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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 2022-11-07 View latest technical analysis

10 day averaged volume of Shk is 4599

Date Daily Closing Price Open High Low Volume
07 Mon Nov 2022 137.05 137.50 137.50 134.75 2.9 times
04 Fri Nov 2022 136.85 135.95 137.35 135.85 0.808 times
03 Thu Nov 2022 135.95 137.00 137.55 135.65 0.786 times
02 Wed Nov 2022 137.05 139.05 141.20 136.80 1.347 times
01 Tue Nov 2022 136.85 135.00 137.60 135.00 1.011 times
31 Mon Oct 2022 136.75 137.95 138.85 136.65 1.042 times
28 Fri Oct 2022 135.80 139.90 139.90 135.05 1.304 times
27 Thu Oct 2022 136.85 138.55 139.30 136.10 0.561 times
25 Tue Oct 2022 137.05 139.50 139.80 136.40 0.858 times
24 Mon Oct 2022 138.45 137.30 141.00 137.30 1.429 times

Stock of Shk (Shk) has showed a significant upmove. This could be a good time to enter in this stock!

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 135.9 as stoploss in an intra day buy trade for a target of 139.2. However, stock will show a bearish move below 135.9.

Share price targets for Shk (Shk)

Target Type Value
Downside Target 119.00
Downside Target 134.75
Upside Target 141.00
Upside Target 141.20
Upside Target 143.65
Upside Target 147.50
Upside Target 148.20
Upside Target 152.45
Upside Target 161.85

Intraday share price targets for Shk (Shk)

Target Type Value
Downside Intraday Target 135.37
Downside Intraday Target 133.68
Upside Intraday Target 138.12
Upside Intraday Target 139.18
Downside Intraday Target 136.43

Weekly technical analysis of Shk (Shk)

Date Weekly Closing Price Open High Low Volume
07 Mon Nov 2022 137.05 137.50 137.50 134.75 0.58 times
04 Fri Nov 2022 136.85 137.95 141.20 135.00 1.203 times
28 Fri Oct 2022 135.80 137.30 141.00 135.05 1.421 times
21 Fri Oct 2022 140.55 139.20 143.65 138.60 0.317 times
14 Fri Oct 2022 139.15 145.20 148.20 138.15 0.85 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
07 Mon Nov 2022 137.05 135.00 141.20 134.75 0.243 times
31 Mon Oct 2022 136.75 137.10 152.45 135.05 0.39 times
30 Fri Sep 2022 140.15 144.70 161.85 137.50 1.268 times
30 Tue Aug 2022 144.70 142.40 152.45 135.65 0.39 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 17, 20, 7 Sell
MACD -3, -3Sell
Stochastics 23Sell
CCI -81Sell
RSI 41Sell
OBV 21610Sell
VWAP 137Buy
ADL 0Sell
ROC -2Sell
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 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 Weak 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 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 below the red cloud Prices appear to be moving up

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

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 136.94 and Shk (Shk) stock is trading above this level. This is a good sign for the stock and it could move higher. 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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