Daily Technical Analysis Weekly Analysis Monthly Analysis Renko chart MACD chart Bollinger Bands chart Stochastics charts Force Index charts

(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 2024-08-07 View latest technical analysis

10 day averaged volume of Shalby is 191825

Date	Daily Closing Price	Open	High	Low	Volume
07 Wed Aug 2024	266.45	270.00	272.00	260.60	1.61 times
06 Tue Aug 2024	268.00	269.25	275.45	263.10	1.055 times
05 Mon Aug 2024	267.35	276.00	279.00	265.40	1.499 times
02 Fri Aug 2024	283.00	287.00	288.35	282.20	0.68 times
01 Thu Aug 2024	288.35	284.25	294.95	281.00	2.236 times
31 Wed Jul 2024	282.80	288.45	291.70	281.20	0.786 times
30 Tue Jul 2024	285.90	287.65	290.75	284.50	0.964 times
29 Mon Jul 2024	284.45	281.30	287.25	280.45	0.751 times
26 Fri Jul 2024	279.95	278.00	283.80	278.00	0.879 times
25 Thu Jul 2024	277.30	277.00	280.35	275.30	0.491 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 263.4, for a target of 273.7 or 282.26

Share price targets for Shalby (SHALBY)

Target Type	Value
Downside Target	227.10
Downside Target	240.00
Downside Target	255.00
Downside Target	260.60
Upside Target	267.40
Upside Target	277.65
Upside Target	291.95
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	258.37
Downside Intraday Target	250.28
Upside Intraday Target	276.77
Upside Intraday Target	287.08
Upside Intraday Target	268.68

Weekly technical analysis of Shalby (SHALBY)

Date	Weekly Closing Price	Open	High	Low	Volume
07 Wed Aug 2024	266.45	276.00	279.00	260.60	0.769 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
07 Wed Aug 2024	266.45	284.25	294.95	260.60	0.092 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 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 negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this stock.

ADX buy sell signal for Shalby stock for short term is SELL. Signal strength is Strong and stock is gaining momentum.

MACD generated a SELL signal for Shalby in short term and the sell signal is strong.

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 red color and prices are below the red 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 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 277.91 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.