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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 2024-05-16 View latest technical analysis

10 day averaged volume of Shalby is 110347

Date	Daily Closing Price	Open	High	Low	Volume
16 Thu May 2024	269.40	273.00	275.20	267.05	0.679 times
15 Wed May 2024	272.25	267.90	276.45	267.15	0.743 times
14 Tue May 2024	267.30	270.20	274.20	262.35	1.025 times
13 Mon May 2024	268.85	272.90	276.85	264.20	0.761 times
10 Fri May 2024	270.95	271.40	276.75	267.15	1.126 times
09 Thu May 2024	270.05	267.90	273.90	267.45	1.502 times
08 Wed May 2024	266.85	259.80	269.40	257.45	0.732 times
07 Tue May 2024	257.30	264.00	265.20	255.00	1.293 times
06 Mon May 2024	264.10	268.00	269.65	261.10	1.013 times
03 Fri May 2024	267.90	270.00	271.60	266.05	1.096 times

My analysis of stock is bearish for shortterm, and stock might move down till 265.3 or till 257.7. Use a stoploss of 271.7 and if the stock hits stoploss, then it can shoot up till 278.06

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	275.85
Upside Target	278.85
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	262.22
Downside Intraday Target	255.03
Upside Intraday Target	276.72
Upside Intraday Target	284.03
Upside Intraday Target	269.53

Weekly technical analysis of Shalby (SHALBY)

Date	Weekly Closing Price	Open	High	Low	Volume
16 Thu May 2024	269.40	272.90	276.85	262.35	0.566 times
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

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
16 Thu May 2024	269.40	278.70	278.85	255.00	0.229 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 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 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 Weak and stock is gaining momentum.

MACD generated a SELL signal for Shalby in short term but the sell signal is initial and weak.

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 green color and prices are in or below the green cloud Prices appear to be coming down

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

RSI is generating a BUY signal in short term and the buying is gaining 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 267.17 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 positive

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