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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 185486

Date Daily Closing Price Open High Low Volume
21 Thu Nov 2024 215.73 213.00 217.95 204.05 1.29 times
19 Tue Nov 2024 213.94 215.15 218.98 211.10 1.689 times
18 Mon Nov 2024 213.00 215.80 217.30 209.00 0.675 times
14 Thu Nov 2024 215.20 211.65 220.00 209.01 0.873 times
13 Wed Nov 2024 210.59 219.40 219.75 209.55 1.07 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 216.6, but if it comes above 216.6, then a intra day buy could be more profitable.
If you take a sell trade below 216.6, then use 216.6 as stoploss and 199 as target. However if you take a buy trade in stock , then use 216.6 as stoploss and 231.21 as target.

Share price targets for Shalby (SHALBY)

Target Type Value
Downside Target 204.05
Downside Target 209.01
Upside Target 218.98
Upside Target 231.60
Upside Target 248.75
Upside Target 264.70
Upside Target 267.40
Upside Target 267.60
Upside Target 268.45
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 206.86
Downside Intraday Target 197.99
Upside Intraday Target 221.79
Upside Intraday Target 227.85
Downside Intraday Target 212.92

Weekly technical analysis of Shalby (SHALBY)

Date Weekly Closing Price Open High Low Volume
21 Thu Nov 2024 215.73 215.80 218.98 204.05 1.039 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 0.88 times
01 Fri Nov 2024 239.50 261.10 264.70 234.85 1.099 times
30 Wed Oct 2024 243.30 241.55 267.60 236.25 2.363 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
21 Thu Nov 2024 215.73 238.80 240.39 204.05 0.619 times
31 Thu Oct 2024 236.20 280.00 282.50 231.60 1.08 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

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)

Indicator Name Indicator Value Indicator Signal
ADX 7, 31, 62 Sell
MACD -22, -21Sell
Stochastics 22Sell
CCI -78Sell
RSI 39Sell
OBV -829065Sell
VWAP 219Sell
ADL 0Sell
ROC -7Sell
Force Index 0Sell

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 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 gaining momentum.

MACD generated a SELL signal for Shalby in short term and the sell 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 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 in or above the red cloud Prices appear to be moving up

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

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 219.38 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.

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