(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 2024-10-09 View latest technical analysis
10 day averaged volume of Shake Shack is 735480
| Date | Daily Closing Price | Open | High | Low | Volume |
| 09 Wed Oct 2024 | 108.03 | 109.13 | 110.00 | 106.53 | 1.328 times |
| 08 Tue Oct 2024 | 108.47 | 108.49 | 110.78 | 107.91 | 0.958 times |
| 07 Mon Oct 2024 | 108.25 | 110.00 | 110.93 | 107.11 | 0.909 times |
| 04 Fri Oct 2024 | 110.02 | 107.90 | 110.43 | 106.46 | 1.137 times |
| 03 Thu Oct 2024 | 104.58 | 104.00 | 104.99 | 103.20 | 0.804 times |
| 02 Wed Oct 2024 | 104.90 | 101.03 | 105.67 | 100.96 | 1.157 times |
| 01 Tue Oct 2024 | 101.73 | 101.46 | 103.61 | 100.71 | 0.759 times |
| 30 Mon Sep 2024 | 103.21 | 104.40 | 105.03 | 101.65 | 1.062 times |
| 27 Fri Sep 2024 | 104.71 | 106.49 | 106.90 | 104.42 | 0.985 times |
| 26 Thu Sep 2024 | 106.13 | 106.88 | 110.05 | 104.69 | 1.339 times |
My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 107.6, but if it comes below 107.6, then a intra day sell could be more profitable.
If you take a sell trade below 107.6, then use 107.6 as stoploss and 105.15 as target. However if you take a buy trade in stock , then use 107.6 as stoploss and 110.6 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 | 92.50 |
| Downside Target | 96.67 |
| Downside Target | 100.58 |
| Downside Target | 103.37 |
| Downside Target | 106.53 |
| Upside Target | 110.05 |
| Upside Target | 110.43 |
| Upside Target | 110.93 |
| Upside Target | 111.17 |
Intraday share price targets for Shake Shack (SHAK)
| Target Type | Value |
| Downside Intraday Target | 106.06 |
| Downside Intraday Target | 104.1 |
| Upside Intraday Target | 110.46 |
| Upside Intraday Target | 112.9 |
| Upside Intraday Target | 108.5 |
Weekly technical analysis of Shake Shack (SHAK)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 09 Wed Oct 2024 | 108.03 | 110.00 | 110.93 | 106.53 | 0.649 times |
| 04 Fri Oct 2024 | 110.02 | 104.40 | 110.43 | 100.71 | 1.013 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 |
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 |
| 09 Wed Oct 2024 | 108.03 | 101.46 | 110.93 | 100.71 | 0.335 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 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 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 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.
MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.
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 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 106.19 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 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 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 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.
MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.
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 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 106.19 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.