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 2 out of 10. SHAK has been an average performer in the overall market. Also recent evolutions are not that positive: both the medium and short term time frames give negative signs.
SHAK has an average volume of 1221670 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
Both the short term and long term trends are neutral. So this is not the most entertaining stock around.
When compared to the yearly performance of all other stocks, SHAK outperforms 40% of them, which is more or less in line with the market.
SHAK is an average performer in the Hotels, Restaurants & Leisure industry, it outperforms 40% of 135 stocks in the same industry.
SHAK is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so SHAK is lagging the market.
In the last month SHAK has a been trading in the 105.25 - 129.00 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Volume is considerably higher in the last couple of days.
SHAK has a poor technical rating and the quality of the setup is also not perfect 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
98.57
125.06
When analyzing the support we can see 2 important areas.
- A support zone ranging from 106.56 to 108.40. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @99.57 from a trend line in the weekly time frame.
We found 1 important resistance area.
- A resistance zone ranging from 122.83 to 123.82. This zone is formed by a combination of multiple trend lines and important moving averages 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
CRS40.66
Mansfield-0.57
10 Day High129
10 Day Low105.25
20 Day High129
20 Day Low105.25
52 Week High139.89
52 Week Low77.5
Performance
1 Week-0.49%
2 Weeks-5.59%
1 Month-10.36%
3 Month-11.62%
6 Month-0.23%
12 Month10.89%
2 Year94.87%
3 Year45.5%
5 Year82.91%
10 Year151.96%
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)0.58
RSI(14)42.86
LBB103.13
UBB122.39
108.72
-14.89 (-12.05%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorConsumer Discretionary
GICS IndustryHotels, Restaurants & Leisure
Performance
% Chg-12.05%
1 Week-0.49%
2 Weeks-5.59%
1 Month-10.36%
3 Month-11.62%
6 Month-0.23%
12 Month10.89%
2 Year94.87%
3 Year45.5%
5 Year82.91%
10 Year151.96%
15 YearN/A
Volatility
ATR(14)6.1
ATR(20)%4.9%
ATR Inc280.63%
Range Today15.39
ADR(20)4.73
ADR(20)%4.35%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS40.66
Mansfield-0.57
10 Day High129
10 Day Low105.25
20 Day High129
20 Day Low105.25
52 Week High139.89
52 Week Low77.5
CS1 End108.4
CR1 Start122.83
Volume & EV
DER(3)-1.04%
DER(5)-1.77%
Volume3.26M
Volume Incr151.74%
Vol(5)2.86M
Vol(50)1.22M