NYSE:SHAK • US8190471016
We assign a technical rating of 5 out of 10 to SHAK. SHAK has been an average performer in the overall market. Recently some decent action could be observed, but in the medium term time frame this is still negative.
SHAK has only a medium technical rating, but it does show a decent setup pattern. Prices have been consolidating lately. There is a support zone below the current price at 93.59, a Stop Loss order could be placed below this zone. Another positive sign is the recent Pocket Pivot signal.
79.31
We found 3 important support areas.
When analyzing the resistance we notice 3 important areas.
The Technical Rating and Setup analysis above combine different indicators and trends in different timeframes. Individual signals from indicators may give more contradictive signals and should always be interpreted in the more global context.
| Indicator | Value | Signal | Comment |
|---|---|---|---|
| ChartMill Long Term Trend Indicator | NEUTRAL | NEUTRAL | The long term trend for SHAK is neutral. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for SHAK is neutral. |
| ChartMill Relative Strength | 65.54 | NEUTRAL | SHAK is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of SHAK is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of SHAK is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of SHAK is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 52.71 | NEUTRAL | The RSI value for SHAK is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.17 | POSITIVE | The MACD value suggests SHAK has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 45.95 | NEUTRAL | The Stochastics value for SHAK is a neutral value. |
| Average True Range in percent/ATR (20) | 5.46 | HIGH VOLATILITY | The high ATR as a percentage value for SHAK suggests high volalility. |
| Average Directional Index/ADX (14) | 17.46 | NEGATIVE | The low ADX value for SHAK suggests a weak or negative trend. |
94.44
-1.57 (-1.64%)
ChartMill assigns a technical rating of 5 / 10 to SHAK.
The current trend direction for SHAKE SHACK INC - CLASS A (SHAK) is Bearish.
SHAKE SHACK INC - CLASS A (SHAK) has an RSI value of 52.7096. This indicates that the stock is currently neutral.
The MACD indicator for SHAKE SHACK INC - CLASS A (SHAK) has a value of 0.17306, indicating a bearish trend.
The short term momentum for SHAKE SHACK INC - CLASS A (SHAK) is neutral.