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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 2024-10-07 View latest technical analysis

10 day averaged volume of Shalby is 100319

Date	Daily Closing Price	Open	High	Low	Volume
07 Mon Oct 2024	257.85	272.00	273.50	256.60	1.921 times
04 Fri Oct 2024	271.10	272.00	277.45	264.05	1.039 times
03 Thu Oct 2024	272.75	276.00	278.15	270.10	0.68 times
01 Tue Oct 2024	280.90	280.00	282.50	278.30	0.576 times
30 Mon Sep 2024	280.25	272.00	281.90	269.50	1.34 times
27 Fri Sep 2024	274.60	276.15	278.50	273.25	0.535 times
26 Thu Sep 2024	275.10	278.50	279.95	273.60	0.892 times
25 Wed Sep 2024	277.50	280.00	284.40	276.10	1.858 times
24 Tue Sep 2024	281.50	281.05	284.75	280.30	0.661 times
23 Mon Sep 2024	281.05	283.00	284.95	280.45	0.584 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 264.3, for a target of 272.1 or 278.53

Share price targets for Shalby (SHALBY)

Target Type	Value
Downside Target	227.10
Downside Target	248.75
Downside Target	256.60
Upside Target	264.05
Upside Target	282.50
Upside Target	284.95
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	251.8
Downside Intraday Target	245.75
Upside Intraday Target	268.7
Upside Intraday Target	279.55
Upside Intraday Target	262.65

Weekly technical analysis of Shalby (SHALBY)

Date	Weekly Closing Price	Open	High	Low	Volume
07 Mon Oct 2024	257.85	272.00	273.50	256.60	0.528 times
04 Fri Oct 2024	271.10	272.00	282.50	264.05	0.802 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

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 Mon Oct 2024	257.85	280.00	282.50	256.60	0.119 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 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 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 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 SELL signal in short term and selling is picking up 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 273.44 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.