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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 2024-07-29 View latest technical analysis

10 day averaged volume of Shalby is 698267

Date	Daily Closing Price	Open	High	Low	Volume
29 Mon Jul 2024	284.45	281.30	287.25	280.45	0.206 times
26 Fri Jul 2024	279.95	278.00	283.80	278.00	0.241 times
25 Thu Jul 2024	277.30	277.00	280.35	275.30	0.135 times
24 Wed Jul 2024	278.55	275.00	281.35	274.65	0.181 times
23 Tue Jul 2024	275.10	280.00	280.90	269.00	0.378 times
22 Mon Jul 2024	279.30	281.05	292.95	278.00	1.04 times
19 Fri Jul 2024	283.75	290.10	291.45	277.65	1.432 times
18 Thu Jul 2024	291.45	300.80	301.60	287.60	1.531 times
16 Tue Jul 2024	299.45	286.95	301.65	282.80	2.909 times
15 Mon Jul 2024	284.40	285.00	289.65	281.30	1.867 times

My analysis of stock is bearish for shortterm, and stock might move down till 275.2 or till 263.2. Use a stoploss of 285.15 and if the stock hits stoploss, then it can shoot up till 295.13

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	267.40
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	280.85
Downside Intraday Target	277.25
Upside Intraday Target	287.65
Upside Intraday Target	290.85
Downside Intraday Target	284.05

Weekly technical analysis of Shalby (SHALBY)

Date	Weekly Closing Price	Open	High	Low	Volume
29 Mon Jul 2024	284.45	281.30	287.25	280.45	0.104 times
26 Fri Jul 2024	279.95	281.05	292.95	269.00	0.255 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

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
29 Mon Jul 2024	284.45	268.15	325.00	267.40	4.476 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 positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.

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 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 Weak and stock is gaining momentum.

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

MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.

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 weakening, and bulls are picking up momentum!

Ichimoku cloud is of green color and prices are in or below the green cloud Prices appear to be moving up

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 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 288.61 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.