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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 2024-11-07 View latest technical analysis

10 day averaged volume of Shalby is 230149

Date	Daily Closing Price	Open	High	Low	Volume
07 Thu Nov 2024	232.67	236.65	237.50	231.90	0.503 times
06 Wed Nov 2024	235.47	232.00	237.00	228.15	0.948 times
05 Tue Nov 2024	231.43	227.50	233.80	224.05	0.812 times
04 Mon Nov 2024	226.38	239.50	239.99	225.00	1.305 times
01 Fri Nov 2024	239.50	238.80	240.39	238.69	0.124 times
31 Thu Oct 2024	236.20	240.30	248.70	234.85	1.505 times
30 Wed Oct 2024	243.30	261.10	264.70	238.05	3.367 times
29 Tue Oct 2024	261.65	254.00	263.00	251.05	0.422 times
28 Mon Oct 2024	257.55	241.55	267.60	236.25	0.756 times
25 Fri Oct 2024	238.00	248.25	248.45	231.60	0.505 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 235.9, but if it comes above 235.9, then a intra day buy could be more profitable.
If you take a sell trade below 235.9, then use 235.9 as stoploss and 222 as target. However if you take a buy trade in stock , then use 235.9 as stoploss and 247.44 as target.

Share price targets for Shalby (SHALBY)

Target Type	Value
Downside Target	224.05
Downside Target	231.60
Upside Target	239.99
Upside Target	248.75
Upside Target	254.50
Upside Target	267.60
Upside Target	268.45
Upside Target	273.50
Upside Target	282.50
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	224.48
Downside Intraday Target	216.3
Upside Intraday Target	240.42
Upside Intraday Target	248.18
Downside Intraday Target	232.24

Weekly technical analysis of Shalby (SHALBY)

Date	Weekly Closing Price	Open	High	Low	Volume
07 Thu Nov 2024	232.67	239.50	239.99	224.05	0.578 times
01 Fri Nov 2024	239.50	241.55	267.60	234.85	3.21 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

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
07 Thu Nov 2024	232.67	238.80	240.39	224.05	0.278 times
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

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 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 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 coming down

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

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 239.42 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.