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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 2024-07-22 View latest technical analysis

10 day averaged volume of Shalby is 1232361

Date	Daily Closing Price	Open	High	Low	Volume
22 Mon Jul 2024	279.30	281.05	292.95	278.00	0.59 times
19 Fri Jul 2024	283.75	290.10	291.45	277.65	0.811 times
18 Thu Jul 2024	291.45	300.80	301.60	287.60	0.868 times
16 Tue Jul 2024	299.45	286.95	301.65	282.80	1.649 times
15 Mon Jul 2024	284.40	285.00	289.65	281.30	1.058 times
12 Fri Jul 2024	287.90	296.55	297.85	287.10	0.161 times
11 Thu Jul 2024	296.50	292.00	304.00	291.05	0.639 times
10 Wed Jul 2024	285.30	295.70	296.45	283.25	0.317 times
09 Tue Jul 2024	294.20	296.75	299.70	291.10	0.321 times
08 Mon Jul 2024	296.80	316.05	325.00	292.00	1.985 times

My analysis of stock is bearish for shortterm, and stock might move down till 271.7 or till 257.7. Use a stoploss of 283.24 and if the stock hits stoploss, then it can shoot up till 294.83

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	275.85
Upside Target	291.95
Upside Target	292.95
Upside Target	294.00
Upside Target	301.65
Upside Target	314.00
Upside Target	325.00

Intraday share price targets for Shalby (SHALBY)

Target Type	Value
Downside Intraday Target	273.88
Downside Intraday Target	268.47
Upside Intraday Target	288.83
Upside Intraday Target	298.37
Upside Intraday Target	283.42

Weekly technical analysis of Shalby (SHALBY)

Date	Weekly Closing Price	Open	High	Low	Volume
22 Mon Jul 2024	279.30	281.05	292.95	278.00	0.134 times
19 Fri Jul 2024	283.75	285.00	301.65	277.65	1.281 times
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

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
22 Mon Jul 2024	279.30	268.15	325.00	267.40	4.227 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 negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small

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 gaining 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 in or below 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 291.99 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.