(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 2024-02-23 View latest technical analysis
10 day averaged volume of Shah Food is 416
| Date | Daily Closing Price | Open | High | Low | Volume |
| 23 Fri Feb 2024 | 176.90 | 176.90 | 176.90 | 176.90 | 0.24 times |
| 22 Thu Feb 2024 | 176.90 | 176.90 | 176.90 | 176.90 | 0.12 times |
| 21 Wed Feb 2024 | 180.50 | 180.50 | 180.50 | 180.50 | 1.202 times |
| 19 Mon Feb 2024 | 180.00 | 180.00 | 180.00 | 180.00 | 0.601 times |
| 16 Fri Feb 2024 | 183.65 | 183.65 | 183.65 | 176.45 | 4.442 times |
| 15 Thu Feb 2024 | 180.05 | 180.05 | 180.05 | 180.05 | 0.957 times |
| 14 Wed Feb 2024 | 183.70 | 183.70 | 183.70 | 183.70 | 0.228 times |
| 13 Tue Feb 2024 | 187.40 | 187.40 | 187.40 | 187.40 | 0.601 times |
| 12 Mon Feb 2024 | 191.20 | 209.05 | 209.05 | 191.20 | 0.803 times |
| 09 Fri Feb 2024 | 200.00 | 193.95 | 207.75 | 193.95 | 0.248 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 176.6 as stoploss in an intra day buy trade for a target of 183.5. However, stock will show a bearish move below 176.6.
Share price targets for Shah Food (ShahFood)
| Target Type | Value |
| Downside Target | 148.05 |
| Downside Target | 158.75 |
| Downside Target | 169.80 |
| Downside Target | 176.45 |
| Upside Target | 185.30 |
| Upside Target | 189.00 |
| Upside Target | 203.75 |
| Upside Target | 204.10 |
| Upside Target | 205.90 |
| Upside Target | 207.75 |
| Upside Target | 209.05 |
| Upside Target | 221.85 |
Intraday share price targets for Shah Food (ShahFood)
| Target Type | Value |
| Downside Intraday Target | 175.7 |
| Downside Intraday Target | 174.5 |
| Upside Intraday Target | 179.3 |
| Upside Intraday Target | 181.7 |
| Upside Intraday Target | 178.1 |
Weekly technical analysis of Shah Food (ShahFood)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 23 Fri Feb 2024 | 176.90 | 180.00 | 180.50 | 176.90 | 0.308 times |
| 16 Fri Feb 2024 | 183.65 | 209.05 | 209.05 | 176.45 | 3.449 times |
| 09 Fri Feb 2024 | 200.00 | 178.95 | 207.75 | 171.10 | 0.515 times |
| 02 Fri Feb 2024 | 171.00 | 185.45 | 189.00 | 169.80 | 15.528 times |
| 25 Thu Jan 2024 | 178.60 | 184.80 | 185.30 | 178.60 | 0.855 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 |
| 23 Fri Feb 2024 | 176.90 | 171.00 | 209.05 | 169.80 | 1.562 times |
| 30 Tue Jan 2024 | 178.70 | 171.05 | 189.00 | 159.20 | 0.617 times |
| 29 Fri Dec 2023 | 174.50 | 204.10 | 204.10 | 148.05 | 3.432 times |
| 30 Thu Nov 2023 | 214.80 | 203.75 | 221.85 | 203.75 | 0.078 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)
Price action analysis of Shah Food ( (ShahFood) ) based on a short term time period is neutral. A longer time frame might give a better analysis.
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 negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.
ADX buy sell signal for Shah Food stock for short term is SELL. Signal strength is Weak and stock is losing momentum.
MACD generated a SELL signal for Shah Food in short term and the sell signal is strong.
Shah Food Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are getting stronger in this stock.
Ichimoku cloud is of green color and prices are in or below the green 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 positive zone. This is a BUY zone
Although the stock is in the BUY zone, but buying 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 183.7 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 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 neutral. A longer time frame might give a better analysis.
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 negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.
ADX buy sell signal for Shah Food stock for short term is SELL. Signal strength is Weak and stock is losing momentum.
MACD generated a SELL signal for Shah Food in short term and the sell signal is strong.
Shah Food Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are getting stronger in this stock.
Ichimoku cloud is of green color and prices are in or below the green 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 positive zone. This is a BUY zone
Although the stock is in the BUY zone, but buying 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 183.7 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 positive
Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.
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