Daily Technical Analysis Weekly Analysis Monthly Analysis Renko chart MACD chart Bollinger Bands chart Stochastics charts Force Index charts

(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 2024-03-14 View latest technical analysis

10 day averaged volume of Shalby is 362000

Date	Daily Closing Price	Open	High	Low	Volume
14 Thu Mar 2024	231.15	216.50	237.20	215.90	0.795 times
13 Wed Mar 2024	215.85	236.00	243.85	210.35	1.981 times
12 Tue Mar 2024	230.00	240.00	244.85	227.90	0.914 times
11 Mon Mar 2024	238.95	249.95	253.65	237.15	0.756 times
07 Thu Mar 2024	248.55	249.00	250.00	245.70	0.305 times
06 Wed Mar 2024	248.00	247.05	250.90	239.75	1.365 times
05 Tue Mar 2024	246.30	256.45	262.70	244.70	1.34 times
04 Mon Mar 2024	255.10	266.85	269.80	253.20	1.282 times
02 Sat Mar 2024	264.90	266.10	269.90	263.55	0.123 times
01 Fri Mar 2024	266.80	269.30	275.85	264.75	0.65 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 241.3, but if it comes above 241.3, then a intra day buy could be more profitable.
If you take a sell trade below 241.3, then use 241.3 as stoploss and 209.4 as target. However if you take a buy trade in stock , then use 241.3 as stoploss and 267.97 as target.

Share price targets for Shalby (SHALBY)

Target Type	Value
Downside Target	210.35
Upside Target	239.75
Upside Target	253.65
Upside Target	260.80
Upside Target	269.80
Upside Target	275.85
Upside Target	286.60
Upside Target	296.60
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	209.78
Downside Intraday Target	188.42
Upside Intraday Target	253.08
Upside Intraday Target	275.02
Upside Intraday Target	231.72

Weekly technical analysis of Shalby (SHALBY)

Date	Weekly Closing Price	Open	High	Low	Volume
14 Thu Mar 2024	231.15	249.95	253.65	210.35	1.036 times
07 Thu Mar 2024	248.55	266.85	269.80	239.75	1.051 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

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
14 Thu Mar 2024	231.15	269.30	275.85	210.35	0.625 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 weakening, and bulls are picking up momentum!

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

CCI has generated a buy signal for Shalby in short term but BUY signal is weak.

RSI is generating a SELL signal in short term but selling is losing 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 239.68 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.