SHAKE SHACK INC - CLASS A (SHAK) Stock Technical Analysis
NYSE:SHAK - New York Stock Exchange, Inc. - US8190471016 - Common Stock - Currency: USD
Overall SHAK gets a technical rating of 1 out of 10. SHAK scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
The long term trend is still negative, but the short term trend is neutral. It is advised to wait a little bit longer to see how this turns out.
When comparing the yearly performance of all stocks, SHAK is a bad performer in the overall market: 76% of all stocks are doing better.
In the last month SHAK has a been trading in the 72.93 - 96.19 range, which is quite wide. It is currently trading near the high of this range.
SHAK has an average volume of 1572700 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
SHAK is an average performer in the Hotels, Restaurants & Leisure industry, it outperforms 45% of 136 stocks in the same industry.
SHAK is currently trading in the middle of its 52 week range. This is in line with the S&P500 Index, which is also trading in the middle of its range.
Volume is considerably higher in the last couple of days.
The technical rating of SHAK is bad and it also does not present a quality setup at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
79.06
110.26
2 important support areas can be observed.
- A support zone ranging from 87.74 to 88.88. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A support zone ranging from 79.86 to 80.11. This zone is formed by a combination of multiple trend lines in the weekly time frame.
When analyzing the resistance we notice 2 important areas.
- A resistance zone ranging from 94.38 to 95.02. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @109.17 from a trend line in the daily time frame.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS24.89
Mansfield-0.98
10 Day High96.19
10 Day Low80.97
20 Day High96.19
20 Day Low72.93
52 Week High139.89
52 Week Low72.93
Performance
1 Week3.9%
2 Weeks13.4%
1 Month12.07%
3 Month-20.11%
6 Month-23.96%
12 Month-12.19%
2 Year42.62%
3 Year93.98%
5 Year69.88%
10 Year13.96%
15 YearN/A
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
Technical Indicators
MACD(12,26,9)1.41
RSI(14)58.96
LBB79.08
UBB94.43
94.37
+5.66 (+6.38%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorConsumer Discretionary
GICS IndustryHotels, Restaurants & Leisure
Performance
% Chg6.38%
1 Week3.9%
2 Weeks13.4%
1 Month12.07%
3 Month-20.11%
6 Month-23.96%
12 Month-12.19%
2 Year42.62%
3 Year93.98%
5 Year69.88%
10 Year13.96%
15 YearN/A
Volatility
ATR(14)4.36
ATR(20)%6.15%
ATR Inc82.99%
Range Today6.06
ADR(20)5.23
ADR(20)%5.54%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS24.89
Mansfield-0.98
10 Day High96.19
10 Day Low80.97
20 Day High96.19
20 Day Low72.93
52 Week High139.89
52 Week Low72.93
CS1 End88.88
CR1 Start94.38
Volume & EV
DER(3)0.33%
DER(5)0.07%
Volume2.41M
Volume Incr79.85%
Vol(5)2.60M
Vol(50)1.57M