(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 2024-04-17 View latest technical analysis
10 day averaged volume of Shake Shack is 602470
Date | Daily Closing Price | Open | High | Low | Volume |
17 Wed Apr 2024 | 94.91 | 97.56 | 97.57 | 93.46 | 1.23 times |
16 Tue Apr 2024 | 96.53 | 96.16 | 97.03 | 94.55 | 0.961 times |
15 Mon Apr 2024 | 97.07 | 97.72 | 99.99 | 96.58 | 0.973 times |
12 Fri Apr 2024 | 97.21 | 99.21 | 99.41 | 96.78 | 0.799 times |
11 Thu Apr 2024 | 99.44 | 99.14 | 99.50 | 98.13 | 0.789 times |
10 Wed Apr 2024 | 98.68 | 95.88 | 99.28 | 94.67 | 1.45 times |
09 Tue Apr 2024 | 98.51 | 102.16 | 102.32 | 98.30 | 1.322 times |
08 Mon Apr 2024 | 102.49 | 102.00 | 103.17 | 101.64 | 0.784 times |
05 Fri Apr 2024 | 101.24 | 100.28 | 101.98 | 100.14 | 0.999 times |
04 Thu Apr 2024 | 100.33 | 103.07 | 104.19 | 100.00 | 1.019 times |
My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 97.8, but if it comes above 97.8, then a intra day buy could be more profitable.
If you take a sell trade below 97.8, then use 97.8 as stoploss and 92.9 as target. However if you take a buy trade in stock , then use 97.8 as stoploss and 101.96 as target.
Share price targets for Shake Shack (SHAK)
Target Type | Value |
Downside Target | 59.94 |
Downside Target | 64.16 |
Downside Target | 73.76 |
Downside Target | 76.74 |
Downside Target | 78.95 |
Downside Target | 93.46 |
Upside Target | 99.15 |
Upside Target | 102.01 |
Upside Target | 107.35 |
Upside Target | 107.41 |
Upside Target | 108.52 |
Upside Target | 110.90 |
Intraday share price targets for Shake Shack (SHAK)
Target Type | Value |
Downside Intraday Target | 92.25 |
Downside Intraday Target | 89.59 |
Upside Intraday Target | 98.78 |
Upside Intraday Target | 102.65 |
Upside Intraday Target | 96.12 |
Weekly technical analysis of Shake Shack (SHAK)
Date | Weekly Closing Price | Open | High | Low | Volume |
17 Wed Apr 2024 | 94.91 | 97.72 | 99.99 | 93.46 | 0.615 times |
12 Fri Apr 2024 | 97.21 | 102.00 | 103.17 | 94.67 | 0.841 times |
05 Fri Apr 2024 | 101.24 | 105.00 | 107.35 | 100.00 | 0.9 times |
28 Thu Mar 2024 | 104.03 | 108.35 | 108.52 | 102.01 | 0.828 times |
22 Fri Mar 2024 | 109.27 | 104.08 | 110.90 | 102.53 | 1.199 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 |
17 Wed Apr 2024 | 94.91 | 105.00 | 107.35 | 93.46 | 0.457 times |
28 Thu Mar 2024 | 104.03 | 106.34 | 110.90 | 99.15 | 0.77 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 |
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 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 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 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 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.
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 coming down
CCI has generated a SELL signal for Shake Shack in short term and SELL signal is strong!
RSI is generating a SELL signal in short term but selling is losing momentum.
MRSI is in positive zone. This is a BUY zone
Stock of Shake Shack is picking up buying momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 98.5 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 negative.
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 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 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 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 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.
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 coming down
CCI has generated a SELL signal for Shake Shack in short term and SELL signal is strong!
RSI is generating a SELL signal in short term but selling is losing momentum.
MRSI is in positive zone. This is a BUY zone
Stock of Shake Shack is picking up buying momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 98.5 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 negative.
Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.