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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 2024-10-29 View latest technical analysis

10 day averaged volume of Shalby is 104470

Date	Daily Closing Price	Open	High	Low	Volume
29 Tue Oct 2024	261.65	254.00	263.00	251.05	0.93 times
28 Mon Oct 2024	257.55	241.55	267.60	236.25	1.665 times
25 Fri Oct 2024	238.00	248.25	248.45	231.60	1.113 times
24 Thu Oct 2024	248.25	242.55	249.00	241.30	0.565 times
23 Wed Oct 2024	242.10	244.30	245.95	237.95	0.916 times
22 Tue Oct 2024	243.05	255.45	256.25	241.45	1.194 times
21 Mon Oct 2024	256.45	260.00	261.15	255.00	0.45 times
18 Fri Oct 2024	259.00	257.95	260.00	255.70	0.296 times
17 Thu Oct 2024	259.70	258.15	261.95	258.00	0.698 times
16 Wed Oct 2024	257.60	257.10	263.70	256.15	1.553 times

My analysis of stock is bullish for shortterm, and stock might move up till 269.1 or till 281.2. Use a stoploss of 258.95 and if this stock hits its stoploss, then it can fall down till 248.82

Share price targets for Shalby (SHALBY)

Target Type	Value
Downside Target	227.10
Downside Target	236.25
Downside Target	248.75
Downside Target	254.50
Upside Target	268.45
Upside Target	273.50
Upside Target	282.50
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	242.73
Downside Intraday Target	223.82
Upside Intraday Target	274.08
Upside Intraday Target	286.52
Downside Intraday Target	255.17

Weekly technical analysis of Shalby (SHALBY)

Date	Weekly Closing Price	Open	High	Low	Volume
29 Tue Oct 2024	261.65	241.55	267.60	236.25	0.612 times
25 Fri Oct 2024	238.00	260.00	261.15	231.60	0.858 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

Price has moved up 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
29 Tue Oct 2024	261.65	280.00	282.50	231.60	0.545 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 positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.

Price action analysis of Shalby ( (SHALBY) ) based on a short term time period is positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.

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 Weak and stock is gaining momentum.

MACD generated a BUY signal for Shalby in short term but the buy signal is initial and weak.

MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.

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. Bulls are getting stronger in this stock.

Ichimoku cloud is of red color and prices are in or above the red cloud Prices appear to be moving up

CCI has generated a buy signal for Shalby in short term and BUY signal is strong.

RSI is generating a BUY signal in short term but buying 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 251.88 and Shalby (SHALBY) stock is trading above this level. This is a good sign for the stock and it could move higher. 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 is giving positive 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.