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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)

10 day averaged volume of Shalby is 139026

Date	Daily Closing Price	Open	High	Low	Volume
26 Fri Apr 2024	279.75	279.05	289.00	277.35	1.941 times
25 Thu Apr 2024	283.60	281.05	285.90	281.05	1.414 times
24 Wed Apr 2024	281.70	279.50	283.80	278.00	1.028 times
23 Tue Apr 2024	277.65	274.95	279.75	274.10	0.741 times
22 Mon Apr 2024	273.80	269.90	277.00	267.50	1.052 times
19 Fri Apr 2024	266.65	266.00	269.80	261.80	0.609 times
18 Thu Apr 2024	267.70	273.00	274.30	265.50	0.804 times
16 Tue Apr 2024	269.50	269.40	272.00	266.15	0.567 times
15 Mon Apr 2024	269.65	271.35	276.15	266.00	1.104 times
12 Fri Apr 2024	277.40	280.85	280.85	275.25	1.308 times

My analysis of stock is bullish for shortterm, but stock is in semi over bought zones and there are some chances of seeing a fall tomorrow. Use 282 as stoploss in an intra day sell trade for a target of 268.15. However, stock will show a bullish move above 282.

Share price targets for Shalby (SHALBY)

Target Type	Value
Downside Target	210.35
Downside Target	236.40
Downside Target	250.00
Downside Target	260.80
Downside Target	267.50
Downside Target	274.10
Upside Target	286.60
Upside Target	289.00
Upside Target	294.00
Upside Target	329.60
Upside Target	332.00
Upside Target	339.50

Intraday share price targets for Shalby (SHALBY)

Target Type	Value
Downside Intraday Target	268.5
Downside Intraday Target	257.25
Upside Intraday Target	290
Upside Intraday Target	300.25
Downside Intraday Target	278.75

Weekly technical analysis of Shalby (SHALBY)

Date	Weekly Closing Price	Open	High	Low	Volume
26 Fri Apr 2024	279.75	269.90	289.00	267.50	2.002 times
19 Fri Apr 2024	266.65	271.35	276.15	261.80	0.26 times
12 Fri Apr 2024	277.40	274.10	294.00	274.10	0.812 times
05 Fri Apr 2024	267.40	240.25	274.70	240.00	2.463 times
28 Thu Mar 2024	239.10	247.85	250.00	236.40	0.878 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
26 Fri Apr 2024	279.75	240.25	294.00	240.00	0.911 times
28 Thu Mar 2024	239.10	269.30	275.85	210.35	0.989 times
29 Thu Feb 2024	269.30	310.20	332.00	260.80	0.965 times
31 Wed Jan 2024	307.75	303.90	339.50	287.15	0.692 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 losing momentum.

MACD generated a BUY signal for Shalby in short term and the buy signal is strong.

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 stronger in this stock.

Ichimoku cloud is of green color and prices are above the green cloud Prices appear to be coming down

CCI has generated a SELL signal for Shalby in short term but SELL 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 276.15 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 has given negative 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.