SHAKE SHACK INC - CLASS A (SHAK) Stock Technical Analysis
NYSE:SHAK - New York Stock Exchange, Inc. - US8190471016 - Common Stock - Currency: USD
Taking everything into account, SHAK scores 0 out of 10 in our technical rating. SHAK's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
The short term trend is neutral, while the long term trend is still negative. We need to see a little more continued positive action to make this really interesting.
77% of all other stocks performed better in the past year than SHAK.
SHAK is one of the lesser performing stocks in the Hotels, Restaurants & Leisure industry. 60% of 136 stocks in the same industry do better.
SHAK is currently trading in the lower part of its 52 week range, which is not a good signal. Agreed, the S&P500 Index is also not doing fantastic, but it still sitting in the middle of its 52 week range.
SHAK has an average volume of 1564040 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
In the last month SHAK has a been trading in the 72.93 - 97.31 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Although the technical rating is bad, SHAK does present a nice setup opportunity. We see reduced volatility while prices have been consolidating in the most recent period. There is a resistance zone just above the current price starting at 93.74. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 85.07, a Stop Loss order could be placed below this zone.
More info and screens
77.77
112.07
2 important support areas can be observed.
- A support zone ranging from 83.99 to 85.07. 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 78.56 to 80.45. This zone is formed by a combination of multiple trend lines in multiple time frames.
2 important resistance areas can be observed.
- A resistance zone ranging from 93.74 to 95.71. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @110.96 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
CRS23.81
Mansfield-1.13
10 Day High92.2
10 Day Low78.5
20 Day High97.31
20 Day Low72.93
52 Week High139.89
52 Week Low72.93
Performance
1 Week11.83%
2 Weeks2.68%
1 Month-3.6%
3 Month-24.52%
6 Month-18.54%
12 Month-14.22%
2 Year64.15%
3 Year55.58%
5 Year65.05%
10 Year30.87%
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)1.37
RSI(14)53.16
LBB75.37
UBB90.42
89.97
+1.98 (+2.25%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorConsumer Discretionary
GICS IndustryHotels, Restaurants & Leisure
Performance
% Chg2.25%
1 Week11.83%
2 Weeks2.68%
1 Month-3.6%
3 Month-24.52%
6 Month-18.54%
12 Month-14.22%
2 Year64.15%
3 Year55.58%
5 Year65.05%
10 Year30.87%
15 YearN/A
Volatility
ATR(14)6.16
ATR(20)%6.98%
ATR Inc-27.47%
Range Today3.2
ADR(20)5.45
ADR(20)%6.06%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS23.81
Mansfield-1.13
10 Day High92.2
10 Day Low78.5
20 Day High97.31
20 Day Low72.93
52 Week High139.89
52 Week Low72.93
CS1 End85.07
CR1 Start93.74
Volume & EV
DER(3)-0.5%
DER(5)-0.19%
Volume1.01M
Volume Incr-22.91%
Vol(5)1.10M
Vol(50)1.56M