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 2024-06-25 View latest technical analysis

10 day averaged volume of Shalby is 183123

Date	Daily Closing Price	Open	High	Low	Volume
25 Tue Jun 2024	274.65	273.70	279.95	273.50	0.441 times
24 Mon Jun 2024	276.20	273.60	279.00	272.95	0.484 times
21 Fri Jun 2024	276.55	279.65	285.00	275.00	0.985 times
20 Thu Jun 2024	279.55	274.85	280.95	274.20	0.442 times
19 Wed Jun 2024	275.15	280.55	282.35	274.55	0.711 times
18 Tue Jun 2024	282.35	286.90	287.50	278.60	0.856 times
14 Fri Jun 2024	285.50	281.50	291.95	277.85	2.078 times
13 Thu Jun 2024	280.60	282.25	286.20	278.20	1.009 times
12 Wed Jun 2024	282.20	280.65	286.00	277.00	0.694 times
11 Tue Jun 2024	280.65	278.30	287.20	276.50	1.158 times

My analysis of stock is bullish for shortterm, and stock might move up till 282 or till 294.1. Use a stoploss of 271.97 and if this stock hits its stoploss, then it can fall down till 261.91

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	271.20
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	271.75
Downside Intraday Target	268.85
Upside Intraday Target	278.75
Upside Intraday Target	282.85
Upside Intraday Target	275.85

Weekly technical analysis of Shalby (SHALBY)

Date	Weekly Closing Price	Open	High	Low	Volume
25 Tue Jun 2024	274.65	273.60	279.95	272.95	0.309 times
21 Fri Jun 2024	276.55	286.90	287.50	274.20	0.459 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

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
25 Tue Jun 2024	274.65	261.95	291.95	227.10	0.875 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 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 negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small

ADX buy sell signal for Shalby stock for short term is SELL. Signal strength is Weak and stock is losing momentum.

MACD generated a SELL signal for Shalby in short term but the sell signal is initial and weak.

Shalby Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are getting stronger in this stock.

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 and SELL 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

Although the stock is in the BUY zone, but buying 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 280.57 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 positive

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