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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 2024-08-05 View latest technical analysis

10 day averaged volume of Shalby is 241924

Date	Daily Closing Price	Open	High	Low	Volume
05 Mon Aug 2024	267.35	276.00	279.00	265.40	1.188 times
02 Fri Aug 2024	283.00	287.00	288.35	282.20	0.539 times
01 Thu Aug 2024	288.35	284.25	294.95	281.00	1.773 times
31 Wed Jul 2024	282.80	288.45	291.70	281.20	0.623 times
30 Tue Jul 2024	285.90	287.65	290.75	284.50	0.764 times
29 Mon Jul 2024	284.45	281.30	287.25	280.45	0.596 times
26 Fri Jul 2024	279.95	278.00	283.80	278.00	0.697 times
25 Thu Jul 2024	277.30	277.00	280.35	275.30	0.389 times
24 Wed Jul 2024	278.55	275.00	281.35	274.65	0.523 times
23 Tue Jul 2024	275.10	280.00	280.90	269.00	1.092 times

Although my analysis for stock is bearish for shortterm, but stock is in heavy over sold zones and there are high chances of some recovery tomorrow. You might want to buy the stock tomorrow in intra day with a stoploss of 268, for a target of 277.3 or 285.09

Share price targets for Shalby (SHALBY)

Target Type	Value
Downside Target	227.10
Downside Target	240.00
Downside Target	255.00
Downside Target	265.40
Upside Target	277.65
Upside Target	291.95
Upside Target	292.95
Upside Target	294.00
Upside Target	294.95
Upside Target	301.65
Upside Target	325.00

Intraday share price targets for Shalby (SHALBY)

Target Type	Value
Downside Intraday Target	262.17
Downside Intraday Target	256.98
Upside Intraday Target	275.77
Upside Intraday Target	284.18
Upside Intraday Target	270.58

Weekly technical analysis of Shalby (SHALBY)

Date	Weekly Closing Price	Open	High	Low	Volume
05 Mon Aug 2024	267.35	276.00	279.00	265.40	0.277 times
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

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
05 Mon Aug 2024	267.35	284.25	294.95	265.40	0.058 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 down 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 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 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 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 SELL. 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 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 and SELL 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 280.38 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.