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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)

Showing technical analysis as on 2022-05-04 View latest technical analysis

10 day averaged volume of Shk is 26979

Date Daily Closing Price Open High Low Volume
04 Wed May 2022 147.00 153.45 154.00 145.20 1.187 times
02 Mon May 2022 152.10 152.75 153.10 150.20 0.373 times
29 Fri Apr 2022 155.05 157.80 159.00 153.45 0.936 times
28 Thu Apr 2022 154.80 158.80 158.80 153.70 0.245 times
27 Wed Apr 2022 157.25 159.05 159.30 155.95 0.238 times
26 Tue Apr 2022 159.90 160.40 164.75 159.40 0.611 times
25 Mon Apr 2022 158.50 156.50 160.75 156.50 0.497 times
22 Fri Apr 2022 160.20 160.05 166.50 159.60 0.945 times
21 Thu Apr 2022 163.25 152.80 164.80 152.80 4.443 times
20 Wed Apr 2022 151.45 156.00 156.80 150.50 1.076 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 149.4, but if it comes above 149.4, then a intra day buy could be more profitable.
If you take a sell trade below 149.4, then use 149.4 as stoploss and 142.8 as target. However if you take a buy trade in stock , then use 149.4 as stoploss and 154.83 as target.

Share price targets for Shk (Shk)

Target Type Value
Downside Target 135.50
Downside Target 140.25
Downside Target 145.20
Upside Target 154.00
Upside Target 156.80
Upside Target 164.65
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 143.47
Downside Intraday Target 139.93
Upside Intraday Target 152.27
Upside Intraday Target 157.53
Upside Intraday Target 148.73

Weekly technical analysis of Shk (Shk)

Date Weekly Closing Price Open High Low Volume
04 Wed May 2022 147.00 152.75 154.00 145.20 0.617 times
29 Fri Apr 2022 155.05 156.50 164.75 153.45 0.323 times
22 Fri Apr 2022 160.20 162.55 166.50 150.50 2.247 times
13 Wed Apr 2022 162.40 155.00 164.65 153.00 0.871 times
08 Fri Apr 2022 153.65 147.10 156.80 140.25 0.919 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
04 Wed May 2022 147.00 152.75 154.00 145.20 0.085 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 20, 30, 20 Sell
MACD 2, 4Sell
Stochastics 16Sell
CCI -149Sell
RSI 56Buy
OBV 119731Sell
VWAP 158Sell
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

ADX buy sell signal for Shk stock for short term is SELL. Signal strength is Strong 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 green color and prices are in or below the green 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 BUY signal in short term but buying is losing 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 158.07 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 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

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Daily chart

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