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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 7941

Date Daily Closing Price Open High Low Volume
27 Fri May 2022 129.70 131.00 131.40 129.00 0.767 times
26 Thu May 2022 129.35 132.00 132.00 128.25 1.431 times
25 Wed May 2022 131.95 137.15 137.95 130.00 0.645 times
24 Tue May 2022 135.90 139.00 139.00 135.40 0.594 times
23 Mon May 2022 136.40 137.00 137.20 134.40 0.832 times
20 Fri May 2022 135.75 136.30 136.30 129.60 1.648 times
19 Thu May 2022 132.75 134.00 136.50 132.40 0.937 times
18 Wed May 2022 137.85 137.95 139.50 137.35 1.319 times
17 Tue May 2022 137.35 134.70 137.85 133.50 0.935 times
16 Mon May 2022 133.55 131.50 134.10 130.00 0.564 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 130.3, but if it comes above 130.3, then a intra day buy could be more profitable.
If you take a sell trade below 130.3, then use 130.3 as stoploss and 121.8 as target. However if you take a buy trade in stock , then use 130.3 as stoploss and 137.35 as target.

Share price targets for Shk (Shk)

Target Type Value
Downside Target 128.25
Upside Target 135.50
Upside Target 148.05
Upside Target 153.05
Upside Target 153.45
Upside Target 154.00
Upside Target 164.75
Upside Target 165.40
Upside Target 166.50
Upside Target 171.40

Intraday share price targets for Shk (Shk)

Target Type Value
Downside Intraday Target 125.63
Downside Intraday Target 121.57
Upside Intraday Target 136.38
Upside Intraday Target 143.07
Upside Intraday Target 132.32

Weekly technical analysis of Shk (Shk)

Date Weekly Closing Price Open High Low Volume
27 Fri May 2022 129.70 137.00 139.00 128.25 0.79 times
20 Fri May 2022 135.75 131.50 139.50 129.60 0.188 times
13 Fri May 2022 130.05 138.00 141.95 128.45 1.938 times
06 Fri May 2022 141.00 152.75 154.00 138.50 1.726 times
29 Fri Apr 2022 155.05 156.50 164.75 153.45 0.323 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
27 Fri May 2022 129.70 152.75 154.00 128.25 0.852 times
29 Fri Apr 2022 155.05 142.45 166.50 140.25 0.341 times
31 Thu Mar 2022 143.55 152.90 153.05 135.50 4.093 times
28 Mon Feb 2022 145.25 165.40 165.40 136.35 0.543 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 12, 35, 47 Sell
MACD -8, -7Sell
Stochastics 18Sell
CCI -123Buy
RSI 47Sell
OBV -290091Sell
VWAP 134Sell
ADL 0Sell
ROC -0Sell
Force Index 0Sell

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

MACD generated a SELL signal for Shk in short term and the sell signal is strong.

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 in or above the red cloud Prices appear to be moving up

CCI has generated a buy signal for Shk in short term but BUY signal is weak.

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

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 134.16 and Shk (Shk) stock is trading below this level. This means that stock is falling with high volumes. VWAP is rising upwards.

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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