(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 2024-08-22 View latest technical analysis
10 day averaged volume of Shake Shack is 919990
| Date | Daily Closing Price | Open | High | Low | Volume |
| 22 Thu Aug 2024 | 106.85 | 106.58 | 108.88 | 106.58 | 0.835 times |
| 21 Wed Aug 2024 | 106.61 | 102.31 | 106.77 | 102.27 | 0.863 times |
| 20 Tue Aug 2024 | 101.28 | 104.69 | 105.96 | 101.19 | 0.99 times |
| 19 Mon Aug 2024 | 104.69 | 104.50 | 107.51 | 102.50 | 1.193 times |
| 16 Fri Aug 2024 | 107.37 | 108.76 | 110.75 | 107.22 | 0.903 times |
| 15 Thu Aug 2024 | 109.49 | 106.01 | 110.77 | 106.01 | 1.511 times |
| 14 Wed Aug 2024 | 104.41 | 104.58 | 104.63 | 102.81 | 0.783 times |
| 13 Tue Aug 2024 | 103.74 | 102.92 | 104.26 | 101.66 | 1.028 times |
| 12 Mon Aug 2024 | 102.63 | 102.23 | 102.70 | 101.29 | 0.844 times |
| 09 Fri Aug 2024 | 102.39 | 101.58 | 103.50 | 101.15 | 0.841 times |
My analysis of stock is bullish for shortterm, but stock is in semi over bought zones and there are some chances of seeing a fall tomorrow. Use 107.1 as stoploss in an intra day sell trade for a target of 98.94. However, stock will show a bullish move above 107.1.
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 | 108.88 |
| Upside Target | 110.77 |
| Upside Target | 111.29 |
Intraday share price targets for Shake Shack (SHAK)
| Target Type | Value |
| Downside Intraday Target | 102.4 |
| Downside Intraday Target | 97.95 |
| Upside Intraday Target | 110.09 |
| Upside Intraday Target | 113.33 |
| Downside Intraday Target | 105.64 |
Weekly technical analysis of Shake Shack (SHAK)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 22 Thu Aug 2024 | 106.85 | 104.50 | 108.88 | 101.19 | 0.766 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 |
| 22 Thu Aug 2024 | 106.85 | 103.27 | 110.77 | 89.17 | 0.847 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 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 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 positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.
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 but buying 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 105.19 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 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 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 positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.
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 but buying 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 105.19 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.