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)

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

10 day averaged volume of Shk is 28467

Date Daily Closing Price Open High Low Volume
05 Thu May 2022 143.50 149.15 149.15 142.90 2.115 times
04 Wed May 2022 147.00 153.45 154.00 145.20 1.125 times
02 Mon May 2022 152.10 152.75 153.10 150.20 0.353 times
29 Fri Apr 2022 155.05 157.80 159.00 153.45 0.887 times
28 Thu Apr 2022 154.80 158.80 158.80 153.70 0.233 times
27 Wed Apr 2022 157.25 159.05 159.30 155.95 0.226 times
26 Tue Apr 2022 159.90 160.40 164.75 159.40 0.579 times
25 Mon Apr 2022 158.50 156.50 160.75 156.50 0.471 times
22 Fri Apr 2022 160.20 160.05 166.50 159.60 0.896 times
21 Thu Apr 2022 163.25 152.80 164.80 152.80 4.211 times

Stock of Shk (Shk) has showed a significant fall. This could be a good time to exit from this stock.

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 143.2, for a target of 149.6 or 154.9

Share price targets for Shk (Shk)

Target Type Value
Downside Target 135.50
Downside Target 140.25
Upside Target 148.05
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 139.6
Downside Intraday Target 135.7
Upside Intraday Target 150.7
Upside Intraday Target 157.9
Upside Intraday Target 146.8

Weekly technical analysis of Shk (Shk)

Date Weekly Closing Price Open High Low Volume
05 Thu May 2022 143.50 152.75 154.00 142.90 1.5 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, 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
05 Thu May 2022 143.50 152.75 154.00 142.90 0.206 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 18, 31, 26 Sell
MACD 1, 3Sell
Stochastics 8Sell
CCI -164Sell
RSI 55Buy
OBV 44630Sell
VWAP 156Sell
ADL 0Sell
ROC -5Sell
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 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

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 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 155.91 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

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