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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 2022-05-09 View latest technical analysis

10 day averaged volume of Shk is 21134

Date Daily Closing Price Open High Low Volume
09 Mon May 2022 139.10 138.00 141.95 133.00 6.128 times
06 Fri May 2022 141.00 142.10 142.30 138.50 0.727 times
05 Thu May 2022 143.50 149.15 149.15 142.90 2.848 times
04 Wed May 2022 147.00 153.45 154.00 145.20 1.516 times
02 Mon May 2022 152.10 152.75 153.10 150.20 0.476 times
29 Fri Apr 2022 155.05 157.80 159.00 153.45 1.195 times
28 Thu Apr 2022 154.80 158.80 158.80 153.70 0.313 times
27 Wed Apr 2022 157.25 159.05 159.30 155.95 0.304 times
26 Tue Apr 2022 159.90 160.40 164.75 159.40 0.779 times
25 Mon Apr 2022 158.50 156.50 160.75 156.50 0.634 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 139.3, for a target of 147.3 or 154

Share price targets for Shk (Shk)

Target Type Value
Downside Target 133.00
Upside Target 148.05
Upside Target 153.45
Upside Target 154.00
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 134.08
Downside Intraday Target 129.07
Upside Intraday Target 143.03
Upside Intraday Target 146.97
Downside Intraday Target 138.02

Weekly technical analysis of Shk (Shk)

Date Weekly Closing Price Open High Low Volume
09 Mon May 2022 139.10 138.00 141.95 133.00 1.101 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
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

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
09 Mon May 2022 139.10 152.75 154.00 133.00 0.499 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 14, 39, 46 Sell
MACD -2, 1Sell
Stochastics 10Sell
CCI -135Sell
RSI 56Buy
OBV -122461Sell
VWAP 145Sell
ADL 0Sell
ROC -13Sell
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 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 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 weakening, and bulls are picking up momentum!

Ichimoku cloud is of red color and prices are in or above 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 positive zone. This is a BUY zone

Although the stock is in the BUY zone, but buying 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 145.14 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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