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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 2022-05-20 View latest technical analysis

10 day averaged volume of Shk is 27316

Date Daily Closing Price Open High Low Volume
20 Fri May 2022 135.75 136.30 136.30 129.60 0.479 times
19 Thu May 2022 132.75 134.00 136.50 132.40 0.272 times
18 Wed May 2022 137.85 137.95 139.50 137.35 0.384 times
17 Tue May 2022 137.35 134.70 137.85 133.50 0.272 times
16 Mon May 2022 133.55 131.50 134.10 130.00 0.164 times
13 Fri May 2022 130.05 132.40 134.55 128.50 0.318 times
12 Thu May 2022 129.20 135.10 135.10 128.45 1.687 times
11 Wed May 2022 134.50 132.55 139.15 131.00 0.964 times
10 Tue May 2022 135.00 140.00 141.05 134.25 0.635 times
09 Mon May 2022 139.10 138.00 141.95 133.00 4.741 times

My analysis of stock is bearish for shortterm, but stock is semi over sold and there are some chances of seeing a recovery tomorrow. Use 133.2 as stoploss in an intra day buy trade for a target of 143.72. However, stock will show a bearish move below 133.2.

Share price targets for Shk (Shk)

Target Type Value
Downside Target 128.45
Downside Target 135.50
Upside Target 148.05
Upside Target 153.45
Upside Target 154.00
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 130.4
Downside Intraday Target 125.05
Upside Intraday Target 140.3
Upside Intraday Target 144.85
Downside Intraday Target 134.95

Weekly technical analysis of Shk (Shk)

Date Weekly Closing Price Open High Low Volume
20 Fri May 2022 135.75 131.50 139.50 129.60 0.188 times
13 Fri May 2022 130.05 138.00 141.95 128.45 1.938 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

Price has moved up 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
20 Fri May 2022 135.75 152.75 154.00 128.45 0.784 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 13, 34, 45 Sell
MACD -8, -7Sell
Stochastics 44None
CCI -23Sell
RSI 49Sell
OBV -190568Sell
VWAP 136Sell
ADL 0Sell
ROC -4Sell
Force Index 0Sell

Price action analysis of Shk ( (Shk) ) based on a short term time period is negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this stock.

Price action analysis of Shk ( (Shk) ) based on a short 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.

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.

MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.

Shk Stock in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. 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 moving up

CCI has generated a SELL signal for Shk in short term

RSI is generating a SELL signal in short term and selling is picking up 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 135.89 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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