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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)

10 day averaged volume of Shk is 24096

Date Daily Closing Price Open High Low Volume
27 Mon Mar 2023 83.00 88.60 88.60 81.90 3.769 times
24 Fri Mar 2023 86.45 90.35 90.40 85.70 0.599 times
23 Thu Mar 2023 89.90 91.65 92.15 89.80 0.492 times
22 Wed Mar 2023 91.80 93.55 95.70 91.50 0.36 times
21 Tue Mar 2023 93.20 90.00 95.95 90.00 1.998 times
20 Mon Mar 2023 90.10 96.00 96.00 89.70 1.518 times
17 Fri Mar 2023 94.05 93.10 98.05 93.10 0.944 times
16 Thu Mar 2023 93.70 97.95 99.15 92.80 0.751 times
15 Wed Mar 2023 97.75 99.70 101.00 97.25 0.618 times
14 Tue Mar 2023 99.35 101.60 102.30 99.00 1.834 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 79.5, for a target of 91 or 100.61

Share price targets for Shk (Shk)

Target Type Value
Downside Target 81.90
Upside Target 85.70
Upside Target 88.60
Upside Target 92.80
Upside Target 96.00
Upside Target 104.60
Upside Target 107.50
Upside Target 109.75
Upside Target 112.65
Upside Target 125.75
Upside Target 133.30
Upside Target 137.90
Upside Target 141.20
Upside Target 141.45
Upside Target 147.45
Upside Target 149.00

Intraday share price targets for Shk (Shk)

Target Type Value
Downside Intraday Target 80.4
Downside Intraday Target 77.8
Upside Intraday Target 87.1
Upside Intraday Target 91.2
Upside Intraday Target 84.5

Weekly technical analysis of Shk (Shk)

Date Weekly Closing Price Open High Low Volume
27 Mon Mar 2023 83.00 88.60 88.60 81.90 0.759 times
24 Fri Mar 2023 86.45 96.00 96.00 85.70 0.987 times
17 Fri Mar 2023 94.05 109.75 109.75 92.80 2.322 times
10 Fri Mar 2023 104.95 112.20 112.65 104.60 1.44 times
03 Fri Mar 2023 111.35 113.50 114.75 107.50 0.844 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
27 Mon Mar 2023 83.00 113.15 114.00 81.90 1.803 times
28 Tue Feb 2023 113.20 141.45 141.45 107.50 1.218 times
31 Tue Jan 2023 138.75 139.85 147.45 137.90 0.46 times
30 Fri Dec 2022 142.75 138.25 149.00 133.30 0.34 times

Scroll below to view daily charts

Price has moved down this month, and volume has increased substantially. This means that the move can continue in coming months.

Indicators analysis of Shk (Shk)

Indicator Name Indicator Value Indicator Signal
ADX 2, 42, 90 Sell
MACD -17, -15Sell
Stochastics 3Sell
CCI -163Sell
RSI 34Sell
OBV -225329Sell
VWAP 91Sell
ADL 0Sell
ROC -18Sell
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 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 SELL signal in short term and selling is picking up momentum.

MRSI is in negative zone. This is the SELL 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 90.56 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

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