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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 10228

Date Daily Closing Price Open High Low Volume
29 Thu Sep 2022 139.95 145.90 146.05 138.85 0.684 times
28 Wed Sep 2022 142.65 141.95 146.60 137.80 1.624 times
27 Tue Sep 2022 139.10 138.05 142.10 137.75 1.381 times
26 Mon Sep 2022 138.30 140.00 141.05 137.50 0.585 times
23 Fri Sep 2022 141.15 143.50 144.40 140.85 0.483 times
22 Thu Sep 2022 143.15 142.10 146.40 141.90 0.406 times
21 Wed Sep 2022 142.60 146.05 146.95 141.60 0.294 times
20 Tue Sep 2022 146.10 146.70 147.70 145.60 0.75 times
19 Mon Sep 2022 144.60 148.50 150.00 143.90 2.099 times
16 Fri Sep 2022 149.40 153.60 155.05 147.00 0.826 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 141.1, but if it comes above 141.1, then a intra day buy could be more profitable.
If you take a sell trade below 141.1, then use 141.1 as stoploss and 135 as target. However if you take a buy trade in stock , then use 141.1 as stoploss and 146.13 as target.

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 146.60
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 136.1
Downside Intraday Target 132.25
Upside Intraday Target 145.2
Upside Intraday Target 150.45
Upside Intraday Target 141.35

Weekly technical analysis of Shk (Shk)

Date Weekly Closing Price Open High Low Volume
29 Thu Sep 2022 139.95 140.00 146.60 137.50 1.061 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
29 Thu Sep 2022 139.95 144.70 161.85 137.50 1.242 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 21, 19, 6 Buy
MACD -1, 1Sell
Stochastics 15Sell
CCI -49Sell
RSI 48Sell
OBV 134063Sell
VWAP 143Sell
ADL 0Sell
ROC -9Sell
Force Index 0Sell

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 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 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 BUY. Signal strength is Weak 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 weakening, and bulls are picking up momentum!

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 142.92 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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