(SHAK) Shake Shack complete technical analysis [charts+indicators] | Buy/Sell Shake Shack | (SHAK) share price targets
Complete technical analysis of Shake Shack (SHAK) by charts plus indicators, forecast predictions and share price targets for Shake Shack (SHAK)
Shake Shack trades in USA in Consumer Services sector.
Showing technical analysis as on 2024-03-20 View latest technical analysis
10 day averaged volume of Shake Shack is 852850
| Date | Daily Closing Price | Open | High | Low | Volume |
| 20 Wed Mar 2024 | 109.22 | 105.36 | 109.25 | 105.36 | 1.151 times |
| 19 Tue Mar 2024 | 105.36 | 104.47 | 105.37 | 102.53 | 0.737 times |
| 18 Mon Mar 2024 | 104.79 | 104.08 | 106.76 | 103.77 | 0.97 times |
| 15 Fri Mar 2024 | 103.69 | 103.09 | 103.96 | 101.34 | 0.97 times |
| 14 Thu Mar 2024 | 103.70 | 102.61 | 105.30 | 102.16 | 0.949 times |
| 13 Wed Mar 2024 | 102.86 | 102.42 | 104.45 | 102.12 | 0.768 times |
| 12 Tue Mar 2024 | 102.42 | 100.32 | 103.17 | 100.08 | 0.95 times |
| 11 Mon Mar 2024 | 100.07 | 103.46 | 103.54 | 99.16 | 1.203 times |
| 08 Fri Mar 2024 | 103.63 | 105.11 | 106.54 | 103.05 | 0.927 times |
| 07 Thu Mar 2024 | 104.44 | 106.73 | 107.20 | 102.63 | 1.852 times |
Although my analysis for stock is bullish for shortterm, but stock is over bought and there are high chances of some profit booking tomorrow. You might want to sell the stock tomorrow in intra day with a stoploss of 109.4, for a target of 105.9 or 103.04
Share price targets for Shake Shack (SHAK)
| Target Type | Value |
| Downside Target | 54.06 |
| Downside Target | 59.94 |
| Downside Target | 63.18 |
| Downside Target | 73.76 |
| Downside Target | 76.74 |
| Downside Target | 78.95 |
| Downside Target | 94.58 |
| Downside Target | 98.14 |
| Downside Target | 105.30 |
| Downside Target | 107.41 |
| Downside Target | 108.39 |
| Upside Target | 109.25 |
Intraday share price targets for Shake Shack (SHAK)
| Target Type | Value |
| Downside Intraday Target | 104.75 |
| Downside Intraday Target | 100.28 |
| Upside Intraday Target | 111.47 |
| Upside Intraday Target | 113.72 |
| Downside Intraday Target | 107 |
Weekly technical analysis of Shake Shack (SHAK)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 20 Wed Mar 2024 | 109.22 | 104.08 | 109.25 | 102.53 | 0.59 times |
| 15 Fri Mar 2024 | 103.69 | 103.46 | 105.30 | 99.16 | 0.833 times |
| 08 Fri Mar 2024 | 103.63 | 107.88 | 108.39 | 99.15 | 1.047 times |
| 01 Fri Mar 2024 | 107.25 | 98.57 | 107.41 | 98.14 | 1.1 times |
| 23 Fri Feb 2024 | 98.04 | 97.50 | 100.71 | 94.58 | 0.372 times |
Price has moved up 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 Shake Shack (SHAK)
| Date | Monthly Closing Price | Open | High | Low | Volume |
| 20 Wed Mar 2024 | 109.22 | 106.34 | 109.25 | 99.15 | 0.502 times |
| 29 Thu Feb 2024 | 106.32 | 76.11 | 107.41 | 73.76 | 1.241 times |
| 31 Wed Jan 2024 | 75.56 | 73.15 | 78.95 | 64.16 | 1.145 times |
| 29 Fri Dec 2023 | 74.12 | 60.26 | 76.74 | 59.94 | 1.071 times |
Scroll below to view daily charts
Price has moved up 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 Shake Shack (SHAK)
Price action analysis of Shake Shack ( (SHAK) ) 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 Shake Shack ( (SHAK) ) 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 Shake Shack ( (SHAK) ) based on a short to mid 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 Shake Shack ( (SHAK) ) 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 Shake Shack stock for short term is BUY. Signal strength is Strong and stock is gaining momentum.
MACD generated a SELL signal for Shake Shack in short term but the sell signal is initial and weak.
MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.
Shake Shack Stock is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls 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 Shake Shack in short term and BUY signal is strong.
RSI is generating a BUY signal in short term and the buying is gaining 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 Shake Shack is picking up selling momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 104.05 and Shake Shack (SHAK) 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 Shake Shack (SHAK) stock. Volume based technical analysis of Shake Shack (SHAK) stock is negative.
Shake Shack Stock is giving positive 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 Shake Shack ( (SHAK) ) 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 Shake Shack ( (SHAK) ) 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 Shake Shack ( (SHAK) ) based on a short to mid 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 Shake Shack ( (SHAK) ) 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 Shake Shack stock for short term is BUY. Signal strength is Strong and stock is gaining momentum.
MACD generated a SELL signal for Shake Shack in short term but the sell signal is initial and weak.
MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.
Shake Shack Stock is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls 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 Shake Shack in short term and BUY signal is strong.
RSI is generating a BUY signal in short term and the buying is gaining 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 Shake Shack is picking up selling momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 104.05 and Shake Shack (SHAK) 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 Shake Shack (SHAK) stock. Volume based technical analysis of Shake Shack (SHAK) stock is negative.
Shake Shack Stock is giving positive 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.