(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 2024-11-20 View latest technical analysis
10 day averaged volume of Shake Shack is 953380
| Date | Daily Closing Price | Open | High | Low | Volume |
| 20 Wed Nov 2024 | 119.27 | 119.00 | 119.41 | 117.50 | 0.689 times |
| 19 Tue Nov 2024 | 119.09 | 115.88 | 120.72 | 115.25 | 0.992 times |
| 18 Mon Nov 2024 | 116.49 | 121.53 | 121.60 | 115.74 | 1.345 times |
| 15 Fri Nov 2024 | 121.53 | 124.11 | 124.36 | 121.01 | 0.785 times |
| 14 Thu Nov 2024 | 124.07 | 127.60 | 128.82 | 123.84 | 1.025 times |
| 13 Wed Nov 2024 | 127.63 | 132.27 | 133.32 | 127.51 | 0.818 times |
| 12 Tue Nov 2024 | 130.51 | 130.45 | 132.08 | 129.34 | 0.838 times |
| 11 Mon Nov 2024 | 130.73 | 134.50 | 134.50 | 129.84 | 0.853 times |
| 08 Fri Nov 2024 | 131.33 | 130.12 | 133.06 | 129.14 | 0.915 times |
| 07 Thu Nov 2024 | 131.86 | 132.76 | 134.90 | 131.34 | 1.162 times |
My analysis of stock is bearish for shortterm, and stock might move down till 115.6 or till 107.1. Use a stoploss of 122.59 and if the stock hits stoploss, then it can shoot up till 129.62
Share price targets for Shake Shack (SHAK)
| Target Type | Value |
| Downside Target | 77.50 |
| Downside Target | 89.17 |
| Downside Target | 92.50 |
| Downside Target | 100.71 |
| Downside Target | 106.39 |
| Downside Target | 110.05 |
| Upside Target | 120.88 |
| Upside Target | 121.60 |
| Upside Target | 130.20 |
| Upside Target | 134.50 |
| Upside Target | 134.90 |
Intraday share price targets for Shake Shack (SHAK)
| Target Type | Value |
| Downside Intraday Target | 115.81 |
| Downside Intraday Target | 112.36 |
| Upside Intraday Target | 122.16 |
| Upside Intraday Target | 125.06 |
| Downside Intraday Target | 118.71 |
Weekly technical analysis of Shake Shack (SHAK)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 20 Wed Nov 2024 | 119.27 | 121.53 | 121.60 | 115.25 | 0.701 times |
| 15 Fri Nov 2024 | 121.53 | 134.50 | 134.50 | 121.01 | 0.773 times |
| 08 Fri Nov 2024 | 131.33 | 123.00 | 134.90 | 120.88 | 0.517 times |
| 01 Fri Nov 2024 | 124.10 | 113.48 | 130.20 | 112.14 | 3.189 times |
| 25 Fri Oct 2024 | 110.45 | 110.50 | 113.13 | 106.39 | 0.953 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 |
| 20 Wed Nov 2024 | 119.27 | 121.30 | 134.90 | 115.25 | 0.538 times |
| 31 Thu Oct 2024 | 121.67 | 101.46 | 130.20 | 100.71 | 1.6 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 |
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 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 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 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 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
Although the stock is in the BUY zone, but buying 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 125.05 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 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 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 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 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
Although the stock is in the BUY zone, but buying 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 125.05 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.