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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 2022-11-30 View latest technical analysis

10 day averaged volume of Shk is 109626

Date Daily Closing Price Open High Low Volume
30 Wed Nov 2022 138.50 136.90 138.95 136.90 0.049 times
29 Tue Nov 2022 137.80 138.10 138.95 137.20 0.082 times
28 Mon Nov 2022 138.50 138.05 140.00 137.50 0.112 times
25 Fri Nov 2022 138.80 135.35 139.65 135.35 4.628 times
24 Thu Nov 2022 135.30 135.85 136.30 134.90 0.064 times
23 Wed Nov 2022 134.45 135.60 137.05 132.65 0.083 times
22 Tue Nov 2022 135.90 135.60 136.15 134.85 0.042 times
21 Mon Nov 2022 135.85 137.45 137.45 135.20 0.042 times
18 Fri Nov 2022 137.70 137.15 138.40 137.05 0.033 times
17 Thu Nov 2022 135.90 133.70 138.20 131.65 4.808 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 138, but if it comes below 138, then a intra day sell could be more profitable.
If you take a sell trade below 138, then use 138 as stoploss and 135.49 as target. However if you take a buy trade in stock , then use 138 as stoploss and 141 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 139.65
Upside Target 140.00
Upside Target 141.20
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 136.93
Downside Intraday Target 135.37
Upside Intraday Target 140.03
Upside Intraday Target 141.57
Downside Intraday Target 138.47

Weekly technical analysis of Shk (Shk)

Date Weekly Closing Price Open High Low Volume
30 Wed Nov 2022 138.50 138.05 140.00 136.90 0.05 times
25 Fri Nov 2022 138.80 137.45 139.65 132.65 0.949 times
18 Fri Nov 2022 137.70 132.05 138.40 125.75 13.367 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

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
30 Wed Nov 2022 138.50 135.00 141.20 125.75 9.109 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, and volume has increased substantially. This means that the move can continue in coming months.

Indicators analysis of Shk (Shk)

Indicator Name Indicator Value Indicator Signal
ADX 22, 22, 0 Sell
MACD -1, -2Buy
Stochastics 82Buy
CCI 68Buy
RSI 49Sell
OBV 1017151Sell
VWAP 137Buy
ADL 0Sell
ROC 5Buy
Force Index 0Sell

Price action analysis of Shk ( (Shk) ) based on a short 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 short 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 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 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 losing momentum.

MACD generated a BUY signal for Shk in short term but the buy signal is initial and weak.

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 HIGHS, which reflects strong buying momentum in short term! Bulls are getting tired and bears are picking up momentum.

Ichimoku cloud is of red color and prices are in or above the red cloud Prices appear to be moving up

CCI has generated a buy signal for Shk in short term and BUY 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 137.3 and Shk (Shk) stock is trading above this level. This is a good sign for the stock and it could move higher. 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 is giving positive 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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