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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 2022-09-23 View latest technical analysis

10 day averaged volume of Shk is 19132

Date Daily Closing Price Open High Low Volume
23 Fri Sep 2022 141.15 143.50 144.40 140.85 0.258 times
22 Thu Sep 2022 143.15 142.10 146.40 141.90 0.217 times
21 Wed Sep 2022 142.60 146.05 146.95 141.60 0.157 times
20 Tue Sep 2022 146.10 146.70 147.70 145.60 0.401 times
19 Mon Sep 2022 144.60 148.50 150.00 143.90 1.122 times
16 Fri Sep 2022 149.40 153.60 155.05 147.00 0.442 times
15 Thu Sep 2022 154.10 157.10 158.80 153.05 0.83 times
14 Wed Sep 2022 157.70 150.00 161.85 146.00 3.676 times
13 Tue Sep 2022 152.70 149.00 153.60 149.00 2.483 times
12 Mon Sep 2022 147.75 149.95 151.00 147.35 0.521 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 142.4, but if it comes above 142.4, then a intra day buy could be more profitable.
If you take a sell trade below 142.4, then use 142.4 as stoploss and 137.1 as target. However if you take a buy trade in stock , then use 142.4 as stoploss and 146.77 as target.

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
Upside Target 144.60
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 138
Downside Intraday Target 134.85
Upside Intraday Target 147.15
Upside Intraday Target 153.15
Upside Intraday Target 144

Weekly technical analysis of Shk (Shk)

Date Weekly Closing Price Open High Low Volume
23 Fri Sep 2022 141.15 148.50 150.00 140.85 0.271 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
23 Fri Sep 2022 141.15 144.70 161.85 139.30 1.075 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 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 20, 23, 6 Sell
MACD 1, 3Sell
Stochastics 5Sell
CCI -106Sell
RSI 49Sell
OBV 131710Sell
VWAP 152Sell
ADL 0Sell
ROC -6Sell
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 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 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 SELL. 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 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 but selling is losing 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 152.42 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 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

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Daily chart

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