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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 2024-10-15 View latest technical analysis

10 day averaged volume of Shalby is 92680

Date	Daily Closing Price	Open	High	Low	Volume
15 Tue Oct 2024	257.80	259.20	261.70	254.50	1.748 times
14 Mon Oct 2024	259.20	263.60	265.00	258.35	0.948 times
11 Fri Oct 2024	263.50	266.70	269.80	262.00	0.82 times
10 Thu Oct 2024	266.70	266.25	271.70	265.00	0.699 times
09 Wed Oct 2024	264.90	261.10	270.05	261.10	0.517 times
08 Tue Oct 2024	261.00	258.00	263.75	256.80	1.001 times
07 Mon Oct 2024	257.85	272.00	273.50	256.60	2.079 times
04 Fri Oct 2024	271.10	272.00	277.45	264.05	1.125 times
03 Thu Oct 2024	272.75	276.00	278.15	270.10	0.736 times
01 Tue Oct 2024	280.90	280.00	282.50	278.30	0.623 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 263.5, but if it comes above 263.5, then a intra day buy could be more profitable.
If you take a sell trade below 263.5, then use 263.5 as stoploss and 252.7 as target. However if you take a buy trade in stock , then use 263.5 as stoploss and 272.56 as target.

Share price targets for Shalby (SHALBY)

Target Type	Value
Downside Target	227.10
Downside Target	248.75
Downside Target	254.50
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	253.2
Downside Intraday Target	248.6
Upside Intraday Target	263.7
Upside Intraday Target	269.6
Upside Intraday Target	259.1

Weekly technical analysis of Shalby (SHALBY)

Date	Weekly Closing Price	Open	High	Low	Volume
15 Tue Oct 2024	257.80	263.60	265.00	254.50	0.527 times
11 Fri Oct 2024	263.50	272.00	273.50	256.60	1.301 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

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
15 Tue Oct 2024	257.80	280.00	282.50	254.50	0.269 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 sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small

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 definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.

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 red color and prices are below the red 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 but selling 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 263.59 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.