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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 2024-07-02 View latest technical analysis

10 day averaged volume of Shalby is 110839

Date	Daily Closing Price	Open	High	Low	Volume
02 Tue Jul 2024	271.45	274.30	281.95	269.40	1.613 times
01 Mon Jul 2024	272.40	268.15	273.30	267.40	0.57 times
28 Fri Jun 2024	266.80	269.00	271.50	265.35	0.577 times
27 Thu Jun 2024	269.05	270.80	272.95	265.05	0.824 times
26 Wed Jun 2024	270.55	274.50	276.15	270.05	1.552 times
25 Tue Jun 2024	274.65	273.70	279.95	273.50	0.729 times
24 Mon Jun 2024	276.20	273.60	279.00	272.95	0.799 times
21 Fri Jun 2024	276.55	279.65	285.00	275.00	1.628 times
20 Thu Jun 2024	279.55	274.85	280.95	274.20	0.731 times
19 Wed Jun 2024	275.15	280.55	282.35	274.55	1.175 times

My analysis of stock is bearish for shortterm, and stock might move down till 263.9 or till 252.8. Use a stoploss of 273.18 and if the stock hits stoploss, then it can shoot up till 282.46

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	265.05
Upside Target	281.95
Upside Target	284.95
Upside Target	287.50
Upside Target	291.95
Upside Target	294.00

Intraday share price targets for Shalby (SHALBY)

Target Type	Value
Downside Intraday Target	265.25
Downside Intraday Target	259.05
Upside Intraday Target	279.8
Upside Intraday Target	288.15
Upside Intraday Target	273.6

Weekly technical analysis of Shalby (SHALBY)

Date	Weekly Closing Price	Open	High	Low	Volume
02 Tue Jul 2024	271.45	268.15	281.95	267.40	0.487 times
28 Fri Jun 2024	266.80	273.60	279.95	265.05	0.906 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

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
02 Tue Jul 2024	271.45	268.15	281.95	267.40	0.075 times
28 Fri Jun 2024	266.80	261.95	291.95	227.10	0.975 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

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 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 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 neutral. A longer time frame might give a better analysis.

ADX buy sell signal for Shalby stock for short term is BUY. 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 weakening, and bulls 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 buy signal for Shalby in short term and BUY signal is strong.

RSI is generating a BUY signal in short term and the buying is gaining 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 273.33 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.