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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 2022-11-16 View latest technical analysis

10 day averaged volume of Shk is 7881

Date Daily Closing Price Open High Low Volume
16 Wed Nov 2022 131.95 130.05 133.20 129.85 1.492 times
15 Tue Nov 2022 130.80 129.95 131.35 129.20 0.535 times
14 Mon Nov 2022 129.95 132.05 132.45 125.75 1.832 times
11 Fri Nov 2022 132.60 135.00 135.05 131.10 1.334 times
10 Thu Nov 2022 133.15 135.60 135.95 132.35 1.759 times
09 Wed Nov 2022 135.70 135.20 139.15 135.20 0.541 times
07 Mon Nov 2022 137.05 137.50 137.50 134.75 1.692 times
04 Fri Nov 2022 136.85 135.95 137.35 135.85 0.471 times
03 Thu Nov 2022 135.95 137.00 137.55 135.65 0.459 times
02 Wed Nov 2022 137.05 139.05 141.20 136.80 0.786 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 133.2, but if it comes above 133.2, then a intra day buy could be more profitable.
If you take a sell trade below 133.2, then use 133.2 as stoploss and 129.7 as target. However if you take a buy trade in stock , then use 133.2 as stoploss and 136.08 as target.

Share price targets for Shk (Shk)

Target Type Value
Downside Target 119.00
Downside Target 125.75
Downside Target 131.10
Upside Target 141.00
Upside Target 141.20
Upside Target 143.65
Upside Target 147.50
Upside Target 152.45
Upside Target 161.85

Intraday share price targets for Shk (Shk)

Target Type Value
Downside Intraday Target 127.4
Downside Intraday Target 122.85
Upside Intraday Target 134.85
Upside Intraday Target 137.75
Downside Intraday Target 130.3

Weekly technical analysis of Shk (Shk)

Date Weekly Closing Price Open High Low Volume
16 Wed Nov 2022 131.95 132.05 133.20 125.75 0.725 times
11 Fri Nov 2022 132.60 137.50 139.15 131.10 1.827 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

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
16 Wed Nov 2022 131.95 135.00 141.20 125.75 0.699 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 16, 29, 28 Sell
MACD -5, -4Sell
Stochastics 33None
CCI -66Buy
RSI 40Sell
OBV -4933Sell
VWAP 134Sell
ADL 0Sell
ROC -4Sell
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 losing momentum.

MACD generated a SELL signal for Shk in short term and the sell signal is strong.

Shk Stock in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. 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 buy signal for Shk in short term but BUY signal is weak.

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 133.56 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

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Daily chart

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