(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 2024-09-03 View latest technical analysis
10 day averaged volume of Shake Shack is 798850
| Date | Daily Closing Price | Open | High | Low | Volume |
| 03 Tue Sep 2024 | 97.76 | 98.50 | 99.59 | 96.67 | 1.217 times |
| 30 Fri Aug 2024 | 99.41 | 102.45 | 102.50 | 98.70 | 1.201 times |
| 30 Fri Aug 2024 | 99.41 | 102.45 | 102.50 | 98.70 | 1.201 times |
| 29 Thu Aug 2024 | 101.42 | 104.68 | 105.93 | 101.32 | 0.966 times |
| 28 Wed Aug 2024 | 104.66 | 104.43 | 106.37 | 103.80 | 1.049 times |
| 27 Tue Aug 2024 | 107.42 | 106.88 | 107.68 | 105.09 | 0.792 times |
| 26 Mon Aug 2024 | 107.67 | 109.00 | 109.92 | 107.34 | 0.749 times |
| 23 Fri Aug 2024 | 108.97 | 107.64 | 111.17 | 107.16 | 0.947 times |
| 22 Thu Aug 2024 | 106.85 | 106.58 | 108.88 | 106.58 | 0.961 times |
| 21 Wed Aug 2024 | 106.61 | 102.31 | 106.77 | 102.27 | 0.994 times |
My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 100.1, but if it comes above 100.1, then a intra day buy could be more profitable.
If you take a sell trade below 100.1, then use 100.1 as stoploss and 95.8 as target. However if you take a buy trade in stock , then use 100.1 as stoploss and 103.74 as target.
Share price targets for Shake Shack (SHAK)
| Target Type | Value |
| Downside Target | 77.50 |
| Downside Target | 86.89 |
| Downside Target | 89.17 |
| Downside Target | 91.33 |
| Downside Target | 96.67 |
| Upside Target | 98.70 |
| Upside Target | 101.29 |
| Upside Target | 102.50 |
| Upside Target | 109.92 |
| Upside Target | 110.77 |
| Upside Target | 111.17 |
| Upside Target | 111.29 |
Intraday share price targets for Shake Shack (SHAK)
| Target Type | Value |
| Downside Intraday Target | 96.42 |
| Downside Intraday Target | 95.09 |
| Upside Intraday Target | 99.34 |
| Upside Intraday Target | 100.93 |
| Upside Intraday Target | 98.01 |
Weekly technical analysis of Shake Shack (SHAK)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 03 Tue Sep 2024 | 97.76 | 98.50 | 99.59 | 96.67 | 1.013 times |
| 30 Fri Aug 2024 | 99.41 | 102.45 | 102.50 | 98.70 | 0.252 times |
| 30 Fri Aug 2024 | 99.41 | 109.00 | 109.92 | 98.70 | 0.878 times |
| 23 Fri Aug 2024 | 108.97 | 104.50 | 111.17 | 101.19 | 0.928 times |
| 16 Fri Aug 2024 | 107.37 | 102.23 | 110.77 | 101.29 | 0.948 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 |
| 03 Tue Sep 2024 | 97.76 | 98.50 | 99.59 | 96.67 | 0.038 times |
| 30 Fri Aug 2024 | 99.41 | 103.27 | 111.17 | 89.17 | 1.082 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 |
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 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 negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this 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 weakening, and bulls are picking up momentum!
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 BUY signal in short term and the buying is gaining 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 103.51 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 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 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 negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this 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 weakening, and bulls are picking up momentum!
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 BUY signal in short term and the buying is gaining 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 103.51 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 positive
Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.