(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 2024-03-26 View latest technical analysis
10 day averaged volume of Shake Shack is 940420
| Date | Daily Closing Price | Open | High | Low | Volume |
| 26 Tue Mar 2024 | 102.38 | 103.71 | 105.51 | 102.29 | 1.045 times |
| 25 Mon Mar 2024 | 102.82 | 108.35 | 108.52 | 102.24 | 1.439 times |
| 22 Fri Mar 2024 | 109.27 | 109.00 | 110.90 | 107.82 | 0.976 times |
| 21 Thu Mar 2024 | 108.60 | 104.33 | 110.62 | 103.97 | 1.696 times |
| 20 Wed Mar 2024 | 109.22 | 105.36 | 109.25 | 105.36 | 1.044 times |
| 19 Tue Mar 2024 | 105.36 | 104.47 | 105.37 | 102.53 | 0.668 times |
| 18 Mon Mar 2024 | 104.79 | 104.08 | 106.76 | 103.77 | 0.879 times |
| 15 Fri Mar 2024 | 103.69 | 103.09 | 103.96 | 101.34 | 0.88 times |
| 14 Thu Mar 2024 | 103.70 | 102.61 | 105.30 | 102.16 | 0.86 times |
| 13 Wed Mar 2024 | 102.86 | 102.42 | 104.45 | 102.12 | 0.696 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 101.6 as stoploss in an intra day buy trade for a target of 104.28. However, stock will show a bearish move below 101.6.
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 | 98.14 |
| Downside Target | 102.24 |
| Upside Target | 105.30 |
| Upside Target | 107.41 |
| Upside Target | 108.39 |
| Upside Target | 108.52 |
| Upside Target | 110.90 |
Intraday share price targets for Shake Shack (SHAK)
| Target Type | Value |
| Downside Intraday Target | 100.24 |
| Downside Intraday Target | 98.1 |
| Upside Intraday Target | 106.52 |
| Upside Intraday Target | 110.66 |
| Upside Intraday Target | 104.38 |
Weekly technical analysis of Shake Shack (SHAK)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 26 Tue Mar 2024 | 102.38 | 108.35 | 108.52 | 102.24 | 0.472 times |
| 22 Fri Mar 2024 | 109.27 | 104.08 | 110.90 | 102.53 | 1.199 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 |
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 Shake Shack (SHAK)
| Date | Monthly Closing Price | Open | High | Low | Volume |
| 26 Tue Mar 2024 | 102.38 | 106.34 | 110.90 | 99.15 | 0.698 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 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 Shake Shack (SHAK)
Price action analysis of Shake Shack ( (SHAK) ) based on a short 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 Shake Shack ( (SHAK) ) based on a short term time period is neutral. A longer time frame might give a better analysis.
Price action analysis of Shake Shack ( (SHAK) ) based on a short to mid 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 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 SELL. Signal strength is Weak and stock is losing momentum.
MACD generated a SELL signal for Shake Shack in short term but the sell signal is initial and weak.
Shake Shack 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 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 Shake Shack in short term and SELL 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 105.5 and Shake Shack (SHAK) 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 Shake Shack (SHAK) stock. Volume based technical analysis of Shake Shack (SHAK) stock is negative.
Shake Shack 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 Shake Shack ( (SHAK) ) based on a short 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 Shake Shack ( (SHAK) ) based on a short term time period is neutral. A longer time frame might give a better analysis.
Price action analysis of Shake Shack ( (SHAK) ) based on a short to mid 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 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 SELL. Signal strength is Weak and stock is losing momentum.
MACD generated a SELL signal for Shake Shack in short term but the sell signal is initial and weak.
Shake Shack 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 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 Shake Shack in short term and SELL 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 105.5 and Shake Shack (SHAK) 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 Shake Shack (SHAK) stock. Volume based technical analysis of Shake Shack (SHAK) stock is negative.
Shake Shack 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.