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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 2024-03-22 View latest technical analysis

10 day averaged volume of Shalby is 274507

Date	Daily Closing Price	Open	High	Low	Volume
22 Fri Mar 2024	242.95	238.75	245.40	238.40	0.562 times
21 Thu Mar 2024	239.00	234.60	243.95	234.00	0.797 times
20 Wed Mar 2024	234.00	235.40	237.05	230.50	0.452 times
19 Tue Mar 2024	234.30	230.95	244.85	227.60	1.172 times
18 Mon Mar 2024	230.70	232.95	235.50	229.95	0.434 times
15 Fri Mar 2024	232.05	230.80	234.15	223.55	0.879 times
14 Thu Mar 2024	231.15	216.50	237.20	215.90	1.049 times
13 Wed Mar 2024	215.85	236.00	243.85	210.35	2.612 times
12 Tue Mar 2024	230.00	240.00	244.85	227.90	1.205 times
11 Mon Mar 2024	238.95	249.95	253.65	237.15	0.997 times

My analysis of stock is bearish for shortterm, and stock might move down till 228.8 or till 204.2. Use a stoploss of 249.39 and if the stock hits stoploss, then it can shoot up till 269.93

Share price targets for Shalby (SHALBY)

Target Type	Value
Downside Target	210.35
Downside Target	227.60
Downside Target	239.75
Upside Target	245.40
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	231.9
Downside Intraday Target	220.85
Upside Intraday Target	249.7
Upside Intraday Target	256.45
Downside Intraday Target	238.65

Weekly technical analysis of Shalby (SHALBY)

Date	Weekly Closing Price	Open	High	Low	Volume
22 Fri Mar 2024	242.95	232.95	245.40	227.60	0.507 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
22 Fri Mar 2024	242.95	269.30	275.85	210.35	0.839 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 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 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 BUY signal for Shalby in short term but the buy signal is initial and weak.

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. Bulls are getting stronger in this stock.

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 and BUY 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

Although the stock is in the SELL zone, but selling might be slowing down

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

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 229.66 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.