Mobile app version of munafa.co.com
Login or Join
 Learn then Earn

Daily Technical Analysis Weekly Analysis Monthly Analysis Renko chart MACD chart Bollinger Bands chart Stochastics charts Force Index charts

(Shk) Shk complete technical analysis [charts+indicators] | Buy/Sell Shk | (Shk) share price targets

Complete technical analysis of Shk (Shk) by charts plus indicators, forecast predictions and share price targets for Shk (Shk)

10 day averaged volume of Shk is 16060

Date Daily Closing Price Open High Low Volume
12 Fri Aug 2022 140.20 140.40 140.75 139.90 0.235 times
11 Thu Aug 2022 140.00 139.80 141.50 139.00 0.122 times
10 Wed Aug 2022 139.30 138.00 141.55 135.65 7.422 times
08 Mon Aug 2022 139.90 139.40 140.85 138.90 0.629 times
05 Fri Aug 2022 138.70 140.65 140.65 138.10 0.346 times
04 Thu Aug 2022 139.65 142.30 142.30 138.05 0.072 times
03 Wed Aug 2022 141.05 141.00 145.55 139.05 0.732 times
02 Tue Aug 2022 140.70 142.00 142.90 140.60 0.118 times
01 Mon Aug 2022 140.65 142.40 142.40 139.30 0.177 times
30 Sat Jul 2022 139.15 140.10 141.45 139.05 0.192 times

My analysis of stock is bearish for shortterm, and stock might move down till 138.5 or till 135.9. Use a stoploss of 140.64 and if the stock hits stoploss, then it can shoot up till 142.82

Share price targets for Shk (Shk)

Target Type Value
Downside Target 119.00
Downside Target 125.95
Downside Target 135.65
Upside Target 145.20
Upside Target 145.55
Upside Target 147.00
Upside Target 147.50
Upside Target 154.00
Upside Target 166.50

Intraday share price targets for Shk (Shk)

Target Type Value
Downside Intraday Target 136.72
Downside Intraday Target 133.23
Upside Intraday Target 142.62
Upside Intraday Target 145.03
Downside Intraday Target 139.13

Weekly technical analysis of Shk (Shk)

Date Weekly Closing Price Open High Low Volume
12 Fri Aug 2022 140.20 139.40 141.55 135.65 5.821 times
05 Fri Aug 2022 138.70 142.40 145.55 138.05 0.73 times
30 Sat Jul 2022 139.15 141.70 147.00 138.50 0.853 times
22 Fri Jul 2022 140.50 140.00 147.50 137.30 1.611 times
15 Fri Jul 2022 137.25 138.50 139.15 119.00 0.04 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 Shk (Shk)

Date Monthly Closing Price Open High Low Volume
12 Fri Aug 2022 140.20 142.40 145.55 135.65 0.236 times
30 Sat Jul 2022 139.15 134.90 147.50 119.00 2.575 times
30 Thu Jun 2022 134.90 144.80 145.20 125.95 0.581 times
31 Tue May 2022 129.85 152.75 154.00 127.70 0.906 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 Shk (Shk)

Indicator Name Indicator Value Indicator Signal
ADX 14, 18, 11 Sell
MACD 1, 2Sell
Stochastics 42None
CCI 5Buy
RSI 50Sell
OBV -79573Sell
VWAP 140Buy
ADL 0Sell
ROC 0Buy
Force Index 0Sell

Price action analysis of Shk ( (Shk) ) 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 Shk ( (Shk) ) based on a short term time period is positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.

Price action analysis of Shk ( (Shk) ) based on a short to mid 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 Shk ( (Shk) ) 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 Shk stock for short term is SELL. Signal strength is Weak and stock is losing momentum.

MACD generated a SELL signal for Shk in short term but the sell signal is initial and weak.

Shk 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. Bears are weakening, and bulls are picking up momentum!

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 Shk in short term and BUY signal is strong.

RSI is generating a SELL signal in short term and selling is picking up momentum.

MRSI is in negative zone. This is the SELL zone

Although the stock is in the SELL zone, but selling might be slowing down

Stock of Shk is picking up selling momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 139.51 and Shk (Shk) stock is trading above this level. This is a good sign for the stock and it could move higher. VWAP is falling down

People seem to be coming out and selling the Shk (Shk) stock. Volume based technical analysis of Shk (Shk) stock is negative.

Shk 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 Shk charts

Click here for further forecast and predictions for tomorrow

Daily charts

Daily Technical Analysis Weekly Analysis Monthly Analysis Renko chart MACD chart Bollinger Bands chart Stochastics charts Force Index charts

Daily chart

Daily analysis, news, Munafa stocks list in email:

Back to top | Use Dark Theme