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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 2024-10-24 View latest technical analysis

10 day averaged volume of Shalby is 92421

Date	Daily Closing Price	Open	High	Low	Volume
24 Thu Oct 2024	248.25	242.55	249.00	241.30	0.638 times
23 Wed Oct 2024	242.10	244.30	245.95	237.95	1.035 times
22 Tue Oct 2024	243.05	255.45	256.25	241.45	1.35 times
21 Mon Oct 2024	256.45	260.00	261.15	255.00	0.508 times
18 Fri Oct 2024	259.00	257.95	260.00	255.70	0.335 times
17 Thu Oct 2024	259.70	258.15	261.95	258.00	0.789 times
16 Wed Oct 2024	257.60	257.10	263.70	256.15	1.755 times
15 Tue Oct 2024	257.80	259.20	261.70	254.50	1.753 times
14 Mon Oct 2024	259.20	263.60	265.00	258.35	0.951 times
11 Fri Oct 2024	263.50	266.70	269.80	262.00	0.823 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 251.9, but if it comes above 251.9, then a intra day buy could be more profitable.
If you take a sell trade below 251.9, then use 251.9 as stoploss and 239 as target. However if you take a buy trade in stock , then use 251.9 as stoploss and 262.59 as target.

Share price targets for Shalby (SHALBY)

Target Type	Value
Downside Target	227.10
Downside Target	237.95
Upside Target	248.75
Upside Target	254.50
Upside Target	273.50
Upside Target	282.50
Upside Target	284.95
Upside Target	291.95
Upside Target	294.95
Upside Target	297.90
Upside Target	325.00

Intraday share price targets for Shalby (SHALBY)

Target Type	Value
Downside Intraday Target	237.08
Downside Intraday Target	225.92
Upside Intraday Target	260.28
Upside Intraday Target	272.32
Upside Intraday Target	249.12

Weekly technical analysis of Shalby (SHALBY)

Date	Weekly Closing Price	Open	High	Low	Volume
24 Thu Oct 2024	248.25	260.00	261.15	237.95	0.633 times
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

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
24 Thu Oct 2024	248.25	280.00	282.50	237.95	0.436 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 losing 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 moving up

CCI has generated a buy signal for Shalby in short term but BUY signal is weak.

RSI is generating a BUY signal in short term and the buying is gaining 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 254.24 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.