(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 2024-10-01 View latest technical analysis
10 day averaged volume of Shake Shack is 739060
| Date | Daily Closing Price | Open | High | Low | Volume |
| 01 Tue Oct 2024 | 101.73 | 101.46 | 103.61 | 100.71 | 0.755 times |
| 30 Mon Sep 2024 | 103.21 | 104.40 | 105.03 | 101.65 | 1.057 times |
| 27 Fri Sep 2024 | 104.71 | 106.49 | 106.90 | 104.42 | 0.98 times |
| 26 Thu Sep 2024 | 106.13 | 106.88 | 110.05 | 104.69 | 1.332 times |
| 25 Wed Sep 2024 | 105.75 | 104.11 | 107.12 | 103.72 | 0.887 times |
| 24 Tue Sep 2024 | 104.15 | 105.00 | 106.55 | 104.05 | 0.776 times |
| 23 Mon Sep 2024 | 106.57 | 108.01 | 108.01 | 105.37 | 0.856 times |
| 20 Fri Sep 2024 | 106.94 | 107.58 | 107.94 | 106.17 | 1.193 times |
| 19 Thu Sep 2024 | 107.48 | 107.09 | 107.50 | 105.42 | 0.887 times |
| 18 Wed Sep 2024 | 103.86 | 103.70 | 106.45 | 102.71 | 1.097 times |
My analysis of stock is bearish for shortterm, and stock might move down till 98 or till 93.3. Use a stoploss of 101.97 and if the stock hits stoploss, then it can shoot up till 105.93
Share price targets for Shake Shack (SHAK)
| Target Type | Value |
| Downside Target | 77.50 |
| Downside Target | 86.89 |
| Downside Target | 89.17 |
| Downside Target | 92.50 |
| Downside Target | 96.67 |
| Downside Target | 100.00 |
| Upside Target | 103.37 |
| Upside Target | 103.72 |
| Upside Target | 105.03 |
| Upside Target | 107.94 |
| Upside Target | 110.05 |
| Upside Target | 111.17 |
Intraday share price targets for Shake Shack (SHAK)
| Target Type | Value |
| Downside Intraday Target | 99.95 |
| Downside Intraday Target | 98.17 |
| Upside Intraday Target | 104.27 |
| Upside Intraday Target | 106.81 |
| Upside Intraday Target | 102.49 |
Weekly technical analysis of Shake Shack (SHAK)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 01 Tue Oct 2024 | 101.73 | 104.40 | 105.03 | 100.71 | 0.375 times |
| 27 Fri Sep 2024 | 104.71 | 108.01 | 110.05 | 103.72 | 0.997 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 |
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 |
| 01 Tue Oct 2024 | 101.73 | 101.46 | 103.61 | 100.71 | 0.036 times |
| 30 Mon Sep 2024 | 103.21 | 98.50 | 110.05 | 92.66 | 0.609 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 |
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 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 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 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 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 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 105.15 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 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 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 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 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 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 105.15 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.