For its latest trading sesion, Shake Shack, Inc. (NYSE:SHAK) dropped by -2.6% – here is what that looked like (as of 2019-12-24):

What’s the reason for these moves? To have a greater insight of what is happening, We ought to analyze some technical indicators. The most important ones are as follows:

A *Money Flow Index* (MFI) of 51.057, a *Relative Strength Index* (RSI) of 50.0, a *True Strength Index* (TSI) of -100.0, a *Moving Average Convergence Divergence (MACD)* of 0.038, an *Average Directional Movement Index* (ADX) of unknown, an *Average True Range* (ATR) of 1.833, an *Accumulation/Distribution Index* (ADI) of 1.833, an *On-Balance Volume* (OBV) of 4686.194, and a *Chaiikin Money Flow* (CMF) of 61.5. 75.8

Now let’s take all these indicators into account. Consulting *Trading View*, we can conclude the following:

So there you have it – our analysis of Shake Shack, Inc. (NYSE:SHAK). Note this is *technical* analysis only! You should do fundamental research as well, and __do not just rely on this__ – we take no responsibility for any losses incurred if you buy or sell based on the above.