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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 2024-10-03 View latest technical analysis

10 day averaged volume of Shalby is 107683

Date	Daily Closing Price	Open	High	Low	Volume
03 Thu Oct 2024	272.75	276.00	278.15	270.10	0.634 times
01 Tue Oct 2024	280.90	280.00	282.50	278.30	0.536 times
30 Mon Sep 2024	280.25	272.00	281.90	269.50	1.248 times
27 Fri Sep 2024	274.60	276.15	278.50	273.25	0.499 times
26 Thu Sep 2024	275.10	278.50	279.95	273.60	0.831 times
25 Wed Sep 2024	277.50	280.00	284.40	276.10	1.731 times
24 Tue Sep 2024	281.50	281.05	284.75	280.30	0.616 times
23 Mon Sep 2024	281.05	283.00	284.95	280.45	0.544 times
20 Fri Sep 2024	282.85	278.60	285.30	278.60	1.71 times
19 Thu Sep 2024	274.30	282.25	284.70	272.80	0.951 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 271.4, for a target of 276.2 or 280.15

Share price targets for Shalby (SHALBY)

Target Type	Value
Downside Target	227.10
Downside Target	248.75
Downside Target	267.40
Upside Target	282.50
Upside Target	284.95
Upside Target	287.20
Upside Target	291.95
Upside Target	294.95
Upside Target	296.00
Upside Target	297.90
Upside Target	325.00

Intraday share price targets for Shalby (SHALBY)

Target Type	Value
Downside Intraday Target	267.33
Downside Intraday Target	261.92
Upside Intraday Target	280.33
Upside Intraday Target	287.92
Upside Intraday Target	274.92

Weekly technical analysis of Shalby (SHALBY)

Date	Weekly Closing Price	Open	High	Low	Volume
03 Thu Oct 2024	272.75	272.00	282.50	269.50	0.573 times
27 Fri Sep 2024	274.60	283.00	284.95	273.25	0.48 times
20 Fri Sep 2024	282.85	284.00	296.00	272.80	0.729 times
13 Fri Sep 2024	282.75	278.35	297.90	273.10	1.822 times
06 Fri Sep 2024	278.75	271.50	287.20	268.45	1.357 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
03 Thu Oct 2024	272.75	280.00	282.50	270.10	0.036 times
30 Mon Sep 2024	280.25	271.50	297.90	268.45	0.975 times
30 Fri Aug 2024	271.80	284.25	294.95	248.75	0.248 times
31 Wed Jul 2024	282.80	268.15	325.00	267.40	4.581 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 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 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 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 gaining 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 weakening, and bulls are picking up momentum!

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 positive zone. This is a BUY zone

Stock of Shalby is picking up buying momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 278.5 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.