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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 2024-08-26 View latest technical analysis

10 day averaged volume of Shalby is 161302

Date	Daily Closing Price	Open	High	Low	Volume
26 Mon Aug 2024	274.25	273.85	275.95	271.70	0.712 times
23 Fri Aug 2024	273.85	276.30	281.00	271.65	1.223 times
22 Thu Aug 2024	274.80	274.00	275.80	272.50	0.347 times
21 Wed Aug 2024	273.55	272.15	276.10	269.40	0.744 times
20 Tue Aug 2024	272.15	265.10	274.05	265.10	1.195 times
19 Mon Aug 2024	265.55	267.00	269.00	263.85	0.732 times
16 Fri Aug 2024	265.75	254.10	266.90	254.10	1.029 times
14 Wed Aug 2024	252.80	263.20	263.20	248.75	1.806 times
13 Tue Aug 2024	259.30	266.30	268.00	258.15	0.855 times
12 Mon Aug 2024	264.85	264.20	269.15	262.70	1.157 times

My analysis of stock is bullish for shortterm, and stock might move up till 280.9 or till 291.9. Use a stoploss of 271.68 and if this stock hits its stoploss, then it can fall down till 262.48

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	281.00
Upside Target	284.95
Upside Target	291.95
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	271.98
Downside Intraday Target	269.72
Upside Intraday Target	276.23
Upside Intraday Target	278.22
Downside Intraday Target	273.97

Weekly technical analysis of Shalby (SHALBY)

Date	Weekly Closing Price	Open	High	Low	Volume
26 Mon Aug 2024	274.25	273.85	275.95	271.70	0.168 times
23 Fri Aug 2024	273.85	267.00	281.00	263.85	0.875 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

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
26 Mon Aug 2024	274.25	284.25	294.95	248.75	0.22 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 positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.

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 BUY. Signal strength is Weak and stock is losing 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 tired and bears are picking up momentum.

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 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 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 266 and Shalby (SHALBY) stock is trading above this level. This is a good sign for the stock and it could move higher. VWAP is rising upwards.

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.