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Stock Trend Analysis Report
Prepared for you on Wednesday, May 8, 2024.
Shake Shack, Inc. Class A (NYSE:SHAK)
Countertrend Up (+85) - SHAK is showing short-term weakness. However, look for the longer-term bullish trend to resume. As always, continue to monitor the trend score and utilize a stop order.
Is it time to buy, sell, or avoid SHAK?
MarketClub looks at technical strength and momentum to determine if the timing is right for SHAK.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
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MarketClub’s Trade Triangles for SHAK
The long-term trend has been UP since Dec 14th, 2023 at 70.8600
The intermediate-term trend has been UP since Apr 29th, 2024 at 105.8100
The short-term trend has been DOWN since May 8th, 2024 at 104.4547
Smart Scan Analysis for SHAK
Based on our trend formula, SHAK is rated as a +85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 103.000 | 104.475 | 101.590 | 102.735 | -2.415 |
| Prev. Close | Volume | Bid | Ask | Time |
| 105.150 | 617432 | 2024-05-08 15:59:38 |
| Year High | 70.12 | Year High Date | 2018-07-20 |
| Year Low | 36.58 | Year Low Date | 2018-02-20 |
| 52wk High | 111.2895 | 52wk High Date | 2024-05-06 |
| 52wk Low | 52.79 | 52wk Low Date | 2023-10-13 |
| Average Volume | 806,435 | Shares Outstanding | 42,470 |
| Market Cap | 3,953M | Assets | 161,883,200M |
| Liabilities | 117,244,600M | P/E Ratio | 184.4737 |
| Volatility | 64.72 |