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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 2024-10-18 View latest technical analysis

10 day averaged volume of Shalby is 106354

Date	Daily Closing Price	Open	High	Low	Volume
18 Fri Oct 2024	259.00	257.95	260.00	255.70	0.291 times
17 Thu Oct 2024	259.70	258.15	261.95	258.00	0.686 times
16 Wed Oct 2024	257.60	257.10	263.70	256.15	1.525 times
15 Tue Oct 2024	257.80	259.20	261.70	254.50	1.523 times
14 Mon Oct 2024	259.20	263.60	265.00	258.35	0.826 times
11 Fri Oct 2024	263.50	266.70	269.80	262.00	0.715 times
10 Thu Oct 2024	266.70	266.25	271.70	265.00	0.609 times
09 Wed Oct 2024	264.90	261.10	270.05	261.10	0.451 times
08 Tue Oct 2024	261.00	258.00	263.75	256.80	0.873 times
07 Mon Oct 2024	257.85	272.00	273.50	256.60	1.812 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 260, but if it comes above 260, then a intra day buy could be more profitable.
If you take a sell trade below 260, then use 260 as stoploss and 249 as target. However if you take a buy trade in stock , then use 260 as stoploss and 269.24 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	254
Downside Intraday Target	249
Upside Intraday Target	264.5
Upside Intraday Target	270
Upside Intraday Target	259.5

Weekly technical analysis of Shalby (SHALBY)

Date	Weekly Closing Price	Open	High	Low	Volume
18 Fri Oct 2024	259.00	263.60	265.00	254.50	1.088 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
18 Fri Oct 2024	259.00	280.00	282.50	254.50	0.344 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 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 weakening, and bulls are picking up momentum!

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 BUY signal in short term and the buying is gaining momentum.

MRSI is in negative zone. This is the SELL 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 259.74 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.