(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 2024-03-13 View latest technical analysis
10 day averaged volume of Shake Shack is 969510
| Date | Daily Closing Price | Open | High | Low | Volume |
| 13 Wed Mar 2024 | 102.86 | 102.42 | 104.45 | 102.12 | 0.675 times |
| 12 Tue Mar 2024 | 102.42 | 100.32 | 103.17 | 100.08 | 0.836 times |
| 11 Mon Mar 2024 | 100.07 | 103.46 | 103.54 | 99.16 | 1.058 times |
| 08 Fri Mar 2024 | 103.63 | 105.11 | 106.54 | 103.05 | 0.816 times |
| 07 Thu Mar 2024 | 104.44 | 106.73 | 107.20 | 102.63 | 1.629 times |
| 06 Wed Mar 2024 | 100.96 | 101.06 | 101.82 | 99.15 | 0.594 times |
| 05 Tue Mar 2024 | 100.19 | 103.23 | 103.96 | 99.70 | 1.11 times |
| 04 Mon Mar 2024 | 104.26 | 107.88 | 108.39 | 104.05 | 0.964 times |
| 01 Fri Mar 2024 | 107.25 | 106.34 | 107.29 | 105.15 | 0.902 times |
| 29 Thu Feb 2024 | 106.32 | 104.50 | 107.41 | 103.50 | 1.353 times |
My analysis of stock is bullish for shortterm, and stock might move up till 106 or till 113.1. Use a stoploss of 100.11 and if this stock hits its stoploss, then it can fall down till 94.2
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 | 94.58 |
| Downside Target | 98.14 |
| Downside Target | 100.71 |
| Upside Target | 104.45 |
| Upside Target | 107.41 |
| Upside Target | 108.39 |
Intraday share price targets for Shake Shack (SHAK)
| Target Type | Value |
| Downside Intraday Target | 99.86 |
| Downside Intraday Target | 96.87 |
| Upside Intraday Target | 105.15 |
| Upside Intraday Target | 107.45 |
| Downside Intraday Target | 102.16 |
Weekly technical analysis of Shake Shack (SHAK)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 13 Wed Mar 2024 | 102.86 | 103.46 | 104.45 | 99.16 | 0.503 times |
| 08 Fri Mar 2024 | 103.63 | 107.88 | 108.39 | 99.15 | 1.047 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 |
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 |
| 13 Wed Mar 2024 | 102.86 | 106.34 | 108.39 | 99.15 | 0.337 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 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 term time period is positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.
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 is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are getting stronger in this stock.
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 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
Stock of Shake Shack is picking up buying momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 103.44 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 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 term time period is positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.
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 is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are getting stronger in this stock.
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 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
Stock of Shake Shack is picking up buying momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 103.44 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.