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(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 19337

Date Daily Closing Price Open High Low Volume
26 Mon Sep 2022 138.30 140.00 141.05 137.50 0.31 times
23 Fri Sep 2022 141.15 143.50 144.40 140.85 0.255 times
22 Thu Sep 2022 143.15 142.10 146.40 141.90 0.215 times
21 Wed Sep 2022 142.60 146.05 146.95 141.60 0.155 times
20 Tue Sep 2022 146.10 146.70 147.70 145.60 0.396 times
19 Mon Sep 2022 144.60 148.50 150.00 143.90 1.11 times
16 Fri Sep 2022 149.40 153.60 155.05 147.00 0.437 times
15 Thu Sep 2022 154.10 157.10 158.80 153.05 0.822 times
14 Wed Sep 2022 157.70 150.00 161.85 146.00 3.637 times
13 Tue Sep 2022 152.70 149.00 153.60 149.00 2.457 times

Although my analysis for stock is bearish for shortterm, but stock is in heavy over sold zones and there are high chances of some recovery tomorrow. You might want to buy the stock tomorrow in intra day with a stoploss of 136.3, for a target of 141.9 or 146.55

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 146.50
Upside Target 147.50
Upside Target 150.00
Upside Target 152.45
Upside Target 154.00
Upside Target 155.60
Upside Target 161.85

Intraday share price targets for Shk (Shk)

Target Type Value
Downside Intraday Target 136.85
Downside Intraday Target 135.4
Upside Intraday Target 140.4
Upside Intraday Target 142.5
Upside Intraday Target 138.95

Weekly technical analysis of Shk (Shk)

Date Weekly Closing Price Open High Low Volume
26 Mon Sep 2022 138.30 140.00 141.05 137.50 0.145 times
23 Fri Sep 2022 141.15 148.50 150.00 140.85 0.271 times
16 Fri Sep 2022 149.40 149.95 161.85 146.00 1.986 times
09 Fri Sep 2022 150.00 139.30 155.60 139.30 2.934 times
02 Fri Sep 2022 142.55 139.95 146.50 139.95 0.971 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 Shk (Shk)

Date Monthly Closing Price Open High Low Volume
26 Mon Sep 2022 138.30 144.70 161.85 137.50 1.098 times
30 Tue Aug 2022 144.70 142.40 152.45 135.65 0.39 times
29 Fri 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 0.67 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 Shk (Shk)

Indicator Name Indicator Value Indicator Signal
ADX 19, 28, 20 Sell
MACD 0, 2Sell
Stochastics 4Sell
CCI -122Sell
RSI 48Sell
OBV 122538Sell
VWAP 152Sell
ADL 0Sell
ROC -6Sell
Force Index 0Sell

Price action analysis of Shk ( (Shk) ) 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 Shk ( (Shk) ) 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 Shk ( (Shk) ) based on a short to mid term time period is negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small

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 gaining momentum.

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

Shk 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 red color and prices are below the red cloud Prices appear to be coming down

CCI has generated a SELL signal for Shk in short term and SELL signal is strong!

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

MRSI is in positive zone. This is a BUY zone

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

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 152.22 and Shk (Shk) 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 Shk (Shk) stock. Volume based technical analysis of Shk (Shk) stock is negative.

Shk 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.

Click here for Shk charts

Click here for further forecast and predictions for tomorrow

Daily charts

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Daily chart

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