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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 2024-04-02 View latest technical analysis

10 day averaged volume of Shalby is 248159

Date	Daily Closing Price	Open	High	Low	Volume
02 Tue Apr 2024	248.00	245.70	254.25	243.95	1.09 times
01 Mon Apr 2024	244.95	240.25	251.10	240.00	1.932 times
28 Thu Mar 2024	239.10	241.60	243.25	236.40	0.75 times
27 Wed Mar 2024	241.65	244.00	245.90	240.55	0.937 times
26 Tue Mar 2024	243.30	247.85	250.00	240.00	1.63 times
22 Fri Mar 2024	242.95	238.75	245.40	238.40	0.622 times
21 Thu Mar 2024	239.00	234.60	243.95	234.00	0.881 times
20 Wed Mar 2024	234.00	235.40	237.05	230.50	0.499 times
19 Tue Mar 2024	234.30	230.95	244.85	227.60	1.296 times
18 Mon Mar 2024	230.70	232.95	235.50	229.95	0.48 times

My analysis of stock is bullish for shortterm, but stock is in semi over bought zones and there are some chances of seeing a fall tomorrow. Use 250.7 as stoploss in an intra day sell trade for a target of 240.44. However, stock will show a bullish move above 250.7.

Share price targets for Shalby (SHALBY)

Target Type	Value
Downside Target	210.35
Downside Target	227.60
Downside Target	236.40
Downside Target	245.40
Upside Target	260.80
Upside Target	269.80
Upside Target	275.85
Upside Target	286.60
Upside Target	287.15
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	240.58
Downside Intraday Target	233.17
Upside Intraday Target	254.83
Upside Intraday Target	261.67
Downside Intraday Target	247.42

Weekly technical analysis of Shalby (SHALBY)

Date	Weekly Closing Price	Open	High	Low	Volume
02 Tue Apr 2024	248.00	240.25	254.25	240.00	0.911 times
28 Thu Mar 2024	239.10	247.85	250.00	236.40	0.878 times
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

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
02 Tue Apr 2024	248.00	240.25	254.25	240.00	0.138 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 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 neutral. A longer time frame might give a better analysis.

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 Weak and stock is gaining 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 is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting tired and bears are picking up momentum.

Ichimoku cloud is of red color and prices are in or above 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 241.05 and Shalby (SHALBY) stock is trading above this level. This is a good sign for the stock and it could move higher. 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 negative.

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