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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 2024-05-18 View latest technical analysis

10 day averaged volume of Shalby is 110095

Date	Daily Closing Price	Open	High	Low	Volume
18 Sat May 2024	277.10	275.00	282.90	275.00	0.247 times
17 Fri May 2024	275.85	274.50	279.90	269.80	1.106 times
16 Thu May 2024	269.40	273.00	275.20	267.05	0.681 times
15 Wed May 2024	272.25	267.90	276.45	267.15	0.745 times
14 Tue May 2024	267.30	270.20	274.20	262.35	1.028 times
13 Mon May 2024	268.85	272.90	276.85	264.20	0.763 times
10 Fri May 2024	270.95	271.40	276.75	267.15	1.129 times
09 Thu May 2024	270.05	267.90	273.90	267.45	1.505 times
08 Wed May 2024	266.85	259.80	269.40	257.45	0.733 times
07 Tue May 2024	257.30	264.00	265.20	255.00	1.296 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 278.9 as stoploss in an intra day sell trade for a target of 272.63. However, stock will show a bullish move above 278.9.

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
Downside Target	275.85
Upside Target	282.90
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	265.33
Downside Intraday Target	253.57
Upside Intraday Target	285.88
Upside Intraday Target	294.67
Downside Intraday Target	274.12

Weekly technical analysis of Shalby (SHALBY)

Date	Weekly Closing Price	Open	High	Low	Volume
18 Sat May 2024	277.10	272.90	282.90	262.35	0.805 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 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
18 Sat May 2024	277.10	278.70	282.90	255.00	0.258 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 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 positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.

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 and the buy signal is strong.

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 stronger in this stock.

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 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 268.72 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 positive

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