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 2022-05-06 View latest technical analysis

10 day averaged volume of Shk is 31584

Date Daily Closing Price Open High Low Volume
06 Fri May 2022 141.00 142.10 142.30 138.50 0.487 times
05 Thu May 2022 143.50 149.15 149.15 142.90 1.906 times
04 Wed May 2022 147.00 153.45 154.00 145.20 1.014 times
02 Mon May 2022 152.10 152.75 153.10 150.20 0.318 times
29 Fri Apr 2022 155.05 157.80 159.00 153.45 0.8 times
28 Thu Apr 2022 154.80 158.80 158.80 153.70 0.21 times
27 Wed Apr 2022 157.25 159.05 159.30 155.95 0.204 times
26 Tue Apr 2022 159.90 160.40 164.75 159.40 0.522 times
25 Mon Apr 2022 158.50 156.50 160.75 156.50 0.424 times
22 Fri Apr 2022 160.20 160.05 166.50 159.60 0.807 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 142, for a target of 148.9 or 154.69

Share price targets for Shk (Shk)

Target Type Value
Downside Target 135.50
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 135
Downside Intraday Target 129
Upside Intraday Target 150.5
Upside Intraday Target 160
Upside Intraday Target 144.5

Weekly technical analysis of Shk (Shk)

Date Weekly Closing Price Open High Low Volume
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
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
06 Fri May 2022 141.00 152.75 154.00 138.50 0.237 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 17, 35, 36 Sell
MACD -1, 2Sell
Stochastics 7Sell
CCI -153Sell
RSI 55Buy
OBV 45057Sell
VWAP 151Sell
ADL 0Sell
ROC -14Sell
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 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 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 BUY signal in short term and the buying is gaining 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 150.66 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

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