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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 2024-08-19 View latest technical analysis

10 day averaged volume of Shalby is 199993

Date	Daily Closing Price	Open	High	Low	Volume
19 Mon Aug 2024	265.55	267.00	269.00	263.85	0.59 times
16 Fri Aug 2024	265.75	254.10	266.90	254.10	0.83 times
14 Wed Aug 2024	252.80	263.20	263.20	248.75	1.457 times
13 Tue Aug 2024	259.30	266.30	268.00	258.15	0.689 times
12 Mon Aug 2024	264.85	264.20	269.15	262.70	0.933 times
09 Fri Aug 2024	265.90	267.80	268.40	263.05	0.737 times
08 Thu Aug 2024	264.60	266.45	269.35	263.00	0.708 times
07 Wed Aug 2024	266.45	270.00	272.00	260.60	1.544 times
06 Tue Aug 2024	268.00	269.25	275.45	263.10	1.012 times
05 Mon Aug 2024	267.35	276.00	279.00	265.40	1.437 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 263.1 as stoploss in an intra day buy trade for a target of 272.76. However, stock will show a bearish move below 263.1.

Share price targets for Shalby (SHALBY)

Target Type	Value
Downside Target	227.10
Downside Target	240.00
Downside Target	248.75
Downside Target	255.00
Downside Target	260.60
Upside Target	279.00
Upside Target	284.95
Upside Target	291.95
Upside Target	292.95
Upside Target	294.00
Upside Target	294.95
Upside Target	325.00

Intraday share price targets for Shalby (SHALBY)

Target Type	Value
Downside Intraday Target	263.27
Downside Intraday Target	260.98
Upside Intraday Target	268.42
Upside Intraday Target	271.28
Upside Intraday Target	266.13

Weekly technical analysis of Shalby (SHALBY)

Date	Weekly Closing Price	Open	High	Low	Volume
19 Mon Aug 2024	265.55	267.00	269.00	263.85	0.151 times
16 Fri Aug 2024	265.75	264.20	269.15	248.75	0.719 times
09 Fri Aug 2024	265.90	276.00	279.00	260.60	1.047 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

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
19 Mon Aug 2024	265.55	284.25	294.95	248.75	0.173 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 positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.

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 neutral. A longer time frame might give a better analysis.

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

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

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 red color and prices are in or above the red cloud Prices appear to be coming down

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 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 263.81 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 negative.

Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.