(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 2024-03-27 View latest technical analysis
10 day averaged volume of Shake Shack is 957650
| Date | Daily Closing Price | Open | High | Low | Volume |
| 27 Wed Mar 2024 | 104.28 | 103.21 | 104.84 | 102.01 | 0.955 times |
| 26 Tue Mar 2024 | 102.38 | 103.71 | 105.51 | 102.29 | 1.026 times |
| 25 Mon Mar 2024 | 102.82 | 108.35 | 108.52 | 102.24 | 1.413 times |
| 22 Fri Mar 2024 | 109.27 | 109.00 | 110.90 | 107.82 | 0.959 times |
| 21 Thu Mar 2024 | 108.60 | 104.33 | 110.62 | 103.97 | 1.666 times |
| 20 Wed Mar 2024 | 109.22 | 105.36 | 109.25 | 105.36 | 1.025 times |
| 19 Tue Mar 2024 | 105.36 | 104.47 | 105.37 | 102.53 | 0.656 times |
| 18 Mon Mar 2024 | 104.79 | 104.08 | 106.76 | 103.77 | 0.863 times |
| 15 Fri Mar 2024 | 103.69 | 103.09 | 103.96 | 101.34 | 0.864 times |
| 14 Thu Mar 2024 | 103.70 | 102.61 | 105.30 | 102.16 | 0.845 times |
My analysis of stock is bearish for shortterm, and stock might move down till 101.7 or till 98.5. Use a stoploss of 104.33 and if the stock hits stoploss, then it can shoot up till 106.98
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 | 102.01 |
| 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 | 101.35 |
| Downside Intraday Target | 98.43 |
| Upside Intraday Target | 107.86 |
| Upside Intraday Target | 111.45 |
| Upside Intraday Target | 104.94 |
Weekly technical analysis of Shake Shack (SHAK)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 27 Wed Mar 2024 | 104.28 | 108.35 | 108.52 | 102.01 | 0.657 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 |
| 27 Wed Mar 2024 | 104.28 | 106.34 | 110.90 | 99.15 | 0.735 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 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 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 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 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 gaining momentum.
MACD generated a SELL signal for Shake Shack in short term but the sell signal is initial and weak.
Shake Shack 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 moving up
CCI has generated a buy signal for Shake Shack in short term but BUY signal is weak.
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 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 105.56 and Shake Shack (SHAK) 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 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 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 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 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 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 gaining momentum.
MACD generated a SELL signal for Shake Shack in short term but the sell signal is initial and weak.
Shake Shack 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 moving up
CCI has generated a buy signal for Shake Shack in short term but BUY signal is weak.
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 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 105.56 and Shake Shack (SHAK) 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 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.