(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 2024-09-09 View latest technical analysis
10 day averaged volume of Shake Shack is 806200
| Date | Daily Closing Price | Open | High | Low | Volume |
| 09 Mon Sep 2024 | 95.58 | 93.96 | 100.19 | 93.96 | 1.484 times |
| 06 Fri Sep 2024 | 93.35 | 96.45 | 97.15 | 92.66 | 0.926 times |
| 05 Thu Sep 2024 | 96.13 | 99.06 | 99.98 | 95.76 | 0.933 times |
| 04 Wed Sep 2024 | 99.25 | 96.98 | 100.00 | 95.63 | 1.033 times |
| 03 Tue Sep 2024 | 97.76 | 98.50 | 99.59 | 96.67 | 1.206 times |
| 30 Fri Aug 2024 | 99.41 | 102.45 | 102.50 | 98.70 | 1.19 times |
| 30 Fri Aug 2024 | 99.41 | 102.45 | 102.50 | 98.70 | 1.19 times |
| 29 Thu Aug 2024 | 101.42 | 104.68 | 105.93 | 101.32 | 0.957 times |
| 28 Wed Aug 2024 | 104.66 | 104.43 | 106.37 | 103.80 | 1.039 times |
| 27 Tue Aug 2024 | 107.42 | 106.88 | 107.68 | 105.09 | 0.785 times |
My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 98.1, but if it comes above 98.1, then a intra day buy could be more profitable.
If you take a sell trade below 98.1, then use 98.1 as stoploss and 92.4 as target. However if you take a buy trade in stock , then use 98.1 as stoploss and 102.77 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 |
| Upside Target | 96.67 |
| Upside Target | 98.70 |
| Upside Target | 100.19 |
| Upside Target | 101.19 |
| Upside Target | 102.50 |
| Upside Target | 109.92 |
| Upside Target | 111.17 |
| Upside Target | 111.29 |
Intraday share price targets for Shake Shack (SHAK)
| Target Type | Value |
| Downside Intraday Target | 92.96 |
| Downside Intraday Target | 90.35 |
| Upside Intraday Target | 99.19 |
| Upside Intraday Target | 102.81 |
| Upside Intraday Target | 96.58 |
Weekly technical analysis of Shake Shack (SHAK)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 09 Mon Sep 2024 | 95.58 | 93.96 | 100.19 | 93.96 | 0.362 times |
| 06 Fri Sep 2024 | 93.35 | 98.50 | 100.00 | 92.66 | 3.443 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 |
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 |
| 09 Mon Sep 2024 | 95.58 | 98.50 | 100.19 | 92.66 | 0.177 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 definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.
ADX buy sell signal for Shake Shack stock for short term is SELL. Signal strength is Weak and stock is losing 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 moving up
CCI has generated a buy signal for Shake Shack in short term but BUY signal is weak.
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 99.15 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 definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.
ADX buy sell signal for Shake Shack stock for short term is SELL. Signal strength is Weak and stock is losing 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 moving up
CCI has generated a buy signal for Shake Shack in short term but BUY signal is weak.
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 99.15 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.