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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 2024-03-19 View latest technical analysis

10 day averaged volume of Shalby is 352384

Date	Daily Closing Price	Open	High	Low	Volume
19 Tue Mar 2024	234.30	230.95	244.85	227.60	0.913 times
18 Mon Mar 2024	230.70	232.95	235.50	229.95	0.338 times
15 Fri Mar 2024	232.05	230.80	234.15	223.55	0.685 times
14 Thu Mar 2024	231.15	216.50	237.20	215.90	0.817 times
13 Wed Mar 2024	215.85	236.00	243.85	210.35	2.035 times
12 Tue Mar 2024	230.00	240.00	244.85	227.90	0.939 times
11 Mon Mar 2024	238.95	249.95	253.65	237.15	0.777 times
07 Thu Mar 2024	248.55	249.00	250.00	245.70	0.313 times
06 Wed Mar 2024	248.00	247.05	250.90	239.75	1.402 times
05 Tue Mar 2024	246.30	256.45	262.70	244.70	1.376 times

My analysis of stock is bearish for shortterm, but stock is semi over sold and there are some chances of seeing a recovery tomorrow. Use 232.5 as stoploss in an intra day buy trade for a target of 257.84. However, stock will show a bearish move below 232.5.

Share price targets for Shalby (SHALBY)

Target Type	Value
Downside Target	210.35
Downside Target	227.60
Upside Target	239.75
Upside Target	244.85
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	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	226.32
Downside Intraday Target	218.33
Upside Intraday Target	243.57
Upside Intraday Target	252.83
Upside Intraday Target	235.58

Weekly technical analysis of Shalby (SHALBY)

Date	Weekly Closing Price	Open	High	Low	Volume
19 Tue Mar 2024	234.30	232.95	244.85	227.60	0.238 times
15 Fri Mar 2024	232.05	249.95	253.65	210.35	1.192 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

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
19 Tue Mar 2024	234.30	269.30	275.85	210.35	0.749 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 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 neutral. A longer time frame might give a better analysis.

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 losing momentum.

MACD generated a SELL signal for Shalby in short term and the sell 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 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 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 233.97 and Shalby (SHALBY) stock is trading above this level. This is a good sign for the stock and it could move higher. 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.