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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)

Showing technical analysis as on 2024-03-05 View latest technical analysis

10 day averaged volume of Shalby is 235737

Date	Daily Closing Price	Open	High	Low	Volume
05 Tue Mar 2024	246.30	256.45	262.70	244.70	2.057 times
04 Mon Mar 2024	255.10	266.85	269.80	253.20	1.969 times
02 Sat Mar 2024	264.90	266.10	269.90	263.55	0.189 times
01 Fri Mar 2024	266.80	269.30	275.85	264.75	0.998 times
29 Thu Feb 2024	269.30	280.00	282.70	260.80	1.971 times
28 Wed Feb 2024	279.50	287.00	289.50	277.35	0.673 times
27 Tue Feb 2024	287.05	290.00	292.40	281.30	2.083 times
26 Mon Feb 2024	293.25	296.60	296.60	292.00	0.356 times
23 Fri Feb 2024	295.10	298.20	300.00	293.25	0.422 times
22 Thu Feb 2024	296.10	293.10	302.00	289.10	0.805 times

Stock of Shalby (SHALBY) has showed a significant fall. This could be a good time to exit from this stock.

Although my analysis for stock is bearish for shortterm, but stock is in heavy over sold zones and there are high chances of some recovery tomorrow. You might want to buy the stock tomorrow in intra day with a stoploss of 250.3, for a target of 270 or 286.42

Share price targets for Shalby (SHALBY)

Target Type	Value
Downside Target	244.70
Upside Target	260.80
Upside Target	269.80
Upside Target	275.85
Upside Target	286.60
Upside Target	305.90
Upside Target	307.00
Upside Target	327.35
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	237.4
Downside Intraday Target	228.5
Upside Intraday Target	262.5
Upside Intraday Target	278.7
Upside Intraday Target	253.6

Weekly technical analysis of Shalby (SHALBY)

Date	Weekly Closing Price	Open	High	Low	Volume
05 Tue Mar 2024	246.30	266.85	269.80	244.70	0.642 times
02 Sat Mar 2024	264.90	296.60	296.60	260.80	2.266 times
23 Fri Feb 2024	295.10	300.75	305.90	289.10	0.732 times
16 Fri Feb 2024	298.95	295.95	307.00	287.80	0.39 times
09 Fri Feb 2024	295.80	308.20	332.00	293.50	2.564 times

Price has moved down 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
05 Tue Mar 2024	246.30	269.30	275.85	244.70	0.223 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
29 Fri Dec 2023	302.60	308.00	329.60	286.60	0.512 times

Scroll below to view daily charts

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)

Price action analysis of Shalby ( (SHALBY) ) based on a short 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 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 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 SELL. Signal strength is Strong and stock is gaining momentum.

MACD generated a SELL signal for Shalby in short term and the sell signal is strong.

Shalby Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are getting stronger in this stock.

Ichimoku cloud is of red color and prices are below the red cloud Prices appear to be coming down

CCI has generated a SELL signal for Shalby in short term and SELL signal is strong!

RSI is generating a SELL signal in short term and selling is picking up 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 269.84 and Shalby (SHALBY) stock is trading below this level. This means that stock is falling with high volumes. VWAP is falling down

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

Shalby Stock has given negative returns over a short term period. Returns for a longer term period have been negative.

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