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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 2024-05-21 View latest technical analysis

10 day averaged volume of Shalby is 101643

Date	Daily Closing Price	Open	High	Low	Volume
21 Tue May 2024	269.90	281.10	281.10	268.85	0.725 times
18 Sat May 2024	277.10	275.00	282.90	275.00	0.268 times
17 Fri May 2024	275.85	274.50	279.90	269.80	1.198 times
16 Thu May 2024	269.40	273.00	275.20	267.05	0.737 times
15 Wed May 2024	272.25	267.90	276.45	267.15	0.806 times
14 Tue May 2024	267.30	270.20	274.20	262.35	1.113 times
13 Mon May 2024	268.85	272.90	276.85	264.20	0.826 times
10 Fri May 2024	270.95	271.40	276.75	267.15	1.223 times
09 Thu May 2024	270.05	267.90	273.90	267.45	1.63 times
08 Wed May 2024	266.85	259.80	269.40	257.45	0.794 times

My analysis of stock is bearish for shortterm, and stock might move down till 266.1 or till 258.5. Use a stoploss of 272.43 and if the stock hits stoploss, then it can shoot up till 278.76

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	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	265.47
Downside Intraday Target	261.03
Upside Intraday Target	277.72
Upside Intraday Target	285.53
Upside Intraday Target	273.28

Weekly technical analysis of Shalby (SHALBY)

Date	Weekly Closing Price	Open	High	Low	Volume
21 Tue May 2024	269.90	281.10	281.10	268.85	0.146 times
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

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
21 Tue May 2024	269.90	278.70	282.90	255.00	0.272 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 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.

ADX buy sell signal for Shalby stock for short term is SELL. Signal strength is Weak and stock is losing momentum.

MACD generated a BUY signal for Shalby in short term and the buy signal is strong.

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 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 but buying is losing 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 270.54 and Shalby (SHALBY) stock is trading below this level. This means that stock is falling with high volumes. 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.