SHAK NEWS why is Shake Shack, Inc. price falling or rising

SHAK NEWS reasons for why stock price of Shake Shack, Inc. is falling or rising

SHAK Shake Shack is falling or rising technical reasons

Technical analysis forecast for Shake Shack Stock is that its in a downtrend for shortterm, and I will avoid taking a BUY or a LONG trade in this stock. Look for opportunities to sell or SHORT Shake Shack SHAK at this time. Stock is falling and might fall more.

It appears as if Shake Shack SHAK gave a large move recently.

Stock of Shake Shack (SHAK) is trading below an important moving average line, and it has been below this line for quite some time now. This is not a good sign, stock might keep falling and stock might move lower...

My analysis of Shake Shack is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if Shake Shack stays below 81.8, but if it comes above 81.8, then a intra day buy could be more profitable.
If you take a sell trade below 81.8, then use 81.8 as stoploss and 78.8 as target. However if you take a buy trade in Shake Shack, then use 81.8 as stoploss and 84.32 as target.

SHAK Shake Shack is falling or rising NEWS fundamental reasons

More announcements and NEWS

SHAK Shake Shack, Inc. current price & indicator signals

Moving Averages for Shake Shack, Inc.

  • 5Day Average: 80.65
  • 12Day Average: 83.42
  • 20Day Average: 84.37
  • 50Day Average: 89.55
  • 100Day Average: 95.97
  • 150Day Average: 91.28
  • 200Day Average: 84.03

SHAK Indicators & signals

Indicator MACD (12,26,9)

82.74, 85.37, -2.3
Indicator MACD is in negative zone

Indicator ADX (14)

26.32, 15.96, 27.36
Indicator ADX is indicating that momentum is weak.
Momentum is towards selling.

Indicator RSI (14)

Current RSI is: 44
Indicator RSI is indicating buying momentum and stock might rise.

Recent prices of SHAK Shake Shack, Inc. are as follows: Daily volume is divided by 10 day averaged volume

Date Close Range Change % Volume
26 Fri Jul 2024 80.11 78.57 to 80.62 1.61% 0.79 times
25 Thu Jul 2024 78.84 77.50 to 80.15 -0.39% 1.21 times
24 Wed Jul 2024 79.15 78.68 to 83.22 -5.4% 1.55 times
23 Tue Jul 2024 83.67 81.67 to 84.91 2.69% 0.83 times
22 Mon Jul 2024 81.48 80.76 to 84.41 -3.53% 1.2 times
19 Fri Jul 2024 84.46 83.12 to 84.70 0.92% 0.51 times
18 Thu Jul 2024 83.69 82.40 to 85.69 -3.04% 1.04 times
17 Wed Jul 2024 86.31 85.81 to 91.08 -1.89% 0.92 times
16 Tue Jul 2024 87.97 84.67 to 88.22 2.08% 1.07 times
15 Mon Jul 2024 86.18 85.25 to 87.45 1.71% 0.87 times
12 Fri Jul 2024 84.73 83.21 to 86.23 0.33% 0.79 times
11 Thu Jul 2024 84.45 84.41 to 87.07 -0.53% 0.93 times

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