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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 2024-07-12 View latest technical analysis

10 day averaged volume of Shalby is 729186

Date	Daily Closing Price	Open	High	Low	Volume
12 Fri Jul 2024	287.90	296.55	297.85	287.10	0.272 times
11 Thu Jul 2024	296.50	292.00	304.00	291.05	1.081 times
10 Wed Jul 2024	285.30	295.70	296.45	283.25	0.536 times
09 Tue Jul 2024	294.20	296.75	299.70	291.10	0.543 times
08 Mon Jul 2024	296.80	316.05	325.00	292.00	3.355 times
05 Fri Jul 2024	310.50	278.00	314.00	278.00	3.703 times
04 Thu Jul 2024	277.70	278.90	280.95	276.50	0.134 times
03 Wed Jul 2024	276.45	272.85	280.00	272.60	0.229 times
02 Tue Jul 2024	271.45	274.30	281.95	269.40	0.245 times
01 Mon Jul 2024	272.40	268.15	273.30	267.40	0.087 times

My analysis of stock is bullish for shortterm, but stock is in semi over bought zones and there are some chances of seeing a fall tomorrow. Use 292.2 as stoploss in an intra day sell trade for a target of 281.28. However, stock will show a bullish move above 292.2.

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
Downside Target	287.50
Upside Target	291.95
Upside Target	294.00
Upside Target	314.00
Upside Target	325.00

Intraday share price targets for Shalby (SHALBY)

Target Type	Value
Downside Intraday Target	272.43
Downside Intraday Target	256.97
Upside Intraday Target	314.18
Upside Intraday Target	340.47
Upside Intraday Target	298.72

Weekly technical analysis of Shalby (SHALBY)

Date	Weekly Closing Price	Open	High	Low	Volume
12 Fri Jul 2024	287.90	316.05	325.00	283.25	1.316 times
05 Fri Jul 2024	310.50	268.15	314.00	267.40	6.454 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

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
12 Fri Jul 2024	287.90	268.15	325.00	267.40	2.316 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, and volume has increased substantially. This means that the move can 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 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 BUY. Signal strength is Strong and stock is losing momentum.

MACD generated a BUY signal for Shalby in short term and the buy signal is strong.

Shalby Stock in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. Bears are getting stronger in this stock.

Ichimoku cloud is of green color and prices are in or below 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 BUY signal in short term but buying 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 299.24 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 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.