(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 2024-03-07 View latest technical analysis
10 day averaged volume of Shake Shack is 941790
| Date | Daily Closing Price | Open | High | Low | Volume |
| 07 Thu Mar 2024 | 104.44 | 106.73 | 107.20 | 102.63 | 1.677 times |
| 06 Wed Mar 2024 | 100.96 | 101.06 | 101.82 | 99.15 | 0.611 times |
| 05 Tue Mar 2024 | 100.19 | 103.23 | 103.96 | 99.70 | 1.142 times |
| 04 Mon Mar 2024 | 104.26 | 107.88 | 108.39 | 104.05 | 0.992 times |
| 01 Fri Mar 2024 | 107.25 | 106.34 | 107.29 | 105.15 | 0.929 times |
| 29 Thu Feb 2024 | 106.32 | 104.50 | 107.41 | 103.50 | 1.393 times |
| 28 Wed Feb 2024 | 103.30 | 101.66 | 103.57 | 101.01 | 0.761 times |
| 27 Tue Feb 2024 | 102.14 | 101.13 | 102.52 | 100.07 | 0.805 times |
| 26 Mon Feb 2024 | 101.13 | 98.57 | 102.82 | 98.14 | 1.136 times |
| 23 Fri Feb 2024 | 98.04 | 97.29 | 100.71 | 97.05 | 1 times |
My analysis of stock is bullish for shortterm, but stock is in semi over bought zones and there are some chances of seeing a fall tomorrow. Use 105.5 as stoploss in an intra day sell trade for a target of 95.49. However, stock will show a bullish move above 105.5.
Share price targets for Shake Shack (SHAK)
| Target Type | Value |
| Downside Target | 54.06 |
| Downside Target | 59.94 |
| Downside Target | 63.18 |
| Downside Target | 73.76 |
| Downside Target | 75.46 |
| Downside Target | 78.95 |
| Downside Target | 80.91 |
| Downside Target | 94.58 |
| Downside Target | 98.14 |
| Downside Target | 100.71 |
| Upside Target | 107.41 |
| Upside Target | 108.39 |
Intraday share price targets for Shake Shack (SHAK)
| Target Type | Value |
| Downside Intraday Target | 99.6 |
| Downside Intraday Target | 94.75 |
| Upside Intraday Target | 108.84 |
| Upside Intraday Target | 113.23 |
| Downside Intraday Target | 103.99 |
Weekly technical analysis of Shake Shack (SHAK)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 07 Thu Mar 2024 | 104.44 | 107.88 | 108.39 | 99.15 | 0.88 times |
| 01 Fri Mar 2024 | 107.25 | 98.57 | 107.41 | 98.14 | 1.1 times |
| 23 Fri Feb 2024 | 98.04 | 97.50 | 100.71 | 94.58 | 0.372 times |
| 16 Fri Feb 2024 | 98.29 | 79.69 | 99.85 | 75.46 | 3.281 times |
| 09 Fri Feb 2024 | 79.59 | 76.25 | 80.91 | 73.76 | 0.727 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 |
| 07 Thu Mar 2024 | 104.44 | 106.34 | 108.39 | 99.15 | 0.204 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 |
| 29 Fri Dec 2023 | 74.12 | 60.26 | 76.74 | 59.94 | 1.071 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 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 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 Strong and stock is gaining momentum.
MACD generated a SELL signal for Shake Shack in short term but the sell signal is initial and weak.
Shake Shack Stock in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. 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 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 103.02 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 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 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 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 Strong and stock is gaining momentum.
MACD generated a SELL signal for Shake Shack in short term but the sell signal is initial and weak.
Shake Shack Stock in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. 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 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 103.02 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.