(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 2024-04-11 View latest technical analysis
10 day averaged volume of Shake Shack is 759100
| Date | Daily Closing Price | Open | High | Low | Volume |
| 11 Thu Apr 2024 | 99.44 | 99.14 | 99.50 | 98.13 | 0.627 times |
| 10 Wed Apr 2024 | 98.68 | 95.88 | 99.28 | 94.67 | 1.151 times |
| 09 Tue Apr 2024 | 98.51 | 102.16 | 102.32 | 98.30 | 1.049 times |
| 08 Mon Apr 2024 | 102.49 | 102.00 | 103.17 | 101.64 | 0.622 times |
| 05 Fri Apr 2024 | 101.24 | 100.28 | 101.98 | 100.14 | 0.793 times |
| 04 Thu Apr 2024 | 100.33 | 103.07 | 104.19 | 100.00 | 0.809 times |
| 03 Wed Apr 2024 | 102.40 | 103.08 | 104.89 | 102.19 | 0.717 times |
| 02 Tue Apr 2024 | 103.40 | 104.25 | 104.39 | 102.75 | 1.515 times |
| 01 Mon Apr 2024 | 106.45 | 105.00 | 107.35 | 104.61 | 1.023 times |
| 28 Thu Mar 2024 | 104.03 | 104.74 | 108.02 | 103.86 | 1.116 times |
My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 100.5, but if it comes above 100.5, then a intra day buy could be more profitable.
If you take a sell trade below 100.5, then use 100.5 as stoploss and 96.8 as target. However if you take a buy trade in stock , then use 100.5 as stoploss and 103.55 as target.
Share price targets for Shake Shack (SHAK)
| Target Type | Value |
| Downside Target | 59.94 |
| Downside Target | 64.16 |
| Downside Target | 73.76 |
| Downside Target | 76.74 |
| Downside Target | 78.95 |
| Downside Target | 94.67 |
| Downside Target | 99.15 |
| Upside Target | 102.01 |
| Upside Target | 105.30 |
| Upside Target | 107.35 |
| Upside Target | 107.41 |
| Upside Target | 108.52 |
| Upside Target | 110.90 |
Intraday share price targets for Shake Shack (SHAK)
| Target Type | Value |
| Downside Intraday Target | 95.02 |
| Downside Intraday Target | 90.59 |
| Upside Intraday Target | 103.52 |
| Upside Intraday Target | 107.59 |
| Downside Intraday Target | 99.09 |
Weekly technical analysis of Shake Shack (SHAK)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 11 Thu Apr 2024 | 99.44 | 102.00 | 103.17 | 94.67 | 0.71 times |
| 05 Fri Apr 2024 | 101.24 | 105.00 | 107.35 | 100.00 | 0.9 times |
| 28 Thu Mar 2024 | 104.03 | 108.35 | 108.52 | 102.01 | 0.828 times |
| 22 Fri Mar 2024 | 109.27 | 104.08 | 110.90 | 102.53 | 1.199 times |
| 15 Fri Mar 2024 | 103.69 | 103.46 | 105.30 | 99.16 | 0.833 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 |
| 11 Thu Apr 2024 | 99.44 | 105.00 | 107.35 | 94.67 | 0.332 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 |
| 31 Wed Jan 2024 | 75.56 | 73.15 | 78.95 | 64.16 | 1.145 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 Strong 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 SELL signal in short term and selling is picking up 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 101.84 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 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 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 Strong 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 SELL signal in short term and selling is picking up 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 101.84 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 negative.
Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.