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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 2024-12-06 View latest technical analysis

10 day averaged volume of Shalby is 284751

Date	Daily Closing Price	Open	High	Low	Volume
06 Fri Dec 2024	244.71	240.00	247.38	239.44	0.707 times
05 Thu Dec 2024	242.28	243.00	246.25	238.85	0.67 times
04 Wed Dec 2024	243.37	240.10	248.51	239.15	1.807 times
03 Tue Dec 2024	238.89	234.00	240.95	232.45	0.894 times
02 Mon Dec 2024	232.40	222.73	233.50	221.12	1.71 times
29 Fri Nov 2024	222.73	221.95	225.00	218.15	0.657 times
28 Thu Nov 2024	221.88	217.16	225.66	217.16	0.824 times
27 Wed Nov 2024	217.35	223.00	223.00	216.74	0.751 times
26 Tue Nov 2024	221.53	225.10	225.44	218.60	0.845 times
25 Mon Nov 2024	224.18	220.50	232.00	218.58	0.751 times

Although my analysis for stock is bullish for shortterm, but stock is over bought and there are high chances of some profit booking tomorrow. You might want to sell the stock tomorrow in intra day with a stoploss of 247.6, for a target of 234.9 or 224.39

Share price targets for Shalby (SHALBY)

Target Type	Value
Downside Target	204.05
Downside Target	209.01
Downside Target	216.74
Downside Target	231.60
Downside Target	239.99
Upside Target	248.51
Upside Target	248.75
Upside Target	268.45
Upside Target	282.50
Upside Target	294.95
Upside Target	297.90

Intraday share price targets for Shalby (SHALBY)

Target Type	Value
Downside Intraday Target	227.72
Downside Intraday Target	210.72
Upside Intraday Target	255.11
Upside Intraday Target	265.5
Downside Intraday Target	238.11

Weekly technical analysis of Shalby (SHALBY)

Date	Weekly Closing Price	Open	High	Low	Volume
06 Fri Dec 2024	244.71	222.73	248.51	221.12	1.512 times
29 Fri Nov 2024	222.73	220.50	232.00	216.74	1.103 times
22 Fri Nov 2024	215.33	215.80	218.98	204.05	1.515 times
14 Thu Nov 2024	215.20	224.00	224.70	209.01	0.644 times
08 Fri Nov 2024	223.78	239.50	239.99	220.81	0.712 times

Price has moved up 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
06 Fri Dec 2024	244.71	222.73	248.51	221.12	0.437 times
29 Fri Nov 2024	222.73	238.80	240.39	204.05	1.234 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

Scroll below to view daily charts

Price has moved up 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 positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.

Price action analysis of Shalby ( (SHALBY) ) based on a short to mid term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the 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 BUY. Signal strength is Strong 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 is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting tired and bears are picking up momentum.

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 SELL signal in short term and selling is picking up momentum.

MRSI is in positive zone. This is a BUY zone

Although the stock is in the BUY zone, but buying 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 232.32 and Shalby (SHALBY) stock is trading above this level. This is a good sign for the stock and it could move higher. VWAP is rising upwards.

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 positive

Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.