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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 2024-06-13 View latest technical analysis

10 day averaged volume of Shalby is 192675

Date	Daily Closing Price	Open	High	Low	Volume
13 Thu Jun 2024	280.60	282.25	286.20	278.20	0.959 times
12 Wed Jun 2024	282.20	280.65	286.00	277.00	0.66 times
11 Tue Jun 2024	280.65	278.30	287.20	276.50	1.101 times
10 Mon Jun 2024	280.25	272.00	283.00	271.20	1.503 times
07 Fri Jun 2024	271.80	262.95	276.00	262.95	0.849 times
06 Thu Jun 2024	262.70	263.80	268.20	261.50	0.339 times
05 Wed Jun 2024	261.20	249.95	268.70	242.00	1.14 times
04 Tue Jun 2024	243.95	264.55	265.90	227.10	1.908 times
03 Mon Jun 2024	264.55	261.95	269.75	260.00	0.784 times
31 Fri May 2024	258.20	266.00	270.00	256.65	1.245 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 279.8, but if it comes below 279.8, then a intra day sell could be more profitable.
If you take a sell trade below 279.8, then use 279.8 as stoploss and 270.48 as target. However if you take a buy trade in stock , then use 279.8 as stoploss and 291 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	284.95
Upside Target	287.20
Upside Target	294.00
Upside Target	332.00

Intraday share price targets for Shalby (SHALBY)

Target Type	Value
Downside Intraday Target	272.13
Downside Intraday Target	263.67
Upside Intraday Target	288.13
Upside Intraday Target	295.67
Downside Intraday Target	279.67

Weekly technical analysis of Shalby (SHALBY)

Date	Weekly Closing Price	Open	High	Low	Volume
13 Thu Jun 2024	280.60	272.00	287.20	271.20	0.841 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
13 Thu Jun 2024	280.60	261.95	287.20	227.10	0.541 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 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 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 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.

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 tired and bears are picking up momentum.

Ichimoku cloud is of green color and prices are above 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 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 266.73 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.