(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 2024-08-16 View latest technical analysis
10 day averaged volume of Shake Shack is 1126220
| Date | Daily Closing Price | Open | High | Low | Volume |
| 16 Fri Aug 2024 | 107.37 | 108.76 | 110.75 | 107.22 | 0.738 times |
| 15 Thu Aug 2024 | 109.49 | 106.01 | 110.77 | 106.01 | 1.234 times |
| 14 Wed Aug 2024 | 104.41 | 104.58 | 104.63 | 102.81 | 0.639 times |
| 13 Tue Aug 2024 | 103.74 | 102.92 | 104.26 | 101.66 | 0.84 times |
| 12 Mon Aug 2024 | 102.63 | 102.23 | 102.70 | 101.29 | 0.69 times |
| 09 Fri Aug 2024 | 102.39 | 101.58 | 103.50 | 101.15 | 0.687 times |
| 08 Thu Aug 2024 | 101.32 | 97.58 | 103.16 | 97.43 | 0.852 times |
| 07 Wed Aug 2024 | 97.21 | 100.00 | 101.45 | 96.95 | 0.603 times |
| 06 Tue Aug 2024 | 99.31 | 96.31 | 101.56 | 94.94 | 0.972 times |
| 05 Mon Aug 2024 | 94.40 | 90.92 | 97.72 | 89.17 | 1.252 times |
My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 104.2, but if it comes below 104.2, then a intra day sell could be more profitable.
If you take a sell trade below 104.2, then use 104.2 as stoploss and 94.12 as target. However if you take a buy trade in stock , then use 104.2 as stoploss and 116.4 as target.
Share price targets for Shake Shack (SHAK)
| Target Type | Value |
| Downside Target | 77.50 |
| Downside Target | 79.70 |
| Downside Target | 82.40 |
| Downside Target | 84.91 |
| Downside Target | 86.89 |
| Downside Target | 89.17 |
| Downside Target | 91.08 |
| Downside Target | 96.67 |
| Downside Target | 101.29 |
| Downside Target | 103.50 |
| Downside Target | 105.68 |
| Downside Target | 107.35 |
| Upside Target | 110.77 |
| Upside Target | 111.29 |
Intraday share price targets for Shake Shack (SHAK)
| Target Type | Value |
| Downside Intraday Target | 102.18 |
| Downside Intraday Target | 97 |
| Upside Intraday Target | 111.66 |
| Upside Intraday Target | 115.96 |
| Downside Intraday Target | 106.48 |
Weekly technical analysis of Shake Shack (SHAK)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 16 Fri Aug 2024 | 107.37 | 102.23 | 110.77 | 101.29 | 0.948 times |
| 09 Fri Aug 2024 | 102.39 | 90.92 | 103.50 | 89.17 | 0.409 times |
| 02 Fri Aug 2024 | 96.43 | 80.68 | 105.68 | 79.70 | 2.066 times |
| 26 Fri Jul 2024 | 80.11 | 84.27 | 84.91 | 77.50 | 1.268 times |
| 19 Fri Jul 2024 | 84.46 | 85.43 | 91.08 | 82.40 | 1.084 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 |
| 16 Fri Aug 2024 | 107.37 | 103.27 | 110.77 | 89.17 | 0.695 times |
| 31 Wed Jul 2024 | 87.62 | 91.08 | 92.50 | 77.50 | 1.452 times |
| 28 Fri Jun 2024 | 90.00 | 94.90 | 96.67 | 86.89 | 0.916 times |
| 31 Fri May 2024 | 94.89 | 105.03 | 111.29 | 91.33 | 1.171 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 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 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 losing momentum.
MACD generated a BUY signal for Shake Shack in short term and the buy signal is strong.
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 tired and bears are picking up momentum.
Ichimoku cloud is of green color and prices are above the green cloud Prices appear to be coming down
CCI has generated a SELL signal for Shake Shack in short term but SELL signal is weak.
RSI is generating a BUY signal in short term and the buying is gaining 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 102.15 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 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 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 losing momentum.
MACD generated a BUY signal for Shake Shack in short term and the buy signal is strong.
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 tired and bears are picking up momentum.
Ichimoku cloud is of green color and prices are above the green cloud Prices appear to be coming down
CCI has generated a SELL signal for Shake Shack in short term but SELL signal is weak.
RSI is generating a BUY signal in short term and the buying is gaining 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 102.15 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.