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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 2024-08-02 View latest technical analysis

10 day averaged volume of Shalby is 328846

Date	Daily Closing Price	Open	High	Low	Volume
02 Fri Aug 2024	283.00	287.00	288.35	282.20	0.397 times
01 Thu Aug 2024	288.35	284.25	294.95	281.00	1.304 times
31 Wed Jul 2024	282.80	288.45	291.70	281.20	0.458 times
30 Tue Jul 2024	285.90	287.65	290.75	284.50	0.562 times
29 Mon Jul 2024	284.45	281.30	287.25	280.45	0.438 times
26 Fri Jul 2024	279.95	278.00	283.80	278.00	0.513 times
25 Thu Jul 2024	277.30	277.00	280.35	275.30	0.286 times
24 Wed Jul 2024	278.55	275.00	281.35	274.65	0.385 times
23 Tue Jul 2024	275.10	280.00	280.90	269.00	0.804 times
22 Mon Jul 2024	279.30	281.05	292.95	278.00	2.209 times

My analysis of stock is bearish for shortterm, but stock is semi over sold and there are some chances of seeing a recovery tomorrow. Use 278.8 as stoploss in an intra day buy trade for a target of 287.25. However, stock will show a bearish move below 278.8.

Share price targets for Shalby (SHALBY)

Target Type	Value
Downside Target	227.10
Downside Target	240.00
Downside Target	255.00
Downside Target	267.40
Downside Target	277.65
Upside Target	291.95
Upside Target	294.00
Upside Target	294.95
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	277.32
Downside Intraday Target	271.63
Upside Intraday Target	291.82
Upside Intraday Target	300.63
Upside Intraday Target	286.13

Weekly technical analysis of Shalby (SHALBY)

Date	Weekly Closing Price	Open	High	Low	Volume
02 Fri Aug 2024	283.00	281.30	294.95	280.45	0.753 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
02 Fri Aug 2024	283.00	284.25	294.95	281.00	0.038 times
31 Wed Jul 2024	282.80	268.15	325.00	267.40	4.581 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

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 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 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 short to mid term time period is neutral. A longer time frame might give a better analysis.

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

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. Bulls 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 positive zone. This is a BUY zone

Stock of Shalby is picking up buying momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 281.6 and Shalby (SHALBY) stock is trading above this level. This is a good sign for the stock and it could move higher. 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.