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 2022-09-20 View latest technical analysis

10 day averaged volume of Shk is 24187

Date Daily Closing Price Open High Low Volume
20 Tue Sep 2022 146.10 146.70 147.70 145.60 0.317 times
19 Mon Sep 2022 144.60 148.50 150.00 143.90 0.888 times
16 Fri Sep 2022 149.40 153.60 155.05 147.00 0.349 times
15 Thu Sep 2022 154.10 157.10 158.80 153.05 0.657 times
14 Wed Sep 2022 157.70 150.00 161.85 146.00 2.908 times
13 Tue Sep 2022 152.70 149.00 153.60 149.00 1.964 times
12 Mon Sep 2022 147.75 149.95 151.00 147.35 0.412 times
09 Fri Sep 2022 150.00 150.60 150.95 148.60 0.12 times
08 Thu Sep 2022 149.55 148.35 153.10 147.50 0.41 times
07 Wed Sep 2022 147.25 148.00 149.00 145.95 0.307 times

My analysis of stock is bearish for shortterm, and stock might move down till 142.2 or till 136.8. Use a stoploss of 146.66 and if the stock hits stoploss, then it can shoot up till 151.15

Share price targets for Shk (Shk)

Target Type Value
Downside Target 119.00
Downside Target 125.95
Downside Target 135.65
Downside Target 139.30
Downside Target 143.90
Upside Target 147.50
Upside Target 150.00
Upside Target 152.45
Upside Target 154.00
Upside Target 155.60
Upside Target 161.85

Intraday share price targets for Shk (Shk)

Target Type Value
Downside Intraday Target 143.33
Downside Intraday Target 140.57
Upside Intraday Target 149.43
Upside Intraday Target 152.77
Upside Intraday Target 146.67

Weekly technical analysis of Shk (Shk)

Date Weekly Closing Price Open High Low Volume
20 Tue Sep 2022 146.10 148.50 150.00 143.90 0.191 times
16 Fri Sep 2022 149.40 149.95 161.85 146.00 1.986 times
09 Fri Sep 2022 150.00 139.30 155.60 139.30 2.934 times
02 Fri Sep 2022 142.55 139.95 146.50 139.95 0.971 times
26 Fri Aug 2022 142.60 143.85 144.60 139.65 0.435 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
20 Tue Sep 2022 146.10 144.70 161.85 139.30 1.029 times
30 Tue Aug 2022 144.70 142.40 152.45 135.65 0.39 times
29 Fri Jul 2022 139.15 134.90 147.50 119.00 2.575 times
30 Thu Jun 2022 134.90 144.80 145.20 125.95 0.67 times

Scroll below to view daily charts

Price has moved up 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 26, 19, 16 Buy
MACD 4, 5Sell
Stochastics 20Sell
CCI -100Buy
RSI 52Buy
OBV 126074Sell
VWAP 153Sell
ADL 0Sell
ROC -2Sell
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 negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small

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

ADX buy sell signal for Shk stock for short term is BUY. Signal strength is Weak 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 moving up

CCI has generated a buy signal for Shk in short term but BUY signal is weak.

RSI is generating a BUY signal in short term but buying is losing 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 152.66 and Shk (Shk) stock is trading below this level. This means that stock is falling with high volumes. VWAP is rising upwards.

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