
Technical analysis of Shake Shack Inc. (stock) with the Montbon Method — Elliott Waves, moving averages and a 0–100 score.
Shake Shack Inc. is a restaurant company that owns, operates, and licenses Shake Shack restaurants in the United States and internationally. The restaurants offer burgers, chicken, hot dogs, crinkle cut fries, shakes, frozen custard, and other products, including beer and wine. The company was founded in 2001 and is based in New York, New York.
Description generated automatically from public sources; it may be inaccurate or out of date.
Closing values for October 19, 2026, computed on the last 12 months of prices.
21 sessions
63.28 $
+13.76%
50 sessions
66.25 $
+8.66%
200 sessions
76.14 $
−5.45%
s2
67.92
Support
s1
68.95
Support
pivot
70.43
Pivot
r1
71.47
Resistance
r2
72.95
Resistance
In the October 19, 2026 session Shake Shack Inc. closed higher at 71.99 $, +2.86% versus the previous session.
The price sits mixed against its moving averages: +13.76% against the 21-session average, +8.66% against the 50 and −5.45% against the 200.
The 14-period RSI reads 66.5, in neutral territory.
MACD stands at 2.197 against a signal line at 0.965: the histogram is positive (+1.232).
ADX reads 29.1, indicating a marked directionality.
Levels computed on the latest session place supports at 68.95 and 67.92 $ and resistances at 71.47 and 72.95 $, around a pivot of 70.43.
The average daily range (ATR) is 2.699 $, or 3.75% of price.
Turnover was 720.2K shares, 50% of the 20-session average.
Over the last twelve months the price ranged between 51.60 and 103.87 $, and today stands −30.69% from the period high.
Measures computed on closing prices. They describe the past; they are not forecasts.
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Montbon analyses markets with Elliott Waves, multi-timeframe moving averages and a 0–100 score summarising the technical setup. It is an informational screening tool.
Elliott Waves
Wave counting to frame the price structure.
MTF moving averages
Moving averages across timeframes to read the trend.
0–100 score
A technical summary of the setup, updated daily.
How is Shake Shack Inc. analysed technically?
Technical analysis of Shake Shack Inc. is based on price charts and indicators such as moving averages, RSI and MACD, to observe trend, momentum and volatility across different time horizons.
Which timeframes are used for Shake Shack Inc.?
The daily and weekly charts are typically used for medium-to-long-term trends, while intraday charts (for example 1-hour or 15-minute) are used for short-term movements.
What are Elliott Waves applied to Shake Shack Inc.?
Elliott Wave theory describes price moves as sequences of impulsive and corrective waves; applied to Shake Shack Inc. it helps frame the technical structure of the historical chart and is not a forecast.
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