SHAKE SHACK INC - CLASS A (SHAK)

US8190471016 - Common Stock

104.88  +3.5 (+3.45%)

After market: 104.88 0 (0%)

Technical Rating and Analysis

10

Taking everything into account, SHAK scores 10 out of 10 in our technical rating. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, SHAK is showing a nice and steady performance.

The long and short term trends are both positive. This is looking good!
When comparing the yearly performance of all stocks, we notice that SHAK is one of the better performing stocks in the market, outperforming 96% of all stocks.
SHAK is one of the better performing stocks in the Hotels, Restaurants & Leisure industry, it outperforms 94% of 135 stocks in the same industry.
SHAK is currently trading in the upper part of its 52 week range. The S&P500 Index is also trading in the upper part of its 52 week range, so SHAK is performing more or less in line with the market.
In the last month SHAK has a been trading in the 92.93 - 107.35 range, which is quite wide. It is currently trading near the high of this range.
Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
Weekly and Daily overview Charts
SHAK Weekly chart
SHAK Daily chart
Setup Rating and Analysis

3

Although SHAK has an excellent technical rating, it does not offer a high quality setup at the moment. Prices have been extended to the upside lately. For a nice entry it is better to wait for a consolidation.

Support and Resistance Analysis

52.03

110.36

When analyzing the support we can see 4 important areas.

  • A support zone ranging from 94.40 to 99.47. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • Support @82.00 from a trend line in the daily time frame.
  • Support @61.71 from a trend line in the weekly time frame.
  • Support @52.56 from a horizontal line in the weekly time frame.

When analyzing the resistance we notice 2 important areas.

  • Resistance @107.25 from a horizontal line in the daily time frame.
  • A resistance zone ranging from 109.27 to 109.27. This zone is formed by a combination of multiple trend lines in multiple time frames.
Statistics, Performance, Trends, Indicators, Chart- and CandleStick Patterns
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS96.29
Mansfield2.77
10 Day High105.81
10 Day Low92.93
20 Day High107.35
20 Day Low92.93
52 Week High110.9
52 Week Low52.64
Performance
1 Week11.1%
2 Weeks7.89%
1 Month0.82%
3 Month42.35%
6 Month90.73%
12 Month91.35%
2 Year81.36%
3 Year-3.56%
5 Year71.09%
10 YearN/A
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)0.48
RSI(14)62.01
LBB92.52
UBB103.65
SHAK Daily chart

SHAKE SHACK INC - CLASS A

NYSE:SHAK (4/26/2024, 7:15:58 PM)

After market: 104.88 0 (0%)

104.88

+3.5 (+3.45%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorConsumer Discretionary
GICS IndustryHotels, Restaurants & Leisure
Performance
% Chg3.45%
1 Week11.1%
2 Weeks7.89%
1 Month0.82%
3 Month42.35%
6 Month90.73%
12 Month91.35%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)3.39
ATR(20)%3.1%
ATR Inc
Range Today3.94
ADR(20)
ADR(20)%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS
Mansfield
10 Day High105.81
10 Day Low92.93
20 Day High107.35
20 Day Low92.93
52 Week High110.9
52 Week Low52.64
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume1.19M
Volume Incr0.4%
Vol(5)745.40K
Vol(50)973.00K