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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 2024-05-24 View latest technical analysis

10 day averaged volume of Shalby is 82845

Date	Daily Closing Price	Open	High	Low	Volume
24 Fri May 2024	277.75	268.05	278.65	266.10	2.06 times
23 Thu May 2024	267.60	272.05	273.20	266.85	0.763 times
22 Wed May 2024	272.20	267.15	274.40	266.05	0.775 times
21 Tue May 2024	269.90	281.10	281.10	268.85	0.889 times
18 Sat May 2024	277.10	275.00	282.90	275.00	0.329 times
17 Fri May 2024	275.85	274.50	279.90	269.80	1.47 times
16 Thu May 2024	269.40	273.00	275.20	267.05	0.905 times
15 Wed May 2024	272.25	267.90	276.45	267.15	0.989 times
14 Tue May 2024	267.30	270.20	274.20	262.35	1.365 times
13 Mon May 2024	268.85	272.90	276.85	264.20	1.014 times

Stock of Shalby (SHALBY) has showed a significant upmove. This could be a good time to enter in this stock!

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 276.6, but if it comes below 276.6, then a intra day sell could be more profitable.
If you take a sell trade below 276.6, then use 276.6 as stoploss and 271.16 as target. However if you take a buy trade in stock , then use 276.6 as stoploss and 283 as target.

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	268.83
Downside Intraday Target	259.92
Upside Intraday Target	283.88
Upside Intraday Target	290.02
Downside Intraday Target	274.97

Weekly technical analysis of Shalby (SHALBY)

Date	Weekly Closing Price	Open	High	Low	Volume
24 Fri May 2024	277.75	281.10	281.10	266.05	0.739 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 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
24 Fri May 2024	277.75	278.70	282.90	255.00	0.33 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 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 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 short to mid 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 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 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 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 and the buying is gaining 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 272.23 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.