(ShahFood) Shah Food complete technical analysis [charts+indicators] | Buy/Sell Shah Food | (ShahFood) share price targets
Complete technical analysis of Shah Food (ShahFood) by charts plus indicators, forecast predictions and share price targets for Shah Food (ShahFood)
10 day averaged volume of Shah Food is 17
| Date | Daily Closing Price | Open | High | Low | Volume |
| 14 Tue May 2024 | 240.00 | 240.00 | 240.00 | 240.00 | 0.059 times |
| 09 Thu May 2024 | 249.90 | 249.90 | 249.90 | 249.90 | 0.294 times |
| 08 Wed May 2024 | 255.00 | 255.00 | 255.00 | 255.00 | 0.647 times |
| 07 Tue May 2024 | 255.00 | 267.75 | 267.75 | 255.00 | 4.059 times |
| 24 Wed Apr 2024 | 255.00 | 255.70 | 255.70 | 249.90 | 0.176 times |
| 23 Tue Apr 2024 | 255.00 | 255.00 | 255.00 | 255.00 | 0.059 times |
| 22 Mon Apr 2024 | 250.00 | 250.00 | 255.00 | 250.00 | 1.824 times |
| 19 Fri Apr 2024 | 255.00 | 255.90 | 255.90 | 255.00 | 0.882 times |
| 18 Thu Apr 2024 | 250.90 | 250.90 | 250.90 | 250.90 | 1.353 times |
| 15 Mon Apr 2024 | 250.90 | 250.90 | 250.90 | 250.90 | 0.588 times |
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 236.9 as stoploss in an intra day buy trade for a target of 245.77. However, stock will show a bearish move below 236.9.
Share price targets for Shah Food (ShahFood)
| Target Type | Value |
| Downside Target | 159.20 |
| Downside Target | 169.80 |
| Downside Target | 186.20 |
| Downside Target | 209.05 |
| Downside Target | 240.00 |
| Upside Target | 246.00 |
| Upside Target | 249.90 |
| Upside Target | 250.90 |
| Upside Target | 255.70 |
| Upside Target | 255.90 |
| Upside Target | 267.75 |
Intraday share price targets for Shah Food (ShahFood)
| Target Type | Value |
| Downside Intraday Target | 240 |
| Downside Intraday Target | 240 |
| Downside Intraday Target | 240 |
| Downside Intraday Target | 240 |
| Downside Intraday Target | 240 |
Weekly technical analysis of Shah Food (ShahFood)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 14 Tue May 2024 | 240.00 | 240.00 | 240.00 | 240.00 | 0.012 times |
| 09 Thu May 2024 | 249.90 | 267.75 | 267.75 | 249.90 | 2.429 times |
| 24 Wed Apr 2024 | 255.00 | 250.00 | 255.70 | 249.90 | 0.729 times |
| 19 Fri Apr 2024 | 255.00 | 250.90 | 255.90 | 250.90 | 24 times |
| 12 Fri Apr 2024 | 246.00 | 246.80 | 246.80 | 246.00 | 0.003 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 Shah Food (ShahFood)
| Date | Monthly Closing Price | Open | High | Low | Volume |
| 14 Tue May 2024 | 240.00 | 267.75 | 267.75 | 240.00 | 0.12 times |
| 24 Wed Apr 2024 | 255.00 | 245.00 | 255.90 | 240.00 | 0.258 times |
| 28 Thu Mar 2024 | 244.50 | 190.30 | 246.75 | 186.20 | 0.508 times |
| 29 Thu Feb 2024 | 190.30 | 171.00 | 209.05 | 169.80 | 1.776 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 Shah Food (ShahFood)
Price action analysis of Shah Food ( (ShahFood) ) 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 Shah Food ( (ShahFood) ) based on a short term time period is neutral. A longer time frame might give a better analysis.
Price action analysis of Shah Food ( (ShahFood) ) 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 Shah Food ( (ShahFood) ) 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 Shah Food stock for short term is SELL. Signal strength is Weak and stock is losing momentum.
MACD generated a SELL signal for Shah Food in short term but the sell signal is initial and weak.
Shah Food 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 in or below the green cloud Prices appear to be coming down
CCI has generated a SELL signal for Shah Food in short term and SELL signal is strong!
RSI is generating a BUY signal in short term but buying is losing 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 Shah Food is picking up selling momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 253.04 and Shah Food (ShahFood) 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 Shah Food (ShahFood) stock. Volume based technical analysis of Shah Food (ShahFood) stock is negative.
Shah Food Stock has given negative returns over a short term period. Returns for a longer term period have been positive
Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.
Price action analysis of Shah Food ( (ShahFood) ) 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 Shah Food ( (ShahFood) ) based on a short term time period is neutral. A longer time frame might give a better analysis.
Price action analysis of Shah Food ( (ShahFood) ) 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 Shah Food ( (ShahFood) ) 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 Shah Food stock for short term is SELL. Signal strength is Weak and stock is losing momentum.
MACD generated a SELL signal for Shah Food in short term but the sell signal is initial and weak.
Shah Food 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 in or below the green cloud Prices appear to be coming down
CCI has generated a SELL signal for Shah Food in short term and SELL signal is strong!
RSI is generating a BUY signal in short term but buying is losing 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 Shah Food is picking up selling momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 253.04 and Shah Food (ShahFood) 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 Shah Food (ShahFood) stock. Volume based technical analysis of Shah Food (ShahFood) stock is negative.
Shah Food Stock has given negative returns over a short term period. Returns for a longer term period have been positive
Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.
Click here for Shah Food charts
Click here for further forecast and predictions for tomorrow