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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 2024-10-31 View latest technical analysis

10 day averaged volume of Shalby is 159252

Date	Daily Closing Price	Open	High	Low	Volume
31 Thu Oct 2024	236.20	240.30	248.70	234.85	2.175 times
30 Wed Oct 2024	243.30	261.10	264.70	238.05	4.866 times
29 Tue Oct 2024	261.65	254.00	263.00	251.05	0.61 times
28 Mon Oct 2024	257.55	241.55	267.60	236.25	1.092 times
25 Fri Oct 2024	238.00	248.25	248.45	231.60	0.73 times
24 Thu Oct 2024	248.25	242.55	249.00	241.30	0.37 times
23 Wed Oct 2024	242.10	244.30	245.95	237.95	0.601 times
22 Tue Oct 2024	243.05	255.45	256.25	241.45	0.783 times
21 Mon Oct 2024	256.45	260.00	261.15	255.00	0.295 times
18 Fri Oct 2024	259.00	257.95	260.00	255.70	0.194 times

Stock of Shalby (SHALBY) has showed a significant fall. This could be a good time to exit from this stock.

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 234, for a target of 245.6 or 255.25

Share price targets for Shalby (SHALBY)

Target Type	Value
Downside Target	227.10
Upside Target	248.75
Upside 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	224.83
Downside Intraday Target	213.47
Upside Intraday Target	257.58
Upside Intraday Target	278.97
Upside Intraday Target	246.22

Weekly technical analysis of Shalby (SHALBY)

Date	Weekly Closing Price	Open	High	Low	Volume
31 Thu Oct 2024	236.20	241.55	267.60	234.85	3.146 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 down this week, and volume has increased substantially. This means that the move can continue in coming weeks.

Monthly technical analysis of Shalby (SHALBY)

Date	Monthly Closing Price	Open	High	Low	Volume
31 Thu Oct 2024	236.20	280.00	282.50	231.60	0.862 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 trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in 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 in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. 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 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 244.61 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.