Login or Join
 Learn then Earn

(SHALBY) Shalby complete technical analysis [charts+indicators] | Buy/Sell Shalby | (SHALBY) share price targets

Complete technical analysis of Shalby (SHALBY) by charts plus indicators, forecast predictions and share price targets for Shalby (SHALBY)

10 day averaged volume of Shalby is 110095

Date Daily Closing Price Open High Low Volume
17 Fri May 2024 275.85 274.50 279.90 269.80 1.106 times
16 Thu May 2024 269.40 273.00 275.20 267.05 0.681 times
15 Wed May 2024 272.25 267.90 276.45 267.15 0.745 times
14 Tue May 2024 267.30 270.20 274.20 262.35 1.028 times
13 Mon May 2024 268.85 272.90 276.85 264.20 0.763 times

My analysis of stock is bullish for shortterm, but stock is in semi over bought zones and there are some chances of seeing a fall tomorrow. Use 278.5 as stoploss in an intra day sell trade for a target of 272.11. However, stock will show a bullish move above 278.5.

Share price targets for Shalby (SHALBY)

Target Type Value
Downside Target 210.35
Downside Target 240.00
Downside Target 255.00
Downside Target 260.80
Downside Target 275.85
Upside Target 279.90
Upside Target 283.20
Upside Target 287.15
Upside Target 289.00
Upside Target 294.00
Upside Target 332.00
Upside Target 339.50

Intraday share price targets for Shalby (SHALBY)

Target Type Value
Downside Intraday Target 265.5
Downside Intraday Target 255.15
Upside Intraday Target 283.05
Upside Intraday Target 290.25
Downside Intraday Target 272.7

Weekly technical analysis of Shalby (SHALBY)

Date Weekly Closing Price Open High Low Volume
17 Fri May 2024 275.85 272.90 279.90 262.35 0.761 times
10 Fri May 2024 270.95 268.00 276.75 255.00 1.591 times
03 Fri May 2024 267.90 279.95 283.20 266.05 0.458 times
26 Fri Apr 2024 279.75 269.90 289.00 267.50 2.002 times
19 Fri Apr 2024 266.65 271.35 276.15 261.80 0.26 times

Price has moved up this week, but volume has not increased substantially. This means that the move can be temporary and might not continue in coming weeks.

Monthly technical analysis of Shalby (SHALBY)

Date Monthly Closing Price Open High Low Volume
17 Fri May 2024 275.85 278.70 279.90 255.00 0.252 times
30 Tue Apr 2024 277.30 240.25 294.00 240.00 0.947 times
28 Thu Mar 2024 239.10 269.30 275.85 210.35 0.989 times
29 Thu Feb 2024 269.30 310.20 332.00 260.80 0.965 times

Price has moved down this month, but volume has not increased substantially. This means that the move can be temporary and might not continue in coming months.

Indicators analysis of Shalby (SHALBY)

Indicator Name Indicator Value Indicator Signal
ADX 20, 16, 12 Buy
MACD 1, 1Buy
Stochastics 74Buy
CCI 122Buy
RSI 58Buy
OBV -222445Sell
VWAP 268Buy
ADL 0Sell
ROC 3Buy
Force Index 0Sell

Price action analysis of Shalby ( (SHALBY) ) based on a short term time period is positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.

Price action analysis of Shalby ( (SHALBY) ) based on a short term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.

Price action analysis of Shalby ( (SHALBY) ) based on a short to mid term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.

Price action analysis of Shalby ( (SHALBY) ) based on a mid to longer term time period is positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.

ADX buy sell signal for Shalby stock for short term is BUY. Signal strength is Weak and stock is gaining momentum.

MACD generated a BUY signal for Shalby in short term and the buy signal is strong.

MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.

Shalby Stock is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting stronger in this stock.

Ichimoku cloud is of red color and prices are in or above the red cloud Prices appear to be moving up

CCI has generated a buy signal for Shalby in short term and BUY signal is strong.

RSI is generating a BUY signal in short term and the buying is gaining momentum.

MRSI is in negative zone. This is the SELL zone

Stock of Shalby is picking up buying momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 268.05 and Shalby (SHALBY) stock is trading above this level. This is a good sign for the stock and it could move higher. VWAP is rising upwards.

People seem to be coming out and selling the Shalby (SHALBY) stock. Volume based technical analysis of Shalby (SHALBY) stock is negative.

Shalby Stock is giving positive returns over a short term period. Returns for a longer term period have been positive

Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.

Click here for Shalby charts

Click here for further forecast and predictions for tomorrow

 Learn then Earn
Back to top | Use Dark Theme