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 2024-05-10 View latest technical analysis

10 day averaged volume of Shalby is 136029

Date	Daily Closing Price	Open	High	Low	Volume
10 Fri May 2024	270.95	271.40	276.75	267.15	0.914 times
09 Thu May 2024	270.05	267.90	273.90	267.45	1.218 times
08 Wed May 2024	266.85	259.80	269.40	257.45	0.594 times
07 Tue May 2024	257.30	264.00	265.20	255.00	1.049 times
06 Mon May 2024	264.10	268.00	269.65	261.10	0.822 times
03 Fri May 2024	267.90	270.00	271.60	266.05	0.889 times
02 Thu May 2024	272.05	278.70	278.85	271.30	0.576 times
30 Tue Apr 2024	277.30	279.95	282.00	275.70	0.683 times
29 Mon Apr 2024	278.80	279.95	283.20	277.00	0.74 times
26 Fri Apr 2024	279.75	279.05	289.00	277.35	1.984 times

My analysis of stock is bearish for shortterm, and stock might move down till 266 or till 258. Use a stoploss of 272.74 and if the stock hits stoploss, then it can shoot up till 279.46

Share price targets for Shalby (SHALBY)

Target Type	Value
Downside Target	210.35
Downside Target	240.00
Downside Target	255.00
Downside Target	260.80
Upside Target	274.10
Upside Target	283.20
Upside Target	287.15
Upside Target	289.00
Upside Target	294.00
Upside Target	332.00
Upside Target	339.50

Intraday share price targets for Shalby (SHALBY)

Target Type	Value
Downside Intraday Target	258.38
Downside Intraday Target	245.82
Upside Intraday Target	280.13
Upside Intraday Target	289.32
Downside Intraday Target	267.57

Weekly technical analysis of Shalby (SHALBY)

Date	Weekly Closing Price	Open	High	Low	Volume
10 Fri May 2024	270.95	268.00	276.75	255.00	1.591 times
03 Fri May 2024	267.90	279.95	283.20	266.05	0.458 times
26 Fri Apr 2024	279.75	269.90	289.00	267.50	2.002 times
19 Fri Apr 2024	266.65	271.35	276.15	261.80	0.26 times
12 Fri Apr 2024	277.40	274.10	294.00	274.10	0.812 times

Price has moved up this week, and volume has increased substantially. This means that the move can continue in coming weeks.

Monthly technical analysis of Shalby (SHALBY)

Date	Monthly Closing Price	Open	High	Low	Volume
10 Fri May 2024	270.95	278.70	278.85	255.00	0.16 times
30 Tue Apr 2024	277.30	240.25	294.00	240.00	0.947 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

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 positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.

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 SELL signal for Shalby in short term but the sell 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. Bears are weakening, and bulls are picking up momentum!

Ichimoku cloud is of green color and prices are above the green 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 BUY signal in short term but buying is losing momentum.

MRSI is in positive zone. This is a BUY 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 271.17 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 positive

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