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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 2024-08-22 View latest technical analysis

10 day averaged volume of Shalby is 181047

Date	Daily Closing Price	Open	High	Low	Volume
22 Thu Aug 2024	274.80	274.00	275.80	272.50	0.309 times
21 Wed Aug 2024	273.55	272.15	276.10	269.40	0.663 times
20 Tue Aug 2024	272.15	265.10	274.05	265.10	1.064 times
19 Mon Aug 2024	265.55	267.00	269.00	263.85	0.652 times
16 Fri Aug 2024	265.75	254.10	266.90	254.10	0.917 times
14 Wed Aug 2024	252.80	263.20	263.20	248.75	1.609 times
13 Tue Aug 2024	259.30	266.30	268.00	258.15	0.761 times
12 Mon Aug 2024	264.85	264.20	269.15	262.70	1.031 times
09 Fri Aug 2024	265.90	267.80	268.40	263.05	0.814 times
08 Thu Aug 2024	264.60	266.45	269.35	263.00	0.782 times

My analysis of stock is bullish for shortterm, and stock might move up till 281.6 or till 292.9. Use a stoploss of 272.14 and if this stock hits its stoploss, then it can fall down till 262.72

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	276.10
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	267.07
Downside Intraday Target	259.33
Upside Intraday Target	279.32
Upside Intraday Target	283.83
Downside Intraday Target	271.58

Weekly technical analysis of Shalby (SHALBY)

Date	Weekly Closing Price	Open	High	Low	Volume
22 Thu Aug 2024	274.80	267.00	276.10	263.85	0.623 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 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
22 Thu Aug 2024	274.80	284.25	294.95	248.75	0.198 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 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 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 SELL. Signal strength is Weak and stock is gaining momentum.

MACD generated a BUY signal for Shalby in short term but the buy 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 is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting stronger in this stock.

Ichimoku cloud is of red color and prices are in or above the red 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 264.26 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 is giving positive 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.