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(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 253358

Date	Daily Closing Price	Open	High	Low	Volume
23 Tue Apr 2024	277.65	274.95	279.75	274.10	0.406 times
22 Mon Apr 2024	273.80	269.90	277.00	267.50	0.577 times
19 Fri Apr 2024	266.65	266.00	269.80	261.80	0.334 times
18 Thu Apr 2024	267.70	273.00	274.30	265.50	0.441 times
16 Tue Apr 2024	269.50	269.40	272.00	266.15	0.311 times
15 Mon Apr 2024	269.65	271.35	276.15	266.00	0.606 times
12 Fri Apr 2024	277.40	280.85	280.85	275.25	0.718 times
10 Wed Apr 2024	282.05	282.90	283.60	274.50	0.753 times
09 Tue Apr 2024	281.55	283.80	294.00	275.65	0.975 times
08 Mon Apr 2024	282.10	274.10	288.00	274.10	4.054 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 277.5, but if it comes below 277.5, then a intra day sell could be more profitable.
If you take a sell trade below 277.5, then use 277.5 as stoploss and 262.16 as target. However if you take a buy trade in stock , then use 277.5 as stoploss and 295.9 as target.

Share price targets for Shalby (SHALBY)

Target Type	Value
Downside Target	210.35
Downside Target	236.40
Downside Target	250.00
Downside Target	260.80
Downside Target	267.50
Downside Target	274.10
Upside Target	286.60
Upside Target	287.15
Upside Target	294.00
Upside Target	329.60
Upside Target	332.00
Upside Target	339.50

Intraday share price targets for Shalby (SHALBY)

Target Type	Value
Downside Intraday Target	270.18
Downside Intraday Target	262.72
Upside Intraday Target	282.43
Upside Intraday Target	287.22
Downside Intraday Target	274.97

Weekly technical analysis of Shalby (SHALBY)

Date	Weekly Closing Price	Open	High	Low	Volume
23 Tue Apr 2024	277.65	269.90	279.75	267.50	0.581 times
19 Fri Apr 2024	266.65	271.35	276.15	261.80	0.26 times
12 Fri Apr 2024	277.40	274.10	294.00	274.10	0.812 times
05 Fri Apr 2024	267.40	240.25	274.70	240.00	2.463 times
28 Thu Mar 2024	239.10	247.85	250.00	236.40	0.878 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
23 Tue Apr 2024	277.65	240.25	294.00	240.00	0.799 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
31 Wed Jan 2024	307.75	303.90	339.50	287.15	0.692 times

Scroll below to view daily charts

Price has moved up 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)

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 positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.

Price action analysis of Shalby ( (SHALBY) ) based on a short to mid 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 mid to longer 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.

ADX buy sell signal for Shalby stock for short term is BUY. Signal strength is Strong 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 in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. Bears are weakening, and bulls are picking up momentum!

Ichimoku cloud is of green color and prices are above the green 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 but buying is losing momentum.

MRSI is in positive zone. This is a BUY 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 278.45 and Shalby (SHALBY) stock is trading below this level. This means that stock is falling with high volumes. 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.