(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 2024-09-24 View latest technical analysis
10 day averaged volume of Shake Shack is 726110
| Date | Daily Closing Price | Open | High | Low | Volume |
| 24 Tue Sep 2024 | 104.15 | 105.00 | 106.55 | 104.05 | 0.79 times |
| 23 Mon Sep 2024 | 106.57 | 108.01 | 108.01 | 105.37 | 0.871 times |
| 20 Fri Sep 2024 | 106.94 | 107.58 | 107.94 | 106.17 | 1.214 times |
| 19 Thu Sep 2024 | 107.48 | 107.09 | 107.50 | 105.42 | 0.902 times |
| 18 Wed Sep 2024 | 103.86 | 103.70 | 106.45 | 102.71 | 1.117 times |
| 17 Tue Sep 2024 | 102.49 | 102.66 | 103.64 | 101.86 | 0.953 times |
| 16 Mon Sep 2024 | 101.80 | 101.93 | 102.50 | 100.58 | 0.744 times |
| 13 Fri Sep 2024 | 102.05 | 102.50 | 103.37 | 100.53 | 1.164 times |
| 12 Thu Sep 2024 | 101.80 | 99.96 | 102.11 | 98.76 | 0.969 times |
| 11 Wed Sep 2024 | 99.30 | 95.87 | 99.56 | 95.52 | 0.824 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 104.8 as stoploss in an intra day sell trade for a target of 101.02. However, stock will show a bullish move above 104.8.
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 |
| Downside Target | 98.70 |
| Downside Target | 103.37 |
| Downside Target | 104.05 |
| Upside Target | 107.94 |
| Upside Target | 108.01 |
| Upside Target | 111.17 |
| Upside Target | 111.29 |
Intraday share price targets for Shake Shack (SHAK)
| Target Type | Value |
| Downside Intraday Target | 102.8 |
| Downside Intraday Target | 101.44 |
| Upside Intraday Target | 106.76 |
| Upside Intraday Target | 109.36 |
| Upside Intraday Target | 105.4 |
Weekly technical analysis of Shake Shack (SHAK)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 24 Tue Sep 2024 | 104.15 | 108.01 | 108.01 | 104.05 | 0.337 times |
| 20 Fri Sep 2024 | 106.94 | 101.93 | 107.94 | 100.58 | 0.843 times |
| 13 Fri Sep 2024 | 102.05 | 93.96 | 103.37 | 93.96 | 1.285 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 |
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 |
| 24 Tue Sep 2024 | 104.15 | 98.50 | 108.01 | 92.66 | 0.485 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 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 negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this 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.
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 but buying is losing 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 103.74 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 negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this 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.
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 but buying is losing 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 103.74 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.