(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 2024-08-21 View latest technical analysis
10 day averaged volume of Shake Shack is 908510
| Date | Daily Closing Price | Open | High | Low | Volume |
| 21 Wed Aug 2024 | 106.61 | 102.31 | 106.77 | 102.27 | 0.874 times |
| 20 Tue Aug 2024 | 101.28 | 104.69 | 105.96 | 101.19 | 1.003 times |
| 19 Mon Aug 2024 | 104.69 | 104.50 | 107.51 | 102.50 | 1.209 times |
| 16 Fri Aug 2024 | 107.37 | 108.76 | 110.75 | 107.22 | 0.915 times |
| 15 Thu Aug 2024 | 109.49 | 106.01 | 110.77 | 106.01 | 1.53 times |
| 14 Wed Aug 2024 | 104.41 | 104.58 | 104.63 | 102.81 | 0.793 times |
| 13 Tue Aug 2024 | 103.74 | 102.92 | 104.26 | 101.66 | 1.041 times |
| 12 Mon Aug 2024 | 102.63 | 102.23 | 102.70 | 101.29 | 0.855 times |
| 09 Fri Aug 2024 | 102.39 | 101.58 | 103.50 | 101.15 | 0.852 times |
| 08 Thu Aug 2024 | 101.32 | 97.58 | 103.16 | 97.43 | 1.057 times |
My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 106.6, but if it comes below 106.6, then a intra day sell could be more profitable.
If you take a sell trade below 106.6, then use 106.6 as stoploss and 97.54 as target. However if you take a buy trade in stock , then use 106.6 as stoploss and 117.4 as target.
Share price targets for Shake Shack (SHAK)
| Target Type | Value |
| Downside Target | 77.50 |
| Downside Target | 79.70 |
| Downside Target | 84.91 |
| Downside Target | 86.89 |
| Downside Target | 89.17 |
| Downside Target | 91.33 |
| Downside Target | 96.67 |
| Downside Target | 101.19 |
| Downside Target | 103.50 |
| Downside Target | 105.68 |
| Upside Target | 107.35 |
| Upside Target | 107.51 |
| Upside Target | 110.77 |
| Upside Target | 111.29 |
Intraday share price targets for Shake Shack (SHAK)
| Target Type | Value |
| Downside Intraday Target | 102.7 |
| Downside Intraday Target | 98.78 |
| Upside Intraday Target | 109.02 |
| Upside Intraday Target | 111.42 |
| Downside Intraday Target | 105.1 |
Weekly technical analysis of Shake Shack (SHAK)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 21 Wed Aug 2024 | 106.61 | 104.50 | 107.51 | 101.19 | 0.601 times |
| 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 |
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 |
| 21 Wed Aug 2024 | 106.61 | 103.27 | 110.77 | 89.17 | 0.815 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 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 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 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 neutral. A longer time frame might give a better analysis.
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 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 in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. 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 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 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 104.65 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 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 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 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 neutral. A longer time frame might give a better analysis.
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 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 in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. 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 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 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 104.65 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.