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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 2024-06-19 View latest technical analysis

10 day averaged volume of Shalby is 216728

Date	Daily Closing Price	Open	High	Low	Volume
19 Wed Jun 2024	275.15	280.55	282.35	274.55	0.601 times
18 Tue Jun 2024	282.35	286.90	287.50	278.60	0.724 times
14 Fri Jun 2024	285.50	281.50	291.95	277.85	1.756 times
13 Thu Jun 2024	280.60	282.25	286.20	278.20	0.853 times
12 Wed Jun 2024	282.20	280.65	286.00	277.00	0.586 times
11 Tue Jun 2024	280.65	278.30	287.20	276.50	0.979 times
10 Mon Jun 2024	280.25	272.00	283.00	271.20	1.336 times
07 Fri Jun 2024	271.80	262.95	276.00	262.95	0.755 times
06 Thu Jun 2024	262.70	263.80	268.20	261.50	0.301 times
05 Wed Jun 2024	261.20	249.95	268.70	242.00	1.014 times

My analysis of stock is bullish for shortterm, and stock might move up till 281.6 or till 293.7. Use a stoploss of 271.49 and if this stock hits its stoploss, then it can fall down till 261.42

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
Downside Target	266.05
Upside Target	284.95
Upside Target	287.50
Upside Target	291.95
Upside Target	294.00
Upside Target	332.00

Intraday share price targets for Shalby (SHALBY)

Target Type	Value
Downside Intraday Target	270.63
Downside Intraday Target	266.12
Upside Intraday Target	283.58
Upside Intraday Target	292.02
Upside Intraday Target	279.07

Weekly technical analysis of Shalby (SHALBY)

Date	Weekly Closing Price	Open	High	Low	Volume
19 Wed Jun 2024	275.15	286.90	287.50	274.55	0.24 times
14 Fri Jun 2024	285.50	272.00	291.95	271.20	1.235 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

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
19 Wed Jun 2024	275.15	261.95	291.95	227.10	0.744 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 negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in 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 SELL. 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.

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 and selling is picking up 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 277.84 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.