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 2024-06-10 View latest technical analysis

10 day averaged volume of Shalby is 255724

Date	Daily Closing Price	Open	High	Low	Volume
10 Mon Jun 2024	280.25	272.00	283.00	271.20	1.132 times
07 Fri Jun 2024	271.80	262.95	276.00	262.95	0.64 times
06 Thu Jun 2024	262.70	263.80	268.20	261.50	0.255 times
05 Wed Jun 2024	261.20	249.95	268.70	242.00	0.859 times
04 Tue Jun 2024	243.95	264.55	265.90	227.10	1.437 times
03 Mon Jun 2024	264.55	261.95	269.75	260.00	0.591 times
31 Fri May 2024	258.20	266.00	270.00	256.65	0.938 times
30 Thu May 2024	265.85	270.00	272.90	265.00	0.355 times
29 Wed May 2024	270.30	265.00	271.95	260.00	0.928 times
28 Tue May 2024	267.10	281.95	284.95	265.05	3.123 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 277, but if it comes below 277, then a intra day sell could be more profitable.
If you take a sell trade below 277, then use 277 as stoploss and 268.76 as target. However if you take a buy trade in stock , then use 277 as stoploss and 286.8 as target.

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	281.10
Upside Target	282.90
Upside Target	283.00
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	273.3
Downside Intraday Target	266.35
Upside Intraday Target	285.1
Upside Intraday Target	289.95
Downside Intraday Target	278.15

Weekly technical analysis of Shalby (SHALBY)

Date	Weekly Closing Price	Open	High	Low	Volume
10 Mon Jun 2024	280.25	272.00	283.00	271.20	0.299 times
07 Fri Jun 2024	271.80	261.95	276.00	227.10	0.608 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

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
10 Mon Jun 2024	280.25	261.95	283.00	227.10	0.382 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 neutral. A longer time frame might give a better analysis.

Price action analysis of Shalby ( (SHALBY) ) based on a short 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.

Price action analysis of Shalby ( (SHALBY) ) based on a short to mid 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 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 BUY signal for Shalby in short term but the buy signal is initial and weak.

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 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 and BUY signal is strong.

RSI is generating a SELL signal in short term but selling 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 264.28 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.