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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 2022-11-10 View latest technical analysis

10 day averaged volume of Shk is 5310

Date Daily Closing Price Open High Low Volume
10 Thu Nov 2022 133.15 135.60 135.95 132.35 2.611 times
09 Wed Nov 2022 135.70 135.20 139.15 135.20 0.803 times
07 Mon Nov 2022 137.05 137.50 137.50 134.75 2.511 times
04 Fri Nov 2022 136.85 135.95 137.35 135.85 0.7 times
03 Thu Nov 2022 135.95 137.00 137.55 135.65 0.681 times
02 Wed Nov 2022 137.05 139.05 141.20 136.80 1.167 times
01 Tue Nov 2022 136.85 135.00 137.60 135.00 0.876 times
31 Mon Oct 2022 136.75 137.95 138.85 136.65 0.903 times
28 Fri Oct 2022 135.80 139.90 139.90 135.05 1.129 times
27 Thu Oct 2022 136.85 138.55 139.30 136.10 0.485 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 133.2, for a target of 135.8 or 137.91

Share price targets for Shk (Shk)

Target Type Value
Downside Target 119.00
Downside Target 132.35
Upside Target 135.00
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 130.62
Downside Intraday Target 128.08
Upside Intraday Target 137.42
Upside Intraday Target 141.68
Upside Intraday Target 134.88

Weekly technical analysis of Shk (Shk)

Date Weekly Closing Price Open High Low Volume
10 Thu Nov 2022 133.15 137.50 139.15 132.35 1.37 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 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
10 Thu Nov 2022 133.15 135.00 141.20 132.35 0.383 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 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 18, 24, 14 Sell
MACD -3, -3Sell
Stochastics 20Sell
CCI -269Sell
RSI 40Sell
OBV -34486Sell
VWAP 136Sell
ADL 0Sell
ROC -3Sell
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 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 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.

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 positive zone. This is a BUY 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 135.86 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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