times

Price has moved up 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
19 Fri Apr 2024 255.00 245.00 255.90 240.00 0.245 times
28 Thu Mar 2024 244.50 190.30 246.75 186.20 0.508 times
29 Thu Feb 2024 190.30 171.00 209.05 169.80 1.776 times
30 Tue Jan 2024 178.70 171.05 189.00 159.20 0.617 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)

Price action analysis of Shah Food ( (ShahFood) ) based on a short term time period is positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.

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 positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the 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 BUY. Signal strength is Strong and stock is gaining momentum.

MACD generated a BUY signal for Shah Food in short term and the buy 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 HIGHS, which reflects strong buying momentum in short term! Bulls are getting stronger in this stock.

Ichimoku cloud is of green color and prices are above the green cloud Prices appear to be moving up

CCI has generated a buy signal for Shah Food in short term and BUY signal is strong.

RSI is generating a BUY signal in short term but buying is losing 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 244.64 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 is giving positive returns over a short term period. Returns for a longer term period have been positive

Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.

Price action analysis of Shah Food ( (ShahFood) ) based on a short term time period is positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.

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 positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the 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 BUY. Signal strength is Strong and stock is gaining momentum.

MACD generated a BUY signal for Shah Food in short term and the buy 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 HIGHS, which reflects strong buying momentum in short term! Bulls are getting stronger in this stock.

Ichimoku cloud is of green color and prices are above the green cloud Prices appear to be moving up

CCI has generated a buy signal for Shah Food in short term and BUY signal is strong.

RSI is generating a BUY signal in short term but buying is losing 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 244.64 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 is giving positive returns over a short term period. Returns for a longer term period have been positive

Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.

Click here for Shah Food charts

Click here for further forecast and predictions for tomorrow

Daily charts

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Daily chart
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