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 2024-06-05 View latest technical analysis

10 day averaged volume of Shalby is 240674

Date	Daily Closing Price	Open	High	Low	Volume
05 Wed Jun 2024	261.20	249.95	268.70	242.00	0.913 times
04 Tue Jun 2024	243.95	264.55	265.90	227.10	1.527 times
03 Mon Jun 2024	264.55	261.95	269.75	260.00	0.628 times
31 Fri May 2024	258.20	266.00	270.00	256.65	0.997 times
30 Thu May 2024	265.85	270.00	272.90	265.00	0.377 times
29 Wed May 2024	270.30	265.00	271.95	260.00	0.986 times
28 Tue May 2024	267.10	281.95	284.95	265.05	3.318 times
27 Mon May 2024	279.85	279.10	284.95	275.05	0.929 times
24 Fri May 2024	277.75	268.05	278.65	266.10	0.709 times
23 Thu May 2024	267.60	272.05	273.20	266.85	0.263 times

My analysis of stock is bearish for shortterm, but stock is semi over sold and there are some chances of seeing a recovery tomorrow. Use 260.8 as stoploss in an intra day buy trade for a target of 268.51. However, stock will show a bearish move below 260.8.

Share price targets for Shalby (SHALBY)

Target Type	Value
Downside Target	210.35
Downside Target	227.10
Downside Target	240.00
Downside Target	255.00
Upside Target	275.85
Upside Target	276.75
Upside Target	281.10
Upside Target	282.90
Upside Target	284.95
Upside Target	294.00
Upside Target	332.00

Intraday share price targets for Shalby (SHALBY)

Target Type	Value
Downside Intraday Target	235.62
Downside Intraday Target	210.03
Upside Intraday Target	278.27
Upside Intraday Target	295.33
Downside Intraday Target	252.68

Weekly technical analysis of Shalby (SHALBY)

Date	Weekly Closing Price	Open	High	Low	Volume
05 Wed Jun 2024	261.20	261.95	269.75	227.10	0.464 times
31 Fri May 2024	258.20	279.10	284.95	256.65	4.276 times
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

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
05 Wed Jun 2024	261.20	261.95	269.75	227.10	0.225 times
31 Fri May 2024	258.20	278.70	284.95	255.00	0.638 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

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 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 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 Strong and stock is losing momentum.

MACD generated a SELL signal for Shalby in short term and the sell signal is strong.

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 red color and prices are in or above the red cloud Prices appear to be moving up

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

RSI is generating a SELL signal in short term but selling 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 264.37 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 negative.

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