(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.
10 day averaged volume of Shake Shack is 886870
| Date | Daily Closing Price | Open | High | Low | Volume |
| 03 Fri May 2024 | 107.47 | 106.96 | 109.48 | 106.96 | 1.126 times |
| 02 Thu May 2024 | 104.94 | 105.50 | 108.73 | 101.46 | 2.127 times |
| 01 Wed May 2024 | 103.33 | 105.03 | 106.14 | 102.47 | 1.181 times |
| 30 Tue Apr 2024 | 105.85 | 104.51 | 106.38 | 103.88 | 0.764 times |
| 29 Mon Apr 2024 | 105.80 | 105.23 | 106.39 | 103.45 | 0.952 times |
| 26 Fri Apr 2024 | 104.88 | 102.91 | 105.81 | 101.87 | 1.344 times |
| 25 Thu Apr 2024 | 101.38 | 98.11 | 101.80 | 97.08 | 0.81 times |
| 24 Wed Apr 2024 | 99.54 | 100.01 | 101.20 | 99.17 | 0.592 times |
| 23 Tue Apr 2024 | 99.99 | 96.00 | 100.50 | 95.97 | 0.772 times |
| 22 Mon Apr 2024 | 95.40 | 94.64 | 95.56 | 92.93 | 0.685 times |
Although my analysis for stock is bullish for shortterm, but stock is over bought and there are high chances of some profit booking tomorrow. You might want to sell the stock tomorrow in intra day with a stoploss of 109, for a target of 104.2 or 100.15
Share price targets for Shake Shack (SHAK)
| Target Type | Value |
| Downside Target | 64.16 |
| Downside Target | 73.76 |
| Downside Target | 78.95 |
| Downside Target | 92.93 |
| Downside Target | 99.15 |
| Downside Target | 105.81 |
| Downside Target | 107.35 |
| Downside Target | 107.41 |
| Upside Target | 109.48 |
| Upside Target | 110.90 |
Intraday share price targets for Shake Shack (SHAK)
| Target Type | Value |
| Downside Intraday Target | 102.79 |
| Downside Intraday Target | 98.12 |
| Upside Intraday Target | 110.81 |
| Upside Intraday Target | 114.16 |
| Downside Intraday Target | 106.14 |
Weekly technical analysis of Shake Shack (SHAK)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 03 Fri May 2024 | 107.47 | 105.23 | 109.48 | 101.46 | 1.464 times |
| 26 Fri Apr 2024 | 104.88 | 94.64 | 105.81 | 92.93 | 1.223 times |
| 19 Fri Apr 2024 | 94.40 | 97.72 | 99.99 | 93.46 | 0.983 times |
| 12 Fri Apr 2024 | 97.21 | 102.00 | 103.17 | 94.67 | 0.841 times |
| 05 Fri Apr 2024 | 101.24 | 105.00 | 107.35 | 100.00 | 0.9 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 |
| 03 Fri May 2024 | 107.47 | 105.03 | 109.48 | 101.46 | 0.261 times |
| 30 Tue Apr 2024 | 105.85 | 105.00 | 107.35 | 92.93 | 0.794 times |
| 28 Thu Mar 2024 | 104.03 | 106.34 | 110.90 | 99.15 | 0.77 times |
| 29 Thu Feb 2024 | 106.32 | 76.11 | 107.41 | 73.76 | 1.241 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 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 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 Weak and stock is gaining 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 moving up
CCI has generated a buy signal for Shake Shack in short term and BUY 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 103.58 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 negative.
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 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 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 Weak and stock is gaining 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 moving up
CCI has generated a buy signal for Shake Shack in short term and BUY 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 103.58 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 negative.
Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.