Mobile app version of munafa.co.com
Login or Join
 Learn then Earn

Daily Technical Analysis Weekly Analysis Monthly Analysis Renko chart MACD chart Bollinger Bands chart Stochastics charts Force Index charts

(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 2023-01-20 View latest technical analysis

10 day averaged volume of Shk is 6549

Date Daily Closing Price Open High Low Volume
20 Fri Jan 2023 141.95 144.05 144.05 141.50 1.394 times
19 Thu Jan 2023 141.30 142.10 142.90 140.85 1.066 times
18 Wed Jan 2023 142.90 141.80 143.50 141.20 1.134 times
17 Tue Jan 2023 142.25 142.75 144.00 141.00 0.385 times
16 Mon Jan 2023 142.50 144.90 145.50 142.25 1.093 times
13 Fri Jan 2023 143.15 141.45 144.80 141.45 0.578 times
12 Thu Jan 2023 142.25 144.50 144.95 142.00 1.952 times
11 Wed Jan 2023 144.35 143.70 146.35 142.70 0.789 times
10 Tue Jan 2023 142.85 142.25 144.40 140.65 1.17 times
09 Mon Jan 2023 142.50 141.90 143.45 141.90 0.337 times

My analysis of stock is bullish for shortterm, and stock might move up till 144 or till 146.9. Use a stoploss of 141.51 and if this stock hits its stoploss, then it can fall down till 139.06

Share price targets for Shk (Shk)

Target Type Value
Downside Target 125.75
Downside Target 133.30
Upside Target 143.90
Upside Target 145.50
Upside Target 145.80
Upside Target 146.35
Upside Target 147.45
Upside Target 149.00
Upside Target 152.45
Upside Target 161.85

Intraday share price targets for Shk (Shk)

Target Type Value
Downside Intraday Target 140.03
Downside Intraday Target 138.12
Upside Intraday Target 144.68
Upside Intraday Target 147.42
Upside Intraday Target 142.77

Weekly technical analysis of Shk (Shk)

Date Weekly Closing Price Open High Low Volume
20 Fri Jan 2023 141.95 144.90 145.50 140.85 1.051 times
13 Fri Jan 2023 143.15 141.90 146.35 140.65 0.486 times
06 Fri Jan 2023 141.50 139.85 147.45 139.85 0.928 times
30 Fri Dec 2022 142.75 135.80 143.90 133.30 0.852 times
23 Fri Dec 2022 138.70 140.10 145.80 134.45 1.229 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
20 Fri Jan 2023 141.95 139.85 147.45 139.85 0.323 times
30 Fri Dec 2022 142.75 138.25 149.00 133.30 0.34 times
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

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 19, 16, 7 Buy
MACD 1, 1Sell
Stochastics 26Sell
CCI -43Buy
RSI 46Sell
OBV 15324Sell
VWAP 143Sell
ADL 0Sell
ROC 0Buy
Force Index 0Sell

Price action analysis of Shk ( (Shk) ) based on a short term time period is positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.

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 sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small

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 BUY. 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 green color and prices are above the green 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 142.51 and Shk (Shk) stock is trading below this level. This means that stock is falling with high volumes. 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

Daily Technical Analysis Weekly Analysis Monthly Analysis Renko chart MACD chart Bollinger Bands chart Stochastics charts Force Index charts

Daily chart

Daily analysis, news, Munafa stocks list in email:

Back to top | Use Dark Theme