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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 2024-04-05 View latest technical analysis

10 day averaged volume of Shah Food is 233

Date Daily Closing Price Open High Low Volume
05 Fri Apr 2024 242.00 240.00 242.00 240.00 0.867 times
04 Thu Apr 2024 242.40 249.85 249.85 242.40 0.017 times
03 Wed Apr 2024 245.00 248.00 248.00 245.00 0.189 times
02 Tue Apr 2024 249.35 249.35 249.35 249.35 0.193 times
01 Mon Apr 2024 244.50 245.00 245.00 244.50 1.433 times
28 Thu Mar 2024 244.50 246.75 246.75 244.50 0.06 times
27 Wed Mar 2024 235.00 236.25 236.25 225.00 1.747 times
26 Tue Mar 2024 225.00 229.50 236.25 213.75 0.828 times
22 Fri Mar 2024 225.00 225.00 226.85 215.00 2 times
21 Thu Mar 2024 216.05 216.05 216.05 205.80 0.91 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 238.5, but if it comes below 238.5, then a intra day sell could be more profitable.
If you take a sell trade below 238.5, then use 238.5 as stoploss and 216.57 as target. However if you take a buy trade in stock , then use 238.5 as stoploss and 264.8 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 196.00
Downside Target 201.90
Downside Target 209.05
Downside Target 213.75
Downside Target 226.85
Downside Target 240.00
Upside Target 246.75
Upside Target 249.85

Intraday share price targets for Shah Food (ShahFood)

Target Type Value
Downside Intraday Target 238.05
Downside Intraday Target 234.1
Upside Intraday Target 247.9
Upside Intraday Target 253.8
Upside Intraday Target 243.95

Weekly technical analysis of Shah Food (ShahFood)

Date Weekly Closing Price Open High Low Volume
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
13 Wed Mar 2024 196.00 202.90 202.90 196.00 0.055 times
07 Thu Mar 2024 201.90 190.30 201.90 190.30 0.958 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
05 Fri Apr 2024 242.00 245.00 249.85 240.00 0.227 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 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)

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 term time period is negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in 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 losing momentum.

MACD generated a BUY signal for Shah Food in short term and the buy signal is strong.

Shah Food Stock is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting tired and bears are picking up momentum.

Ichimoku cloud is of green color and prices are above the green cloud Prices appear to be coming down

CCI has generated a SELL signal for Shah Food in short term but SELL signal is weak.

RSI is generating a BUY signal in short term and the buying is gaining 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 232.52 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 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 term time period is negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in 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 losing momentum.

MACD generated a BUY signal for Shah Food in short term and the buy signal is strong.

Shah Food Stock is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting tired and bears are picking up momentum.

Ichimoku cloud is of green color and prices are above the green cloud Prices appear to be coming down

CCI has generated a SELL signal for Shah Food in short term but SELL signal is weak.

RSI is generating a BUY signal in short term and the buying is gaining 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 232.52 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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